In Ge Xiaotian's eyes, Dubai is not a city, but a model.

It's like a group of local tyrants who have oil fields at home and don't have money in their pockets, seeing that oil prices have been unstable recently, and there are several bigwigs with oil who have been robbed, worried about the shrinkage of assets, and worried that they will be robbed, so they get together to discuss.

Some people say that they buy gold and deposit it in overseas banks, some people say that they go to England to buy a house, and some people say that we are all so rich, why not do it ourselves?

No one is willing to be subservient, especially those who are not short of money in their pockets, and the third suggestion is approved by most of the chiefs.

But what should be done?

Some people say that it is better for us to join forces, build a world-class enterprise, and develop in an all-round way, even if a single industry loses, other industries can also make money.

As a result, the Union of Emirates was formed, with a total of seven emirates joining.

But the problem comes again, many sheikhs are located around the Arabian Peninsula, with the Persian Gulf inside, the Gulf of Oman outside, and two sheikhs close to the Arabian Sea.

In other words, there must be an environment for investment.

The sheikh of Dubai rolled his eyes: My family doesn't have much oil, even if the oil market fluctuates in the future, it won't have much impact on me, and it won't be targeted by overseas powers.

Other chiefs are definitely reluctant to throw their money at others for development, but the quarrel has no result, and in the end, I feel that what the Dubai chief said is quite reasonable.

As a result, the seven chiefs, including the following families, paid for the money, cashed out for the cash, and sold the oil for the oil, first formed the 'Dubai World' and the 'Dubai Bank', and then built a round of infrastructure for Dubai, that is, a community built in 90 years.

At that time, Dubai was no different from a border desert town, and the sheikhs were not engaged in construction, not thinking about real estate, but to create a platform that could host world-class companies.

However, the chiefs' behavior of building and buying their own and throwing money around them suddenly attracted other low-level entrepreneurs around who were more active.

For example, a certain third brother who studies pharmaceuticals, a certain oil country who plays finance, and a local who likes to play securities......

As soon as these people came, they immediately brought a lot of popularity to Dubai, and then the chiefs were stunned to find that the house prices had risen!

Heaven and earth conscience, the chiefs really have no intention of making money in real estate.

But money doesn't make bastards......

The seven chiefs, along with the wealthy men of the following families, put together a total of ...... Feeling that his brain was not enough, he hired a few clever Englishmen as thinkers.

England's think tank saw that this group of chiefs was stupid and had a lot of money, and then looked at their shriveled wallets, and with a turn of their eyes, they designed a set of models that are currently very popular.

That is:

Loan enclosure - financing to build a house - financial speculation - driving financial leverage, amplifying investment results - selling houses for profit.

In 95, the second round of construction was paved, and the sheikhs made a lot of money, and also attracted more people to Dubai, a city of 50,000 or 60,000 people, in just two or three years, it exceeded the million mark.

There are more people, and real estate is even hotter.

The English think tank has another plan: if we make a profit, we have to repay the loan, but are we short of money? Certainly not bad.

Therefore, we do not repay the loan, not to repay, but to apply for an extension.

What does that mean?

If we borrow 10 billion yuan to invest in real estate, we can earn 20 billion yuan in five years, and how much interest is there in five years? 1 billion, 2 billion yuan? Even if it is 5 billion interest, we can earn 15 billion more.

When the chiefs hear it, you are still smart!

As a result, many international banks were introduced, loans, loans, and construction......

Banks don't lend?

The chiefs have their possessions there, their money in the bank, their worth is higher than the total amount of the loan, and they have the ability to repay, so why don't they take out a loan?

At the turn of the millennium, the English think tank counted the money earned through the operation in his pocket, and felt that it was a little little, so he immediately decided to play a big game and withdraw quickly.

So an idea was given to the chiefs.

'Look, although we are developing rapidly, we are still far from the international metropolis, especially, every famous city, there are landmark buildings, that is to say, 'wonders', you look at Ge Laoer's real estate, the landmark is put at the door, and some people rush to buy it without publicity.

The sheikhs had a lot of trust in England's thinkers: what do you say?

England's Brains: Building Wonders!

Therefore, the project of Dubai Tower, the tallest building of the home star, the project of the Palm Islands, the largest artificial island of the current project, the project of the longest beach of the home star of Dubai Coast, the project of the first seven-star hotel of the home star, and the project of the most luxurious indoor ski resort of the mother star......

In just two years, Dubai smashed 700 billion Franklins.

Due to the proper operation of the English think tank, coupled with the appreciation of real estate, and the fact that the people who bought the houses are wealthy, the debt ratio of the Dubai World Group, including Dubai, is not high.

But actually......

Prices and housing prices are all fictitious prices that have been speculated through debt, and once they encounter divestment or the impact of the economic crisis in their home planet, these things will be 'cut in half', and then increase their debts.

What does that mean?

The house was originally worth 1 million, and a certain chief mortgaged it, and with some operations, borrowed 1 million from the bank.

When the financial crisis hit, housing prices were cut in half, and the house was only worth 500,000.

But if the chief has a mortgage of 1 million and the value of the collateral is less than 1 million, the bank will urge him to make up the collateral or repay 500,000 first.

As a result, the chief's assets shrank by 500,000 and his liabilities increased to 1,500,000.

It seems that the value is not high, but when it is replaced by Dubai World, the debt skyrockets, surpassing the deposits, and finally it is impossible to continue to borrow, unable to build, and the Dubai model is ended, resulting in a debt crisis.

Moreover, the chiefs forgot about the interest that accrued from the long-term non-payment of the loan, as well as the interest.

As for where all this money goes?

England's think tank, and the helper called by England's think tank, that is, the City of London.

Of course, Dubai is still far from a debt crisis and is just starting to build a wonder.

And speaking of spectacle......

Boss Ge is doing it!

.................................

Technology is progressing with demand, and after this period of adjustment, Longtian Technology has launched VR+AR combination equipment based on the first generation of AR equipment.

The device is divided into two parts.

One is the VR scene room, which can achieve 360-degree spherical full-scene playback, just like a panoramic map.

In other words, in this room, users can enjoy the recorded scene through somatosensory operation without wearing glasses.

The second device, firstly, can achieve 360-degree real-time recording, allowing users to see the recording site in the VR room, and secondly, it can project customer images to the recording site through AR technology.

In this way, it is a bit immersive.

Long Tian Lao Wang gave it a name, called: Boss Eye.

The only trouble is that even if the DPCA system adopts a data transmission method that is smaller than the data packets of the conventional system, the 'boss eye' still has high requirements for the network.

In addition, there is no Purple Bee network in Dubai, so in order to stabilize data transmission, Feiqu Tiancheng had to call a separate GLONASS signal enhancement satellite.

November 27th.

Dubai Boulevard.

A non-district Tiancheng staff member in milky white overalls, surrounded by 20 camouflage guards, pushed a wheelchair equipped with dozens of N-in-one cameras on the top and wrapped in a transparent cover on the outside, and walked onto the street.

'Boss Ge' sat in it, waving to the countless stunned Dubai people.

"Hello everyone!"

“......”

The prince, who had returned to Dubai, and the second prince, Hamdan, received the news and hurried out of the office building of the Dubai Bank.

When I saw someone who was hazy all over his body and a little distorted as a whole......

“？？？”

In 02, although Dubai is famous, this fame is caused by hundreds of billions of investments, in terms of urban construction, there is no Dubai Mall, no musical fountains, no Dubai Marina, no Palm Island series......

Many of the buildings that will be famous in the future are also under construction.

Moreover, the current LED display is expensive, and there is no purple bee network in Dubai and there is no SG projection, resulting in unpretentious streets and alleys, and the overall impression is far from the Canal Development Zone.

Well, Tiancheng's hometown is not about playing.

This is also the main reason why the three young people were shocked by the high-rise buildings in the face of the Golden Beach International Tourism City.

Seeing the Prince of Dubai and Hamdan, Ge Xiaotian coughed, "The wind and sand are really big." ”

“......”