{"id":55536,"date":"2009-11-30T09:50:00","date_gmt":"2009-11-30T14:50:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/why-dubai-was-obviously-a-bubble-2009-11"},"modified":"2009-11-30T09:50:00","modified_gmt":"2009-11-30T14:50:00","slug":"why-dubai-was-the-most-obvious-bubble-ever","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/55536","title":{"rendered":"Why Dubai Was The Most Obvious Bubble Ever"},"content":{"rendered":"<p><a href=\"http:\/\/www.businessinsider.com\/why-dubai-was-obviously-a-bubble-2009-11\/they-used-a-spare-helipad-for-tennis-1\"><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b10d98d0000000000571a63&amp;maxX=328&amp;maxY=246\" border=\"0\" alt=\"Ski Dubai\" width=\"328\" height=\"246\" \/><\/a><\/p>\n<div style=\"float: left; padding: 15px 15px 15px 0;\">\n<script src=\"http:\/\/d.yimg.com\/ds\/badge2.js\" type=\"text\/javascript\">\/\/ <![CDATA[\nhttp:\/\/www.businessinsider.com\/why-dubai-was-obviously-a-bubble-2009-11\n\/\/ ]]><\/script>\n<\/div>\n<p>Nothing said bubble like the debt-fueled unnecessary opulence of Dubai.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<p>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&#8230;<\/p>\n<h1><a href=\"http:\/\/www.businessinsider.com\/why-dubai-was-obviously-a-bubble-2009-11\/they-used-a-spare-helipad-for-tennis-1\">Why Dubai Was The Most Obvious Bubble Ever &gt;&gt;&gt;<\/a><\/h1>\n<p><a href=\"http:\/\/www.businessinsider.com\/why-dubai-was-obviously-a-bubble-2009-11#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/mobius-even-if-were-in-a-bull-market-well-get-a-20-correction-2009-11\">Mobius: Even If We&#8217;re In A Bull Market, Dubai Could Spark A 20% Correction<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/jpmorgan-stop-freaking-out-2009-11\">JP Morgan: Stop Freaking Out, The UAE Can Easily Save Dubai<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/ten-places-to-go-if-world-goes-to-crap-2009-10\">12 Places To Go If The World Goes To Hell<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/VSiZndfEw6k\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-55536","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/55536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=55536"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/55536\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=55536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=55536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=55536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}