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Old 3rd Aug 2015, 19:21
  #11 (permalink)  
DCS99
 
Join Date: Sep 2000
Location: Danger - Deep Excavation
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Relax
Originally Posted by emratty
Dubai is as good as bankrupt this is an inevitable next step. The economic storm that is going to hit Dubai will make 2009 seem a small dip.
Another Dubai debt crunch is looming as oil slump hits Gulf - Telegraph
There's no debt problem.

http://www.arabianmoney.net/islamic-finance/2015/02/16/no-repeat-of-the-2009-dubai-debt-crisis-now-possible-as-dubai-world-signs-off-14-6bn-refinancing-deal/

"No repeat"
Everything is fine.
Nothing to see here.
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