Book Review: How to Own Your Own Private International Bank

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Book reviews are not usually my thing, but I do read a lot and felt it might be worth writing a few quick notes here when I come across one worth talking about. How to Own Your Own Private International Bank by Jerome Schneider was published in 1998, and I first read it along with […]

China GDP may surpass US by 2016, but not even Greece per capita by 2060

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US doomsayers may already be planning some small celebrations around the end of 2016, when the IMF forecasts that China GDP adjusted for purchasing power parity (PPP) will surpass the $20 trillion US GDP.  Rounding out the top 5 economies by that measure would be India, Japan, and Germany, each between 1/4 to 1/3 the […]

Friday Photo: Japanese-Brazilian migration ad poster

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This has been one of my favorite posters, showing in less than 1/10th of a megapixel how Japanese families were encouraged to immigrate to Brazil around 1925 or so. I’ve shown it before, but found it worth re-sharing here. The Brazilian Real was still a popular currency in the Japanese Uridashi (foreign currency bonds publicly […]

Asian rental yield – interest rate spread greatest in Mumbai and Manila

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Just stumbled across this article on MoneyControl by Ashutosh Limaye at Jones Lang LaSalle India comparing rental yields across cities in Asia and Bombay against London, New York and Tokyo. I have been wanting to run a more thorough survey of rental yields across different Asian property markets like cities listed below, but the single-city surveys […]

Asia is less skewed than the west, at least in terms of equity volatility

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Volatility skew is a somewhat technical concept I worked with every day on Wall Street trading desks before 2009, but here I hope to explain the concept as non-technically as possible for a general investor audience, at least those familiar with options and/or statistics. “Volatility skew” for investors generally refers to a measure of the […]

Free Silver: One example of pre-Fed monetary policy

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This is a rare opportunity to point to one of my favorite styles of western cartoons as showing a vital Asian economic statistic.  This might have made a good Friday photo, but I figured the actual subject matter of monetary policy using precious metals or central banks would have been a bit too heavy and […]

London Mayor Boris Johnson visits Hong Kong

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Thanks to Sam for the last minute invitation to join a great group of expats meeting the London Mayor this past Friday as Boris Johnson visits Hong Kong. Followed by Sir Gerald Howarth MP taking time from his vacation to speak with us at lunch on Thursday, Hong Kong continues to feel close cultural and […]

Friday Photo: HSBC Singapore around 1900

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From World Port Source, a reminder that even in the part of the world that thing seem to be changing so quickly, some things really haven’t changed that much. Happy Friday!

Cost of sending $100 in cash or in crude oil overseas still about the same

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The title should be even more shocking than I know how to write it.  The year is 2013, one year after over the 1 billionth smartphone came on-line, and the state of digital technology still allows a comparison like this: To ship a barrel of crude oil worth about US$100 (42 gallons, weighing about 135kg […]

2nd thousand views from almost 50 countries

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Not including counts from the top 5 sources of my readers (HK, US, UK, India and Singapore – making up the vast majority of my first two thousand views), I hope to hear from or meet my readers from all these other countries and travel to all these places soon enough!