It all could mean REALLLLLLLLLY bad things for Kentucky.
But, overall, the short-term reaction of the US markets, as of today, was similar to a punch in the face that you saw coming but couldn't really stop. I would even say that Dubai may have needed this knock down to change some of their financial ways.
All that being said - I think they emerge better as a result of this - the global investment community will demand it of them.
And I STRONGLY doubt anything changes with the 2010 Dubai World Cup.
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