A Cairenegirl's Blog

March 27, 2010

Am I the only one that thinks Dubai US$9.5 billion is too much of a loan?

Filed under: Uncategorized — CaireneGirl @ 3:52 pm

We read everyday about the horrors that our planet is facing from climate change to world hunger.  Every week there is a natural disaster somewhere in the world like the recent ones in Haiti and Chile.

When you live in a city like Cairo, it is so easy to see the poverty and the struggle that so many millions of people have to go through to get basic sustenance like food, shelter and health care.  Yet Cairo isn’t even the worst off.  There are many places in the world that have to deal with wars and a struggle to stay alive.

There are so many reminders that the planet’s biggest and worst plague is the human race. Though, it is not all darkness. There are many humans who have gone above and beyond to ensure greatness and continuity of life.  Alfred Nobel is one that comes to mind, Bill and Melinda Gates, Greg Mortenson and so many more.

These people throughout time with their philanthropy and their investment in the planet make us believe that there is hope. We can benefit our planet with a fantastic piece of art, a sensual piece of music or a foundation that devotes itself to eradicating disease or poverty or illiteracy.

As a world we have progressed so far technologically, and we cannot wait for the newest gadget or the latest phone or application that makes our life easier, faster and more efficient.

We just seem to be lacking on the other scale: call it spirituality, global consciousness, morality, whatever it is for each individual. We are definitely as a world not up to par.

So shocking things like Dubai receiving a US$ 9.5 billion loan so it can continue its Palm resort, among other development projects, makes me compelled to write about it and say “Don’t you people read the papers!!!”. Is this really where you want to put all this money? Is there no one else who has a more worthwhile investment opportunity? Ask Muhammad Yunus I’m sure he has some ideas?

Really? –  Building some luxurious houses in the shape of a palm in the middle of the sea. So important. This is the ultimate project. This is what human kind has been waiting for? Yes I know, we will be able to see it from the moon. Great. Those of us who survive the devastation of the planet and make it to the moon are going to be really proud of all of you who signed this deal. This is what we will say “we are so glad that we can see a palm shaped island from up here”.

Thank you Dubai. Now I really don’t feel guilty about my Gucci bag.

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