Originally Posted by
LLuke
Not a very good idea in a debt loaded environment. Plenty of debts need renewal. If they can't get new loans it will all collaps.
Will it? - Nakheel/DW are responsible for the majority of the country's debts. Nakheel will never turn a profit so if it goes to the wall what will be left will be companies that are capable of being successful and profitable.
Letting the dead wood go to the wall has been what the rest of the world has been doing all year.
I am curious about how those new A380's are planned to be financed...
Airbus will finance them for anyone who wants to buy - they are desperate to get shot of the things.