Kippreport gets the scoop from Neelesh Bhatnagar, CEO of Emax, and Nadeem Khanzadah, head of omnichannel retail at Jumbo GroupSeptember 2, 2015 5:24
Goodbye, cruel World!
Kipp is thinking that a sinking of the World islands in Dubai may be no bad thing.
January 20, 2011 4:23 by shafeer
In their infamous book The 48 Laws of Power, Robert Greene and Joost Elffers deliver a guide to obtaining and using power in this world. It’s become a kind-of business manual for those success driven types (clearly not Kipp), who probably also own a copy of The Art of War.
Anyway, in the list of 48 laws, law number 10 basically states: Avoid the unhappy and the unlucky. It’s based on the idea of infection – if you spend time with unhappy or unlucky people they will infect you with their unhappiness and bad luck, no matter what you do. Even if it’s your intention to help change their luck or their happiness, you will fail. Never kid yourself, or be under any illusions, they will bring you down.
[It’s similar to a phrase often uttered by a former colleague: “How can I soar like an eagle when I’m surrounded by turkeys?” He left shortly after. Funny that. Presumably he meant everybody bar Kipp.]
The 10th law of power comes to mind as we read that a dispute has flared up over the state of Dubai’s The World islands. The Dubai World Tribunal, which is hearing all cases regarding the indebted conglomerate, has been told that the World islands are eroding and its navigation channels are clogging up with silt. The allegations come from a company hired by the developer to ferry goods and people to and from the development. “The islands are gradually falling back into the sea,” said Richard Wilmot-Smith QC of London, who is acting on behalf of Penguin Marine.
The Tribunal rejected the claim from Penguin Marine, apparently, though it has yet to fully explain its decision. Meanwhile a spokeswoman for Nakheel told the National: “The World islands is not sinking, and our periodical monitoring survey over the past three years didn’t observe any substantial erosion that requires sand nourishment.”
What Kipp is thinking is this: The project has been so troubled, and has become so emblematic of Dubai’s real estate crisis, and is seemingly so far from any serious development that it may be best for everyone if it slips quietly back into the sea. With the kind of luck the World has demonstrated so far, Dubai might be better off.
What do you think? Can the World overcome all its problems?