Sunday, March 23, 2008

About Taiwan

Taiwan had its Presidential election on March 22. Here are some related articles lately.
3/18 Taiwan Strait Tightrope from WSJ.
3/20 Taiwan Heads for Thaw With China from WSJ.
3/22 Opposition Wins Taiwan's Election from WSJ.

Tuesday, March 18, 2008

Bear Stearns

Newsnight Video 1 and Video 2 about Bear Stearns.
Reuters Video 3.

Monday, March 17, 2008

Greenspan on the Current Financial Crisis

Alan says that we will never have a perfect model of risk but adding "animal spirits" factor might help.

Krugman on Current Financial Crisis

Krugman has a pretty comprehensive view for the US credit crunch now.

A Typical Chinese Factory

From this video, we can see the perfect example of two factors of a production function: labor and physical capital. China has a lot of them.

Introduction to Balance Sheet

A Video for Balance Sheet about Buying Housing.

Feldstein and Meltzer on Current Economy

A video forum.

Friday, March 14, 2008

Tuesday, March 11, 2008

The Inequality Myth

The inequality Myth by Brad Schiller.

Term Securities Lending Facility

The Federal Reserve announced today an expansion of its securities lending program.
It is called Term Securities Lending Facility (TSLF).

Tuesday, March 4, 2008

Interview with Warren Buffett

CNBC had a long interview with Warren Buffett.
Transcript 1, T 2, T 3, T 4, T 5, T 6, T 7, T 8, T 9, T 10, and T 11.

In T 2, Warren mentioned the company in Winona but the host didn't know it.

Q: Among the CEOs within the universe of publicly traded companies in which Berkshire doesn't have an ownership position, which CEO do you believe is doing the best job on behalf of shareholders?
A: Well, there's a number of them. The fellow at Fastenal has done a very good job.
Q: I'm sorry. Which company?
A: Fastenal.

Monday, March 3, 2008

The Global Status of Dollars

A nice article from WSJ about the current status of dollars.