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Title: Dodgy Dubai starts a new crash Post by: The-Crow on November 28, 2009, 09:08:34 PM News that Dubai World, the emirate’s investment vehicle, was seeking to delay for six months payments on all or part of its $59 billion in debt., has worried the markets as British banks have once again lent more than they should have. Dubai was supposed to pull us out of recession, not finish us off.
What advise can any Blonde members give to us bird brains. Title: Re: Dodgy Dubai starts a new crash Post by: Royal Flush on November 28, 2009, 10:17:07 PM Message is clear, don't lend money to Dubai!
Title: Re: Dodgy Dubai starts a new crash Post by: George2Loose on November 28, 2009, 10:22:16 PM I knew Dave Shallow was multai but didn't realise he was in for 59 billion!
Title: Re: Dodgy Dubai starts a new crash Post by: outragous76 on November 28, 2009, 10:34:54 PM lol
Title: Re: Dodgy Dubai starts a new crash Post by: Delboy on November 29, 2009, 12:28:14 AM lol that's not a picture of Dubai's world
Title: Re: Dodgy Dubai starts a new crash Post by: phatomch on November 29, 2009, 04:56:37 AM peasant
Title: Re: Dodgy Dubai starts a new crash Post by: lazaroonie on November 29, 2009, 02:27:59 PM contrary to populat belief, dubai is not as loaded as some people think. it doesnt have the oil revenues of the other emirates, such as abu dhabi and the like.
Abu Dhabi has already bailed it out on several occasions. dont think it will be happening again. Title: Re: Dodgy Dubai starts a new crash Post by: kinboshi on November 29, 2009, 04:52:15 PM The parable of building on sand rather than solid foundations has never been so appropriate.
A vile place, built on greed, a lack of human rights, and it'll be interesting to see what develops (pardon the pun) here. Title: Re: Dodgy Dubai starts a new crash Post by: The-Crow on November 29, 2009, 09:46:52 PM I always tell Mrs.Crow every spring
Don't keep all our eggs in one basket, protect our little nest eggs This time last year we were buying Euro's, may do the same this year as well Title: Re: Dodgy Dubai starts a new crash Post by: Royal Flush on November 29, 2009, 10:16:53 PM I always tell Mrs.Crow every spring Don't keep all our eggs in one basket, protect our little nest eggs This time last year we were buying Euro's, may do the same this year as well Where abouts in Europe did you go? Title: Re: Dodgy Dubai starts a new crash Post by: NoflopsHomer on November 29, 2009, 10:44:47 PM Anyone else open this post thinking 'WTF has Shallow done now?'
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