28 July, 2006

Planes, trains and oil billionaires

An interesting article about how much money is being made from the petrodollar boom in the middle east: here

and another interesting article about what the oil money is spent on by people; not limited to private yachts, harley davidsons, sports cars and the like here


nzm said...

At the moment we live overlooking the Dubai Marina.

The berths that we can see are all full of boats, but we can literally count on one hand the number of them that are used with any regular frequency.

All the others are just faithfully washed by the boatboys and sit gathering marine growth on their hulls.

I think that there are a lot for sale which haven't been sold yet, and this is reflected in the article that you link to, Sam.

Anonymous said...

"speedboat on steroids"

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