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$100,000 per Barrel Oil

Tuesday, 15 June 2010 08:58 Leo Wang Editorials of Interest - Diaxde Volunteers

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

Friday, 11 June 2010 11:59 Leo Wang Editorials of Interest - Diaxde Volunteers

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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Page 2 of 5

Newsflash

A strong feeling of community is a prerequisite for Taiwan’s freedom. Taiwanese are, for very good reasons, proud of their country and this contributes to a sense of community. This sense of community was displayed in London during the Olympic Games when Taiwanese reacted strongly to the removal of their flag in London’s busy Regent Street.

However, as such a reaction is not enough to ensure Taiwan’s continued freedom, Taiwanese should engage themselves more in political debates.