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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

Members of the Formosa Nation Legal Strategy Association protest in front of the American Institute in Taiwan in Taipei yesterday.
PHOTO: CNA

More than 300 protesters gathered in front of the American Institute in Taiwan (AIT) yesterday to urge the US to recognize Taiwan as an incorporated territory and assume full authority for its “military occupation.”

Waving a self-designed US Military Government flag — the shape of Taiwan superimposed on a US flag — the protesters, led by attorney Roger Lin (林志昇), chanted anti-government slogans and called for the expulsion of the Republic of China (ROC) “government-in-exile.”