Dubai’s Economy is melting like a Glacier in the Desert

Discussion in 'General' started by Cigal Shidaad, Jul 11, 2018.

  1. Cigal Shidaad

    Cigal Shidaad

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    https://moderndiplomacy.eu/2018/07/07/dubais-economy-is-melting-like-a-glacier-in-the-desert/

    :gaasdrink::samwelcome::ahh::banderas:
     
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  2. Somali Crusader

    Somali Crusader

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    It’s not going to fail but they are attempting to industrialize , something the Saudis are too hard headed to do
     
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  3. Cigal Shidaad

    Cigal Shidaad

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    Keyword. :dabcasar:
     
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  4. Somali Crusader

    Somali Crusader

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    And they seem to be setting the right building blocks for an industrialized nation. I know port management is one of those corner stones and they are top 3 port management in the world for some reason. They run ports from Turkey, the Middle East, and Africa. Of course they need to do a lot more than just run ports
     
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  5. jamal9

    jamal9

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  6. Somali Nationalist

    Somali Nationalist

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    Alhamdulillah, the western puppet regime is finally collapsing along with the sauds and sisi.
     
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  7. AussieHustler

    AussieHustler Staff Member Moderator

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    Dubai had two simple models:

    • Become an offshore Banking enclave. This attracted the proceeds of drug lords who laundered their money there to be built those futuristic towers. A clampdown via global pressure resulted in the slowdown of new investments and lengthy court cases.

    • Tourism. A couple of rape cases have incensed the tourists they intended to target and bring to Dubai, young professionals who were cashed up. Few rape (Westerners) victims were charged with zina when they couldn’t produce witnesses and thus, most of these tourists decided to spend their holidays elsewhere.

    The pyramid is crumbling.
     
    Last edited: Jul 12, 2018
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  8. MSGA

    MSGA Puntland Independence Movement

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    People are moving from uae as soon as they get the money to do so, they have raised their taxes so it makes it difficult for people to live.
     
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  9. Blade1

    Blade1 Abdi pleaser

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    Well lots of somalis are relocating to Turkey that I know of personally. And we are one of UAE biggest income business bringers
     
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  10. zeinap83

    zeinap83

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    UAE haa burburto :rejoice:
     
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  11. Disappointed

    Disappointed

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    :meleshame:May Allah help our Arab brothers.
     
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  12. GeKo

    GeKo

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    They have rich pampered spoiled kids who get money for free and get top positions for nothing. They'll never accept to work in the industries.

    The immigrants who would instead work there, take most of their money out of the country because they can easily be replaced and deported. So them saving instead of spending actually hurts the economy and stifles industrialization.

    You need a large native population willing to work for industrialization to be effective.
     
    Last edited: Jul 12, 2018
  13. AussieHustler

    AussieHustler Staff Member Moderator

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    Blade

    How are the adults coping with the language barriers? How could they start a business without it? Are schools free for the children? Can Somalis buy properties (home) in Turkey? Ask them.
     
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  14. Karim

    Karim Darodism works for everyone

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    They're definitely not our brothers.
     
  15. RasCanjero

    RasCanjero

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    They can industrialise however much they want but soon no one would want to work there.

    South Asia will get it's shit together and the cheap labor tap will slow down.

    Cadaans and Indoyar will find much better opportunities elsewhere as Emirates won't be able to afford the high rates they pay today.

    Most the rich families will realize this ahead of time and smuggle their cash out the country.

    Soon enough the place will fall down on itself and turn back into a desert.

    Register to view spoiler content!
     
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  16. Basra

    Basra Like Donald Trump, I like to be Spanked. VIP

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    "The financial structure is connected to its economic structure in the strangest manner, a phenomenon not found in many cities of the world. The phenomenon of “I OWE YOU and will pay you later”."


    Well....isnt AMERICA the same thing??? ALL the economic crushes historically are based on 'Credit" "overspend" and "Crush"????

    As a a MUSLIM country, dubai should be ashamed of themselves. Its like reer baadiye Bedouins trying to compete with the Roman white people! NO! Stick to your camels and tents, u belong there!
     
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  17. Prince Abubu

    Prince Abubu

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    Somalis and their neverending salt towards arabs.
     
  18. Prince Abubu

    Prince Abubu

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    The author clearly has a limited grasp of modern finance-based economics. "I owe you and will pay you later" is the bedrock of Western capitalism.
     
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  19. Basra

    Basra Like Donald Trump, I like to be Spanked. VIP

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    Yep "limited grasp" indeed!
     
  20. KULTA

    KULTA Fuck you im from Mudug

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    @AussieHustler I had this turkish chick on tinder and she told me somali students in her uni are bad at school. Whatever that supposed to mean. And she told me somalis look weird. I told her dhiladii ku dhashay was and blocked her.

    Memories
     
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