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Feb
12th
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How to Call The Top

It always surprises me how newspapers are able to unknowingly mark the top of any bubble with top stories talking about fortunes to be made, staggering growth and bright future. It happened with oil at $150 last july and now again with Dubai.

Here’s what New York Magazine said less than three months ago, right at the top: Escape to Dubai.
Here’s the sad reality coming up now: Laid-off foreigners flee as Dubai spirals down.

Tags: finance   dubai   bubble  
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