5 ms·

I recall that quote. Sadly, while prescient that quote is - he still is (has?) done nothing to mitigate its reality?

mancerayder 6y ago
Dubai, as far as I've heard, has no oil left. It's tourism, finance and other industries unrelated. So in that sense haven't they?
- jdhawk 6y ago
  and shipping, so much shipping
- prepend 6y ago
  Seems like Dubai has 4 billion barrels of reserves [0]. Not as much as they once did and much less than Abu Dhabi. But still quite a few years worth of oil left. [0] https://en.wikipedia.org/wiki/Oil_reserves_in_the_United_Arab_Emirates https://en.wikipedia.org/wiki/Oil_reserves_in_the_United_Ara...
  - ArkVark 6y ago
    For the UAE overall crude oil makes up 28% of exports: https://en.wikipedia.org/wiki/Economy_of_the_United_Arab_Emirates#/media/File:United_Arab_Emirates_Exports_Treemap_2017.svg https://en.wikipedia.org/wiki/Economy_of_the_United_Arab_Emi... and Refined petroleum 15% If you want to see an Arab country that has run out of oil, look at Yemen.
    - prepend 6y ago
      My understanding is that Yemen has lots of reserves at 8 billion barrels [0] but never really produced or imported. So aren’t they a better example of never oil rather than once had oil? [0] https://en.wikipedia.org/wiki/Economy_of_Yemen https://en.wikipedia.org/wiki/Economy_of_Yemen
grayfaced 6y ago
Well he died in 1990, so probably not much he can do. And it's safe to say it's not reality since he has many grandchildren in their 30s. Quotes like this seem to be more of a warning then predictive, and Dubai seems to be trying to diversify. Meanwhile Eisenhower's warning on the military industrial complex has been ignored and seems to be coming true.
- a3n 6y ago
  > to be coming true. To be coming true? The production of military systems, like fighters and ships, has been spread across the states and counties for decades, to the point that Congress will stuff an unwanted system down the Pentagon's throat to ensure re-election in defense intense districts. And be up front about the reason why!

Dubai, as far as I've heard, has no oil left. It's tourism, finance and other industries unrelated. So in that sense haven't they?

jdhawk 6y ago
and shipping, so much shipping
prepend 6y ago
Seems like Dubai has 4 billion barrels of reserves [0]. Not as much as they once did and much less than Abu Dhabi. But still quite a few years worth of oil left. [0] https://en.wikipedia.org/wiki/Oil_reserves_in_the_United_Arab_Emirates https://en.wikipedia.org/wiki/Oil_reserves_in_the_United_Ara...
- ArkVark 6y ago
  For the UAE overall crude oil makes up 28% of exports: https://en.wikipedia.org/wiki/Economy_of_the_United_Arab_Emirates#/media/File:United_Arab_Emirates_Exports_Treemap_2017.svg https://en.wikipedia.org/wiki/Economy_of_the_United_Arab_Emi... and Refined petroleum 15% If you want to see an Arab country that has run out of oil, look at Yemen.
  - prepend 6y ago
    My understanding is that Yemen has lots of reserves at 8 billion barrels [0] but never really produced or imported. So aren’t they a better example of never oil rather than once had oil? [0] https://en.wikipedia.org/wiki/Economy_of_Yemen https://en.wikipedia.org/wiki/Economy_of_Yemen

grayfaced 6y ago

Well he died in 1990, so probably not much he can do. And it's safe to say it's not reality since he has many grandchildren in their 30s. Quotes like this seem to be more of a warning then predictive, and Dubai seems to be trying to diversify. Meanwhile Eisenhower's warning on the military industrial complex has been ignored and seems to be coming true.

a3n 6y ago
> to be coming true. To be coming true? The production of military systems, like fighters and ships, has been spread across the states and counties for decades, to the point that Congress will stuff an unwanted system down the Pentagon's throat to ensure re-election in defense intense districts. And be up front about the reason why!