one cannot even call it a banana republic - banana's need water to grow.
the cactus republic of dubai is being shown up for what it truly is - an ugly monstrosity built on the bones and carcasses of the dispossessed. never heard a peep out of the left-stalinists in India for this slavery
http://www.independent.co.uk/opinion/commentators/johann-hari/johann-hari-a-morally-bankrupt-dictatorship-built-by-slave-labour-1828754.html
it is posible that Abu Dhabi will give a bail-out, but too bad for the kerala remmitance economy. too bad also for amartya rothschild's 'kerala model'.
1 comment:
If you are to believe Johan Hari completely, the imported labour in Dubai, including Indians, is being paid poverty-wages, and are living and working in utter penury. At the same time, other reports (e.g. Dubai cries but state gets a reason to smile DNA India, 28 Nov 09) say: “Indians make up 40% of the UAE's population, and Indians in Dubai account for 10-12% of the annual remittances to India. ... The Kerala government is [...] concerned. About 4.5 million Indians live and work in the Gulf region and remit more than $10 billion annually, according to government data.”
How can they send home so much money if they don't get much to begin with?
Also, the latest news I see on TV is that Abu Dhabi has refused a total bail-out, but will be very selective. There is something very fishy in the whole affair.
Post a Comment