10 Emerging Financial Destinations

With the world financial markets in a free fall for the last decade it seems almost, things are starting to change at the top. New York and London being the big financial centers may be taking a bit of a turn as new markets start to emerge.

You can still get cheap hotels in orlando if you were worried about them making the list, but a few new ones are starting to creep up that you may have heard of before.

Of course, New York, London and other leaders aren't going away anytime soon. But as Western power declines, banks could increasingly favor Hong Kong and Sao Paulo, say, for their operations and investments.

These are in no particular order it appears, but here are 10 emerging financial centers.

YouTube, Facebook Spark Copycats, Bubble Fear in Silicon Valley

The tech bubble back in the 90s was a thing to behold. That was when I was getting into the financial advisory field and the market trading was best described as "crazy". Shares of companies that had incredible losses quarter to quarter were trading in ranges based on future potential of hundreds of times their earnings. Then in 2000 the market took us into a depression. HAve we learned our lesson?

Feb. 23 (Bloomberg) -- A murmur of recognition ripples through the standing-room-only crowd at San Francisco's Commonwealth Club of California as Mark Zuckerberg steps on stage.

He looks like your average college kid, in his green Urban Outfitters T-shirt, jeans and Adidas flip-flops. Yet Zuckerberg, 22, is royalty to the Webheads who have assembled on this cool November evening to hear him speak on ``Defining the Self in a Virtual World.'' read more...