Who would ever imagine Dubai is in debt by billions of dollars.
They were swimming in cash, spends fortunes on real estate
developments, hire someone else to do their chores while they
merrily frolick in the sun.
Their debt situation has repercussions in the world economy.
As if the economy is not bad enough.
Is the world economy really on the road to recovery?
Who knows the truth?
Everyone suffers, one way or another. This drives up the cost of living.
And who is looking out for the guys the the bottom of the totem pole?
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