Tag Archives : debt shock

Dubai financial crash: the look of things to come? (Dubai, you are not alone.)

Dubai financial crash: the look of things to come? (Dubai, you are not alone.)

Debt and the institutional accumulation of it are wracking the world. Dubai’s case might just be a harbinger of a series of blowups that is soon to follow. Fact is, there are similar financial trouble spots across the globe right now. The ‘one-time wonderland in the desert’ that is now struggling to pay its bills, is not a lone and isolated case. [...]