It’s an absolutely true statement. Each time I’m in Asia, I’m overwhelmed at not only the massive opportunity that abounds for productive, creative, intelligent people, but also what a huge difference there is in cultural sentiment.

 

From Singapore (where I just departed last night) to Vietnam to Mongolia to the Philippines, Asia is full of optimism and confidence, not doom and gloom.

 

The reason is simple. Asian economies are based on production and savings. Western economies are based on consumption and debt. The market is simply reshuffling wealth, capital, and opportunity appropriately.

What’s nice is that, like our ancestors before us who moved abroad in search of a better life, anyone can choose to take advantage of this trend.

For someone seeking employment, for example, Asia is full of prospects for both workers and professionals. English teachers are in incredibly high demand across the continent. Experienced professionals are routinely awarded with handsome executive compensation, raking in huge salaries from Abu Dhabi to Beijing.