Posted Oct 29, 2013 by Martin Armstrong
The three main countries where capital has been hiding not for taxes, but for sheer safety are Switzerland, Singapore, and Dubai. Yes, the Arab Spring has turned up political unrest and uncertainty in the Middle East. Turmoil has hit Egypt, Libya, and Syria just to mention a few. Throughout the region people are looking for a safe spot to just park their money. This has fueled a building boom in Dubai that is not likely to peak until 2015.75 as is the case in Switzerland and Singapore all where real estate prices have been booming.