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Diaxde Volunteers

Taiwan in the Space Age

Exactly 40 years ago today, July 20th, Neil Armstrong took his “small step” that is really a huge leap for humanity. The positive repercussion of his step is about to get much bigger. In this very special 40th anniversary of we – the earthlings’ – moon landing, I like to celebrate with several of my observations. And relate my observations and predictions to what role can Taiwan play in the space age.

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$100,000 per Barrel Oil, Part II

The solution for high oil price is high oil price. That is the reason why a thought experiment like this is worthy of conducting. When I wrote “$100,000 per Barrel Oil” last July, I was unaware of economist Jeff Rubin and his bullish outlook on oil; nor was I aware of his book, Why Your World Is About to Get a Whole Lot Smaller: Oil and the End of Globalization. The following quote prompted me to draft up another variation of my very simple back-of-the-envelope model for estimating the peak price in the current raw materials secular bull market:

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Newsflash

Academics yesterday criticized a proposed amendment to the Regulations Governing the Approval and Administration of Direct Cross-Strait Sea Transport between the Taiwan Area and the Mainland Area (臺灣地區與大陸地區海運直航許可管理辦法), saying that President Ma Ying-jeou’s (馬英九) administration is threatening national security by allowing “all kinds of Chinese ships to navigate freely in the waters around Taiwan.”

The Act Governing Relations between the People of the Taiwan Area and the Mainland Area (臺灣地區與大陸地區人民關係條例) states that no Chinese vessels may enter restricted or prohibited waters in Taiwan’s territory unless permitted by the relevant authorities.