NFT: UAE to build first city on Mars by 2117

Hopefully the race survives that long.

And wanted to come to a place like Earth. Fine. But the other way around? Sheeesh.

out and everyone dies.

??

There has been a lot of recent talk about missions to the asteroid belt, also. That could provide an intermediary stop for refueling, maintenance, etc.

There are also so many precious metals stored inside some of the asteroids that they could have a profound warping effect on the world's economy.

To find Kuato who will reveal the atmosphere making mechanism before Cohaagen does. Also I hope Richter uses his hands a lot before losing them in a bizarre elevator accident.

destroy the earth by 2116, commence fucking over the rest of the solar system starting 2117! yay progress!

If they don't figure out how to diversify their economy away from oil, in 100 years they might not have the money to get to Mali, much less Mars.

But as the world works towards renewal energy sources (like hydrogen), will they still have the money a 100 years from now?

In comment 13366169 Jim in Fairfax said:

Quote:

If they don't figure out how to diversify their economy away from oil, in 100 years they might not have the money to get to Mali, much less Mars.

UAE is very diversified and not oil production dependent. IIRC, they are a big banking center for the middle east.

it forward enough that no one would survive to call them out on it. I thought peak oil was happening sooner? a little late?

In comment 13366188 Beer Man said:

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But as the world works towards renewal energy sources (like hydrogen), will they still have the money a 100 years from now?

If they start building the infrastructure for space colonization and mining they will be richer then they are now in 100 years. 1 asteroid can be worth well over $1 trillion.

so they can all get along

they double super swear that they'll finally give passports back to their Pakistani "workers"

Quote:

"Not so pie in the sky...the UAE has the money to do this

Do they? They have the GDP of Pennsylvania. With a higher per-capita rate, sure. But still, not a mega economy. A dollar is a dollar is a dollar. Moreover, I dont think section is correct. Dubai is less reliant on oil but overall UAE economy is still 80+% oil. And as Beerman points out, that is a product that could become more niche in the future.

.

women

In comment 13366444 Deej said:

Quote:

Quote: "Not so pie in the sky...the UAE has the money to do this Do they? They have the GDP of Pennsylvania. With a higher per-capita rate, sure. But still, not a mega economy. A dollar is a dollar is a dollar. Moreover, I dont think section is correct. Dubai is less reliant on oil but overall UAE economy is still 80+% oil. And as Beerman points out, that is a product that could become more niche in the future.

UAE oil/gas is 40% of GDP according to the link. Some of the Emirates don't have oil/gas. Some do.
Most of the Emirates are looking post oil production for their future - mostly commerce.
UAE Facts - ( New Window )

In comment 13366590 section125 said:

Quote:

In comment 13366444 Deej said: Quote: Quote: "Not so pie in the sky...the UAE has the money to do this Do they? They have the GDP of Pennsylvania. With a higher per-capita rate, sure. But still, not a mega economy. A dollar is a dollar is a dollar. Moreover, I dont think section is correct. Dubai is less reliant on oil but overall UAE economy is still 80+% oil. And as Beerman points out, that is a product that could become more niche in the future. UAE oil/gas is 40% of GDP according to the link. Some of the Emirates don't have oil/gas. Some do. Most of the Emirates are looking post oil production for their future - mostly commerce. UAE Facts - ( New Window )

Says "About 40 per cent of the country’s gross domestic product is directly based on oil and gas output."

Which begs questions. What is meant by "directly"? What about indirect -- a hotel or food truck that only exists because of the petro industry customers? And what about the stuff that isnt oil and gas but would dry up without oil and gas money? Is UAE really going to be a vacation home destination 25 years after oil dries up, or is all sorts of tourism, housing, and education business flowing to these little sheikdoms right now because of massive subsidies and temporary global relevance? I give UAE credit for investing to try to get away from oil and towards a vibrant, diversified economy. I just reserve judgment.

Also, I note that the same OPEC website says oil/gas is responsible for just 50% of the Saudi GDP. I think there is just a natural limit even for petro states. You still have food, housing, plumbers etc.