The World is sinking…
This post is an update to an earlier post that I wrote, detailing the financial predicament Dubai has created for itself. In that same article, I referenced “The World” (Islands) that Dubai has also created. It has become apparent that these islands have started eroding and sinking. This is clearly a unique situation. A chain of man-made islands, created by dredging sand from the bottom of the ocean to the surface, is once again finding its way back to the bottom of the ocean. The various owners of these islands, such as Brad Pitt & Angelina Jolie, and Safi Quarashi, may soon have to face the reality of this sunk cost.
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