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Is Dubai the begining of the Iternational Commercial Lending / Realestate bubble bursting?

 
II-Neutron
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User ID: 826496
Canada
12/01/2009 01:02 AM
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Is Dubai the begining of the Iternational Commercial Lending / Realestate bubble bursting?
US banks are going to feel this and so will Americans then.

What is going to stop this roller coaster if the bubble is starting to burst?

Remember people the real estate game is not about the property at this point it is about the financing and leverage on it.
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By faith he sojourned in the land of promise, as in a strange country, dwelling in tabernacles with Isaac and Jacob, the heirs with him of the same promise:For he looked for a city which hath foundations, whose builder and maker is God. Hebrews: 11
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