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Video Flagged Dead

People are pouring out of Dubai

submitted by vaporlock

1 decade 5 years 3 months ago

Dubai Real Estate Crash crisis bust bailout Abu Dhabi Doha

"Short of opening a Radio Shack in an Amish town, Dubai is the world’s worst business idea, and there isn’t even any oil. Imagine proposing to build Vegas in a place where sex and drugs and rock and roll are an anathema. This is effectively the proposition that created Dubai - it was a stupid idea before the crash, and now it is dangerous. "

from Boing Boing