Tuesday, February 03, 2009

Dubai Property Market Collapse!

Let there be no doubt, America wasn't the only country feeding off the massive "easy money" credit bubble and as it deflates the repercussions and ensuing financial crisis will be felt globally!

3 comments:

Justin_n_IL said...

"Let there be no doubt, America wasn't the only country feeding off the massive "easy money" credit bubble and as it deflates the repercussions and ensuing financial crisis will be felt globally"

INDEED!!! The whole world is drunk with usury....hmmmmm....

You know I think it's going to be a lot like a bunch of people who get hammered. When it gets late and everybody has had there fill ugliness is the norm.

Anonymous said...

The "shadow inventory" in the US.


http://www.cnbc.com/id/15840232?video=1020399709&play=1

Anonymous said...

Some the townships and skyscrapers created in the different Emirate cities have superb architecture. You cannot stand to believe how marvelous they look.
Dubai Property