Dubai's debt is a british disease

Max Keiser talks to Stacy Herbert about Dubai's debt and the british real estate disease
recorded on November 28th 2009

Category:

News & Politics

Tags:

• Dubai
• debt
• bankruptcy
• world
• dubai
• gordon
• brown
• emirates
• Burj
• UAE
• persian
• gulf
• palm
• the
• artificial
• island
• sea
• max
• keiser
• kaiser
• real
• estate
• speculation
• bankrupt
• bailout
• bullion
• silver
• gold
• ratio
• peter
• schiff
• bob
• chapman
• jim
• rogers
• cramer
• don
• harrold
• gerald
• celente
• marc
• faber
• uk
• england
• british
• britain
• Prince
• Charles
• William
• Harry
• Nicholas
• Witchell
• BBC
• Royal
• family
• housing
• bubble
• rbs
• hsbc
• sheikh
• mohammed
• emir
• arab

[MengersDisciple]

No mention of China buying up the debt on the cheap and getting rid of their dollar holdings for some special guarantees...

[uturniaphobic]

Give Dubai to China, usurp the inevitable

Give Ben Bernanke to China too

Usually if the dollar index rises that means a foreign entity is about to receive payment. Robbed and manipulated.

[steviebkhall]

@MengersDisciple  Hey ! let's just start removing "0"'s ! What a wonderful world it would be !

[engnr1]

Great video - but it's not only the British. Dubai is the single biggest investment location for Iranians.

[justaoldslave]

Thanks Stacy and Max, Id bet that the executives of Dubai World get hundreds of millions in bonuses. They have learned well from Wall Street. I wish I could be the chief architect of a big Bull Shit bubble. Ill have to sharpen my sales skills.

[iwasthatdolphin]

...'hand in glove' or 'cap in hand' ?!! - from Scotland

[EnhydraLutris1]

nothing more entertaining than watching the bankrupt limeys in dubai trying to survive.

allah praises the maktoum brothers for reverse-scamming the british financiers, thereby being the first non-western persons to perpetuate a global scam of this magnitude.

you limeys should have read between the lines when the maktoums became the world's largest horse racing interests, the means by which they built their credibility and network of rich investors.

your fate is well deserved.

[Sun4Niebieskieoczy]

You guys should get a radio or better even a tv spot, you'll be great, you would break down the monotony of that medium which is going away with the sunset

[KhmerD0g]

now u will suffer and die in your greed and stupidity. north sea oil is all burned, City is winding down to become a ghost town, house asset is deflating and people are foreclosing it, unemployment is skyrocketing, etc...

payback time brit bitch. you used to conquer the world now it's coming back to bite u. foreigners are coming to UK with their cultures to display UK white culture. hahahaa.

[Djelomou]

great show!!!