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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


President Ma Ying-jeou’s nominees for grand justices, left to right, National Taiwan University law professor Tsai Ming-cheng, Deputy Minister of Justice Wu Chen-huan, lawyer Huang Horng-shya and Shilin District Court President Lin Jyun-yi pose for a picture in Taipei yesterday.
Photo: Wang Min-wei, Taipei Times

President Ma Ying-jeou’s (馬英九) latest nominations for grand justices drew criticism yesterday, as Democratic Progressive Party (DPP) legislators and civic groups questioned not only his right to nominate candidates, but also whether a judge who acquitted him in a corruption case is an appropriate nominee.