# Dubai has a message for those who don't believe that bigger is better. **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [August 15, 2008, 11:42am UTC](https://forums.speedlife.net/t/dubai-has-a-message-for-those-who-dont-believe-that-bigger-is-better/53302 "2008-08-15T11:42:04Z")\ **Posts on this page:** 1\ **Showing post:** 79
**Author:** ![bing](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/bing/32/7211_2.png) [@bing](https://forums.speedlife.net/u/bing)\ **Post date:** [August 17, 2008, 9:14am UTC](https://forums.speedlife.net/t/dubai-has-a-message-for-those-who-dont-believe-that-bigger-is-better/53302/79 "2008-08-17T09:14:28Z")
> [@JSTANEON](#): > > They already have. Its called Brampton. brampton = bramladesh as we say in Ontario… > [@EvilJay](#): > > Fail. > > A majority of the emirate’s revenues are from trade, real estate and financial services.[7] Revenues from petroleum and natural gas contribute less than 6% (2006)[8] of Dubai’s US$ 37 billion economy (2005).[9] Real estate and construction, on the other hand, contributed 22.6% to the economy in 2005, before the current large-scale construction boom.[10] Dubai has attracted world-wide attention through innovative real estate projects [11] and sports events. This increased attention, coinciding with its emergence as a world business hub, has also highlighted human rights issues concerning its largely foreign workforce.[12] I’m surprised that an american would actually know this. Had i posted it i’m sure everyone would have thought it was a conspiracy theory as with all other truths that don’t align with whatever you get fed. However, even that explanation, real estate being the primary driver of Dubai’s economy, is not the primary reason, it is a symptom. Dubai; like delaware, the caymans, the bahamas, and especially Liechtenstein, are and were strategically developed as corporate tax havens. I dont have the ratio on Dubai, but in Liechtenstein the number of corporations calling it home more than doubles the national population. The tax revenues and subsequent participation of these corporations in the economies in which they pay their taxes have a crazy impact on the countries or regions. In that sense, oil money does play a major impact. You have thousands of multi-billionaires throughout the middle east that go to Dubai or Abu Dahbi (similar tax appeal) to reside or house their money and build thier investment portfolios because of the tax implications but also because of the slightly westernized lifestyle, with a towel-head twist. then there is the las vegas, macau development type mentality… just build the shit and then make the people come. most of the developments in Dubai are ghost towns despite their grandeur and buildings of archetexually dubai are visting the me someday --- _[View the full topic](https://forums.speedlife.net/t/dubai-has-a-message-for-those-who-dont-believe-that-bigger-is-better/53302)._