Gold hits $ 1000 per ounce
Oil at $110 per barrel
Euro at 1.56
$200 billion pumped into a market that continues to fall.
Anyone not convinced that the inflation in the UAE is only just beginning is in denial. Either they unpeg or they collapse.
Until they decide, they have made it quite clear who will pick up the tab. To resort to such overt discrimination shows the level of fear and who will be sacrificed as certain asset classes collapse.
Still looking for a job paid in USD or Dirhams? You need your head examined.