Citi of Bankruptcy
Dubai, our favorite slave state, where workers toil, buildings erupt and the West takes its vacation, is apparently on the verge of bankruptcy. They have already asked for a “debt standstill”, and are rumored to owe in excess of $50 Billion dollars.
It would have been nice if the financial wizards at Citigroup hadn’t frittered away their government bailout on an $8 Billion loan to that debt-ridden emirate.
You know, just sayin’.