lets see what happens....just some more tree shaking from my point of view..
Dubai world is owned by the Dubai Government.....Well who is the Dubai government...It is part of the UAE which happens to be a federation of 7 absolute monarchies.....it is not a democratic governement such as we have... This is a very important difference to understand....you can read about it here
Some facts about Dubai....I think we all know it's part of the UAE which only has 400000 citizens in total! You can't get citizen ship in the UAE unless you were born there of UAE citizens....
When you go to Dubai the only arabs you see working are at passport control....Once inside dubai all the workers from restaurants down to taxi drivers are foreigners......
This is a private family coorporation who have immense wealth..and they jealously protect it...there is no way Dubai World will default!!!
MEO Price at posting:
40.5¢ Sentiment: Hold Disclosure: Held
