From Thestar.com.my: The financial turmoil arising from the Dubai debt crisis is merely one of the visible signs that the excesses from the debt fuelled asset bubbles are continuing to surface.

Dubai World, incorporated only in 2006, managed to accumulate debts amounting to US$60bil as it went on a shopping spree. Some of the assets like Emirates Airlines and DP World (which controls over 50 ports worldwide) are quite attractive…………………………….Full Article: Source

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