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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

(From left to right) J P Sharma, co-convener of Core Group at Delhi, Vijay Kranti, Core Group’s national co-convener, and Lama Choephel Zotpa, National Co-convener, Core Group for Tibetan Cause addressing the press in Dharamshala on June 11, 2012. (Phayul photo/Norbu Wangyal)

DHARAMSHALA, June 11: At the conclusion of the three-day Fourth All India Tibet Support Groups Conference, organisers today said that Indian supporters will hold a massive rally for Tibet in the Indian capital New Delhi this coming February in commemoration of 2013 as the “Year of Tibetan Independence.”

“A massive rally will be organised in February in the Indian capital in which Indian Tibet support groups and supporters will actively participate,” Vijay Kranti, a long time Tibet supporter and one of the core conveners of the conference said. “We expect over one hundred-thousand supporters to take part in the rally.”