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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

Opponents and supporters of a bill that would allow Chinese spouses to obtain Taiwanese citizenship in four years instead of six staged protests near the Legislative Yuan in Taipei yesterday morning.

Those who oppose the bill proposed by the Chinese Nationalist Party (KMT) demanded that Chinese spouses be granted citizenship only after renouncing their Chinese citizenship, passing a citizenship test and pledging allegiance to Taiwan.

The demonstrators, who were protesting at a side entrance to the Legislative Yuan on Jinan Road, were mostly members of the Taiwan Association of University Professors and other organizations advocating Taiwanese independence.