Tag Archives: dubai

[RT Video] Keiser Issues Debt ‘Tsunami’ Alert on Dubai Crash

Posted on November 27, 2009 by stacyherbert| 178 Comments

Stacy Summary: Here is Max on Russia Today a few moments ago; and here is Zerohedge on NYSE invokes rule 48 in anticipation of extreme volatility.

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Posted in Max Keiser Video

Tagged dubai, keiser, tsunami alert

‘Free market’ speculators fear Abu Dhabi Dubai won’t bail them out 100 cents on dollar! Markets tumble!!

Posted on November 27, 2009 by stacyherbert| 70 Comments

Stacy Summary: As the Oracle predicted a year ago, Dubai will no longer exist as an independent state very soon. And Abu Dhabi is not going to bail them out, they are going to buy them. And, unlike in the US, UK, Ireland, etc., where bankers have Manchurian politicians to bail them out 100 cents on the dollar if markets retreat by even 5%, well, I doubt the royal family of Abu Dhabi is going to be handing out any of the $33 trillion in wealth to some dead beat bankers.

West fears fire sale of Dubai assets that will spread worldwide

Fears of double dip recession as Dubai crashes

And, here is the Oracle predicting today’s disaster:

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Posted in Headlines

Tagged abu dhabi, dubai

Dubai, Globesity and Gold

Posted on November 26, 2009 by stacyherbert| 23 Comments

Stacy Summary: The introduction of quarterly reporting in mid eighties prompted “food companies seek new ways to market to the public. Obesity was collateral damage.”?

The World’s Fattest Countries

Footballers and film stars caught out in Dubai crash

Gold and the Tide of History (Jesse)

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Posted in Headlines

Tagged dubai, footballers, gold, history, obesity

Big bank taxes, unhedged sovereign wealth and tumbling retail sales

Posted on September 14, 2009 by stacyherbert| 10 Comments

Stacy Summary: Good morning. What’s up in your neck of the global woods?

UK executive pay maintains double digit annual rate growth despite financial crisis

BIS recommends higher taxes for too big to fail banks

London retail sales tumble

Dubai’s wild unhedged speculative bets with its leveraged sovereign wealth makes emirates one of the more prominent Ponzis of global pyramid scheme

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Posted in Headlines

Tagged bis, dubai, london retail, taxes big banks, uk executive pay

Once the people realize their savings are gone, there will be revolution

Posted on May 15, 2009 by stacyherbert| 34 Comments

Stacy Summary: The billionaires are preparing while the ‘middle class’ still hold out hope, diving back into the housing and equity markets hoping for, praying for one last chance at the wheel of fortune. Once these desperate speculators realize that they all collectively bet on red by betting on asset price inflation as retirement plan . . . there will be unrest, according to South African billionaire, Johann Rupert. What do you think???

There will be blood warns billionaire Rupert

UK business calls on government to help recoup £400 million from Dubai

China’s yuan to usurp dollar as reserve currency

German economy shrank most in 40 years

Singapore’s sovereign wealth fund begins dumping its investments in submerging economies

Updates:

Former federal pensions chief faces criminal probe over role in awarding Goldman Sachs & JP Morgan billions to manage; coincided with disastrous (criminal) decision to move $50 billion under management from bonds into real estate & equities in May of 2008

California orders layoffs of thousands of state employees to cover $15.4 billion deficit

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Posted in Headlines

Tagged dubai, german economy, goldman sachs, johann rupert, jp morgan, pbgc, singapore, temasek, yuan

Headlines, Headlines, Headlines – 06 April 2009

Posted on April 6, 2009 by stacyherbert| 15 Comments

Stacy Summary: Warren Buffett joins a long line of rich and powerful American men who have benefited from the bailout funds that were handed out after the same men threatened the taxpayer with apocalypse. Speaking of apocalypse, check out the stories on Iceland and on global currency wars . . .