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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

Statements have been entered into the US Congressional Record to mark the 66th commemoration of Taiwan’s 228 Massacre.

New Jersey Democratic Representative Robert Andrews and New Jersey Republican Representative Scott Garrett are leading a call for all members of the US Congress to lend their names to “commemorating this important historical event.”

In separate statements published in the Congressional Record, Andrews and Garrett recounted the history of the massacre.