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Wednesday, December 2, 2009

Dubai's debt dilemma

Dubai's debt dilemma:

The Lehman Brothers of the Persian Gulf

Dubai assumes it's too big to fail. We'll see about that.
http://www.newsweek.com/id/224969?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+columnists%2FDanielGross+%28UPDATED+-+Newsweek+Columnist+-+Daniel+Gross%29

The Limits of Dubai
Kenneth Rogoff, Project Syndicate, December 1, 2009
Is this the end of the road for Dubai's epic growth? I doubt it.
http://www.project-syndicate.org/commentary/rogoff63/English

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