Is United Arab Emirates Dumping Their USD? - Galt's Gulch

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Is United Arab Emirates Dumping Their USD?

Posted by freedomforall 2 months ago to Economics

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Does $824,000 per acre for unimproved land sound reasonable to build a "resort?"
What is the real reason behind this purchase?

SOURCE URL: https://www.zerohedge.com/geopolitical/egypt-announces-35bn-deal-uae-buy-premium-mediterranean-area

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Posted by 25n56il4 2 months ago

Oh yeah. UAE will do what is best for them. Aramco assisted them with getting their oil out of the ground. My daddy built a lovely housing project for Aramco employees at Dharan and have we been credited with helping them? Now they want to devalue our dollar? Grateful for our help aren't they. nb

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  Posted by mccannon01 2 months ago
  
  I don't think most of the world that receives our help is grateful for it. We NEED an America first leadership!
  
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Posted by Abaco 2 months ago

So am I.

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Posted by mccannon01 2 months ago

Cynical me says the Muslim Brotherhood et al will find a way to EFF the whole thing up.

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