More money gone
Did you guys read the big news last Friday? More were elaborated today. I am referring to sub-prime ala middle-east flavour.
Dubai World, the flagship investment arm of Dubai with stakes in Nakheel, the company responsible for the construction of the palm-tree-like artificial residential islands (Palm Islands), is unable to pay off its debt worth USD60b.
Worse, it appears that Dubai seems to be saying I-am-sorry-thank-you-bye-bye, metaphorically speaking.

So, USD60,000,000,000 gone. Well, technically, not gone. Just that it has gone from pocket A to pocket B and pocket A is going to cry, get drunk and dump down buildings while pocket B will enjoy all the bliss.
Anyone who has got active thinking juice should ponder on a few things… If Dubai, said to be a damn-f*cking rich place can’t pay USD60b, what does that tell you? Do you think they are really rich? Everyone is saying that the economy has recovered and this, which has been kept under the carpet for a while creeps out, what does that tell you? Don’t you think there are a lot more shite hidden behind the multitude of good news reported in the press?
Of course, this will not affect the taste of your nasi-lemak, bak-kut-teh and char-kuey-teow so you can choose not to bother about it.
1 year ago… Generation condemnation
2 years ago… Yes, we do believe















