I just spent 3 days back in the UK on business... it snowed last tuesday.... and things there are awful... if there is a recession coming the UAE may prove to be on a RELATIVE BASIS quite a nice place to sit it out.
30-40% correction in property prices... London will be just as bad.... so will the US... at least the sun is shining here and Mr Brown can't get his grubby mits on my money by ramping up taxes like there is no tomorrow. You have to remember if you don't want to be here where do you want to be? It is crap everywhere.... really crap