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Just wait till the world gets tired of hydro carbons and the “rich” middle eastern countries can go back to being poor like everyone else. They aren’t hedging
by whb07 7y ago
Just wait till the world gets tired of hydro carbons and the “rich” middle eastern countries can go back to being poor like everyone else.
They aren’t hedging their bets by learning how to work and create things. This will come back to bite them.
But in the mean time, let’s keep snow skiing in the mall with all this foreign money.
- rjsw 7y agoDubai was just an example of somewhere with indoor skiing, there are other places aroung Europe and one in the US.
- jakub_g 7y agoDubai has been investing heavily in tourism and business (0% tax, and being pretty liberal for a islamic country) for years.
- Terretta 7y ago> being pretty liberal for an islamic country For some unpredictable value of “pretty liberal” perhaps? For instance, sex out of wedlock or cohabitation are illegal, including for tourists. ”If you holiday in the emirate unmarried and you come to the attention of the authorities ... if it’s then discovered you’re sharing a room and a bed you can be jailed and then deported.”