A Thanksgiving gift or another Trojan Horse?
While we ate, Dubai defaulted, now markets are melting
by Jimdotz
Excerpt:
DUBAI, United Arab Emirates - Just a year after the global downturn derailed Dubai's explosive growth, the city is now so swamped in debt that it's asking for a six-month reprieve on paying its bills — causing a drop on world markets Thursday and raising questions about Dubai's reputation as a magnet for international investment.
Read more at:
http://www.dailykos.com/storyonly/2009/11/27/808433/-While-we-ate,-Dubai-defaulted,-now-markets-are-melting
If memory serves me correctly, Halliburton Energy Service Groups, a close and friendly company to Ex. Vice Pres. Cheney, moved its headquarters to Dubai sometime last year. I wrote a post at the time and my contention was most of the corruption money of America was going into real estate building in both Dubai and Israel. Will Halliburton be in a position to manipulate bail-out monies from our Congress?
As always,
BB
by Jimdotz
Excerpt:
DUBAI, United Arab Emirates - Just a year after the global downturn derailed Dubai's explosive growth, the city is now so swamped in debt that it's asking for a six-month reprieve on paying its bills — causing a drop on world markets Thursday and raising questions about Dubai's reputation as a magnet for international investment.
Read more at:
http://www.dailykos.com/storyonly/2009/11/27/808433/-While-we-ate,-Dubai-defaulted,-now-markets-are-melting
If memory serves me correctly, Halliburton Energy Service Groups, a close and friendly company to Ex. Vice Pres. Cheney, moved its headquarters to Dubai sometime last year. I wrote a post at the time and my contention was most of the corruption money of America was going into real estate building in both Dubai and Israel. Will Halliburton be in a position to manipulate bail-out monies from our Congress?
As always,
BB