Thursday, February 05, 2009

The dust clouds roll...

You had to know that when Halliburton moved to Dubai the place would go to the dogs:

Now, faced with crippling debts as a result of their high living and Dubai’s fading fortunes, many expatriates are abandoning their cars at the airport and fleeing home rather than risk jail for defaulting on loans.

Police have found more than 3,000 cars outside Dubai’s international airport in recent months. Most of the cars – four-wheel drives, saloons and “a few” Mercedes – had keys left in the ignition.

They've built man-made islands full of condo, hotels, etc. Probably some good deals on real estate as well as on cars, now. All they need is for Cheney to move there for the whole place to blow away.
(h/t Calculated Risk)

: Oops, forgot the link to the article, inserted also above.


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