Dying Dream of Conspicuous Consumption: Outrageously Lavish Dubai Lifestyle Crashing from Debt, Hits World Markets Hard (video)
Vicki McClure Davidson | November 28, 2009
Like I’ve always said, be wise, be frugal. Dubai didn’t listen. Can you spell “conspicuous consumption”? When most of your income is dependent upon heavily financed property development and over-the-top, ritzy tourism, and the world economy is struggling… well, then, luxury hotel suites, the world’s largest mall, and an indoor ski resort in a desert [...]
