I’m on the record as being a fan of the penny. But here in China, the closest thing to a penny is the jiao, which is a tenth of a yuan. A yuan is worth about $0.15, so a jiao is worth about $0.015. I don’t like having a wallet stuffed with little bits of… [Read More]
Blog
The View From My Window
This is quintessential modern China: lots of people, lots of traffic, lots of construction. And, for course, it is all going on outside my window!
A scene that cracked me up
I came across this kitchen while wandering through the Wenshu Monastery, and it just amuses me no end. It’s not so much the interplay of religion and the mundane as the elaborate altar.
China is noisy.
The sign at the left is from the Chengdu Research Base of Giant Panda Breeding. The pandas like it quiet. No wonder they are going extinct in modern China! It’s noisy here, between the construction and the traffic. It seems like every major road has a building project, every block has a new building going… [Read More]
What the hey? Day trading in a 401(k)?
From the department of Very Bad Ideas comes this: day trading in a 401(k) account. Oh, where does one begin? First, let me say that day trading is a fine way for the right people to make money. It takes a certain temperament, though, and not everyone has it. I would never recommend that anyone… [Read More]
