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Diaxde Volunteers

$100,000 per Barrel Oil

Please note that this is only an interesting thought experiment to illustrate the huge potential for oil’s price escalation.

Assumptions:

  1. Every percentage change of supply (while holding demand constant) or demand (while holding supply constant) results in roughly a 10 to 30 percent change in price. I heard that this tends to be the experience of long time commodities traders. Citation welcomed. But given that both the price elasticity of demand and supply for oil is very inelastic, this assumption sounds reasonable.

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When USSR Disintegration Meets Japan's Lost Decade

In one word – China.

The recent international media's reporting on suicides and labor unrest at the 400,000 employee Foxconn factory near Shenzhen got me thinking. Here are some gathered notes and musings:

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Newsflash

Former American Institute in Taiwan (AIT) chairman Richard Bush yesterday expressed concern about whether Taiwan’s democratic system, which he said is “polarized” and “divided,” could withstand Beijing’s efforts to bring about unification.

Before wrapping up his short visit to Taipei, Bush remarked on the state of cross-strait relations and Taiwan’s democratic system during a roundtable discussion at a symposium entitled “A Spectacular Century: The Republic of China (ROC) Centennial Democracy Forums.”

In his speech, Bush discussed how the development of cross-strait relations might have constrained the choices available to Taiwan’s political system, examining how changes to the balance of power might have impacted Taiwan’s democracy.