Forum Overview :: Wall Street Kid
 
Re: Dubai by Ice Cream Jonsey 12/06/2009, 7:11pm PST
Rev. Sun Myung Moon wrote:

Every time I read anything about this place, my head explodes.

Ross, who asked not to be identified, is one of countless expatriates who have been caught out by the collapse in Dubai’s once-booming property market.

Like many he bought a flat off-plan in what was a red-hot property market. Today he is trapped, his passport confiscated until he repays bank loans he used to invest in a property that may never exist. If his work dries up before he can clear his debts he will go to jail.

Holy shit! How stupid/greedy do you have to be to go into debt to buy nonexistent property in a place run by this guy? Can you imagine that face looking down at you, those eyes boring through your skull, through your soul, everywhere you turn? Here's the most amazing part, though:
Without the apartment to boost the family’s income, the high cost of living forced them back to Britain. The debts became overwhelming in a city where non-payment is a criminal offence. Ross returned for some contract work but he was held on arrival at the airport by the police.

He was home-free, but then he went back, willingly. Who knows what goes through the mind of someone who would risk debtors' prison to save a worthless "investment?" Is it like a gambling addiction?

More: Dubai Photo Essay by Lauren Greenfield


Who the fuck lets their passport be taken for any reason? Actually, I have an HONEST question.

I've only been out of North America once, and I left my passport at my pal's apartment one night. I wasn't really shitting bricks, because, what, they're not going to let ME back into the States without it? With Canada around, the US needs me a lot more than I need it. Therefore, the second most important piece of information I have on Europe comes from the movie Hostel, where they demand passports in order to stay in the hostel.

Does that ever happen? Do people in other countries actually ask to hold your passport for some shitty service? No Hostel 2 spoilers, please, I haven't seen that one yet.


ICJ
PREVIOUS NEXT REPLY QUOTE
 
Dubai by Rev. Sun Myung Moon 12/06/2009, 5:28pm PST NEW
    kneel before sheik zod by Weyoun Voidbringer 12/06/2009, 5:31pm PST NEW
        Same. by Mad Max 12/06/2009, 6:52pm PST NEW
            Re: Same. by Troller Loller 12/06/2009, 7:17pm PST NEW
                This post is great NT by Fortinbras 12/06/2009, 9:53pm PST NEW
                    I mean the post above this post. I mean two posts above! Fuck! NT by Fortinbras 12/06/2009, 10:00pm PST NEW
                        DURRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRF NT by Fortinbras 12/06/2009, 10:02pm PST NEW
                            Thanks fortinbras. ^_^ by Jhoh Creexul (custom software) 12/06/2009, 11:09pm PST NEW
            Hahaha this guy is seriously pissed off. NT by Jhoh Creexul (custom software) 12/06/2009, 7:50pm PST NEW
                posting on the internet with cuss words! perhaps he'll have a heart attack NT by Jrdano, shuddering with excitement 12/06/2009, 8:25pm PST NEW
                    I'm betting on stroke actually. NT by Jhoh Creexul (custom software) 12/06/2009, 8:34pm PST NEW
    Re: Dubai by Ice Cream Jonsey 12/06/2009, 7:11pm PST NEW
        I love the dust-covered car someone took the time to write LOSER on NT by Fortinbras 12/06/2009, 9:56pm PST NEW
        Didn't they also do that in Bourne Supremacy? Also Hostel 2 is great NT by Eurotrash 12/07/2009, 1:25am PST NEW
            Let's take this conversation back to Ron Paul by Moog 12/07/2009, 5:48am PST NEW
        Re: Dubai by Quétinbec 12/07/2009, 8:23am PST NEW
 
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