26 Days Of Describing Dubai
Mar 31st 2010, 8:23 am
#76
Lost in BE Cyberspace
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Posts: 13,553
Re: 26 Days Of Describing Dubai
Dishonest.
The government knew they were having more serious financial problems than they were prepared to admit. If they had approached their creditor banks earlier, with all the 'cards on the table', a restructuring could have been worked out in an orderly and manageable fashion. Instead they are now regarded with the sort of contempt usually reserved for the sort of African despots who borrowed money in the 1970s and 1980s, knowing they would never be able to pay it back.
Meow says 'not doomed'.......... I hope she's right; I fear she's wrong.
The government knew they were having more serious financial problems than they were prepared to admit. If they had approached their creditor banks earlier, with all the 'cards on the table', a restructuring could have been worked out in an orderly and manageable fashion. Instead they are now regarded with the sort of contempt usually reserved for the sort of African despots who borrowed money in the 1970s and 1980s, knowing they would never be able to pay it back.
Meow says 'not doomed'.......... I hope she's right; I fear she's wrong.
Mar 31st 2010, 9:29 am
#77
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Re: 26 Days Of Describing Dubai
damned
Mar 31st 2010, 10:07 am
#78
Excess Baggage
Joined: Jul 2006
Location: UK
Posts: 5,479
Re: 26 Days Of Describing Dubai
Desperate (ly seeking Dollars)
Apr 1st 2010, 5:55 am
#79
Go on.. Pull my finger..
Thread Starter
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Location: Dubai
Posts: 5,726
Re: 26 Days Of Describing Dubai
Excessive...
Apr 1st 2010, 6:09 am
#80
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Posts: 551
Re: 26 Days Of Describing Dubai
Extreme
Last edited by banter64; Apr 1st 2010 at 6:31 am. Reason: ooops we are on E !!!
Apr 1st 2010, 6:10 am
#81
If I have to explain...
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Re: 26 Days Of Describing Dubai
Erm?
Apr 1st 2010, 6:23 am
#82
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Re: 26 Days Of Describing Dubai
Extreme
Apr 1st 2010, 6:33 am
#83
If I have to explain...
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Location: Where ever the road takes me
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Apr 1st 2010, 6:40 am
#84
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Re: 26 Days Of Describing Dubai
Expensive
Apr 1st 2010, 7:09 am
#85
Excess Baggage
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Location: UK
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Re: 26 Days Of Describing Dubai
Eclectic.
Apr 1st 2010, 7:12 am
#86
Lost in BE Cyberspace
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Re: 26 Days Of Describing Dubai
Egregious.......... 
Apr 1st 2010, 7:17 am
#87
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Re: 26 Days Of Describing Dubai
Egocentric or Egotistical
Apr 1st 2010, 7:27 am
#88
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Location: Disneyland, Dubai
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Apr 1st 2010, 7:29 am
#89
Lost in BE Cyberspace
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Posts: 15,887
Apr 1st 2010, 7:31 am
#90
If I have to explain...
Joined: Sep 2008
Location: Where ever the road takes me
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