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  #1  
Old 02-11-2009, 08:50 AM
10 pnt move up's Avatar
10 pnt move up 10 pnt move up is offline
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Quote:
Originally Posted by blackthroatedwind
This is an interesting and much larger economic discussion. It's hard to imagine that the world financial crisis doesn't eventually affect Dubai.
eventually?

I have friends in Dubai, American engineers that is, and they have been laid off in Dubai. They have serious money problems.
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Old 02-11-2009, 10:20 AM
blackthroatedwind blackthroatedwind is offline
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Quote:
Originally Posted by 10 pnt move up
eventually?

I have friends in Dubai, American engineers that is, and they have been laid off in Dubai. They have serious money problems.

It was tongue-in-cheek. It feels like a bigger racing related issue, however, than is being acknowledged.
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Old 02-11-2009, 10:39 AM
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The Maktoum family is more impacted the real estate markets than oil. Dubai is not as oil rich as it it heavily invested in real estate and related fields.
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