Saturday, September 12, 2009

The World is No More




Dubai, UAE and the world's uber-rich came up with this Stupid idea to build luxury living at its largest as only the rich middle east can do. Luxury from sand. But the market fell, the money fell through and people pulled back. The UAE has over $300 billion in development on hold. One of the lesser emirates, a poorer cousin UAE member had massive power outages. But the leader still has his bit of The World.

About a year ago I read that foreigners, read your friends who worked in "the middle east", were abandoning their cars, read luxury sedans and suvs, at the airport as they fled their new found home back to, every western region of the world. Leaving behind now unemployed nannies, and masses of now unemployed downsized foreigners with no better options.

So I welcome back my friends, to their taxable incomes, if they found jobs. And all that Canada has to offer including temperate weather, freedom to drink and all the municipal recycling they can handle.

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