Nov
28th
Sat
28th
Dubai Credit Default Swap via Dubai Observations | zero hedge
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Baseline Scenario
Nov
26th
Thu
26th
Dubai Inc. asks for a standstill on its debt via Global Investing » Blog Archive » A black swan in the desert | Blogs |
Apr
8th
Wed
8th
This is a city built from nothing in just a few wild decades on credit and ecocide, suppression and slavery. Dubai is a living metal metaphor for the neo-liberal globalised world that may be crashing – at last – into history.
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dubai
Feb
12th
Thu
12th
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.
