Thursday, August 6, 2009

Hillary Clinton began a major trip to Africa: Coincidence with China's interest

Several days ago,I sent my blog apropos of China's interest in Africa to be of reference to US.

Washington Post,August 6, 2009 on page A9: US interest in Africa for economic growth via trade. Trade will always benefit the nations based on the Law of Comparative Advantage.

In the name of globalization,both US and China would be benefited via more contacts with Africa to reap harvest for better understanding in economic growth.

Page A13: Congress will need to raise debt ceiling. Such ceiling is always subject to change.

Such happenings have occurred in the real world as evidence with the macro-economics. The Congressional Budget Office estimates that the policies laid out in the budget would require the government to borrow an additional $9 trillion over the next decade.

Chairman of CEA Christina Romer will give an address for an assessment of the American Recovery and Reinvestment Act at the Newseum. Her forecast will be positive and I would share such scenario as an independent watcher. However, upcoming evidence would be the real outcome of such an Act. Economics is a social science of changes and choices.

Hawaii Five-O: America's 50th state celebrates its 50th anniversay this month. Kilauea, on the big island, is one of the world's largest and most active volcanoes with luau about other islands such as Niihau, Kauai, Maui, Oahu, Molokai, Lanai and Kahoolawe.

Francis Shieh,an octogenarian honorary citizen of the City of Honolulu and the State of Hawaii with gusto as moxie(modeling after XIE) with poetic vigor i.e. "shihao" in Pin Yin system of romanization.

For Arts buff, a rising art scene is helping to reinvigorate a native culture steeped in the rich history of a fallen kingdom. Chinese language is a form of art(calligraphy) and music(tones in Mandarin) "A Glimpse of the Chinese Language" is available free of charge in PDF format at www.rand.org for cultural enrichment in art and music. When I met strangers at the airports in Cincinatti,Indianapolis,Detroit and Baltimore,they greeted me with "Nihao" Here we can detect the popularity of the Chinese language to folks in USA.



Thursday, August 6, 2009 at 12.42 p.m.

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