Oh, where to begin! As far as I can tell, there isn't a single Dilbert cartoon that doesn't apply to Dubai's financial predicament. However, here's a great one sent along from a company in a LOT of debt:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiNKCK2YJvFlnhTnlu-gVnSYTutSo_XF_ci67VAZ-ZSWswTDhfqnkcmcI511uQOEKTTZFIDjoMkA-XWN553pQpXO9Gm-bTDQ364n_0pet2mtV_G8IoFmpNeBTsjG95HiEtwIUAE2TYukis/s400/cartoon.jpg)
It's funny, because we all have friends in these companies - in many cases, very high up - and as I recall we've pretty much been saying this the whole time. What else would you expect from a Gulf country that sells a gallon of gas for $1.60, but actually subsidizes the gas prices at the pump (I'm not kidding!)
As a final note, I would like to leave you with this official reporting on the Dubai fundraising campaign status:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiRhAd6ALVNTJo3bSRXcJuQN7DtrafNim3QF3mFQiUwKBpAN2GYzpWefrBdpc11JPEguQXiMauX3sP-zSqeW3A9mMysheDbE2BwnnS8e0RPkIzQP4vO0KrM6iAyj8CIiVG5IJEUpUd4GIA/s320/dubai.jpg)
The latest news is that we're thinking of buying up the Salvation Army - every dirham counts (we're gonna need a lot of them!) But for now, Dubai has successfully righted the ship, and there are no financial meltdowns remaining for this entire decade!
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