Dubai

Meatpie

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I uploaded a video on youtube yesterday about how the economic crisis affects Dubai, and particularly construction sector.

As you know the tallest building in the was recently finished in Dubai...only to stay half empty!

Same happened with the Empire State Building, when it was finished, the Great Depression was raging in the United States and the then tallest skyscrpaer in the world stayed largely empty.

New Yorkers dubbed it "The Empty State Building".

There has been some insane construction in Dubai in recent years but the global economic meltdown has pushed the emirate to the brink, with a debt some say larger than $100,000,000.

Now watch the video if you want to see what Dubai is like today - largely deserted and construction cranes scrapped and rusting.

http://www.youtube.com/watch?v=RaK5X28TkPc
 
Dubai is a monument to excess and super massive incomprehensible wealth. A playground for the rulers of this world that 99% of the rest of us will never have access to. Ironic that it's in debt and rusting now. I wish I could say that I give a shit but I don't :)
 
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