Stacy Summary: Sounds like he is having an emotional breakdown, speaking in fortune cookie language. He clearly is having a hard time coming to grips with having to hand over the keys to his kingdom to Sheikh Khalifa. (p.s. – I believe this site is already blocked in Dubai; if not, however, I’m sure it will be now)
Sheikh Mohammed bin Rashid al-Maktoum, the ruler of Dubai, today criticised international investors’ reaction to the Emirate’s debt crisis, claiming: “They do not understand anything”.
The defiant ruler, whose Government yesterday washed its hands of Dubai World, the state-owned conglomerate that owes $59 billion (£35.8 billion), said also: “We are strong and persistent”.
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Perhaps the fig juice has fermented leaving a bad taste to the long range vision of the original dream.
Of course Abu Dhabi will bail Dubai out, they are related through Sheikh Zayed Al Nayan. Sheikh Zayed made sure that he married into the Maktoum family to keep the bonds together.
The Al Nayan family (rulers of Al Ain) took over Abu Dhabi (city) backed by the POMs from the Al Hamed family who still rule the Western region where all the oil is. IMO in the end they will all rally together and save Dubai.
I like that these filthy rich Bedoins who just happened to one day discover they were pupping tents over oil gushers, have asked Rothschild to advise them on the ‘restructuring’ of their debt, whatever that means. I’m probably way out in left field but are these the same Rothschilds I think they are? Kind of like brother Clarence asking Richard the 111 to free him from prison isn’t it?
“Go tread the path that thou shall’t ne’er return
Simple,plain Clarence, I do love thee so
That I will shortly send thy soul to Heaven
If Heaven will take the favor from my hands”
As we speak the Sheik is in the desert with his birds of prey. He has always understood persistance and strength. Unfortunately for his eminence he has never been under the claws of merciless creditors. Weakness and meekness may not be in his vocabulary , but they shall soon become part of his spoiled and pampered life.
@Depression Alert …. huge world wide Ponzi scheme , that is being touted as a working economic system
Nicely put !
@Phil
Your right that Newstopia reserve bank skit is a thing of beauty, as is this huge world wide Ponzi scheme , that is being touted as a working economic system.
@Gordo …Yeah … a sort of Grayson event .. but comedy.
@Phil – NewsTopia
If only it were that easy to get them to kill themselves.
Funny stuff!
It’s interesting that the UAE is arming themselves so heavily:
http://www.global-military.com/u-s-arms-exports-in-2009-reached-38-1-billion-u-s-dollars.html
I think all the Leaders are a little Nervous Including these Kings & Emirs the General Public are getting restless at the Incompetance of these idiots . Some one telling me When I was in Doha that you cannot say anything Negative about the Ruling family LOL that was an Instruction By the hotel manager and the Cab driver.
They truly live in a Dream World These Emirs and all
When People relize that they just like us and there is nothing Royal about em thats the day they gonna get Flushed
Stacy Need New Jibber Jabber Each Day
In addition the the Golden one [when necessary], we need a Shit HitsThe Fan Jibber Jabber because there is so much stuff happening each day.
Just post your links inside this thread to save you the time of creating a new thread unless it is a special item that you want to isolate.
Bet that if this stuff keeps coming at this rate that gold will be $1,500 by year end.
Ha-ha-ha-ha. Bet Max is in 7th heaven, he deserves it has his hard thinking is now paying off in spades.
Newstopia explains the Reserve Bank
LOL …. beautiful … MUST WATCH !
http://www.youtube.com/watch?v=NIfH0vY2ANA
@Palantíri – yes, the emir of Abu Dhabi will not help him out unless Abu Dhabi gets Emirates Airlines and The Palm; he also wants Dubai to make further concessions to them; Cash is King in a Deflation and Abu Dhabi has the cash, and so they also have lots of needy friends in the Western banking crime syndicates to help
@stacyherbert – thanks, that also explains why the ruler of Dubai is so pissed!
Other reason might be the close Iran-Dubai relations and Iran’s proxy front end trade companies.
Here is a good article:
http://alethonews.blogspot.com/2009/11/geopolitics-of-dubai-debt-crisis-its.html
By the way the stress seems to be eased in Greek Stock market for now. But it shows how nervous the investors are.
@Bill Stewart – I know where AJE is! We made 10 films for them; I was talking about Dubai, across the Gulf from them; someone from Dubai told me that our site was blocked there; mind you, when we were there two years ago, we had no problem connecting
@Palantíri … Why do stocks in RBS and Barclays rise now as the Dubai debt is exposed in its full?
Insiders are selling into strength ( their own painting the tape ) before J6P’ers get raped.
@Sheikh Mohammed bin Rashid al-Maktoum, the ruler of Dubai, today criticised international investors’ reaction to the Emirate’s debt crisis, claiming: “They do not understand anything”.
I could be rude and say …”What else would you expect from a ….. ” ; but will leave that to your imagination.
Since this DW was started, I have always wondered whether it would inspire an Islamic Revolution in the area … such flaunting of wealth – in your face – at the expense of the poor will hopefully get it’s just deserves.
Note:
http://en.wikipedia.org/wiki/Al_Jazeera_English
Is in Qatar.
And there are some UK SW Relay stations on :
OMA Masirah OMA 20 36 N 058 53 E (defunct)
SEB Seeb OMA 23 40 N 058 13 E (limited use)
SLA A’Seela OMA 21 58 N 059 27 E (current)
However, I don’t know how this might or would help explaining any web censorship in the region…
@ P
Why do stocks in RBS and Barclays rise now as the Dubai debt is exposed in its full
I think Wall street is betting another Bailout
RODFL PMSL this time one of these Banksters are gonna get Killed
@Palantíri – because Abu Dhabi says they are going to bailout the foreign banks on their loans; they are not, however, going to bailout Dubai or Dubai World
Why do stocks in RBS and Barclays rise now as the Dubai debt is exposed in its full? These banks that are heavily invested in the Dubai project. What is the logic behind it?
Is this a punishment of planning to sell oil currencies other than USD?
LOL emm errr they trying to sweep the sand under the carpet . The Emir is saying “Wheres the Sand ?”
RODFL PMSL
Man Some weird ass movies on HBO Looks like Hollywood is also Broke no good movies. ;_)
Always remember Alex Jones had Lin-see williams on, he said the “Masters” were going to bankurpt the Aribs.
Mike