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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 undated handout photograph released by the Philippine military Western Command (WESCOM) yesterday shows an aerial view of BRP Sierra Madre, a 100m amphibious vessel built for the US in 1944 and acquired by the Philippine Navy in 1976, grounded at Second Thomas Shoal in the Spratly Islands.
PHOTO: AFP

The Philippines vowed yesterday to fight China “to the last man standing,” as a Chinese warship patrolled around a remote reef occupied by a handful of Philippine Marines in disputed waters.

In the latest flare-up over competing claims to parts of the South China Sea, the Philippines this week denounced the “provocative and illegal presence” of the warship and a fleet of Chinese fishing vessels near the Second Thomas Shoal.