Today, I am writing this post from Japan. I had a chance to speak with a Japanese colleague about the general financial crisis in the developed world, particularly as relates to Japan and the U.S.. In this post I simply would like to share that conversation. It started out with him telling me the Japanese government is trying to take austerity measures to address the … [Read more...] about A Japanese view of the U.S. national debt
economy
Aloha from the island of Kauai
Kauai is one of the most beautiful places on planet earth. I have just returned from a one week vacation on the island with my family. The vacation has given me a chance to step away from blogging and put a pause on every day life. You might begin to wonder how this post is going to relate to China. While on Kauai, a number of thoughts did occur to me. Before getting into … [Read more...] about Aloha from the island of Kauai
Translation: What Travesty does the Award of the Nobel to Liu Xiao Bo Reveal?
Here is a translation of an op-ed from a Chinese blog about Liu’s Nobel that we at FM found interesting. So here goes the news again: Public Enemy Number One in China, Liu Xiao Bo, has been awarded the Nobel Prize! Not sure where that infamous title of Liu came from. But this latest Nobel prize must be giving people in the U.S. quite a laugh. The award of a Nobel to Liu … [Read more...] about Translation: What Travesty does the Award of the Nobel to Liu Xiao Bo Reveal?
The current global imbalance, a fight between rich and poor
Despite the moral posturing and smearing campaign against China in the Western media on the currency valuation issue, the essence of the current rebalancing of our world economic system is a fight between the rich and the poor (and between the rich themselves). The U.S. really doesn't have this currency valuation issue all that together. Here, NYT reports "Currency Rift … [Read more...] about The current global imbalance, a fight between rich and poor
the 8th Asia-Europe Meeting (ASEM)
The 8th Asia-Europe Meeting (ASEM), a bi-annual event (the previous was in Beijing in 2008), just took place on October 4th and 5th in Brussels, Belgium. It was a big deal. Asia and Europe represent 60% of humanity and 60% of global trade. I like how ASEM state their mission. Below is part of it: … [Read more...] about the 8th Asia-Europe Meeting (ASEM)