Interesting Dichotomy going on in the World right now. If you think the economy is getting better in the U.S., you are sadly mistaken. These two articles are examples of the economic realities going on in the world right now. Basically: The first article points out the demise of the large shopping malls that began to spring up in the late 1970s and early 1980s in America. The article argues they are quickly vanishing. Crumbling, decaying and becoming irrelevant due to a poor economy? The second article is all about showcasing the United Arab Emirates economic success by the grand opening of the largest shopping mall in the World in Dubai. With Abu Dhabi soon to follow with a new mega mall as well. The U.S. consumer has no liquid cash to continue the spending spree, by contrast countries like the United Arab Emirates, citizens are flush with cash and a thriving economy. aljazeera/indepth/opinion/2014/07/mourn-fall-mall-201471105835906735.html emirates247/news/emirates/mohammed-launches-mall-of-the-world-temperature-controlled-city-with-world-s-largest-shopping-mall-2014-07-06-1.555532
Posted on: Sun, 06 Jul 2014 06:56:39 +0000
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