In Pictures: Where the World's Oil Money Is Going

Mish's Global Economic Trend Analysis speculates on where energy dollars are going. Have a look for yourself at the full photo gallery. But here's a preview:
The Palm Islands in Dubai (Pictured Above)
Upon completion, the resort will have 2,000 villas, 40 luxury hotels, shopping centers, movie theaters, and many other facilities. It is expected to support a population of approximately 500,000 people. It is advertised as being visible from the moon.
Ski Dubai , an indoor ski resort
Ski Dubai already open, is the largest indoor skiing facility in the world.
Hydropolis, the world's first underwater hotel
Entirely built in Germany and then assembled in Dubai, it is scheduled to be completed by 2009 after many delays.
The World Islands
300 artificially created islands in the shape of the world. Each island will have an estimated cost of $25-30 million.
The Al-Arab hotel in Dubai
The worlds tallest hotel. Considered the only '7 star' hotel and the most luxurious hotel in the world. It stands on an artificial island in the sea.












Post new comment