simonprelude said:I was there last year, I stayed at the Burj Al Arab and it was as nice as the pictures.
The oil will run out, hence why they are investing so much in the leisure and tourism industy.
I will be staying at the underwater hotel when it opens.
Alittleboost said:Give them about 40 years.......then oil will run out.
Everything is so nice, but the weather isn't.
donwon said:Sorry, but it doesnt hold a candle to Macross city.
bodypainter said:Pardon my ignorance, but what's it like there for people who like their various vices?
liftshard said:Uh...the UAE is a joke. It's in the middle of the desert. The only reason people go there now is because their trips are subsidized by oil money. These structures are ALL aberrant. The real tourist cost would be 10x higher if the stuff wasn't basically built for FREE by petrocash. Autocracy-run development projects have ZERO capital cost nor profit expectation.
When UAE hits Peak Oil, they will start to encounter difficulties servicing debt, including the maintenance and depreciation costs of retarded desert ski slopes. They will have a bunch of tall, EMPTY buildings.
Think about it...an 800 meter tower. WHO is going to live there? There is no industry in Dubai, no markets, nothing. There's hardly any people. They are building towers for no purpose whatsoever. It is like Riyadh. You hear of nothing remotely akin to this in any other nation, because those nations are all past-Peak. So, there is no reason to have an upswing. Oil production cannot be raised in nations other than SA, UAE, and perhaps Iraq, so there's no reason for any foreign interests to come there, base operations there, to prospect and develop. There's no MORE stuff to mine than there was last year, and it's already owned by the people who were there already. No influx.
Dubai is going to be a dream for people who like to buy high apts in the desert just for the hell of it. I expect them to be giving that big building away in 10 years. Hell, I might buy it just to write my name on the side in big letters.
Meeyatch1 said:So...anyone have pictures of the ladies? :biggrin:
Pacemaker Kid89 said:Has Trump made anything there yet, is he planning to put "the worlds best..." there?