Over the holidays, Dubai dropped a bombshell – they can’t pay their debts. In the irony of all ironies, they want to sell bonds (debt) to cover their delinquent debt. In his latest Conspiracy of the Rich Bulletin, Robert explains how Dubai isn’t the only country doing this…and what it means for you.
"In simple terms, Dubai said, 'We cannot pay our debts.' The world stock markets fell and then slowly recovered. Had it not been a holiday, the damage from Dubai’s announcement might have been far greater because the global panic could have crashed the world markets."
– Excerpt from Robert’s Conspiracy of the Rich Bulletin
Read Robert's latest post here
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