11min clip - Why #Dubai's Man-Made #Islands Are Still Empty

Found via a digg email Text from youtube "In 2003, the construction of the multi-billion dollar investment project “The World” was announced. The man-made archipelago shaped like a map of the earth was planned to feature luxurious houses and tourist-resorts located all within just a short boat ride from Dubai. But today, more than 10 years after the completion of these islands, there is hardly anything built on them. What happened here? "