reply to post by musselwhite1
Excellent thread friend, very well done. I find it absolutely astonishing that Dubai has exploded in the way it did.. quite literally exploded. I
have followed some of Dubai's progress, there massive wealth, where it comes from and how it grows.
Dubai's investments oddly enough, is run by the state. That is, in such a capitalistic society.. Dubai's government uses oil and tax income, and
invest in other countries with the money, increasing their own, then putting it back into their economy. Its utter genius.
In fact.. last week Dubai's state investment company offered American financial sector a little bit of an ease.. by buying out 15 BILLION dollars
worth of assets and debts.
That is not the first buy either.. since the "correction / recession" began, Dubai has been one of the top infusers of liquid assets into the
American market.. buying out companies like Bank of America, Country Wide and many other financial (and a vast majority of other American companies)
in our markets..
Also.. remember 2 (i think) years ago when Dubai tried to buy the largest American (and world) ports? .. And the massive public outcry when it was
discovered Bush tried to push the deal through in secret...
And also....
Arabia has made far more wealth from the wars then America has (especially per person) .. Saudi Arabia, UAE, Kuwait and several others made killings
from these wars.. Dubai is just a shining example.
I know people on ATS love to say America and Israel are in bed together, which they may be, however, Israel does not come near.. by any means, to the
explosion in Dubai.
Not all things are shiny and pretty there.. there is a dark, dark under belly to Dubai.. like oh I don't know.. fastest child sex slave trade in the
world (impart to the Iraq war ironically) ..