[prisoner6]

Mornin' RSO!

Black Friday may get a new definition today when US markets open

That's exactly what I was thinking.

prisoner6

[RSmithOpt]

I always thought that Dubai World's real estate investments were a bit overreaching in that when the global economic cycle bottoms (as it always does) the rich man's returns would be seriously affected because of the poor man's lack of work and goobermint instituted inflation.

Most of Dubai's commercial real estate, condos, etc., are close to 50% empty as I type.....that wasn't in the article either. Roughly 20% of all recent new commercial real estate builds is unfinished........Interesting. Also, after tracking the BAltic Dry Index as a general indicator for global goods transport....doubt revenues are anywhere close to 50% at the container ports too compared to the bubble from the recent artificial global credit orgy.

[RSmithOpt]

See my post #105.