Wednesday, December 2, 2009
WE ARE DUBAI (DUBYA WORLD)
WE ARE DUBAI (DUBYA WORLD USA)
1. Population adverse to manual labor
2. No oil reserves
3. Huge public and private debts
4. Boatloads of consultants, bankers and lawyers looking for deals
5. Crashed real estate market
6. Obsession with investing in foreign assets instead of our own future
7. Foreign workers in exodus due to lack of work
8. Proliferation of dubious financial instruments
9. Insolvent
10. Irrationally exuberant business model
All we need is a few camels and an indoor camel track.
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