Where does middle eastern money go?

bmstyle71 · 11-27-2008, 11:28 AM

So other than the fact that some of us can't even afford the emblems on his car. This fella just forked out 10 million USD on his license plates numbered 5 and 7. Sure is a happy thanksgiving.

josephr25 · 11-27-2008, 12:20 PM

Our economy could really use that money... but why help people when you can floss a license plate.

Scorpion · 11-27-2008, 01:26 PM

Damn 10 mil.

IrateSpeed6 · 11-27-2008, 02:02 PM

Are these pics from Dubai? Apparently the closer the number is to "1" the closer you are to the head of the royal family... I don't think people can just pick any ol' number?

GAM3OVR85 · 11-27-2008, 02:09 PM

Quote:

Originally Posted by IrateSpeed6

Are these pics from Dubai? Apparently the closer the number is to "1" the closer you are to the head of the royal family... I don't think people can just pick any ol' number?

Thats Abu Dhabi, and btw i think he also got #1 for $14 million US, he said he would go up to $20 million of some shit like that

NaTuReB0Y · 11-27-2008, 02:16 PM

he looks like my neighbor from across the street............

Speedtrap · 11-27-2008, 02:33 PM

A lot of them come across to London - one of the favourite haunts still for the Arabs, splashing money, even to the extent of shipping their cars here to drive....

Tondtar · 11-27-2008, 03:09 PM

If that money was hard earned for something they had invented or distributed for the good of mankind, I personally would not have had any problem with it. Look at Bill Gates ...More power to him. I hope he makes more than he has now. If it wasn't people like him, we will still be using an abacus for adding numbers

In Dubai (and most everywhere else in UAE) doing business as a foreign company will require having a local "sponsor". Local sponsors in Dubai are nothing but guys like the one pictured above with blood connection to one of the 6 main clans who run the whole thing there. In return for their sponsorship, they own 51% of your company there (so you can never have majority ownership) and a percentage of your gross income (negotiable to some degree). This is how most money is made there. You see guys like him lounging all day in Starbucks and restaurants there with a laptop and a cell phone checking how much money they are making from OTHER people's hard work! They are nothing but leeches, for a lack of better analogy.

This is what a false economy is and this is why they are so vulnerable to slightest change and upheaval. And that is why they do anything to make sure the system stays the same because change equals death of extreme privilege for a very select few.

GAM3OVR85 · 11-27-2008, 03:13 PM

Quote:

Originally Posted by Speedtrap

A lot of them come across to London - one of the favourite haunts still for the Arabs, splashing money, even to the extent of shipping their cars here to drive....

+1 I forgot what street was it, only middle eastern people lol!!

Speedtrap · 11-27-2008, 04:06 PM

Quote:

Originally Posted by MTL Bimmer

+1 I forgot what street was it, only middle eastern people lol!!

Edgware road, near to marble arch

Revlis · 11-28-2008, 04:15 AM

Meh, Nice Cars, Billions of dollars, still doesn't have a clue...

But yeah, what the hell, got something you just have to have? It's a free world.

11-27-2008, 11:28 AM	#1
bmstyle71 Captain 115 Rep 635 Posts Drives: jet black e92 m3 Join Date: May 2008 Location: tampa florida iTrader: (0)	Where does middle eastern money go? So other than the fact that some of us can't even afford the emblems on his car. This fella just forked out 10 million USD on his license plates numbered 5 and 7. Sure is a happy thanksgiving. Last edited by bmstyle71; 11-27-2008 at 01:49 PM..
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11-27-2008, 12:20 PM	#2
josephr25 Major 72 Rep 1,456 Posts Drives: 2008 E92 335i Join Date: Aug 2008 Location: Irvine, CA iTrader: (2) Garage List 2008 BMW 335i Coupe [0.00]	Our economy could really use that money... but why help people when you can floss a license plate.
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11-27-2008, 01:26 PM	#3
Scorpion Major 166 Rep 1,210 Posts Drives: Nothing Join Date: Aug 2008 Location: Nowhere iTrader: (0)	Damn 10 mil.
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11-27-2008, 02:02 PM	#4
IrateSpeed6 ¡Roca encendido! 17 Rep 38 Posts Drives: '08 STi Stage II Join Date: Aug 2007 Location: Albany, NY iTrader: (0)	Are these pics from Dubai? Apparently the closer the number is to "1" the closer you are to the head of the royal family... I don't think people can just pick any ol' number? __________________ Like Martin w/ no Gina
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11-27-2008, 02:16 PM	#6
NaTuReB0Y Powered By 36DD 366 Rep 7,369 Posts Drives: 2006 E90 Join Date: Jul 2005 Location: Inland Empire iTrader: (12)	he looks like my neighbor from across the street............ __________________ 2006 E90 330i Jet Black \| 20" WORK VS-XX \| FK452 \| H&R Sport on Koni Yellow \| REMUS QUAD
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11-27-2008, 02:33 PM	#7
Speedtrap Lieutenant Colonel 61 Rep 1,798 Posts Drives: A very fast car :) Join Date: Sep 2008 Location: London iTrader: (0)	A lot of them come across to London - one of the favourite haunts still for the Arabs, splashing money, even to the extent of shipping their cars here to drive.... __________________
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11-27-2008, 03:09 PM	#8
Tondtar 12 yr old Juvie 1137 Rep 881 Posts Drives: His Mom Crazy Join Date: Apr 2008 Location: El Lay iTrader: (2) Garage List 2008 (RIP in 2011) ... [0.00]	If that money was hard earned for something they had invented or distributed for the good of mankind, I personally would not have had any problem with it. Look at Bill Gates ...More power to him. I hope he makes more than he has now. If it wasn't people like him, we will still be using an abacus for adding numbers In Dubai (and most everywhere else in UAE) doing business as a foreign company will require having a local "sponsor". Local sponsors in Dubai are nothing but guys like the one pictured above with blood connection to one of the 6 main clans who run the whole thing there. In return for their sponsorship, they own 51% of your company there (so you can never have majority ownership) and a percentage of your gross income (negotiable to some degree). This is how most money is made there. You see guys like him lounging all day in Starbucks and restaurants there with a laptop and a cell phone checking how much money they are making from OTHER people's hard work! They are nothing but leeches, for a lack of better analogy. This is what a false economy is and this is why they are so vulnerable to slightest change and upheaval. And that is why they do anything to make sure the system stays the same because change equals death of extreme privilege for a very select few.
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11-28-2008, 04:15 AM	#11
Revlis Now With 33% MORE Sarcasm Free! 162 Rep 3,462 Posts Drives: M4 i3 X3 Join Date: Feb 2007 Location: Phoenix AZ iTrader: (0)	Meh, Nice Cars, Billions of dollars, still doesn't have a clue... But yeah, what the hell, got something you just have to have? It's a free world. __________________ A BMW is Just a Car, it doesn't make you smart, handsome, clever, better, cool, or wealthy.
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