Thanks to Arab Boycott, few Israelis exposed to Dubai Meltdown :)

[Tomb Raider]

Originally Posted by B-Patriot

don't believe so.. but many do, with a dual nationality..

Hmm, smart of them, thanks for the clarification

[Dubai_Boy]

Originally Posted by The Knowledgeable

Dubai would get owned by Israel - literally!

Why dont you finish killing off the few million palastenians first , take the few km2 of land they have and then start with new territory ?


The thread creator and the clowns in this thread

Did any of us expect anything else from bitter little poeple ?

I think not.

[nomarandlee]

Originally Posted by NorthPole

The instability didn't commence in Dubai, but in democratic USA and then Western Europe.

I didn't see you or many Dubaiphiles give the US/EU credit for the boom yet you want to blame them for the fall?

[maorus]

Originally Posted by Dubai_Boy

Why dont you finish killing off the few million palastenians first , take the few km2 of land they have and then start with new territory ?


The thread creator and the clowns in this thread

Did any of us expect anything else from bitter little poeple ?

I think not.

go enjoy your melt down and stop interfering with out threads please.

[Dubai_Boy]

Originally Posted by maorus

go enjoy your melt down and stop interfering with out threads please.

Reality hurts ?

and i do not think you have the right to tell me which threads to participate in


Meltdown ? show me hard evidence of such a claim

[The Knowledgeable]

edit

[maorus]

Originally Posted by Dubai_Boy

Reality hurts ?

and i do not think you have the right to tell me which threads to participate in


Meltdown ? show me hard evidence of such a claim

You're ignorant posts are not contributing to this thread.

[Kappa21]

Originally Posted by B-Patriot

Haha, took u long enough.. Another meltdown? Because.....?

Because ever so often economies stag and the bubble bursts.... in another 3 years? probably not....

Why slow down..? lol.. What eggs in one basket? The whole idea of this rapid development is diversification u genius.. Where oil was more than half the GDP only a couple of decades ago, its about 6% of Dubai's GDP now.. Which is exactly why it'll bounce back...

So they kept their petro-dollars and then moved to a 'diversified' market which basically......... ended up with real estate bubble that burst wide open with less demand than the supply can hold. Sure there is tourism but that went downhill globally. You should have seen the CEO of Emirates airline defend the carrier on BBC hard talk. Fucker was worse than I was....

They didnt just build nice shiny and tall skyscpraers, contrary to popular belief..

Did u even study economics? lol.. U must've done a little bit, given u work for her royal Majesty's treasury or whatever.. A gap between the rich and poor is a natural byproduct of Capitalism.. Of course the extent and severity of the gap is another issue..

Your answers are so lame..

Right..
Unhealth, unnatural growth that is sprouted with overspending and over maximizing global credit in order to build but not understand the demand of future needs?
You talk about a sustainable Dubai in 3-4 decades. Do you expect 3-4 decades of 10%+ growth. China, Brazil, India and Russia would call you stupid..especially sine there is not much you produce other than what comes in and out of your ports (people, tourism, gold, money, etc...).

I wonder whats your plan in the next 30 years?
Being the next Knoxville, Tennessee?

Sometimes i gotta hand it to the critics that said Dubai jumped off the Oil/Petrodollars and into the City/Real Estate boom/burst and busts.
People like you made cities like Luanda most expensive...artificially? having easy access to money markets? open lines of credits?
Anyone can be a Hollywood start in this real estate game, chumps!

[Kappa21]

Originally Posted by Dubai_Boy

Why dont you finish killing off the few million palastenians first , take the few km2 of land they have and then start with new territory ?


The thread creator and the clowns in this thread

Did any of us expect anything else from bitter little poeple ?

I think not.

I just posted an article i found in an Israeli portal.
Everyone talks about Dubai and how Israelis cant enter it and arent expose to its wealth. Well tables turned and we arent exposed to its debt problems....

We, in SSC, however always encourage cities like Dubai as it sprouts what we yearn for....

[B-Patriot]

Originally Posted by Kappa21

Because ever so often economies stag and the bubble bursts.... in another 3 years? probably not....



So they kept their petro-dollars and then moved to a 'diversified' market which basically......... ended up with real estate bubble that burst wide open with less demand than the supply can hold. Sure there is tourism but that went downhill globally. You should have seen the CEO of Emirates airline defend the carrier on BBC hard talk. Fucker was worse than I was....




Right..
Unhealth, unnatural growth that is sprouted with overspending and over maximizing global credit in order to build but not understand the demand of future needs?
You talk about a sustainable Dubai in 3-4 decades. Do you expect 3-4 decades of 10%+ growth. China, Brazil, India and Russia would call you stupid..especially sine there is not much you produce other than what comes in and out of your ports (people, tourism, gold, money, etc...).

I wonder whats your plan in the next 30 years?
Being the next Knoxville, Tennessee?

Sometimes i gotta hand it to the critics that said Dubai jumped off the Oil/Petrodollars and into the City/Real Estate boom/burst and busts.
People like you made cities like Luanda most expensive...artificially? having easy access to money markets? open lines of credits?
Anyone can be a Hollywood start in this real estate game, chumps!

I can't believe ur still arguing.. I think u just are for the sake of it.. Cuz the things u say just keep getting more and more ridiculous by the minute.. And ur putting words in my mouth now as well.. Pathetic...

Your first lines makes no sense whatsoever..

Listen to yourself.. Tourism gone downhill.. Sure.. But that's only temporary u idiot.. a lot of countries are more tourism-dependant than dubai.. What do u say to them? u screwed urselves bitches? bad planning, idiots?

And the demand and supply argument.. Sure, they over-did it.. But its not as bad as ppl think... U havent been to dubai.. I have..

Many ppl expected the bubble to burst.. YEARS ago.. and it didn't, until now.. As a sorta byproduct and casuality of the financial crisis.. not to say that the sector wasn't overheating..

I say its not as bad as it is.. Cuz a lot of ppl think that all those tall shiny towers are selling for speculative purposes.. And yet, when u go, u'll find that a lot of them are infact occuppied.. Its not all speculation..

Also.. The whole gulf, Ireland, Spain, all had real estate busts.. Its nothing 'abnormal' or shocking... Its not due to bad planning.. Its just cyclical...

And i never said that dubai would continue to grow at 10% per annum for the next 3 or 4 decades.. And don't underestimate what dubai can or can't produce.. My point was in 3 or 4 decades dubai will be more mature.. They don't need to grow at 10% anymore, they've already established themselves.. Per capita income is higher than most other developed nations..

Most developed nations are becoming more service-based economies anyways.. Its not all about what u physically produce anymore!
A fact u seem to be ignorant of..

What sector doesn't have boom/bust cycles.. Most do.. So this 'from petro dollars to real estate' is such a bullshit argyment.. lol.. utter bullshit..

And your last statement.. No dear, untrue.. Far from true.. I already explained why dubai was in a very unique position to become a hollywood star.. I won't repeat myself to indulge ur stupidity and stubborness..

[Gzdvtz]

Originally Posted by B-Patriot

I can't believe ur still arguing.. I think u just are for the sake of it..

Normally I stop replying to people who argue for the sake of arguing. It's really pointless, it's like with trolls you know you have to deprive them of wha they feed on i.e. attention.

Aren't mods supposed to de-escalate the situation? Calling someone an idiot and stupid does the opposite

[Dubai_Boy]

idiot and stupid are friendly things mothers say to their children in MENA countries

he was actually being friendly

[B-Patriot]

Sometimes u just need to call a spade a spade!

[Gzdvtz]

What happened to the comminity spirit?

[wonkcerbon]

LOL! the OP got PWNED BADLY!!!

[Chevre]

Originally Posted by Dubai_Boy

Why dont you finish killing off the few million palastenians first , take the few km2 of land they have and then start with new territory ?


The thread creator and the clowns in this thread

Did any of us expect anything else from bitter little poeple ?

I think not.

We're (i.e., Jews and/or Israelis) still going to own Dubai at some point. At some point, you'll be writing me a monthly cheque for your rent.

[Chevre]

BTW, the Dubai real estate crash was inevitable. It seemed like they were building overpriced apartments/houses for every rich person on the world. It seemed like Dubai was trying to become like Beverly Hills or Monaco but on a massively grander scale. The one thing that really shocked me about Dubai was how cheap they were in designing and constructing their buildings. Take the Dubai Marina for example and all of the hideous and monotonous skyscrapers there. And yet they expect foreigners to come to these places and to spend $5 million, $10 million, $20 million and more for an apartment there? My thinking is this- what does Dubai offer that places like Monaco, Paris, London, Switzerland, New York, Beverly Hills, Bermuda/Cayman Islands don't?