Home › Forums › Financial Markets/Economics › Is Dubai about to go Bankrupt?
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November 25, 2009 at 11:35 AM #487562November 25, 2009 at 3:25 PM #486778ucodegenParticipant
Any country that builds an indoor ski resort (the size of 3 football domes) in the middle of the desert is an accident waiting to happen.
Depending on how that is run.. it could be quite profitable. Desert cheap land, and the result is the only ski slope for hundreds if not thousands of miles. The website needs an attitude adjustment though..
I think one of the biggest problems was that Dubai was switching to a tourist driven economy as the global economy itself was going T-U.
November 25, 2009 at 3:25 PM #486945ucodegenParticipantAny country that builds an indoor ski resort (the size of 3 football domes) in the middle of the desert is an accident waiting to happen.
Depending on how that is run.. it could be quite profitable. Desert cheap land, and the result is the only ski slope for hundreds if not thousands of miles. The website needs an attitude adjustment though..
I think one of the biggest problems was that Dubai was switching to a tourist driven economy as the global economy itself was going T-U.
November 25, 2009 at 3:25 PM #487325ucodegenParticipantAny country that builds an indoor ski resort (the size of 3 football domes) in the middle of the desert is an accident waiting to happen.
Depending on how that is run.. it could be quite profitable. Desert cheap land, and the result is the only ski slope for hundreds if not thousands of miles. The website needs an attitude adjustment though..
I think one of the biggest problems was that Dubai was switching to a tourist driven economy as the global economy itself was going T-U.
November 25, 2009 at 3:25 PM #487412ucodegenParticipantAny country that builds an indoor ski resort (the size of 3 football domes) in the middle of the desert is an accident waiting to happen.
Depending on how that is run.. it could be quite profitable. Desert cheap land, and the result is the only ski slope for hundreds if not thousands of miles. The website needs an attitude adjustment though..
I think one of the biggest problems was that Dubai was switching to a tourist driven economy as the global economy itself was going T-U.
November 25, 2009 at 3:25 PM #487642ucodegenParticipantAny country that builds an indoor ski resort (the size of 3 football domes) in the middle of the desert is an accident waiting to happen.
Depending on how that is run.. it could be quite profitable. Desert cheap land, and the result is the only ski slope for hundreds if not thousands of miles. The website needs an attitude adjustment though..
I think one of the biggest problems was that Dubai was switching to a tourist driven economy as the global economy itself was going T-U.
November 25, 2009 at 9:13 PM #486882EugeneParticipant[quote=doofrat]Dubai and Las Vegas are both hell holes in the desert, but Vegas has: Free Booze, Gambling, and Titty Dancers. What does Dubai have again?[/quote]
I’ve been to Las Vegas twice in the last year and I can assure you that there’s no free booze in Vegas (except maybe in some remote off-strip places where you run the risk of getting knifed on your way to the parking lot). In fact, I’ve never seen such overpriced booze anywhere else. $9 grasshoppers anyone? Sheesh.
November 25, 2009 at 9:13 PM #487051EugeneParticipant[quote=doofrat]Dubai and Las Vegas are both hell holes in the desert, but Vegas has: Free Booze, Gambling, and Titty Dancers. What does Dubai have again?[/quote]
I’ve been to Las Vegas twice in the last year and I can assure you that there’s no free booze in Vegas (except maybe in some remote off-strip places where you run the risk of getting knifed on your way to the parking lot). In fact, I’ve never seen such overpriced booze anywhere else. $9 grasshoppers anyone? Sheesh.
November 25, 2009 at 9:13 PM #487430EugeneParticipant[quote=doofrat]Dubai and Las Vegas are both hell holes in the desert, but Vegas has: Free Booze, Gambling, and Titty Dancers. What does Dubai have again?[/quote]
I’ve been to Las Vegas twice in the last year and I can assure you that there’s no free booze in Vegas (except maybe in some remote off-strip places where you run the risk of getting knifed on your way to the parking lot). In fact, I’ve never seen such overpriced booze anywhere else. $9 grasshoppers anyone? Sheesh.
November 25, 2009 at 9:13 PM #487516EugeneParticipant[quote=doofrat]Dubai and Las Vegas are both hell holes in the desert, but Vegas has: Free Booze, Gambling, and Titty Dancers. What does Dubai have again?[/quote]
I’ve been to Las Vegas twice in the last year and I can assure you that there’s no free booze in Vegas (except maybe in some remote off-strip places where you run the risk of getting knifed on your way to the parking lot). In fact, I’ve never seen such overpriced booze anywhere else. $9 grasshoppers anyone? Sheesh.
November 25, 2009 at 9:13 PM #487747EugeneParticipant[quote=doofrat]Dubai and Las Vegas are both hell holes in the desert, but Vegas has: Free Booze, Gambling, and Titty Dancers. What does Dubai have again?[/quote]
I’ve been to Las Vegas twice in the last year and I can assure you that there’s no free booze in Vegas (except maybe in some remote off-strip places where you run the risk of getting knifed on your way to the parking lot). In fact, I’ve never seen such overpriced booze anywhere else. $9 grasshoppers anyone? Sheesh.
November 26, 2009 at 7:21 AM #486992GHParticipantDubai is all about tax havens, where thousands of wealthy Europeans and Americans have fled to reside tax free. Of course it is a giant bubble and many of it’s previously wealthy tax avoiders are no longer wealthy enough to make it worth while…
November 26, 2009 at 7:21 AM #487160GHParticipantDubai is all about tax havens, where thousands of wealthy Europeans and Americans have fled to reside tax free. Of course it is a giant bubble and many of it’s previously wealthy tax avoiders are no longer wealthy enough to make it worth while…
November 26, 2009 at 7:21 AM #487539GHParticipantDubai is all about tax havens, where thousands of wealthy Europeans and Americans have fled to reside tax free. Of course it is a giant bubble and many of it’s previously wealthy tax avoiders are no longer wealthy enough to make it worth while…
November 26, 2009 at 7:21 AM #487626GHParticipantDubai is all about tax havens, where thousands of wealthy Europeans and Americans have fled to reside tax free. Of course it is a giant bubble and many of it’s previously wealthy tax avoiders are no longer wealthy enough to make it worth while…
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