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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

Supporters of former president Chen Shui-bian perform a skit to protest against his continued detention yesterday outside the Taipei District Court, where Chen appeared in the final stage of his trial on corruption charges.
PHOTO: CHIEN JUNG-FONG, TAIPEI TIMES

Former president Chen Shui-bian last night began to make a statement at the end of his trial on money laundering and corruption charges at the Taipei District Court.

As of press time, Chen was still addressing the court.

After asking whether there was a time limit, the former president began to speak for the first time in weeks, almost entirely in Hoklo.