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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


Alliance of Referendum for Taiwan convener Tsay Ting-kuei speaks outside the Taipei District Prosecutors’ Office yesterday in defense of National Taiwan University student Hung Chung-yen and several others who took part in a demonstration outside the Zhongzheng First Police Precinct headquarters on April 11 and who were summoned for questioning about the protest yesterday.
Photo: Chien Lee-chung, Taipei Times

Civic and human rights groups yesterday rallied outside the Taipei District Prosecutors’ Office as several participants in the April 11 demonstration outside Zhongzheng First Police Precinct headquarters arrived for questioning.

Activists from the Judicial Reform Foundation, the Taiwan Association for Human Rights, the Restoration of Taiwan Social Justice, Taiwan Forever and the Taiwan Association of University Professors held placards and flags, and chanted slogans accusing the government of acting unconstitutionally.