We Sent Our CEO To Dubai’s Supercar Junkyards
Business Explains The World
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We Sent Our CEO To Dubai’s Supercar Junkyards
1 378 779 просмотров · 9 месяцев назад
Business Explains The World
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1 378 779 просмотров · 9 месяцев назад
Why are Dubai's junkyards full of abandoned supercars? The internet blames expats fleeing debt — but that's only part of the story. Dynamo CEO and Business Explains the World host Nicholas Carlson traveled to Dubai to uncover how it became the global trade machine it is today, and why that same system explains the dust-covered Ferraris in its deserts.
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Check out the book we read to research this episode here: https://amzn.to/4eBISO4
0:00 Supercars in a Dubai junkyard — what are they doing here?
1:00 The “internet theory”: expats and debts
2:15 Dubai really is car-obsessed
2:47 Debt in Dubai can get scary fast
5:35 Bigger clue: it’s not just supercars
5:51 How did Dubai become Dubai?
7:36 1440 ad
8:53 Dubai’s merchant history
12:00 The moral ambiguity of openness
14:52 Why junkyards thrive: Dubai moves cars
16:45 How “totaled” cars end up here
17:41 The engine: cheap migrant labor (and the darker side)
19:07 Another factor: international car theft
21:11 The answer: the same logic that built Dubai built these junkyards