Monday, November 03, 2008

Assorted Links

posted by John B. Chilton at 11/03/2008 04:10:00 AM

3 Comments:

Anonymous Anonymous said...

Regarding the UAE safe place of harbor & simplistic bubble.

While the writer does make a good point with slower growth is better and the ridiculous returns on real estate is ending, I can't help but think this is more of the same old "if you write it, they will believe it" garbage.

From what I see, there is way too much of herd mentality here and it only takes a few people to lead the herd.

The two key factors drove this place to point was high oil and cheap money. Now, oil has come down over 50% in about 4-5 months (and likely to come down further as the recession in many lands takes hold), and cheap money is a thing of the past. Key stimulus for the growth is no longer there which will lead to contraction.

years from now, looking back I think we will see this time in the region as being a set back, but people should not underestimate the possible/probable downturn in this region. There is still a lot of issues that should have been corrected (or at least put on the path of correction) during the upturn that needs to happen.

1:34 PM  
Anonymous Anonymous said...

One more thing. I just recently found this site and look forward to reading it more often, but a question.

Do you normally comment on the local news or is your silence on the article I mention just something you choose not to comment on?

1:37 PM  
Anonymous buy viagra without prescription said...

why they have to do something like to a 13 years old kid. I think that kids don't desever to die even if they commit a huge crime.

7:26 PM  

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