{"id":59304,"date":"2009-12-02T07:41:00","date_gmt":"2009-12-02T12:41:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/dubai-sheikh-calls-international-investors-a-suckers-2009-12"},"modified":"2009-12-02T07:41:00","modified_gmt":"2009-12-02T12:41:00","slug":"dubai-sheikh-calls-international-investors-a-bunch-of-suckers","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/59304","title":{"rendered":"Dubai Sheikh Calls International Investors A Bunch Of Suckers"},"content":{"rendered":"<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b16604d0000000000829caa\" border=\"0\" alt=\"dubai sheikh\" \/><\/p>\n<p>You have to give Sheikh Mohammad Al-Maktoum credit. After borrowing massively from the rest of the world, and then blowing all that cash on ridiculous investments, he&#8217;s not afraid to tell the international investing community the truth about how dumb they were.<\/p>\n<p class=\"font-null\" style=\"padding-left: 30px;\"><a href=\"http:\/\/www.independent.co.uk\/news\/business\/news\/sheikh-attacks-investors-for-global-fallout-of-dubai-debt-1832186.html\">The Independent<\/a>: The ruler of Dubai hit out at international investors yesterday as his government&#8217;s impecunious investment vehicle revealed plans to restructure $26bn of its debts. Sheikh Mohammed al-Maktoum said: &#8220;<span style=\"color: #ff0000;\"><strong>They do not understand anything<\/strong><\/span>.&#8221;<\/p>\n<p class=\"font-null\">Basically, everyone was a bunch of suckers.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/dubai-sheikh-calls-international-investors-a-suckers-2009-12#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\/jim-rogers-is-amazed-everyone-didnt-know-there-was-a-bubble-in-dubai-2009-12\">Jim Rogers Is Amazed Everyone Didn&#8217;t Know There Was A Bubble In Dubai<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/dubai-may-repair-the-market-havoc-sown-by-the-us-and-european-bailouts-2009-12\">Dubai Teaches Us How Capitalism Works<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/marc-faber-dubai-was-just-the-tip-of-the-iceberg-2009-12\">Marc Faber: Dubai Was Just The Tip of The Sovereign Default Iceberg<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/W3tCaXW67E8\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>You have to give Sheikh Mohammad Al-Maktoum credit. After borrowing massively from the rest of the world, and then blowing all that cash on ridiculous investments, he&#8217;s not afraid to tell the international investing community the truth about how dumb they were. The Independent: The ruler of Dubai hit out at international investors yesterday as [&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-59304","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/59304","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=59304"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/59304\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=59304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=59304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=59304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}