sp52075

check out this video of Dubai its in the middle east and is a major rich country due to oil
http://www.break.com/index/did-you-k...d-our-gas.html

some of the architecture is unbelievable but very depressing considering the price of oil

jx3

Nothing like looking to the future. Dubai knows that their oil won't last forever and are taking the lead in becoming the "rising" hot spot.

GDZHHR

This is a little misleading. They are actually pretty smart and have building up their country for a few years. Their goverment realized that they are a small country whose oil reserves will run out and they are positioning themselves to be THE place to go for the ultra-rich to vacation. So the build up isn't causing the rise in oil prices.

Unlike many countries, they are taking steps to insure their future and NOT relying on oil.

Cool video though. It's amazing the talent on the engineering people thay are using to design and build all of those custom islands.

sp52075

ya I saw a special a few years ago on the Palms island and how it affected the erosion of the coast line the current have been changed so they have a full time Dredger sucking up sand from down shore and redepositing it up shore it was very cool to see all the enginering that went into everything .and people kept saying it will never work Iguess money talks and BS walks haha I would love to go see it. Its prety cool to check out from sites like google earth and stuff

Daverb

I saw a show about this on Nation Geographic a few years ago. A lot of big corporartions have already been buying office space there, and many multi-millionares and billionares have bought some of the homes being built or have been built. Like the old saying "build it and they will come"

GTO to HHR

They can keep it I have been there way too hot for me.

PhxHHR

What next - show all the cool stuff drug dealers have and try to convey empathy for the users? As others said, this is misleading, indeed. No mention is made regarding petroleum being traded based on futures, or the redevelopment of Dubai's governmental structure within the last 5-6 decades. I'm not taking sides, but videos like this are meant to obtain buy-in from the weak-minded.

itschaboykenny

Yeah thats cool. There looking out for their future. I would just rather spend money I make here in the states... not like I make anything anyway... less than 18k a year.

GTO to HHR

People really shouldn't complain with them building up cause dubai hires a lot of contractors from the US paying them truckloads of money. But Saudi Arabia thats another story entirely I have no respect for those people.