China

We’re not just too old for war. We’re too old to avoid war. — All of the industrialized countries are getting older, slower, and maybe even a little bit dumber. Over the last 4 decades, America engaged in trade with China in the hopes of using capitalism to turn it into a free country. They passed a law to make Xi president for life…

The end of an era — Steam locomotives dominated the world’s rails for over a hundred years. Trains were stocked with coal and men had to continuously shovel coal into the firebox to keep the engine running. The result was plumes of white and black smoke and brilliant sparks that sent these trains rumbling over the…

A must-see natural phenomenon — We had planned on waking early and going for a walk along the river before breakfast, but our feet were still sore from yesterday. We figured we’d have plenty of walking today so we leisurely sauntered down to breakfast where we sat at a table occupied by two Austrian guys…

Fifty days ago, on April 1st, Shanghai began what was announced as a five day lockdown to prevent the spread of COVID. I am still in that lockdown today. To say that they have re-doubled the effort to control the virus is putting it mildly. They describe it as fighting…

In their efforts to cut off Russia’s elite from global markets, Western nations bent on punishing the country for its invasion of Ukraine may have inadvertently revealed their cards to another not-entirely-friendly world power. On Thursday, The Wall Street Journal reported that Chinese President Xi Jinping ordered senior officials to…

I usually don’t write this kind of story, but I guess it’s good idea to record this unusual experience. TL;DR : You need a direct flight to enter China, and it is rediculously expencive and rare. Begining So the story begins around March this year. My morther-in-law has been staying in…

Global investors in the private sector cut their positions in bond and equity markets. The roughly net amount of $18.6 billion outflowed this week. They also cut down the commodity sections as well. They cut down the $1.6 billion, it’s their biggest weekly net selling in 14 months.