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Post Info TOPIC: and if ya think the recession is horrible here....


Guru

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RE: and if ya think the recession is horrible here....
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Nightowlhoot3 wrote:

Well, darn!
I was all packed and rtg live on that AIR CONDITIONED BEACH.

Are you telling me I may have endure "heated by the sun" sand for the rest of my life, now?!?!

OK -- who's our new delegate to the UN again?!?!

JUSTICE!!!! I DEMAND JUSTICE!!!!!!!

lol.  ok so it doesnt sound like such a harsh punishment from here but ill bet that it is. The UAE isnt known for its civil liberties. I know someone who worked there who came to the us from dubai by way of pakistan. his take on the area is that most of the workers are foriegn and ,many are virtual slaves. native folks are supported by the govt, given homes and cars and according to him the women are not allowed to work instead they shop.  The foriegn workers go with promises of employment in the form of multi year contracts which in many cases are nothing more than human trafficing with rules and govt sponsorship. its not necessarily sexual trafficing but people owe money to the employer who brings them that has to be paid off in equity and those employers do not have to give them a return ticket till the contact is over and they may fire them before the contract expires for any reason. but the govt favors those who are native born so any labor dispute is settled in favor of the native rather than the immigrant worker who is prohibited from working in the same field for a number of months. But the scary part of that article for me was that they are throwing those who lose their jobs, who are prohibited from getting new ones in the same field, in prison for being unable to pay their debts. i think for the most part they follow shari'a law which has a complicated debt ideology. then there is the shari'a laws lovely habit of stoning people for dressing in a manor which doesnt fit their gender or for fornication or adultery and then there is the beheading of queer folk. im thinking the sunburn or hot feet aspect might be the least of their worries!




 



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Guru

Status: Offline
Posts: 1307
Date:
Permalink   

Well, darn!
I was all packed and rtg live on that AIR CONDITIONED BEACH.

Are you telling me I may have endure "heated by the sun" sand for the rest of my life, now?!?!

OK -- who's our new delegate to the UN again?!?!

JUSTICE!!!! I DEMAND JUSTICE!!!!!!!



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Anonymous

Date:
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Psych Lit wrote:

Livin' la vida expat in Dubai isn't as snazzy as it used to be

nyt_dxb-%5Bgadling%5D.pngForget New York City - the world capital of spend, spend, spend has long been Dubai. This is literally where the sky was the limit, and when they ran out of sky, they simply built out into the ocean.

Thousands upon thousands of foreigners made their way to Dubai to grab their own little bit of the wealth.

Of course, that has all come to a grinding halt. Construction is slowing down, and a general feeling of doom and gloom is descending upon the nation.

Things are apparently so bad, that many expats are packing up their belongings and leaving. Of course, when you leave so suddenly, you tend to forget minor things like your mortgage, your car and your credit card debt.

Dubai International airport is reported to be home to over 3000 abandoned cars from fleeing expats. Some of the cars have apology letters taped to the windows, and others have their maxed out credit cards left on the seats.

The expats leave the nation behind for a few simple reasons - Dubai locks debtors away, and anyone without a job loses their visa. The New York Times reports that parts of Dubai are starting to look like a ghost town, with unfinished construction projects and masses of vacant property.

Things are actually so bad, that the government has been canceling as many as 1500 work visas every single day - a number they don't want to confirm or deny.

Unless things turn around very soon, the entire place is probably going to be doomed - Dubai does not have any oil of its own, and the entire economy was built upon real estate and financial services. Now those 2 sources of cash are slowly disappearing, Dubai could soon make the Madoff scam look like petty theft.

Do you (no longer) live in Dubai? Are things really this bad? Let us know in the comments!

(Via: New York Times)

LOL. Guess the phrase "careful what you wish for" didn't make it through the desert yet. The good thing, for their recent college grads, is that their Harvard, Yale, MIT and Stanford Degrees will allow them to go anywhere in the world. Anywhere but where they got them or where they were expected to apply them, back home. 

__________________


Guru

Status: Offline
Posts: 1547
Date:
Permalink   

Livin' la vida expat in Dubai isn't as snazzy as it used to be

nyt_dxb-%5Bgadling%5D.pngForget New York City - the world capital of spend, spend, spend has long been Dubai. This is literally where the sky was the limit, and when they ran out of sky, they simply built out into the ocean.

Thousands upon thousands of foreigners made their way to Dubai to grab their own little bit of the wealth.

Of course, that has all come to a grinding halt. Construction is slowing down, and a general feeling of doom and gloom is descending upon the nation.

Things are apparently so bad, that many expats are packing up their belongings and leaving. Of course, when you leave so suddenly, you tend to forget minor things like your mortgage, your car and your credit card debt.

Dubai International airport is reported to be home to over 3000 abandoned cars from fleeing expats. Some of the cars have apology letters taped to the windows, and others have their maxed out credit cards left on the seats.

The expats leave the nation behind for a few simple reasons - Dubai locks debtors away, and anyone without a job loses their visa. The New York Times reports that parts of Dubai are starting to look like a ghost town, with unfinished construction projects and masses of vacant property.

Things are actually so bad, that the government has been canceling as many as 1500 work visas every single day - a number they don't want to confirm or deny.

Unless things turn around very soon, the entire place is probably going to be doomed - Dubai does not have any oil of its own, and the entire economy was built upon real estate and financial services. Now those 2 sources of cash are slowly disappearing, Dubai could soon make the Madoff scam look like petty theft.

Do you (no longer) live in Dubai? Are things really this bad? Let us know in the comments!

(Via: New York Times)

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