The Dubai Debt Trap
economist.com
The Dubai Debt Trap
1–10 of 356 posts
Re: The Dubai Debt Trap
#2Re: The Dubai Debt Trap
#3Mirror: https://web.archive.org/web/20220218111600/https://www.econo...
Re: The Dubai Debt Trap
#4Mirror: https://web.archive.org/web/20220218111600/https://www.econo...
Thanks. Hoes does WBM get the page? Does the economist let it's crawlers through?
That said, with NoScript on I can just read the economist article, no banners or anything.
Re: The Dubai Debt Trap
#5Re: The Dubai Debt Trap
#6Re: The Dubai Debt Trap
#7That's not even going into their de facto slavery with foreign construction workers, environmental damage, and sexism.
Re: The Dubai Debt Trap
#8All I ever hear is horror stories about this place: environmental destruction, structural racism, serious abuse of human rights, culturally hyper conservative, corrupt legal system, plus it's absurdly hot. I can't believe anyone would voluntarily go there, seems like hell on earth.
What they do experience is earning lots of tax-free money, and a vibrant city life. Obviously those negatives are all present but less of a threat than one might think from the outside.
Perhaps that seems like too much of a risk to some people. But to others, who aren’t living in “heaven-on-earth” first world countries it’s an easy gamble to make.
(Culturally hyper-conservative is especially hilarious for anyone who has been to a Dubai brunch.)
Re: The Dubai Debt Trap
#9All I ever hear is horror stories about this place: environmental destruction, structural racism, serious abuse of human rights, culturally hyper conservative, corrupt legal system, plus it's absurdly hot. I can't believe anyone would voluntarily go there, seems like hell on earth.