Home > Fiscal Armageddon, Money As Debt > Doubts over Dubai

Doubts over Dubai

Latest reports indicate the central bank has stated it will support U.A.E banks but has pointedly refused to include Dubai in its magic circle of monetary protection.

So U.A.E. banks get magic carpet treatment, but Dubai may be left to die in the desert.

U.K. banks must be sweating in the heat.

Ha Ha Ha!

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