Everybody, owes somebody, sometime

The debtors of Dubai have been the main focus of the financial world over the last 72 hours or so, ever since that surprising announcement of Wednesday, that Dubai, perhaps one of the richest of nations in the world is having a case of the shorts.

The nation, which interestingly has little in the way of oil reserves, still is tied in with the oil money of the Middle East, serving as a financial centre and playground for the richest of the rich…

(from  the blog a town called podunk, click on the link below to see the entire article atowncalledpodunk.blogspot.com/2 … 2026911991 )