"Of all tyrannies, a tyranny exercised for the good of its victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end, for they do so with the approval of their own conscience."
-- C. S. Lewis
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Monday, February 16, 2009
Real Estate Bubble Burst in Dubai
The United States is not the only place that has seen the real estate bubble burst. Dubai which in recent years has surpassed any other location for grandiose buildings has seen its market collapse: