Lost Weekend Weather Report
2009's Q2 GDP results are rolling in with Germany and France now moving into positive ground, with touts that the recession is over for them. Like the rainy London weather the UK outlook still has clouds, with key economists saying the sun won't shine until early 2010. Reports from Singapore, Hong Kong and China all point to upswings but as always the mainland's figures remain so cryptic, that it's anyone's guess if the beast is overheated or still on a bull run.
Near to home property prices in Singapore look to be back to 2007 pre black October events and prices are swirling upward. As I just returned from Bangkok where the city is abuzz over the launch prices of 250,000 per square meter for the Ritz-Carlton Residences housed in Thailand tallest building which is coming up in Sathorn District. This comes at the same time when many listed property firms are seeing increases in share prices, but for many unemployment and political uncertainty continue to create on of those old hazes that came when they burnt our the rain forests in Indonesia.
Here in Phuket it appears not only is the weather catapulting from sunny days to torrential rains but that burned out tsunami buoy still needs a new battery. At last word bubble boy just left town and is currently on a cross country bike ride across China.