Tuesday, February 2, 2010

Dubai's World Island Sinking?

The Dubai World Island archipelago is sinking, according to NASA. Needless to say there are many financial institutions and economy commentators that deny this, possibly fearing a further massive devaluing of their island property assets.




I've cropped the NASA photo and overlaid it against a photo from the end of 2007. It's obvious that a lot of erosion is taking place there. Notice that the two island clusters off the west of North and South America have disappeared and island chain that makes up Alaska and the northern coast of Canada has merged into one long island. All this in less than 3 years!
Enjoy it while is lasts guys.

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