Avatar Jonathan  Lam

Jonathan Lam

Recent comments by Jonathan Lam

  • The Problem with Poor Countries’ GDP

    Gamesmith94134: The Problem with Poor Countries’ GDP
    If there is no Microsoft, where will we find Window 8? Eight windows?
    In America, there is a 2-3% growth last month, but the PPI is down, so is the new housing. Are we in the disinflation or deflation now? So, Bill, why are you so concern of the GDP? Some barter for necessity, and some marry a wife if he have ten cows. In such a way, no one is read the 0 and1 anymore; it’s all about hardware and software that travels at the speed of light. Statistics fools most of the experts and even economists.
    Graphically, you can use the infrastructure in the Human Development Index which what the region carries; and programs of applications like Multidimensional Poverty Index that how can the local government do for its people? This is your hardware and software in opening the Window that give the resources and energy to innovate and attribute for the new looks of lives other than your Microsoft logo.
    Many lives in minimalism and data of values are foreign to them. However, some may have more cell phone than food, some made their daily lives with lesser than two dollars a daily; but many survives through the toughest environments. So, I am not surprised with “When Ghana updated its reporting a few years ago, its GDP jumped by 60%.” Relatively, how much difference do they make when accountability is undercut?
    “Does that mean that we really don’t know anything about what works (and what doesn’t) in development?” It depends on the nature like droughts and earthquakes and human factors like wars and conflicts. Subsequently, they all need a helping hand like you with the resources and intelligence to put applications to use like the Microsoft office. It helps me a lot with just copy and paste or cut and paste. I went through the toughest time.
    At present, with much of the advanced technology and data service, I think World Bank, Development Bank, IMF and WTO are molding the unknowns into the system that is compatible to us that economists are working closely in understanding better of what valuation is applied to their livelihood and providing us a better picture of what development is being forwarded.
    Mr. Gates, data service can come later if the environment allows? Perhaps, if you concern of what is your goal for development, think of the Aqua duct stretching from Sacramento to Los Angles. Some thought digging a tunnel in the Peru to turn highland to farmland. Why not you? Imagine the water runs from White Tower to where you want. It gives and develops clean water is a good start; or goes where you think your resources can help most. There is no scoreboard in humanity, and GDP is not compatible with our finance system, besides, it is foreign.
    May the Buddha bless you?

  • Two Policy Prescriptions for the Global Crisis

    Gamesmith94134: Two Policy Prescriptions for the Global Crisis
    In prescribing the employment subsidy, I think it would require great disciplinary act on the politicians since redistribution of wealth was the causation of the inequality, and dependency on the liquidity or inflationary. Of cause, when we looked back at the sustainability and the balance of trade. It became rudimentary especially in the developed nations where workers are more protected with unemployment benefits or subsidies.
    I suppose Mr. Kaushik Basu can give a better description of them.
    “Exchange-rate movements would be minimal and only as intended, and volatility would be contained, because tit-for-tat injections would no longer occur and speculation would wane. Moreover, liquidity injections would be likely to have a greater impact on demand, because synchronization would reduce leakage across national boundaries.”
    It was a sound statement on globalized finance, if we can provide a system of control that each nation can participate. If it were inference to the trading partners like OCED, OAS or AU; then I would say the world would be better off. If everyone can have a handle of it, then it is not just a few with its unilateral world of unemployment or inflationary problems. We need alignment on solving all problems with a unilateral solution.
    However, I agree on the G Major economies in the open-market operation with lesser asset buying programs; in addition, we must establish a better anti-trust global legal system to void enumerator in taking advantages on the interest rates or currency rate changes since we all vary. In compliance to the interest rate and currency exchange, I would expect the World Bank and IMF could contribute more like a transfer system similar to the FDIC for all currency accounts and the Development Bank and WTO can take on the roll of the globalized Central Bank to the world that each can marginalize the long-term interest rate and scale it growth and developments; after we can agree to open a global system that we all contribute. By then, most central banks can follow with its nations can shift to its system for all that fits individually and adequately.
    “The ECB was also "technically ready" to cut its deposit rate from the current zero percent into negative territory, meaning it would start charging banks for holding their money overnight.” By Reuter.
    I alert me on the coming month that the probability of moving out off EU or just closing the European banks. I repeatedly emphasized the inequality and sustainability that are holding our pace to growth; perhaps, it is how we can witness another disaster is being unfolded like the imbalance of the currency exchange rate or interest rate can make revolution-era moth circle the light bulbs.
    Do the hedge fund managers turn themselves into CO of those Banks? Or why do we need banking? I am just kidding.
    May the Buddha bless you?

  • Can China Adapt?

    Gamesmith94134: Can China Adapt?
    Why to adapt? China is considered to be the new innovation to growth because of its mass and resources. Since everyone is remanding its own micro economics like domestic developments. It is time to grow within, restructure with reform system. Just get ready for the revival of the global economy, we may depend on its consistency to bring fluidity to the global finance and reassured its quality to compete.
    This is time the government to accept the perpetual growth created the inequality and dependency on the lobbying parties. How it can steer the development and control to ease the tension and stretch in the “middle-income traps”?
    First, there is no return of the 15% growth or even 7.5% of it; since its only destination is the entrapment on the competiveness and creation of the problem on retribution like the developed nations. Some actions must be enforced to spread out the risks on the locals like debts by to rebuilding basis on revenues for the rural area. In order disperse the risk on focus more on the metro, program for township can offer opportunity for the skilled worker and entrepreneurs to return and rebuild their home. After all, if restriction or limitation on inflation or rising asset capital took no effective response; the authority must search on the balance in metro and rural; so, labor or middle class may not be stagnated or exhausted its equilibrium on growth even on the pessimistic economical views.
    Secondly, the government must reaffirm its neutrality on commercial but it must restore its monitoring system on check and balance on production and sustaining the environment that fits for its people and development like pollution, diseases. Learning from the SARS, disease control can be expanded to a system that is compatible to the international level. So, connectivity to a better system in quality control on production and transportation is definitely needed to compete. Besides, austerity is not needed in the surplus years; and expansion of its monitoring system could bring up domestic growth.
    And, I always complain of the Timberland Shoes was sold 6450 yuans that I can buy for a hundred in America in the International Trading Center; and the hundred dollar yuans Chinese Made shoes I purchased and seldom wear. Did Japan fail to compete by raising tariff on imports or just quality in jeopardy? I praise the group of eight in watering the plants at the center of the road; but how can they afford it?
    There are more to innovate in its systems that domestic growth can resolve the lobbying force of the foreigners or domestics; in setting its goal on development may not help exporter, but sometime, there is no hurry on the building reserves that is uncertain. Perhaps, many may as well just slow down to scoring the million dollar house and work fifteen hours a day in the high tech company and never sleep in them. I think more may feel more secured if the quality of life is making them feeling better, or they can return home to start their own business in the place where they were born.
    A bird in hand is better than a moon on water.
    May the Buddha bless you?

  • North Korea’s Step Too Far?

    Gamesmith94134: North Korea’s Step Too Far?
    “China appears to have had enough, ending its silence about North Korea’s brinkmanship and suddenly roaring its disapproval of its ally’s reckless threats.”
    It was a reckless thought, but there is no alternative in unleashing the sanctions and restrictions on the status quo. It proved the isolationism is working for American foreign policy; at least, approval for its strategy. Perhaps, some American strategists may think of the case of Guyana if North Korea is collapsible and assumes its people would revolt Kim from austerity. But, such assumption is focused on the emerging North and South, even the two sided negotiation, however, there is less class conflict in North Korea.
    By increasing the pressure on reform like china or South Korea would not be possible if North Korea must lose its sovereignty right to adopt. He gambled on whether the North Koreans’ future to void the Guyana genocide alike; he must make his breakout in his HO chi Ming Trail from Pyongyang to Okinawa or conduit to Iran on its economical survival. Perhaps, he succeeded in pulling in his sympathizers like China and Russia to revolt further sovereignty disputes on land or what under the sea; and deny another NATO defense in North Korea just like after Eastern and Western Berlin. Mr. Kim read of the Chinese Idiom “frozen lip comes the fallen teeth” inspire him to such rhetoric; and I think American would regret it for being over-confidence in resolving the matters in this case of North and South.
    Apparently, those American strategists are committed to negotiations but not for genocide; they did not learn of the Ho chi Ming Trail, or they never heard of Saigon because it was named Ho Chi Ming city. They acknowledge their digital calculation but the survival makes the fittest make its right to evolve. Besides, the ambience may not change based on the geographical design which separates one to another that never merge, and there is buffer Zone that fish and animal live differently.
    “Xi declared that no country “should be allowed to throw a region and even the whole world into chaos for selfish gain.” Xi did not mention any country by name, but his implicit condemnation of North Korea was clear to all.”

    Finally, I hope Mr. John Kerry can read lip since he is a Vietnam veteran. No one would believe how the Ho chi Ming Trail could be a disaster for our oligarchy regime in Saigon; but it was the system that failed us. “If Kim’s bombast and nuclear threats lead to China-US bonding over a joint North Korea settlement, the entire world will be the safer for it.” If he approves such statement, he must take another dental X ray to read lips, because it is nature way in telling what strategy are for scholars and how food does for warriors.
    May the Buddha bless you?

Show more