What is Dubai’s development strategy?

1. What is Dubai’s development strategy?
2. Could we see Dubai’s crisis coming? Analyze the indicators of potential risk for the bondholders.
3. What should Sheikh Maktoum and the Dubai’s Supreme Fiscal Committee do about the debt of Dubai World? Should they:

a. Guarantee the debt?
b. Restructure it?
c. Walk away?
4. As an investor: would you have sold your bonds before December of 2009?
(answer the question label 1,2,3a,3b,3c,4)