• stoly@lemmy.world
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    2 days ago

    Anyone who genuinely thought that Dubai was a solid long-term investment deserves to lose out. It was always going to collapse, we just didn’t know that action in Iran would be the cause.

    • redsand@infosec.pub
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      20 hours ago

      I thought McKesson was going to string Saudi Arabia along for years with “The Line” until the country collapsed. Oil based economies are in their final decades

      • stoly@lemmy.world
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        18 hours ago

        I do think that this is the case. It also means that that the Texas oil barons will have to move into something new. This will be better for humans and the planet.