Journal ING - Why Airbus would be the victim under the downturn of US dollars?

Several years ago, we’ve been amazed by the splendid and luxury decoration inside the airplane manufactured by French company Airbus.

But later on in the end of 2007, the company seemed to face some serious financial problem concerning the deposit down payment. Though they got lots of purchase for their product A380 from Singapore airline or Mainland China Airline, the amount of the deposit was agreed to be paid in US dollar not in Euro. So, here comes the problem, due to the rapid growing of the price of gas and the downfall of US dollar, their interest increased right away, furthermore, the materials which they assigned for A380 are all bought by Euro. As a result, there came a shortage or so called deficit in their so far income.

In order to solve this problem, Airbus arranged to move their base from Toulouse, France to Mainland China to reduce some certain cost and to save their money back. On the other hand, this may bring Chinese people many job opportunities such as mechanics or pilots…etc.

Lots of accidents or you may say surprises have launched our economic base, still there are people who could make a right prediction, for instance, the one from Jim Rogers.

Journal ING - Feel the heat ?

Everyone must feel the heat recently which means that summer times is coming. Unfortunately, I myself don’t appreciate that very much; in contrast, I prefer winter time. There are some certain things that would “gain” in summer time, I’m sure you know what they are – mosquitoes, temperature and the number that shows on the utilities bill.

Yeah! Pretty sad I know! But that’s true! Can you imagine that someone wait for the bus for more than 15 minutes under the sunshine? That would be horrible! Maybe next time, you can try once.

I still don’t get that why summer time is considered as the high season in traveling industry because it was so hot out there, how come anyone would love to enjoy the heat instead of sitting on their couch and enjoying the cold air sent by the air-con.

Just go get your UV stuffs and sun block lotion ready! Let's fight for this terrible heat!

Journal ING - "With great power, comes great responsibility"

“With great power, comes great responsibility” quoted by spiderman, now may be quoted by Ma Ying-jeou, newly elected Taiwanese 12th president.

On March 22th, there was a new born president for Taiwanese people. Winning Frank Shieh by more than 2 million votes, Ma has been modest as always. At that night, I was out wandering on streets in Taipei, I love that feeling – wandering while meditating and that was awesome, Trust Me! I saw fireworks all around celebrating the victory of KMT party; it was another milestone for KMT of course.

I’m not that much into politics, but as an adult who has the right to vote, somehow I feel it’s really important to make your right into action. This is the very first time I vote for one candidate and I must admit that it is not an easy task to choose one appropriate man to do the job.

Ma’s been widely debated on his originality of birth and is being doubted that whether he is able to make another uplift of Taiwanese economy. Still, what I’m trying to say is that “With great power, comes great responsibility”, it is absolutely the Herculean task.