McCain . Palin . Obama . Biden .
Of course… talk of whether McCain or Obama have greater support for Taiwan seems somewhat surreal to my mind - given another 4 more years of the present Republican party, America may not even exist anyway :-)
Elsewhere … Korea finds out the long-term costs of fueling an economy with high levels of debt.
“The won, which is already the world’s worst-performing major currency this year with a loss of 26 per cent, will weaken to 1,400 to the dollar as Korea struggles to refinance its short- term debt, CFC’s chief investment strategist Dariusz Kowalczyk wrote in a report Monday. The last time the currency breached that level was amid the Asian financial crisis, in 1998, when the won lost half of its value.”
Oh, and the FTSE is having the *3rd* worst day in all of UK history…. yawn. This crisis is getting boring.
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Friendship is shameful, unless based on deceit?From: taoyuan-nights.com
Post Date: 2008-03-13 09:17:33
I wrote a post about how it seems that the desire for friendship, purely for the sake of friendship itself, seems to be considered shameful in Taiwanese society; instead, it seems necessary that you must have some ‘justification’ for seeking contact with other people - research, language exchange, employment or whatever. Dating is considered an even more extreme form of this situation.
The idea that I should avoid seeking friends for the sake of friendship, is one that I’m n...
more Mum in Taiwan!From: taoyuan-nights.com
Post Date: 2008-04-27 08:59:37
My mum came to Taiwan for 2 weeks recently to visit me and see a little of the island.
She had a great time - all my friends were really nice to her, and helped me to show her some cool places. I saw a few new places myself, too..
Mum, Leila, Ethan, and their children, shopping in a giant mall in Zhongli.
Exploring Taoyuan city centre
Tasting shui jiao (dumplings) for the first time, near Taipei Main Station.
Taipei City Hall area.
...
more LOL @ Shanghai.From: taoyuan-nights.com
Post Date: 2008-04-17 07:49:54
I wrote last October that I thought Shanghai’s stockmarket had reached truly epic levels of silliness, with price to earnings ratios being many times higher than that of developed countries, but with considerably higher risks and not obviously higher rewards.
Since that post, the Shanghai stockmarket has fallen almost 50% .
The FT article (linked above) is quite interesting. It’s becoming quite normal to see 5% drops each day in the Chinese stockmarkets.
Of ...
more Taiwanese inflation officially at highest in 14 years.From: taoyuan-nights.com
Post Date: 2008-08-05 14:30:55
News just in: Taiwanese inflation hits 6% (officially, of course - in the real world outside of politics, it’s far worse). Higher inflation means that lenders require higher interest rates to compensate them for the devaluation of the money they are lending - or they simply don’t lend. And higher interest rates mean… more problems for the housing market, besides the more obvious problem of people choosing to feed themselves, rather than starve in order to make th...
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