Dubai stocks in bear market?

When CNBC did a special on Dubai, you know the writing is on the wall...

http://www.bloomberg.com/apps/news?pid=20601213&sid=a2uEmclucDuk&refer=home

 

Most money in Dubai comes from oil profits.
As oil prices plunge, so does Dubai.

 

Without U.S. they'd be shoveling camel dung and slitting each others throats fighting over the boys.

Goes for the whole stinking lot of them

 

You must be dreaming, their cost of production is 2 cents a barrel.