^ You see, they tried to build this huge camel parking lot in Dubai’s desert, multistorey skyscrapers, stables on every floor, drink oasis by every elevator door…
Well you can see how bombing trade towers would be kinda a burden…
Anyway, now that Im aware of this particular instance by the “Dubai” written on the side of that camel, I hope Dubai can bring in buisness, for its people, and bring in revenue to expand and grow and maintain a successful enterprise. Or just tear it down and use it for resources.
The thing about Dubai is that it is glowing example of why unregulated capitalism is a bad idea. Let me explain. Investors see that GDP growth in Dubai is through the roof. This is because they are building things. So the more they build the more GDP growth they have, and the more GDP growth, the more people invest, feuling a cylce (or bubble). Regardless of it being built in sand, it keeps growing because the appearance of wealth is there (“look at all the shiny buildings!”) even though all of it is build on borrowed money, with the expectation of return which isnt going to come, since the growth is artificial. Dont believe me, Google: Ordos.
comYics over 14 years ago
Wow. Nice.
OmqR-IV.0 over 14 years ago
Built on slave labour and shifting sands. Oh dear.
comYics over 14 years ago
Whats that have to do with Dubai anyway…
OmqR-IV.0 over 14 years ago
comYics asked, 10 minutes ago
Whats that have to do with Dubai anyway…
^ You see, they tried to build this huge camel parking lot in Dubai’s desert, multistorey skyscrapers, stables on every floor, drink oasis by every elevator door…
Ah, nm.
comYics over 14 years ago
Well itd a been a better toon for Trade Center towers and Saudi Arabia.
OmqR-IV.0 over 14 years ago
ComYics: You’ve totally missed the point, haven’t you?
comYics over 14 years ago
Well you can see how bombing trade towers would be kinda a burden…
Anyway, now that Im aware of this particular instance by the “Dubai” written on the side of that camel, I hope Dubai can bring in buisness, for its people, and bring in revenue to expand and grow and maintain a successful enterprise. Or just tear it down and use it for resources.
a.c.d over 14 years ago
The thing about Dubai is that it is glowing example of why unregulated capitalism is a bad idea. Let me explain. Investors see that GDP growth in Dubai is through the roof. This is because they are building things. So the more they build the more GDP growth they have, and the more GDP growth, the more people invest, feuling a cylce (or bubble). Regardless of it being built in sand, it keeps growing because the appearance of wealth is there (“look at all the shiny buildings!”) even though all of it is build on borrowed money, with the expectation of return which isnt going to come, since the growth is artificial. Dont believe me, Google: Ordos.
Dtroutma over 14 years ago
In a country based totally on world banking and trade for their economy– maybe a hint?