- Oct 22 Fri 2010 23:47
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Salar de Uyuni
- Oct 17 Sun 2010 02:14
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111
Currencies dominated this year’s annual meetings of the International Monetary Fund. More precisely, two currencies did: the dollar and the renminbi, the former because it was deemed too weak and the latter because it was deemed too inflexible. But, behind the squabbles, lies a huge challenge: how best to manage the global economic adjustment.
In his foreword to the new World Economic Outlook, Olivier Blanchard, the IMF’s economic counsellor, states: “Achieving a ‘strong, balanced and sustained world recovery’ – to quote from the goal set in Pittsburgh by the G20 – was never going to be easy . . . It requires two fundamental and difficult economic rebalancing acts.”
The first is internal rebalancing – a return to reliance on private demand in advanced countries and retrenchment of the fiscal deficits that opened in the crisis. The second is external rebalancing – greater reliance on net exports by the US and some other advanced countries and on domestic demand by some emerging countries, notably China. Unfortunately, concludes, Professor Blanchard, “these two rebalancing acts are taking place too slowly”.
We can consider this rebalancing on two dimensions. First, the erstwhile high-spending, high-deficit advanced countries need to de-leverage their private sectors on the journey to what Mohamed El-Erian of Pimco, the investment company, called “the new normal”, in his Per Jacobsson lecture. Second, the real exchange rates of economies with robust external positions, strong investment opportunities, or both, need to appreciate, while expansion of domestic demand offsets the consequent drag from net exports.
Aggressive monetary policy by reserve-issuing advanced countries, particularly the US, is an element in both processes. The cries of pain now heard around the world, as markets push currencies up against the dollar, partly reflect the uneven impact of US policy. Still more, they reflect the stubborn unwillingness to accept the needed changes, with each capital recipient trying to deflect the unwanted adjustment elsewhere.
- Aug 20 Fri 2010 00:56
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Solanin (2010)
- Apr 13 Tue 2010 11:06
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鴨川荷爾摩：阿呆滿開! 白爛電影萬歲!!!
其實已經看完原著在去看（我不大想受到電影圖像的影響，讓我無從產生自己閱讀小說的mental image），所以電影要怎麼演的梗都摸的差不多了。但是我還是要說這電影還是太可愛了～太可愛的電影了啦～我已經把這個Quota用完了，後面的節目怎麼辦？「為什麼讓我看到這麼白爛又好笑的電影啊～要是我以後看不到怎麼辦啊？」
從小說視覺化到電影，這一派演員真的「白爛的很認真」，電影就已經成功一半了，我當然特別留意GoGo 栗山千明，印象中還真沒看過她的扮醜喜感演出，制服女高殺手、美髮美少女、口罩美少女、看似靜謐卻想整個毀滅世界的護士......她的角色有夠多的啦 ~(￣▽￣)~
小說中其實最喜趣的是「入會儀式」，當時讀到的時候就覺得有夠白爛的。而電影中所創造的鬼語跟動作演出，更把這份白爛發揮到極致的地步，根本就想讓人起身效尤啊～ 至於Oni / 小鬼 / 式神的超可愛造型，應該也不用多提了，光聽到電影院裡女性觀眾此起彼落的由衷欣賞：「好可愛哦～」小鬼之討喜可見一斑 \(^ω^)/
- Dec 30 Wed 2009 18:52
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悟道——情非得已之台股生存之道
beagle2001 分享 有道是越爛越飆，廢物垃圾指數越高者越起笑呀
發表於 December 28, 2009 at 10:23AM
beagle2001 分享 廢物指數真的是很重要的選股參考，因為夠廢物，才會更飆
- Dec 15 Tue 2009 02:58
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祖國山寨版噗浪——聚酷試用心得
- Nov 09 Mon 2009 23:43
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SUPERHEROS by PANDABOX
- Oct 22 Thu 2009 20:59
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ASUS Eee PC S101H
- Oct 21 Wed 2009 11:01
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草泥馬 Collection
- Oct 15 Thu 2009 01:40
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不對過去悲傷，不對未來冀求，安住於當下，所以容光煥發....
（南）《相應部經典。荒野經》SN01‧10
天神問：
「那些住在森林裡的修行人，過著寂靜清淨的生活，一日僅一食，如何能容光煥發？」
世尊答：
「他們不對過去悲傷，不對未來冀求，安住於當下，所以容光煥發。
- Sep 26 Sat 2009 19:44
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五分鐘讓你明白中國的內需是怎麼回事!!
為什麼我們會內需不足?為什麼我們沒有強大的中產階級拉動內需？我們的財富到那兒去了？看完了如下的兩個實例，你就會明白為什麼了。
看看拉美與美國的差距，就會明白我們今天內需不足的狀況是怎麼形成的，拉美的貧窮在於它沒有形成良好的財富再生體制，套一句比較主流的話，它缺乏一種財富積累上的可持續發展能力。
舉一個簡單的例子來說明這樣的差別。
第一種情況：
假設在一個地方發現了金礦，來了一個人投資建了一個礦場，雇一百個工人為他淘金，每年獲利1000萬，礦主把其中的50%做為工人工資發下去，每個工人每
