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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

Six US lawmakers have sent a joint letter to US Vice President Kamala Harris, urging her to meet with Vice President William Lai (賴清德) during his stopovers in the US on the way to and from Paraguay next month.

Lai is to lead a delegation to attend the inauguration of Paraguayan president-elect Santiago Pena on Aug. 15.

While US Secretary of State Antony Blinken said that Lai is expected to “transit the United States on both the incoming and outgoing legs” of the trip, neither government has disclosed Lai’s itinerary in the US.