Sherry Chandler » Dubai and the horsey set
Dubai and the horsey set
I learned watching Comment on Kentucky over the weekend that the local attitude toward Dubai and the ports deal may be a bit more tolerant than the national average. Turns out the sheiks of Dubai own a considerable chunk of Kentucky horse farm and have been spreading a fair amount of money around the area. The attitude seemed pretty unanimous: what’s good for the horse industry is good for Kentucky (and the nation).
For those of your wondering, however, why the United States can’t run its own ports, here is some more perhaps surprising information about Dubai from Open Source:
If Congress’ reaction to the ports mess is any indication, we’ve been blind-sided by Dubai. But while Congress tears their hair out over national security and xenophobia, the real story takes place on their shores, not ours.
Dubai is the fastest growing city on the planet. It’s not vast oil reserves that allows Dubai to bust out all over. Compared to brother-emirate Abu Dhabi, the oil reserves are actually running pretty low. The source is tourism and investment money that used to come to us
The tourism and investment money is Arab. What they used to invest here, they now invest there.
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