Dubai is in the middle of many situations in which it hopes to start a new thriving economy and repay their debt. With its major companies Duabi World and Istithmar, Dubai and the Emirate area plan to get out of this financial crisis. Just recently Dubai opened the world’s largest tower, after going into much [...]
With the economy the way it is and government acting the way it is, it makes sense to be concerned about hyperinflation. The American dollar is already weak but the government is in debt. Massive, massive debt. Other countries that have stocks and bonds invested in us are losing faith and we feel the need [...]
Another stock, cit, has a bleak outlook today. Beware of the bankruptcy bound stocks. It seems to be the fear of most investors the last few weeks. Today, cit, a financial bank hoding company, has had their shares halted today. Yep, just like GMGMQ. The fear is that they will be heading to bankruptcy incase there [...]