Only about 17% of Dubai's GDP is from oil. The rest is from their innovations in just about everything. Plus, being a Muslim country, they do not solely base their economy on our fiat type money system with the Fed.
Their GDP is mostly Real Estate, Trading and Financial, in that order. They knew they were going to run out of oil so they diversified by investing in their countries real estate big time and offering tax-free zones for high tech industries. Of course, they had all that money to blow in the first place because of their oil.
“Measuring 21.5 inches each, with 1920 x 1080 resolution, 1,000:1 contrast ratio, and optical multitouch technology under their chunky bezels, these two models represent the biggest mainstream push for touchscreen computing yet.”
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so how many nanoseconds after Dubai runs out of oil will this turn into the world's largest urban blight?
Exactly 0.0001 seconds later, everyone will jump into the Gulf.
Only about 17% of Dubai's GDP is from oil. The rest is from their innovations in just about everything. Plus, being a Muslim country, they do not solely base their economy on our fiat type money system with the Fed.
Their GDP is mostly Real Estate, Trading and Financial, in that order. They knew they were going to run out of oil so they diversified by investing in their countries real estate big time and offering tax-free zones for high tech industries. Of course, they had all that money to blow in the first place because of their oil.