While turmoil abounds in Europe and Germany resists writing off Greek debt and previous holders of Greek debt squawk about taking a second haircut, Moodys actually upgraded the Philippines. The Indian market has a Double top and looks more like the early stages of Japan in the mid ’80s preparing for an explosive rally. As the West is melting down, Asia is starting to rise its head above the fray. Even in Singapore real estate has continued to boom where the government has demonstrated it is willing to think out of the box and adopt some of the most practical management tools of any country on the planet.

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