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Dubai in debt shock

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Uploaded by on Dec 3, 2009

On Wednesday, the Emirate of Dubai asked for a moratorium of six months on billions of dollars of debt issued by key conglomerate Dubai World, spooking investors. What does the news mean for Dubai and for the world economy?

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  • Karma slaps back this is what you get for overspending and relying too much on foreign input into this country.

  • La tercera es la vencida! Fuck Dubai and its capitalist mafia. Thats what you get for exploiting your workers!

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All Comments (13)

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  • @PERIZ99 i must agree with you on this manner . they're fucked

  • FUCKING KARMA WIN!!!!

    its what you get for cheating workers for more than 30 years !!!!!

  • @cerritoboy LOL...!!! Go ahead and cry me a fucking river...As you go bankrupt..!!! :D

  • @PERIZ99

    LOL! Let´s not talk about shitholes when you´re coming from a small landlock nations that has no culture, no coast, and banks where the Sheiks of Dubai have their money invested. Switzerland FUCK YOU!

  • @cerritoboy dubai promises indian and srilankan workers good pay packages but they are given one tenth of what they are promised; due to such less salary structure, they have to live in inhumane, unhygienic conditions; they take the passports of these workers so they can't say anything or go absconding; and on top of that they get racially abused by the locals who dont realize how much they owe to those workers......as you said it , dubai is terrible

  • after living there for almost five years, i wouldn't recommend anyone holiday in dubai, they really are a bunch of animals in this country.. rape is incredibly high but not reported. It is the dirtiest place i've ever seen, they make it look good on TV but mostly it's grey and ugly. they treat their indian workers like animals, their living conditions are some of the worst i've ever seen. If you have one moral bone in your body, don't holiday invest or promote dubai.

  • the lenders that financed dubai were told the country had oil assets .they found out the lie during the downturn.

  • @kitycalifornia LOL!!! This particular truth hurts deeply, doesn't it Bozo...!!! LOL... :D !!

  • Fuck You Swedish Rat.... fuck your mediocre uneventful country...

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