I just want to address one of many unjust happenings that are going on around this fall out
think that we have to look at what is actually happened/happening
Dubai has debts that it can not pay back!!! full stop..
Here are some definitions of bankruptcy i think they are appropriate. Ever tho Dubai has NO BANKRUPTCY LAWS. Its simple if you can pay your debt you go to PRISON!!!
Definition A
Law A debtor that, upon voluntary petition or one invoked by the debtor's creditors, is judged legally insolvent. The debtor's remaining property is then administered for the creditors or is distributed among them.
Definition B
Financially ruined; impoverished.
and my favorite Definition C
Being in a ruined state: a bankrupt foreign policy.
They have spent money like a teenager that has just won lotto and now we can see that it was unwise. I can only feel empathy for the poor workers/slaves they have built this ghost city in the sand
I just want to address one of many unjust happenings that are going on around this fall out
think that we have to look at what is actually happened/happening
Dubai has debts that it can not pay back!!! full stop..
Here are some definitions of bankruptcy i think they are appropriate. Ever tho Dubai has NO BANKRUPTCY LAWS. Its simple if you can pay your debt you go to PRISON!!!
Definition A
Law A debtor that, upon voluntary petition or one invoked by the debtor's creditors, is judged legally insolvent. The debtor's remaining property is then administered for the creditors or is distributed among them.
Definition B
Financially ruined; impoverished.
and my favorite Definition C
Being in a ruined state: a bankrupt foreign policy.
They have spent money like a teenager that has just won lotto and now we can see that it was unwise. I can only feel empathy for the poor workers/slaves they have built this ghost city in the sand