London, UAE: Reflections On An Asset Bubble?

With the global financial crisis long put to bed – at least for some demographic segments – a recent work by emerging video artist and Mediolana Creative Director & CSO Asad Yawar serves as a reminder that not all the lessons that might have been learned from the fiscal farrago may have been internalised. London, UAE (15th March 2014) is a simple, single-shot movie which takes in a moving panorama of a sea of cranes typical of those which have sprung up in the United Kingdom’s capital in recent years. As city neighbourhoods previously only known to afficionados and the down-at-heel are colonised by impersonal and often distant forces – making parts of London’s skyline resemble that of cities like Dubai or Shanghai – it is tempting for the viewer to think about the implications of yet another asset bubble popping its detritus on unsuspecting societies; however, it is not clear from the piece whether this is the artist’s intention.

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2 Comments

Filed under Economics, Finance

2 responses to “London, UAE: Reflections On An Asset Bubble?

  1. Here in the UK we’re addicted to property. Are we wise enough not to have another property bubble?

    Also I like the political use of Vine. A short documentary-like meaningful statement on something everyone needs to know about. Reminds me of the good old days of Network 7.

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