The Downward Spiral That Used To Be Dubai
Laid-off foreigners flee as Dubai declines
"With Dubai's economy in free fall, newspapers have reported that more than 3,000 cars sit abandoned in the parking lot at the Dubai Airport, left by fleeing, debt-ridden foreigners (who could in fact be imprisoned if they failed to pay their bills). Some are said to have maxed-out credit cards inside and notes of apology taped to the windshield."
World wide depression spreading to Dubai
"The dream of a skyline that would soon have matched Manhattan’s may be on hold as Dubai’s once stellar property and construction boom slows from its previously frenetic pace to a more sedate one, in which many projects have been either suspended or completely abandoned."
Work halted on world's tallest tower in Dubai
I wonder if they're running out of snow at that Dubai ski resort.
"With Dubai's economy in free fall, newspapers have reported that more than 3,000 cars sit abandoned in the parking lot at the Dubai Airport, left by fleeing, debt-ridden foreigners (who could in fact be imprisoned if they failed to pay their bills). Some are said to have maxed-out credit cards inside and notes of apology taped to the windshield."
World wide depression spreading to Dubai
"The dream of a skyline that would soon have matched Manhattan’s may be on hold as Dubai’s once stellar property and construction boom slows from its previously frenetic pace to a more sedate one, in which many projects have been either suspended or completely abandoned."
Work halted on world's tallest tower in Dubai
I wonder if they're running out of snow at that Dubai ski resort.
posted by nolocontendere at 10:55 PM
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