New Posts For Thread: this Dubai situationhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23718158/this-dubai-situationhow will it affect our markets? Any up to date intelligent posters around? ;)History makerFact is Dubais problem is a property problem. The thousands of investors that turned up in Dubai to buy property off of plan have had the rug pulled from beneath them. If you think amateurs were responsible for the UK property debacle thttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23718158/this-dubai-situation?post_id=425715746#425715746History makerFact is Dubais problem is a property problem. The thousands of investors that turned up in Dubai to buy property off of plan have had the rug pulled from beneath them. If you think amateurs were responsible for the UK property debacle tWed, 02 Dec 2009 04:13:01 -0600at 200bn dlrs, their gdp needs a 5% income tax increase - incidentally from zero pct - to resolve their problem with 5 yrs. would be different if they had the tax rates as in the uk, wher we already scraped all the barrels, but overthere? sorry i donhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23718158/this-dubai-situation?post_id=425715722#425715722at 200bn dlrs, their gdp needs a 5% income tax increase - incidentally from zero pct - to resolve their problem with 5 yrs. would be different if they had the tax rates as in the uk, wher we already scraped all the barrels, but overthere? sorry i donMon, 30 Nov 2009 12:47:19 -0600I think that's probably a fair post Lufcwaffe, barring the last sentence which is hyperbole (imo)https://community.betfair.com/tradefair__financials/go/thread/view/94198/23718158/this-dubai-situation?post_id=425715718#425715718I think that's probably a fair post Lufcwaffe, barring the last sentence which is hyperbole (imo)Mon, 30 Nov 2009 06:37:32 -0600FINE AS FROG HAIR 30 Nov 12:31 So the problem shoud not in the final anaysis unduly hurt the external creditors or further exacerbate the global financial crisis?Difficult to know. Abu Dhabi has an overwhelming interest in preserving the reputatiohttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23718158/this-dubai-situation?post_id=425715714#425715714FINE AS FROG HAIR 30 Nov 12:31 So the problem shoud not in the final anaysis unduly hurt the external creditors or further exacerbate the global financial crisis?Difficult to know. Abu Dhabi has an overwhelming interest in preserving the reputatioMon, 30 Nov 2009 06:34:46 -0600I guess the most relevant issue regards what is going on in the UAE, is that this will effectively mirror what we should expect within the Eurozone of the EU in years to come. The IMF have been the backstop when things have gone pear shaped in the pahttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23718158/this-dubai-situation?post_id=425715710#425715710I guess the most relevant issue regards what is going on in the UAE, is that this will effectively mirror what we should expect within the Eurozone of the EU in years to come. The IMF have been the backstop when things have gone pear shaped in the paMon, 30 Nov 2009 06:34:21 -0600So the problem shoud not in the final anaysis unduly hurt the external creditors or further exacerbate the global financial crisis?Internal restructuring of ruling families' power bases may occur, but who cares about this, except the family members ohttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23718158/this-dubai-situation?post_id=425715706#425715706So the problem shoud not in the final anaysis unduly hurt the external creditors or further exacerbate the global financial crisis?Internal restructuring of ruling families' power bases may occur, but who cares about this, except the family members oMon, 30 Nov 2009 05:31:49 -0600Here, have a glimpse at the real Dubai.http://www.independent.co.uk/opinion/commentators/johann-hari/the-dark-side-of-dubai-1664368.htmlhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23718158/this-dubai-situation?post_id=425715702#425715702Here, have a glimpse at the real Dubai.http://www.independent.co.uk/opinion/commentators/johann-hari/the-dark-side-of-dubai-1664368.htmlMon, 30 Nov 2009 05:25:01 -0600Interesting post.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23718158/this-dubai-situation?post_id=425715698#425715698Interesting post.Mon, 30 Nov 2009 04:49:45 -0600There seems to be a fair amount of misunderstanding about the UAE, and our relations to it re finance.1) The terms UAE, Abu Dhabi and Dubai are not interchangable. Abu Dhabi and Dubai are two of the seven emirates that make up the United Arab Emiratehttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23718158/this-dubai-situation?post_id=425715694#425715694There seems to be a fair amount of misunderstanding about the UAE, and our relations to it re finance.1) The terms UAE, Abu Dhabi and Dubai are not interchangable. Abu Dhabi and Dubai are two of the seven emirates that make up the United Arab EmirateMon, 30 Nov 2009 04:00:38 -0600I don't think it's the Sultan who's in financial trouble.He'll come out of all this with his billionaire status well intact I would expect.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23718158/this-dubai-situation?post_id=425715686#425715686I don't think it's the Sultan who's in financial trouble.He'll come out of all this with his billionaire status well intact I would expect.Sun, 29 Nov 2009 12:25:34 -0600