The Dubai Problem

The news that the sovereign wealth fund of Dubai requested a postponement of billions of dollars of debt this week could pose a big problem for U.S. banks.

The tiny country of Dubai holds the sixth largest oil reserves and with friendly relation with the West were well on their way to becoming an international center of money and power until gluttony overcame reason. Dubai is at the top of the Tower of Babel.

The Midrash-Book of Metaphor says the top of the tower burned and those inside died because they were the ones making war on God–wanting to make a tower so high that could be seen from around the world–Dubai sports the highest building in the world, the Burj/Tower.

The Tower can no longer meet their obligations and all those who depend on the Tower are suddenly experiencing the strange sensation of insecurity, pity. The world is beginning to reassess the meaning and worth of money; rich people who have exploited the world for their own avarice are no longer held in esteem.

The Torah extolls the human being beyond all other creatures or elements because of our freedom to chose and our ability to articulated thoughts into speech.

All of the resources and animals of the world rely upon our good judgment.