take a look at this craziness. if you do a lot of browsing you've probably come across some of these things, but putting it all together gives you an idea of the larger picture.
quote:
The Dubai government's decision to diversify from a trade-based but oil-reliant economy to one that is service- and tourism-oriented has made real estate and other developments more valuable, resulting in the property boom from 2004–2006. Construction on a large scale has turned Dubai into one of the fastest-growing cities in the world. http://en.wikipedia.org/wiki/Developments_in_Dubai
Dubai is said to currently have 15-25% of all the world's cranes.
The Dubai Waterfront will be the largest waterfront development in the world.
The Palm Islands in Dubai are the largest artificial islands in the world and can be seen from space.
The Burj al-Arab hotel, worlds tallest hotel and considered the only '7 star' hotel and the most luxurious hotel in the world.
Hydropolis, the world's first underwater hotel.
The Burj Dubai, at an estimated height of over 800 meters, it will easily be world's tallest building when finished. It will be almost 40% taller than the the current tallest building, the Taipei 101.
Feb-18-2008 23:54
Krypton
83.798 g/6.022x10^23
Registered: Nov 2003
Location: Texas
An Arab government not bent on Israel's destruction...WOW!
Dubai shows us that capitalism still is the best path to prosperity. Not war or socialism.
Feb-19-2008 01:17
Lebezniatnikov
Stupidity Annoys Me
Registered: Feb 2004
Location: DC
quote:
Originally posted by Krypton
Dubai shows us that oil kickbacks still are the best path to prosperity. Not war or socialism.
Fixed.
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Feb-19-2008 01:19
Zild
Ten City
Registered: Jun 2004
Location: San Antonio, US : TXTA #156
Yep that one needed a good fixing.
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I've never been able to eat a whole baby.
Kill the women. Eat the children.
It's just one of those days where you want to bend over everyone you know and kiss their ass goodbye with a big sideways boot.
Why would people wish to be a tourist somewhere if they can get arrested for having errant poppy seeds on their jacket when they arrive?
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Feb-19-2008 01:26
Krypton
83.798 g/6.022x10^23
Registered: Nov 2003
Location: Texas
quote:
Originally posted by Lebezniatnikov
Fixed.
They turned their oil wealth into capital investments. Iran has even more oil wealth and have yet to show for it to the degree which Dubai has.
Feb-19-2008 01:35
pkcRAISTLIN
arbiter's chief minion
Registered: Jul 2002
Location:
quote:
Originally posted by Krypton
They turned their oil wealth into capital investments. Iran has even more oil wealth and have yet to show for it to the degree which Dubai has.
sponsoring terrorism is expensive.
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Feb-19-2008 01:37
guerra-monstru
Suspended User
Registered: Jan 2008
Location: D.F., Mexico
quote:
Originally posted by Krypton
They turned their oil wealth into capital investments. Iran has even more oil wealth and have yet to show for it to the degree which Dubai has.
Iran also has 70million people and growing. Plus most western nations have an economic embargo on Iran due to American imperialism. So yeah stfu.
Feb-19-2008 12:59
Lebezniatnikov
Stupidity Annoys Me
Registered: Feb 2004
Location: DC
quote:
Originally posted by Krypton
They turned their oil wealth into capital investments. Iran has even more oil wealth and have yet to show for it to the degree which Dubai has.
This is a silly argument - Iran is twenty times the size of the UAE.
And oil wealth spurred 100% of that divestment. And capital investments have not been nearly so important as lax corporate laws that have attracted multinational real estate developers and import-export firms - 99% of the private sector labor force in Dubai are foreign nationals.
It also really helps that most of Iran's natural resources are re-exported through Dubai in order to remove the linkage between the West and the Iranian regime.
Yes, they've used their immense wealth to integrate themselves in the global economy more fully than Iran has. But in so doing, Dubai has lost any national character and has become a bland steel and glass resort community where foreign businessmen go to exploit opportune laws.
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Feb-19-2008 14:06
Krypton
83.798 g/6.022x10^23
Registered: Nov 2003
Location: Texas
quote:
Originally posted by pkcRAISTLIN
sponsoring terrorism is expensive.
Sure is.
quote:
Iran also has 70million people and growing. Plus most western nations have an economic embargo on Iran due to American imperialism. So yeah stfu.
WTF is your point? Thanks for proving my point..
quote:
This is a silly argument - Iran is twenty times the size of the UAE.
And oil wealth spurred 100% of that divestment. And capital investments have not been nearly so important as lax corporate laws that have attracted multinational real estate developers and import-export firms - 99% of the private sector labor force in Dubai are foreign nationals.
It also really helps that most of Iran's natural resources are re-exported through Dubai in order to remove the linkage between the West and the Iranian regime.
Yes, they've used their immense wealth to integrate themselves in the global economy more fully than Iran has. But in so doing, Dubai has lost any national character and has become a bland steel and glass resort community where foreign businessmen go to exploit opportune laws.
Exactly what I was saying. UAE has converted its capital assets and economy, namely energy, into a deregulated free market capitalist bonanza that few countries enjoy!! No wonder the capitalists flock en masse to Dubai.
Feb-20-2008 06:00
Lebezniatnikov
Stupidity Annoys Me
Registered: Feb 2004
Location: DC
quote:
Originally posted by Krypton
Sure is.
WTF is your point? Thanks for proving my point..
Exactly what I was saying. UAE has converted its capital assets and economy, namely energy, into a deregulated free market capitalist bonanza that few countries enjoy!! No wonder the capitalists flock en masse to Dubai.
You're missing the (multiple) point(s).
1. Iran is a much larger country - oil revenue doesn't go nearly so far.
2. Iran has unfortunate... political... difficulties in exporting.
3. The UAE has sucked up to the West enough to become a focal point for re-exporting goods from highly suspect origins.
4. The location of Dubai near the narrow part of the Persian Gulf has a lot more to do with their success than anything else.
5. Your "deregulated free market capitalist bonanza" has done little for the actual residents of the UAE, who remain unemployed and poor as foreign workers flock into the country to work on the cheap.
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Feb-20-2008 06:05
Q5echo
asymetrical scepticism
Registered: Feb 2004
Location: Dallas
quote:
Originally posted by guerra-monstru
Iran also has 70million people and growing. Plus most western nations have an economic embargo on Iran due to American imperialism. So yeah stfu.
YES!!!! more "Iran is just a victim" garbage... leftists. can't tell'em shit.
