Comments on: Penthouse Gypsies Flock to Dubai http://whiskeyandgunpowder.com/penthouse-gypsies-flock-to-dubai/ Whiskey and Gunpowder features articles on gold, oil, currencies, emerging markets, energy, and more. Sun, 12 Feb 2012 15:22:51 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: The U.S. Expatriate Paradise of Nicaragua http://whiskeyandgunpowder.com/penthouse-gypsies-flock-to-dubai/comment-page-1/#comment-6447 The U.S. Expatriate Paradise of Nicaragua Fri, 09 Apr 2010 18:24:31 +0000 http://whiskeyandgunpowder.com/?p=5763#comment-6447 [...] fall, I introduced you to my first  “penthouse gypsy” friend. That’s someone who’s willing to go wherever his or her money is treated best. Increasingly, [...] [...] fall, I introduced you to my first  “penthouse gypsy” friend. That’s someone who’s willing to go wherever his or her money is treated best. Increasingly, [...]

]]> By: jeyeykei http://whiskeyandgunpowder.com/penthouse-gypsies-flock-to-dubai/comment-page-1/#comment-4178 jeyeykei Fri, 20 Nov 2009 08:03:44 +0000 http://whiskeyandgunpowder.com/?p=5763#comment-4178 dave is so right. further developments are no longer sustainable for dubai is heavily dependent on foreign invesment, not to mention the looming peak oil, dubai is oil drained. dave is so right. further developments are no longer sustainable for dubai is heavily dependent on foreign invesment, not to mention the looming peak oil, dubai is oil drained.

]]> By: Linda Brady Traynham http://whiskeyandgunpowder.com/penthouse-gypsies-flock-to-dubai/comment-page-1/#comment-4098 Linda Brady Traynham Mon, 16 Nov 2009 09:35:25 +0000 http://whiskeyandgunpowder.com/?p=5763#comment-4098 I'm with Dave: Ninevah might be an interesting place to visit, but I would not advise leaving any money there one did not spend on fleshpots. LBT I’m with Dave: Ninevah might be an interesting place to visit, but I would not advise leaving any money there one did not spend on fleshpots. LBT

]]> By: Penthouse Gypsies Flock to Dubai | Dubai for Visitors http://whiskeyandgunpowder.com/penthouse-gypsies-flock-to-dubai/comment-page-1/#comment-4078 Penthouse Gypsies Flock to Dubai | Dubai for Visitors Sat, 14 Nov 2009 03:18:47 +0000 http://whiskeyandgunpowder.com/?p=5763#comment-4078 [...] the original here: Penthouse Gypsies Flock to Dubai Share with others: These icons link to social bookmarking sites where readers can share and [...] [...] the original here: Penthouse Gypsies Flock to Dubai Share with others: These icons link to social bookmarking sites where readers can share and [...]

]]> By: Property in Dubai http://whiskeyandgunpowder.com/penthouse-gypsies-flock-to-dubai/comment-page-1/#comment-4073 Property in Dubai Fri, 13 Nov 2009 12:23:49 +0000 http://whiskeyandgunpowder.com/?p=5763#comment-4073 Buy properties in Dubai without a hassle and we have strived to do just that. We believe in making it simple for you to find the information that you want. Our team makes sure that we have all the information about Dubai properties and property in Dubai. Buy properties in Dubai without a hassle and we have strived to do just that. We believe in making it simple for you to find the information that you want. Our team makes sure that we have all the information about Dubai properties and property in Dubai.

]]> By: High stock market » Blog Archive » Penthouse Gypsies Flock to Dubai http://whiskeyandgunpowder.com/penthouse-gypsies-flock-to-dubai/comment-page-1/#comment-4070 High stock market » Blog Archive » Penthouse Gypsies Flock to Dubai Fri, 13 Nov 2009 06:06:07 +0000 http://whiskeyandgunpowder.com/?p=5763#comment-4070 [...] Penthouse Gypsies Flock to Dubai was originally featured on Whiskey and Gunpowder [...] [...] Penthouse Gypsies Flock to Dubai was originally featured on Whiskey and Gunpowder [...]

]]> By: Dave Hoagland http://whiskeyandgunpowder.com/penthouse-gypsies-flock-to-dubai/comment-page-1/#comment-4069 Dave Hoagland Fri, 13 Nov 2009 06:02:52 +0000 http://whiskeyandgunpowder.com/?p=5763#comment-4069 Sounds great, but haven't I heard a lot lately about the huge bust there? For instance: Obviously, Dubai government is paying for more PR using doctored photos, as they are nearly bankrupt, in hopes of resurrecting enough interest to borrow from international banks, the $12 billion due on their massive debt. Many of their projects have been suspended, including the Trump Tower in your lineup above. The freehold properties hyped in your photos are in freefall. Having lived in Dubai for 10 years, no one but a fool would buy a seat on the Titanic at this point, even if you could get the financing. All that glitters is not gold………. # Sweeping layoffs have hit. Many foreigners, counting on an endless boom, purchased homes and cars on huge amounts of credit. Debtors in Dubai can go to prison, according to the NY Times, and people are abandoning the country in droves, leaving their heavily financed cars in airport parking lots (again according to the Times). Sounds great, but haven’t I heard a lot lately about the huge bust there? For instance:

Obviously, Dubai government is paying for more PR using doctored photos, as they are nearly bankrupt, in hopes of resurrecting enough interest to borrow from international banks, the $12 billion due on their massive debt. Many of their projects have been suspended, including the Trump Tower in your lineup above. The freehold properties hyped in your photos are in freefall. Having lived in Dubai for 10 years, no one but a fool would buy a seat on the Titanic at this point, even if you could get the financing. All that glitters is not gold……….
#

Sweeping layoffs have hit. Many foreigners, counting on an endless boom, purchased homes and cars on huge amounts of credit. Debtors in Dubai can go to prison, according to the NY Times, and people are abandoning the country in droves, leaving their heavily financed cars in airport parking lots (again according to the Times).

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