Comments on: Nakheel Builds the Universe in Massive Middle East Expansion http://www.dailyreckoning.com.au/nakheel/2008/01/21/ An independent perspective on the Australian and global investment markets Sat, 21 Nov 2009 17:27:32 -0600 http://wordpress.org/?v=2.8 hourly 1 By: Brad http://www.dailyreckoning.com.au/nakheel/2008/01/21/comment-page-1/#comment-6199 Brad Mon, 21 Jan 2008 09:21:46 +0000 http://www.dailyreckoning.com.au/nakheel/2008/01/21/#comment-6199 I must admit I fail to see the logic too. If they're fully aware that the oil will run out, why build the sort of permanent infrastructure that is reliant on an oil dependant international trade and tourism? Hmm... perhaps they're planning a pseudo corporation-state where all their remaining oil reserves are kept in inventory to ensure Emirates is the only viable airline in 2050. I must admit I fail to see the logic too. If they're fully aware that the oil will run out, why build the sort of permanent infrastructure that is reliant on an oil dependant international trade and tourism?

Hmm... perhaps they're planning a pseudo corporation-state where all their remaining oil reserves are kept in inventory to ensure Emirates is the only viable airline in 2050.

]]> By: moondoong http://www.dailyreckoning.com.au/nakheel/2008/01/21/comment-page-1/#comment-6179 moondoong Mon, 21 Jan 2008 02:33:13 +0000 http://www.dailyreckoning.com.au/nakheel/2008/01/21/#comment-6179 When the oil runs out where are the tourists going to come from? I'm not sure that the Saudi's et al are going to be all that flash either. As you say, ghost towns of skyscrapers being swallowed by the desert sands? When the oil runs out where are the tourists going to come from?
I'm not sure that the Saudi's et al are going to be all that flash either.
As you say, ghost towns of skyscrapers being swallowed by the desert sands?

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