Washington Post,March 28, 2010 page B7:
The Irish and Chinese immigrants who built America's first transcontinental line endured scaring heat, bone wracking cold, dust storms, avalanches, cave-ins, premature detonation of explosives and Indian attacks and other hardships in American history. I was a graduate student at USF and Georgetown from 1947-1950 but I am still a self-taught lifelong student ad infinitum.
I have met kind folks and unkind people as well but I uplifted my thoughts with positive scenarios and upbeat cheer. Blessed are the meek and unfortunate encounter happened to be a blessing in disguise. I believe in peace at heart with a spiritual mind. Laughter begets longevity and my nick name is "Chang sheng" i.e. long life.
My last name is SHIEH or Hsieh(Wade-Giles romanization) or Xie(official Pin Yin)or Shea of O'Shay from my good friends of Irish ancestry. Since the phonetic sound is close enough and I don't mind at all. However,my last name has 17 strokes in the traditional way of the Chinese character or 13 strokes in the simplified form. Either way is OK with me.
Since my last name means "Thank" and I thank you for reading my blogs on March 30, 2010 at 5 a.m.
Francis Shieh a.k.a. Xie Shihao,thanks from a hero of poetry but I am not a poet but a student of economics.
Tuesday, March 30, 2010
Monday, March 29, 2010
China's role in Nuclear Power:WashPost,March 29th
On page A10,Washington Post,March 29, 2010:
China is involved in projects with the US to improve security at its civilian nuclear power plants, according to Linton Brooks, former head of the National Nuclear Security Administration. Brooks described that cooperation as fairly extensive.
Compared with the US and Russia, China has a tiny nuclear arsenal. It has less than 100 delivery systems and an estimated total of 800 warheads. USA has more than 2,000 deployed long-range warheads and 5,000 working warheads.
Francis Shieh a.k.a. a reader and a blog for Sino-American Economics of Nuclear arsenal on March 29, 2010 at 2.20 p.m.
China is involved in projects with the US to improve security at its civilian nuclear power plants, according to Linton Brooks, former head of the National Nuclear Security Administration. Brooks described that cooperation as fairly extensive.
Compared with the US and Russia, China has a tiny nuclear arsenal. It has less than 100 delivery systems and an estimated total of 800 warheads. USA has more than 2,000 deployed long-range warheads and 5,000 working warheads.
Francis Shieh a.k.a. a reader and a blog for Sino-American Economics of Nuclear arsenal on March 29, 2010 at 2.20 p.m.
Shanghai folks with freaky energy and pep
Shanghainese are always proud of Shanghai with cosmopolitan background as the center of China's culture of fashion. The brand name of Shanghai sounds impressive to folks in China and overseas as well.
The Wu dialect is spoken by 80 million folks and Cantonese circa 70 million as estimated.
Shanghai has the reputation as the melting pot gaining currency with momentum from lots of High-Rises as the gateway to be the host of World Expo from May 1 to Oct.31,2010. The Bund has been renovated with half a million folks to enjoy the view to Pudong on March 28,2010.
Teachers are respected from the Confucian tradition and heritage and the students aim to study economics with pragmatic awareness.
Book by author Jeffrey Wasserstrom: Global Shanghai 1850-2010. May be searched online.
Francis Shieh a.k.a. Xie Shihao,a native of Shanghai since 1926 and a blogger since 2000.
Monday, March 29, 2010 at 6.18 a.m.
The Wu dialect is spoken by 80 million folks and Cantonese circa 70 million as estimated.
Shanghai has the reputation as the melting pot gaining currency with momentum from lots of High-Rises as the gateway to be the host of World Expo from May 1 to Oct.31,2010. The Bund has been renovated with half a million folks to enjoy the view to Pudong on March 28,2010.
Teachers are respected from the Confucian tradition and heritage and the students aim to study economics with pragmatic awareness.
Book by author Jeffrey Wasserstrom: Global Shanghai 1850-2010. May be searched online.
Francis Shieh a.k.a. Xie Shihao,a native of Shanghai since 1926 and a blogger since 2000.
Monday, March 29, 2010 at 6.18 a.m.
Sunday, March 28, 2010
Economist Andrew M.. Kamarck's views re Economics
Prominent Economist Andrew M. Kamarck was educated at Harvard (BA, summa cum laude, 1936; Ph.D., 1951) Dr. Kamarck had a distinguished career as an economist spanning 60 years, with service in senior policy positions with the Board of Governors of the Federal Reserve, US Treasury Department and World Bank,and publication of six influential books.
In retirement,he was an Associate Fellow of the Harvard Institute of International Development.
Troubled by both the imprecisions embedded in economic modeling and the coincident marginalization of rigorous economic analyses in public policy, he became a critic of modern quantitative economics, developing these views in a series of three books:
1.Economics and the real world;
2.Economics for the 21st century; and
3.Economics as a Social Science.
Such realistic judgment is similar or identical with Professor John K. Galbraith of Harvard and Prof. Richard T. Gill as I sent my blogs in the past apropos of Political Economy,Socio-Economics and Psychology as the reflections of human behavior in the public and private sectors as solid evidence of the nature of Economics."Almost Everyone's Guide to Economics" A Review may be searched at www.Atlantic Economic Journal, September 1979 issue.
Francis Shieh a.k.a. Xie Shihao,a lifelong student citing Economics as an inexact science. Cf. "Keys for Economic Understanding""Keys to Economic Understanding" and "Work and Study Cycle Theory" www.ask.com and www.Amazon.com for reference.
Sunday,March 28,2010 at 9.30 a.m.
In retirement,he was an Associate Fellow of the Harvard Institute of International Development.
Troubled by both the imprecisions embedded in economic modeling and the coincident marginalization of rigorous economic analyses in public policy, he became a critic of modern quantitative economics, developing these views in a series of three books:
1.Economics and the real world;
2.Economics for the 21st century; and
3.Economics as a Social Science.
Such realistic judgment is similar or identical with Professor John K. Galbraith of Harvard and Prof. Richard T. Gill as I sent my blogs in the past apropos of Political Economy,Socio-Economics and Psychology as the reflections of human behavior in the public and private sectors as solid evidence of the nature of Economics."Almost Everyone's Guide to Economics" A Review may be searched at www.Atlantic Economic Journal, September 1979 issue.
Francis Shieh a.k.a. Xie Shihao,a lifelong student citing Economics as an inexact science. Cf. "Keys for Economic Understanding""Keys to Economic Understanding" and "Work and Study Cycle Theory" www.ask.com and www.Amazon.com for reference.
Sunday,March 28,2010 at 9.30 a.m.
Shenzhen investor bought Marriott of Los Angeles et al
Phoenix TV reports on Sunday morning, March 28th re the purchase of Marriott Hotel by managers of private enterprise from Shenzhen, China. Such deal is the new happening of Sino-American economics as another business deal.
In Australia,Chinese bought housing with data from 5% to 14% from past years,as reported by photos from Australia via Phoenix TV, Hong Kong.
VP Xi of China visits Sweden. The global recession of 2008-09 led to a steep drop in orders for Sweden exports especially cars and trucks. China purchased Volvo auto as a matter of mutual benefit between Sweden and China. Sweden also has nuclear capability in the past years as reported by C-Span radio this morning.
Francis Shieh a.k.a.Xie Shihao, an avid reader and watcher in order to stay informed as a lifelong student.
Sunday,March 28, 2010 at 6.55 a.m.
In Australia,Chinese bought housing with data from 5% to 14% from past years,as reported by photos from Australia via Phoenix TV, Hong Kong.
VP Xi of China visits Sweden. The global recession of 2008-09 led to a steep drop in orders for Sweden exports especially cars and trucks. China purchased Volvo auto as a matter of mutual benefit between Sweden and China. Sweden also has nuclear capability in the past years as reported by C-Span radio this morning.
Francis Shieh a.k.a.Xie Shihao, an avid reader and watcher in order to stay informed as a lifelong student.
Sunday,March 28, 2010 at 6.55 a.m.
Saturday, March 27, 2010
Wall Street Journal,Friday,March 26, 2010 Page A17
I would strongly recommend the article entitled :"US-China Trade: A win-win game"
Such article has the same rationale as I sent my blogs in the past apropos of the Law of Comparative Advantage from trade re Sino-American Economics in the global context for the benefit of consumers on earth.
Francis Shieh a.k.a. Xie Shihao on Saturday,March 27, 2010 at 12.06 p.m.
Such article has the same rationale as I sent my blogs in the past apropos of the Law of Comparative Advantage from trade re Sino-American Economics in the global context for the benefit of consumers on earth.
Francis Shieh a.k.a. Xie Shihao on Saturday,March 27, 2010 at 12.06 p.m.
WashPost,March 27,10 Divergent views for your judgment
Washington Post, March 27, 2010 on page A8: Chief executive of Lenovo said: "When Yuan is appreciated,folks are led to believe they have more money and buy more to boost consumption sector of the economy. So it is good. (sic)
Commerce Minister thinks otherwise:"China's exporters could be hurt if the Chinese currency,RMB or Yuan strengthens because it would make Chinese products more expensive overseas. We have to think about our employment and stability." Two views for reader's thoughts! What about American consumers to buy Chinese products? High prices for jobless folks to pay? Good or not really?
Well,the foreign exchange market is determined by the law of supply and demand but there may be gaps for consideration since Economics is an inexact science.(knowledge)
Health Care Reform may or may not be endorsed by folks in USA. Debatable at best!?
"Parade",March 28, 2010 on page 6:
Does America own too much? Critics of government spending are voicing alarm about the growing national debt. A study from the National Bureau of Economic Research found that public debt levels become perilous when they reach 90% of GDP. By that point, interest rates may be higher as investors demand greater returns on federal securities, while masive interest payments detract from key government functions. The interest can get so burdensome that the nation cannot afford to repair its highways or educate its children or provide other essential services," says Isabel Sawhill of the Brookings Institution. "You become a much weasker nations." According to the CBO, US public debt could approach 100% of GDP by 2020, given current spending levels and obligations for entitlement programs like Medicare, Medicaid, and Social Security. Assumptions are to be validated.
What are your thoughts? It is a matter of perception and reception as I sent my past blogs. We shall find out when the time comes. The evidence remains to be seen.
Francis Shieh a.k.a. Xie Shihao stimulating thoughts for Sino-American Economics.
The fact is China is holding the largest amount of US debt as known.
Saturday, March 27, 2010 and 10.46 a.m.
Commerce Minister thinks otherwise:"China's exporters could be hurt if the Chinese currency,RMB or Yuan strengthens because it would make Chinese products more expensive overseas. We have to think about our employment and stability." Two views for reader's thoughts! What about American consumers to buy Chinese products? High prices for jobless folks to pay? Good or not really?
Well,the foreign exchange market is determined by the law of supply and demand but there may be gaps for consideration since Economics is an inexact science.(knowledge)
Health Care Reform may or may not be endorsed by folks in USA. Debatable at best!?
"Parade",March 28, 2010 on page 6:
Does America own too much? Critics of government spending are voicing alarm about the growing national debt. A study from the National Bureau of Economic Research found that public debt levels become perilous when they reach 90% of GDP. By that point, interest rates may be higher as investors demand greater returns on federal securities, while masive interest payments detract from key government functions. The interest can get so burdensome that the nation cannot afford to repair its highways or educate its children or provide other essential services," says Isabel Sawhill of the Brookings Institution. "You become a much weasker nations." According to the CBO, US public debt could approach 100% of GDP by 2020, given current spending levels and obligations for entitlement programs like Medicare, Medicaid, and Social Security. Assumptions are to be validated.
What are your thoughts? It is a matter of perception and reception as I sent my past blogs. We shall find out when the time comes. The evidence remains to be seen.
Francis Shieh a.k.a. Xie Shihao stimulating thoughts for Sino-American Economics.
The fact is China is holding the largest amount of US debt as known.
Saturday, March 27, 2010 and 10.46 a.m.
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