I am coming to believe that Dubai will be saved by FED. Western Govt/Media thinks Dubai represents Modernity in Middle East which can help Iraq and other countries to bring Liberal changes there against Islam. So I think Dubai will be saved even if their liabilities may be much greater than their western assets.
Any one have an opinion. If Dubai will escape - How do we play this financially?
If Dubai faults, I think they may not be able to hold their US Dollar peg.
I have added a Poll with the following options
(1) Dubai will be bailed out by FED
(2) Dubai will be bailed out by EU
(3) Dubai will be bailed out by Abu Dhabi
(4) Dubai will default on it's debts thereby forever frightening foreign capital.
(5) None of the above. This was all a drama
Any one have an opinion. If Dubai will escape - How do we play this financially?
If Dubai faults, I think they may not be able to hold their US Dollar peg.
I have added a Poll with the following options
(1) Dubai will be bailed out by FED
(2) Dubai will be bailed out by EU
(3) Dubai will be bailed out by Abu Dhabi
(4) Dubai will default on it's debts thereby forever frightening foreign capital.
(5) None of the above. This was all a drama
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