Remix.run Logo
bilbo0s 19 hours ago

In fairness to the UAE, of all the nations of the world, they're the ones who have lost the most economically speaking in the current unpleasantness.

It's kind of unfair.

If they can recoup some of those losses selling outside the system in Chinese currency, (or even in US currency), I have to imagine that would provide some ameliorative relief. It won't make them whole. They've got a lot of problems right now. But I mean, at least it starts them filling back in the giant hole that everyone else dug for them.

don_esteban 17 hours ago | parent [-]

Of all the nations of the world, the one that has lost the most (at least in the short term) is clearly Iran.

On the other hand, from the longer term point of view, it looks like big part of the business model of UAE/Dubai (a safe, luxury place for rich) has been shattered and I don't see it coming back.

In the short term, they might want extra revenue, but in the long term, creating extra tensions with their neighbour can't be good.