Categories

Login Status

You are not logged in.

Polls

Is Facebook overvalued at $40/share?

View Results

Loading ... Loading ...

Calendar

September 2017
M T W T F S S
« Oct    
 123
45678910
11121314151617
18192021222324
252627282930  

Moral Hazard of not helping Dubai

                There are deep underlining moral hazards for us if we do not help Dubai with its financial difficulties.  I’m not sure how the debt got so out of control or who participated on the ill fated funding strategies, but the cultural loss would be devastating.  Dubai is one of the most progressive Islamic nations in the world.  Dubai is not just tolerant of religious differences but also in the way they treat females.  The country pays high wages and no taxes leading to a healthy middle class.  They believe that no matter what personal differences you have, you can resolve the issue in peaceful means.  On top of all those reasons, we also need to understand how the decision to not help them would be interpreted throughout the Arabic world.

This content is restricted to site members. If you are an existing user, please login. New users may register below.

Existing Users Log In
 Remember Me  
New User Registration
*Required field

Comments are closed.