Dubai Debt May Exceed $80 Billion on Off-Balance Sheet Liability, UBS Says

[TraderZones]

Quote from kxvid:

Excellent info ASusilovic thanks.

+1 AS.

 

[IanMacQuaide]

Watch out. This may be just the beginning. In the scale of things, the debt problems of Dubai are little more than a flea bite. Dubai’s sovereign debts total “just” $80bn, which counts for nothing against the trillions being raised by advanced economies to plug fiscal deficits.

http://blogs.telegraph.co.uk/financ...rbinger-of-things-to-come-for-sovereign-debt/