Dubai’s Cautionary Tale About Having Everything

“In a very real sense, Dubai has been the architect of its own demise. Over the last decade or so, the city’s ruling elite has operated under the principle that there’s no challenge that can’t be met if you throw enough money at it. At times, this approach has worked well – Dubai, remember, solved its hideous traffic problem in less time than it takes your average US city to fix a pothole. But things got out of hand.”