Sunday, May 4, 2008

Wall Street Journal,May 3-4,08 Page A10

A hospital charges $45,000 for lab tests and demands an additional $60,000 to admit a woman to be treated for cancer. Just imagine the cost in USA to be compared with the cost in China for comparisons for economics of health.

Disney's theme parks and resourts have held up surprisingly well owing partly to an influx of international visitors taking advantage of the dollar's prolonged weakness.

The US currency contributes to rising energy prices because oil is priced in dollars. It also leads some investors to buy commodities to protect against the threat of inflation such as precious metals like gold and silver or copper. America needs long-term economic thinking since we'll be around ad infinitum in the field of economics.

Disney in Hong Kong is OK and there are plans to titilate the fancy for a new one in Shanghai under discussion.

Francis Shieh a.k.a. Xie Shihao with thoughts of making comparisons of USA and China.

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