AMA 92 - Editor of Stray Reflections - Jawad Mian

Published: Oct. 8, 2014, 3:06 p.m.

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Today\\u2019s American Monetary Association program features the founder and editor of Stray Reflections, Jawad Mian, as a guest. He and host, Jason Hartman discuss the current and potential state of Dubai and the rest of the United Arab Emirates before moving on to consider some of the biggest consumer investment issues facing today\\u2019s society and looking at the future of bitcoin.

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Key Takeaways

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05.00 \\u2013 A lot of the developments and changes happening to Dubai are to provide the desired lifestyle for the growing expatriate community there.

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08.00 \\u2013 Each of the Emirates in the UAE has different societal structures which lead to a different overall feeling of the country.

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15.00 \\u2013 Tourism remains one of the largest and most profitable industries in the Middle East.

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17.20 \\u2013 Transportation and particularly transportation of goods or consumer items is one of the biggest draws in oil reserves.

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18.30 \\u2013 In some ways, bit-coin seems attractive as an alternative currency, but the FBI and the IRS\\u2019s insistence that it is taxable property definitely alters some people\\u2019s view of it.

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22.00 \\u2013 The volatility of bitcoin as a prospective currency makes it particularly unattractive to merchants.

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25.30 \\u2013 The alleged main aim of bitcoin is to have an economy free from the government, but in the event of any incidents occurring, the only way they could get out from it is with government assistance.

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27.10 \\u2013 For more information about investing strategies and themes, head to www.stray-reflections.com

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