If you are struggling to understand what exactly caused the current global financial crisis, you should watch this video by the IMD in Lausanne / Switzerland.
It's a 15 minute presentation by finance professor Arturo Bris.
After you watch the video, I am sure you will have a lot of questions pertaining to the transparency and financing model of Tamweel and Amlak.
You should also listen to Nightline - Dubai Eye tonight (nov 26, 08) 8-10pm with James Piecowye and Mishal Kanoo who discuss the financial crisis.
ReplyDeleteAnd here is how I see it:
ReplyDeletehttp://www.dubaichronicle.com/?p=2124
well at least before they end that forum ..... they should have created something for the crisis that the world is currently experiencing
ReplyDelete