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February 26, 2009

Comments

Fred

You will not look for an old engineer who experienced the IBM mainframe crash to solve problems on your latest Imac crash. Yes, there are a lot of similarities on computer architecture. But you need people who create this mess to be involved in order to untangle the problem.

The older generation could provide the moral support and the hard earned wisdom. Frankly, no one in Taiwan experienced the great depression. The older generation experience great repressive Chiang regime and the great poverty after the WWII. People love to use the old way to solve new problems because that is the only way they know.

One Ah-Q way to solve to the economic problem is to adjust your expectation. Why not live on 10,000 USD per capita GDP or less? The Chinese can survive on much less income!? -5% GDP is good enough in this environment. Unemployment rate of 10% is not a problem, we will give them temporary employment from expanding the government. Let us pay for all the cost from raising the debt ceiling so our children have a goal of one day repaying the debt. Let's congratulate how well the government has done by running the economy to the ground!!

Tze-Chien Chu

Yes, I will look for an Old IBM Engineer who face BIG Problem he face before.
We are not talking about minor system crash. It is totally break down.
Maybe Taiwan's people don't face the great depression before but we have face the 40000 to 1 NTD . That is the same kind of economical crash indifferent way. And because it is just a generation a way . So people in Taiwan are conservative. Also Japanese people has suffer frome the WWII's defeat.
I think Obama has raise the budget to save the bank and build a safity net that is a correct move. But unless the attitude change. Nothing change. Because what i see is American still want to go back and live in the old way. That is not possible. Sure after we pass the chaos we will live better in another way.

Tze-Chien Chu

Oh, what I mean to ask for an old generation to solve problem. Is not to ask them really go and debug. They can provide 1st hand experience. No matter how complex the present Intel CPU is. It is the same system as the CPU 30 years ago. Even the software are the same.
Economics are also the same. Nothing change. Just more abstraction. The fundamental are the same as 2000 years ago.

Fred

The old way to solve an econmic problem from 6000 years upto 60 years ago is to start a war. Yes, the economics principles are fundamentally the same but the political environements are very very different!

Tze-Chien Chu

I wish we can pass that(war). I don't think people are smarter then 6000 or 60 years ago. But I hope through fast communication and transparency we can avoid that. (That is the only difference since 60 years ago.I think.)

Fred

Communication is faster but the information is not always correct and the decision making process is not always transparent. This leads to incorrect judgment such as the US war on Iraq. No, the human behavior is predictably flaw that is the reason why we need check and balance of power.

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