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Old 04-09-2013, 07:21 PM
 
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Houston - energy finance capital of America.
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Old 04-09-2013, 08:33 PM
 
Location: Lower east side of Toronto
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There is no comparable city. Dubai is a small tight place that rises us with absolutely nothing but sheer wealth in a concentrated area. Just out side the limits there is nothing but a few hovels for imported workers. It is pure artificial wealth generated by the luck of having oil revenue. American cities are not and will never be as economically segregated as Dubai.
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Old 04-09-2013, 08:38 PM
 
Location: Canada
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Quote:
Originally Posted by Oleg Bach View Post
There is no comparable city. Dubai is a small tight place that rises us with absolutely nothing but sheer wealth in a concentrated area. Just out side the limits there is nothing but a few hovels for imported workers. It is pure artificial wealth generated by the luck of having oil revenue. American cities are not and will never be as economically segregated as Dubai.
American cities are shaped from the bottom up by demand and capitalism, Dubai was shaped from a wasteland by the ego and ambitions of the hyper wealthy lords of a semi-feudal desert state top down without much care for return on investment. As such, there is no clear parallels, although Vegas is superficially closest, and Miami beach can be argued due to the seaside location and predominance of disconnected highrise condos and estates for the foreign elite in the context of poverty surrounding the area, with many of those poor being low skilled and foreign born.
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Old 04-09-2013, 09:23 PM
 
Location: Vallejo
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Quote:
Originally Posted by Oleg Bach View Post
There is no comparable city. Dubai is a small tight place that rises us with absolutely nothing but sheer wealth in a concentrated area. Just out side the limits there is nothing but a few hovels for imported workers. It is pure artificial wealth generated by the luck of having oil revenue. American cities are not and will never be as economically segregated as Dubai.
Except for the oil part as less than 2% of their GDP comes from oil.

Here's a picture of a city from another country that is 200% more pure artificial wealth generated by the luck of having oil revenue. Do you recognize it?
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Old 04-09-2013, 10:25 PM
 
Location: NC
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Originally Posted by eschaton View Post
I'd say the most notable functions of Dubai are it's brand-spanking new, was expanded on massive financial speculation, and is less than half occupied because it was a buildup of supply when there wasn't sufficient demand to fill it.
There was also not a lot of planning put into how to support such a city with adequate services. Thus why you have gleaming new buildings and for quite some time no sewer system and it is questionable how adequate it is now.

World’s tallest (and smelliest) building - Salon.com

Last edited by Randomstudent; 04-09-2013 at 10:33 PM..
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Old 04-09-2013, 11:15 PM
 
Location: Canada
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Originally Posted by Malloric View Post
Except for the oil part as less than 2% of their GDP comes from oil.

Here's a picture of a city from another country that is 200% more pure artificial wealth generated by the luck of having oil revenue. Do you recognize it?
Yeah, their wealth comes primarily from liquefied natural gas if i'm not wrong, that and some of the other industries they've helped buy with that wealth so they'll have something when it's gone. Anyways, you're being very silly by putting a picture of Toronto, Ontario doesn't have any oil, and the Prairie oil boom is very recent, conventional oil there was relatively small time in the past, it's only very recently that high oil prices have made oil sands viable. Thus, the city of Toronto was built on manufacturing, banking, and as a head office town, it had very, very little to do with oil which has only impacted it very recently and tangentially. More appropriate would have been a picture of Calgary, whose using some of the low taxes and economic activity afforded by the oil boom to actually take away head offices from Toronto, which is its competition.
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Old 04-09-2013, 11:31 PM
 
Location: Vallejo
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If by LNG you mean the import terminal they are building. The facility is necessary because Dubai in particular, and the UAE in general, are heavy importers of natural gas since they can't meet their own demand with domestic production. Quite the opposite of Canada which historically has been a large net exporter of natural gas.
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Old 04-10-2013, 12:46 AM
 
Location: Canada
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Originally Posted by Malloric View Post
If by LNG you mean the import terminal they are building. The facility is necessary because Dubai in particular, and the UAE in general, are heavy importers of natural gas since they can't meet their own demand with domestic production. Quite the opposite of Canada which historically has been a large net exporter of natural gas.
Okay, I'll admit it when it's true, my knowledge of the Dubai economy was outdated, it's truly transitioned into a knowledge economy. Still, one should understand the nature of the Canadian federation and that regions like Southern Ontario and Quebec were built on the service sector and manufacturing, not oil. What happens in Alberta is of marginal local significance.
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Old 04-10-2013, 06:12 PM
 
Location: Lower east side of Toronto
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Quote:
Originally Posted by BIMBAM View Post
American cities are shaped from the bottom up by demand and capitalism, Dubai was shaped from a wasteland by the ego and ambitions of the hyper wealthy lords of a semi-feudal desert state top down without much care for return on investment. As such, there is no clear parallels, although Vegas is superficially closest, and Miami beach can be argued due to the seaside location and predominance of disconnected highrise condos and estates for the foreign elite in the context of poverty surrounding the area, with many of those poor being low skilled and foreign born.
In other words Dubai was built on a huge stash of disposable income. There was no need for a return on anyone's investment because the people that built this place had no need of a return. The place always reminded me of a settlement on the planet Mars..no real need for it's existence other than as you say EGO..The location of this place has no surrounding areas that can even grow food or supply natural water..If their endless money supply were to dry up - Dubai would just become a place of broken glass and rusted metal...with fermented swimming pools inhabited by frogs.

There is no city in the world that is parallel to this place. Dubai is fictitious.
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Old 04-10-2013, 06:13 PM
 
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I would almost say Los Angeles but I think L.A. would have more in common with NYC than it would with Dubai.
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