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  1. 2:57 – Perhaps YOU should do a little research before spouting your ignorance:

    http://archive.gulfnews.com/articles/07/11/21/10169138.html

    Citi official sees Dubai as global hub in 10 years

    Dubai has a good chance of being one of the four financial capitals of the world in 10 years, according to the chairman and CEO of Citi Global Wealth Management, Sallie Krawcheck.

    She named New York, London, possibly Dubai and a split race in the Far East between Singapore and Hong Kong, when asked at the Leaders in Dubai Business Forum 2007 to name what she thought would be the financial capital of the world in 2017.

    Factors

    Krawcheck told the audience that a number of factors meant the United States’ previous dominant role as the world’s leading economy was coming to an end due to changes in population demographics, free trade arrangements and the entrance of new players in the financial markets.

  2. actually there is a severe glut of condos on the market in dubai. do a little research before you spout nonsense.

    dubai will never be a place to live. it is a place for speculators only, thus not a stable market.

    comparing it to that of the u.s. economy is ignorant, at best.

  3. “hey, come to think about it,
    looking at the low unemployment numbers,
    the continued GDP growth, good earnings reports from US companies and
    the increase in consumer spending this past weekend as compared to last year…
    I don’t know what the freak I’m talking about, predicting a massive recession.
    the What?
    whatever,,
    someday I’ll find a better ending line and stop ripping off this line from Apocalypse Now.
    …ummmm, I love the smell of economic expansion in the morning..”

    You phail. Now go back to your cave.

    The What

    Someday this war is gonna end….

  4. hey, come to think about it,
    looking at the low unemployment numbers,
    the continued GDP growth, good earnings reports from US companies and
    the increase in consumer spending this past weekend as compared to last year…
    I don’t know what the freak I’m talking about, predicting a massive recession.
    the What?
    whatever,,
    someday I’ll find a better ending line and stop ripping off this line from Apocalypse Now.
    …ummmm, I love the smell of economic expansion in the morning..

  5. “Read this…

    …Liquidity and Credit Crunch in Financial Markets is Back to Summer Peaks, Only Much Worse and More Dangerous”

    This Roubini guy seems way over the top. Unfortunately, he’s usually spot on and thus has a lot of credibility.