Doomed

"Like the Monty Python Black Knight, the global banking system keeps getting various limbs whacked off yet continues to yell, ‘Tis only a flesh wound’. So here we are, the latest hyper-credit rated real estate hysteric scam operation going underwater: Dubai is doomed."

See : http://emsnews.wordpress.com/2009/11/30/dubai-collapse-leading-edge-of-further-falls/.

I like the image ; I don't like the blog itself : I never was able to read one of its apparently endless articles : they go on and on and on. They sometimes hold a lot of common sense, but there also is a lot of almost blind dogmatism. Not a nice read, no ; but a nice image nevertheless.

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