It wasn’t long ago that Dubai was being heralded as the worlds next great mega city. Now as the world’s economy sputters it appears that many of the projects in Dubai are going sour.

Over the last several months as the world economy began to shrink, little attention was paid to Dubai, which is surprising considering how much attention it was receiving at this time last year. However, this all changed when publications like The New York Time’s and Walletpop began publishing critical articles of the island loving nation.

It has been revealed that many of Dubai’s projects have been delayed if not stopped all together. It was just months ago that I discussed how famous Queen Elizabeth 2 ocean liner, was supposed to become a floating luxury hotel, but now it looks like she may end up on the scrap heap. In addition plans for Dubai versions of four American theme parks, including a Busch Gardens and a SeaWorld which were to be built on an artificial island shaped like Shamu, are now at risk for being cancelled.

It disapointing to see these man made islands suffering, but it does seem to prove that natural islands are a better investment. To read more about the economic crisis in Dubai visit Wallet Pop or watch the video above.