Tarnished Dubai

July 20, 2009 | Filed Under Main | Leave a Comment

Someone sent me a link to a recent article in the London Times about Dubai.

This is the reality out here. For Kuwait – remove the alcohol, most of the prostitutes and the garish architecture. For Abu Dhabi – tone down the excess by more than half and skip the huge debt. All the other factors still exist. The laws, the arrogance, the slave labor, the corruption – that’s what is left after the high times. So whenever anyone tells you about the “free market” – point to Dubai. Because the free market built it and the free market will leave it a rotting carcass.

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