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Originally Posted by Scav
There are 4 people creating that bubble.
I don't want it to look like I am defending this guy, because personally, I can care less what goes on over there, although it does look like a cool place to visit.
I just think that people are missing the big picture, what the industry as a whole is doing.
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Take the one with the limitless resources out of the picture and the spending by the other three drops dramatically. I think you are underestimating just how much money this guy has and how much the economy of Dubai is making him each year. The money won't run out, he gets virtually none of it from oil anymore so won't even be impacted if we somehow reduced our dependance on oil.