OPEC Fractures and Stagflation is Here. Global Economy on the Edge w/ Raymond Zucaro
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Top Comments (10)
Spirit Airlines shut down operations today, they suck tho, so everybody cheered
PLEASE LIKE. SUBSCRIBE AND COMMENT. JOIN THE DURAN ON SUBSTACK: https://theduran.substack.com/
The UAE has two different models . Dubai has little oil ,so had a Sovereign Wealth Fund that created its disney land for adults formula . But it was so overdeveloped using the build payment in tranche schemes . It meant that the developer only made money when all properties were sold . In jan 2026 it had 45000 units unsold . This made the profit margin low . So many UAE business was teatering on the brink of capital collapse . The other weakness was the UAE laws re being in debt as in theres no way to be bankrupt . This results in many leased supercars being abandoned at the airport . The UAE was always vulnerable as the really Superwealthy are able to move on to the next big thing . Dubai is over now its vunerable . The oil based Emirates cannot function either .
Love the show
this man has the mood of a doctor with a horrible diagnosis in his hands.
Thankyou gentlemen.
Rates going up up up .. 👌
Thanks for the video
I afree with your talk on just opening the gulf
when Ray is not upbeat and optimistic, that is a bad sign. never heard him like this before.
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Top Comments (10)
Spirit Airlines shut down operations today, they suck tho, so everybody cheered
PLEASE LIKE. SUBSCRIBE AND COMMENT. JOIN THE DURAN ON SUBSTACK: https://theduran.substack.com/
The UAE has two different models . Dubai has little oil ,so had a Sovereign Wealth Fund that created its disney land for adults formula . But it was so overdeveloped using the build payment in tranche schemes . It meant that the developer only made money when all properties were sold . In jan 2026 it had 45000 units unsold . This made the profit margin low . So many UAE business was teatering on the brink of capital collapse . The other weakness was the UAE laws re being in debt as in theres no way to be bankrupt . This results in many leased supercars being abandoned at the airport . The UAE was always vulnerable as the really Superwealthy are able to move on to the next big thing . Dubai is over now its vunerable . The oil based Emirates cannot function either .
Love the show
this man has the mood of a doctor with a horrible diagnosis in his hands.
Thankyou gentlemen.
Rates going up up up .. 👌
Thanks for the video
I afree with your talk on just opening the gulf
when Ray is not upbeat and optimistic, that is a bad sign. never heard him like this before.