It is a little puzzling as to why so many people are astonished of find the Dubai World debt issue a surprise or problematic. Didn’t we have all the clues of that desert dream laid in front of us. Tens of billions of dollars in loans to build projects that can not possibly pay or [...]
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Will we learn after Dubai?
Posted in crisis, debt, Dubai, short, UAE, world market, tagged Dubai, maktoum, RBS HSBC, sheikh, short, u.a.e., UAE on November 27, 2009 | Leave a Comment »
