There are two reasons for this
These so-called royals thinks that they are amoung the most genious persons on the planet and secondly, they only take what suits them..i.e. if a consultant advice them something keeping the ground reality in mind, they will not listen to him and most likely they’ll fire him… whereas consultants who can keep them in their dream world and tell them that the bearish trend is just because global financial recesion and one day it will go away can charge them in millions..
This attitude can never solve anyone’s problem… had the global recesion not happened Dubai was still a bubble which could have exploded…USD 80 Billion is little too high as a debt on one of the seven emirates on UAE..