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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

American Institute in Taiwan (AIT) Chairman Raymond Burghardt met Democratic Progressive Party (DPP) Chairperson Tsai Ing-wen (蔡英文) yesterday, with their talks focusing on cross-strait trade deals and Taiwan’s relationship with the US.

AIT Director William Stanton accompanied Burghardt, who is on a four-day trip to Taiwan to brief officials on US-China developments following a state visit to Washington by Chinese President Hu Jintao (胡錦濤) last week.