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As Dubai crashes from wonder to blunder, who will go down with it?

Posted on 30 November 2009

From Guardian: Dubai’s story of hotels and hubris in the desert sands is well rehearsed, but where will the narrative end?
A relatively happy conclusion would be for the damage to be localised and containable, for Abu Dhabi or the International Monetary Fund to step in as backer, and for world markets to regain a measure of calm. An unhappy denouement hardly bears thinking about…………………………..Full Article: Source

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