Golden Rock Dubai event indicates that the world financial crisis will last

 Golden Rock: Dubai event indicates that the world financial crisis will last
article reproduced from Tencent Finance November 27 interview
11 27 news, Government of the Emirate of Dubai United Arab Emirates (Dubai) yesterday announced that it would restructure its largest Dubai World business entity (Dubai World), this is a business of real estate and ports across the enterprise group. Dubai government said its liabilities amounted to $ 59,000,000,000 in state-owned Dubai World Group's request for suspension of debt repayment for 6 months, and Dubai World's Nakheel (Nakheel) of 3.5 billion will also be delayed due to repay debt.
message to Cry of the initial list of significant impact on the world economy, causing a global stock market crash, the Chinese stock market is fell 100 points, innovative one-day drop since a rebound record.
the event will trigger a new round of economic crisis? incident to develop? Tencent Finance phone line of the State Securities chief economist of gold rock He said the Dubai event surfaced just represent the world's financial crisis will soon be over, is a good event.
This method of high-rise building from the ground, full of controversy from the beginning. As the financial crisis, national leg to stand on, to take a hold mode. Now the whole world clean up bad debt, the Dubai event surfaced.
King of rock that, to the Arab world's current economic strength, the Dubai deal to resolve the crisis is not too trouble. European and American banks are now out of things just want to stay out of speculation and refused to pay. The danger is not present in Europe and America and Dubai, but foreign investors, including some Chinese investors, Japanese investors.
He stressed that a new round of panic, the world's major stock markets fell. Such fears are normal, will not trigger a new round of economic crisis? how do you see this thing.
Golden Rock: first, as the entire Arab Dubai the world's strategic, he represents a way of thinking mm20 to 30 years later you can not rely on oil life. However, the oil base into a modern metropolis, I have the great controversy. whether in Dubai, the successful re-Las Vegas, there is always controversy.
Secondly, if the perspective from the financial crisis, the Dubai fund strand breaks occur, have occurred a year ago, is now in the clean-up phase. some time ago because of the financial crisis, nations a leg to stand approach taken hold. Now the whole world clean up bad debt, the Dubai event surfaced. And this is precisely representative of the economic recovery, the economic crisis is behind one of the signs. It is the survival of what has been resolved in Europe and America, began to consider the edge of the time. In this sense, this is a good event.
Third, the Arab world's current economic strength, the Dubai deal to resolve the crisis is not too much trouble. because of skyrocketing oil prices, who saved three waves: Wall Street, including the Pakistan Buffett, Goldman Sachs, including all the oil because of speculation made a fortune, as well as the Arab world and Russia. oil skyrocketing to all three areas won the profits from the same time, stabilize the economic base. From this sense, the Arab world to solve This thing is very easy.
Tencent Finance: Now stir out of this event, what is the purpose?
Golden Rock: Choose the event is fried to solve this thing the Arab, European and American can get away aside. Europe and America do not want to pay. First, Europe and the Arab think pocketed fruit outsiders to invest in Dubai are removed, so that some people at risk. Dubai has a pearl of the Arab world, they have the strength of the pay, but pay before How many things can be put aside this much to put aside. The danger is not in Europe and America and Dubai. but foreign investors, including some Chinese investors, Japanese investors.
such as the financial crisis, the crisis in the United States to get big, but won the the world's sympathy and resolve its own crisis. This is precisely the beginning of problem solving.
Tencent Finance: the outbreak of the crisis has been, what the results will bring?
Golden Rock: reduced expansion plans in Dubai. That Las Vegas, a recycling opportunities may be shrinking. the ultimate solution to the problem must be substantial pay Arabs. indicates that the Arab in Dubai to become a high-end luxury of the rich, but unlikely to become the world's financial center. So Dubai building will be reduced, the economic status of Dubai will be the transformation from global to regional in nature, into a tourist destination Arabs.
Dubai represents a high-rise in the economic model from the ground. from the natural elements, he do not have the conditions to become a financial center, detached from reality.
him out of the Arabs, Arab culture does not play financial mm;
religious rules from the non-Arab religious mm gambling;
mm out of the economic factors do not have to establish high-rise conditions;
from the financial center of the basic financial conditions of the formation of financial and cultural mm.
more of these The outbreak of the crisis on behalf of the world financial crisis will soon pass.