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Dubai: A Stark Reminder of a Fragile Economy PDF Print E-mail
Monday, 30 November 2009 06:51

Foreign markets are getting hammered overnight Thursday and futures in the U.S. are down 3% as news of a potential default at Dubai World reignites fears of the credit crisis. We have been absolutely hammering home the fact that the “solution” to the credit crisis was in fact, not a solution at all. There remain massive debt issues at home and abroad and Dubai is only the latest example of such. [click to enlarge]

 DUBAI: A STARK REMINDER OF HOW FRAGILE THE ECONOMY IS


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