To: Orange1998
The US Taxpayer has poured $8 billion into this craphole via Citibank. I’m certain the unpaid US contractors will demand the Gov’t make them whole.
8 posted on
11/27/2009 7:14:42 PM PST by
Boiling Pots
(Barack Obama: The Final Turd George W. Bush laid on America)
To: Boiling Pots
You will love this..
LONDON: The United Arab Emirate (UAE) has total debt amounting to $184 billion at the end of 2009, according to estimates by Bank of Dubai America-Merrill Lynch, which said the region faces a heavy redemption schedule until 2013. Dubai's shock announcement this week that it is seeking to suspend payments on debt of its state-owned conglomerate Dubai World and property subsidiary Nakheel has roiled global markets, raising fears that the emirate which funded a spectacular building boom on a mountain of debt could default.
44 posted on
11/27/2009 8:42:02 PM PST by
cmsgop
(Another proud graduate of the Larry Storch school of posting)
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