"I assumed if all these big companies come here, it must be pretty like (sic) Canada's or any other liberal democracy's," she says. Nobody told her there is no concept of bankruptcy. If you get into debt and you can't pay, you go to prison.Karen's living in a car now, hiding out in various Dubai car parks. Just like many other trapped expats who can't escape the country.
Question: Since Sheikh Mo is the biggest Dubai deadbeat of them all, how come he's not in prison?
Update: Bob says I am being too harsh towards Karen. Like many of us I have seen (and am currently seeing) some tough times. I am the last person to kick an honest person when they are down and out. But Karen's story doesn't pass the smell test.
The "facts" conflict. She says her hubby is in prison for 6 months. Then it's 9. The "brain cancer made my husband make bad financial decisions" thing sounds a lot like "the dog ate my homework." They are from Canada. Dunno about you, but if I was diagnosed with brain cancer I'd be on the first flight back to Canada for treatment. Instead, he stayed on the job in Dubai and then resigned. Why didn't they fly back home for immediate treatment and make their escape while he was still employed, before Dubai's draconian debt laws would take hold?
The odds that a writer would just happen to stumble across a couple who made stupid financial decisions because of "brain cancer" are pretty remote. In fact, this is the first time I've seen this used as an excuse. In the hundreds (if not thousands) of stories we've all seen over the past few years regarding the US housing bubble, not once have I seen "brain cancer" being used to explain the stupid decisions of a real estate speculator.
Face it: Karen and her hubby got greedy in a foreign country which has drastically different laws. They rolled the dice, failed, then ginned up a desperate excuse.