Nothing said bubble like the debt-fueled unnecessary opulence of Dubai.
While some may berate China or America for using cheap money to create too many factories or financial models, Dubai was blowing money in a far more visible and obviously wasteful fashion.
From man-made islands in the shape of Italy, to animatronic dinosaurs, and a billion-dollar pink castle, Dubai represents the extreme froth of the global financial bubble.
There was a dark side as well. The city was built on the back of extreme dictatorship, Asian slave labor, and Western nations turning a blind eye to even torture with cattle prods...
Why Dubai Was The Most Obvious Bubble Ever >>>
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See Also:
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