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Duck Rabbit Illusions

By Benjamin J. Butler

 

I just returned to the UK after a somewhat grueling trip to the World Knowledge Forum in Korea, some meetings in Hong Kong and then a week in Singapore, meeting investors and business leaders. 

 

Regarding Singapore, my last stop, I sometimes feel that when I am in these bastions of capitalism and materialism that I am witnessing Pompeii before the infamous eruption of Mt. Vesuvius. That's not to pick on Singapore - I was very optimistic about this City State back in 2006 and bought real estate there despite the protestations of many local friends who said that Singapore real estate was not a good investment.

 

I also thought that it would overtake Hong Kong after the Global Financial Crisis, and it appears to be doing so. I am sure that its more international nature (Hong Kong is now too China focused) and the fact that it's part ... Log in or subscribe to continue reading.


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