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Diaxde Volunteers

Taiwan in the Space Age

Exactly 40 years ago today, July 20th, Neil Armstrong took his “small step” that is really a huge leap for humanity. The positive repercussion of his step is about to get much bigger. In this very special 40th anniversary of we – the earthlings’ – moon landing, I like to celebrate with several of my observations. And relate my observations and predictions to what role can Taiwan play in the space age.

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$100,000 per Barrel Oil, Part II

The solution for high oil price is high oil price. That is the reason why a thought experiment like this is worthy of conducting. When I wrote “$100,000 per Barrel Oil” last July, I was unaware of economist Jeff Rubin and his bullish outlook on oil; nor was I aware of his book, Why Your World Is About to Get a Whole Lot Smaller: Oil and the End of Globalization. The following quote prompted me to draft up another variation of my very simple back-of-the-envelope model for estimating the peak price in the current raw materials secular bull market:

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Newsflash

An unidentified Tibetan monk self-immolates in Kathmandu, Nepal on February 13, 2013, the day marking 100 years of the declaration of Tibetan Independence by His Holiness the 13th Dalai Lama.

DHARAMSHALA, February 13: A Tibetan monk today set himself on fire today near the holy stupa of Boudhanath in the heart of Nepalese capital city Kathmandu.

In a photo received by Phayul, the monk could be seen engulfed in towering flames. No further information is available on the identity of the monk or his condition, although our sources in the region fear for the worst.

According to eyewitnesses, the monk was severely burned and was later rushed to a hospital.