Finalist-PhilBlogAwards 2010

Finalist-PhilBlogAwards 2010
Finalist for society, politics, history blogs

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Friday, May 20, 2016

FUSION NUCLEAR ENERGY: CHINA TAKES R&D LEAD


FUSION NUCLEAR ENERGY: CHINA TAKES R&D LEAD

 

Erle Frayne D. Argonza

 

Good afternoon!

 

Large swaths of lands in Asia were recently flooded, which paints a gloomy landscape in China, India, and Pakistan. Flooding, however, doesn’t kill civilizations, and floodwaters should be viewed on the positive side as providing, after calamities, much needed water and energy source.

 

As history has shown, it is the sudden absence of water, via large-scale calamity, that had killed many civilizations in antiquity. For as long as we have plenty of water reserves in the planet, civilization will continue. As energy source, water has provided hydro-electricity, geothermal (heated water from underground sources), and fuel cell medium (electrolysis).

 

The present onrush of waters could, in fact, serve as blessing to crack the news of a new form of energy: fusion nuclear energy. Talked about for decades as mere theory in classroom chemistry and physics and in coffee shops, fusion energy is now becoming more of a reality each day.

 

China unquestionably leads in the research & development efforts on fusion energy. Sometime in mid-2008 yet, the news leaked out to the world that China’s research scientists were able to make a breakthrough in the research phase of fusion energy. As per information leaking out, China is ahead of the rest of the world by at least a decade.

 

Reports had it at that time that a commercial breeder plant was still around ten (10) years in the offing. That means the earliest time for the release of such a breeder plant will be around 2018 yet. A tedious process indeed it is to perfect a model for commercial usage, but time runs fast these days, so let us anticipate the formal release of the first prototype just couples of years away from now.

 

The era of clean energy will surely receive a boost when fusion begins to roll, and by next decade we can safely forecast that fossil energy will rapidly decline in importance leading to its demise before 2030. I just wish the time table for burying fossil energy could be shortened, and like everyone else who is tired of the machinations of the oil oligarchs and financier-speculators in spot markets, I could hardly wait to offer dirges to fossil fuels.

 

[Philippines, 30 August 2010]

 

[See: IKONOKLAST: http://erleargonza.blogspot.com,





 

 

 

 

 

 

 

Friday, May 06, 2016

EURO-AMERICAN BANKRUPT COMPANIES ARE LEPERS, ASIANS BE WARY!


EURO-AMERICAN BANKRUPT COMPANIES ARE LEPERS, ASIANS BE WARY!

 

Erle Frayne D. Argonza

 

Leper Companies, Inc. could very well describe the so many huge corporate entities in the West that are now expectantly waiting for some investors to breath fresh life into them. The compass of that search points to Asia as the source of the badly needed ‘smart money’.

 

What a mess indeed had Western economies turned into, as their respective enterprises have been crashing to bankruptcy levels after liberal policies have become granite rock in them since the Thatcher-Reagan era. De-industrialization, massive loss of jobs, and measly investments in S&T have made elephants out of huge companies such as the once mighty Bethlehem Steel.

 

“Bankruptcy! Bankruptcy!” would be an apt line in a classic opera production in New York and London, save that even classic opera groups of the West might even go the bankruptcy route. From manufacturing to culture industry, inclusive of Hollywood stalwarts, Western companies are going down the drain one after the other.

 

Insatiably greedy financiers are of course waiting in the wings to dip their hands into those crashing industries, waiting for the moment to buy them at dirt cheap prices. They did that after the 2nd world war, a war that the global oligarchy created, when they bought so many European factories at rummage sale. Their war chest had been reinforced by slash funds past $3 Trillions circa 2007 yet, so they’re ready for the ‘ukay-ukay’ transactions any time (‘ukay-ukay’ is Filipino term for re-sale of used clothes at cheap dirt prices).

 

The same financier oligarchs did the rummage buying spree on former Soviet bloc economies’ flattened factories groups, with mafia groups joining the fray for purchase of the rummage sales. At one instance in the early 90s, Russia’s mafia groups owned and controlled 80% of the rummage industries, thus prompting patriotic KGB chekka to replace then incumbent president Yeltsin, a puppet of the financier oligarchs, with Putin.

 

Asia has been the undisputed driver of the global economy more so when both USA and Europe began burning economically as early as 2007. Logically, the compass of SOS for fresh investments and loans would be Asia notably the China-Korea-ASEAN-India corridor.  

 

The involvement of the Indian group Mittal in purchasing Alcelor of Europe is classic case of Asian buys. Bookkeeping accounts seemed to have served Mittal right then, with the merger not exactly draining down the stock value of Mittal in the bourses. Mittal-Alcelor came to be born as the largest steel producer, churning out a total volume of 100 tons of steel every year (toppling Korea’s POSCO as top producer).

 

That was then. The times have quite changed in an era when changes happen so rapidly. Western enterprises, notably those of the USA’s and EU’s, are magnets for perceptions of being leper corporations. Getting associated with them could burn down an Asian company’s own par value, and whether the trend could be reversible is something that is tantamount to launching a Herculean PR campaign to reduce negative perceptions owing to buy-ins/mergers.

 

Enormous window dressings have to be applied to the accounts of the leper companies too so as to sweeten their toxically sour values and make them more palatable to Asian investors. Whether Asia’s negotiating agents are na├»ve to the window dressings is something worth researching.

 

Caucasians still have that perception—conscious and/or unconscious—of Asians as “monkeys with no tails” (subhumans) who can be lured into traps without the latter noticing it. Western financier oligarchs led by the likes of the UK-Netherlands royal houses and Rothschild empire will brook no quarters in condescending on Asians who they regard as cattle or eaters worth controlling, subordinating as Mandingos, and short-changing in business transactions.

 

Such a perception hasn’t changed. Look at how the Indian executives of Mittal et al are perceived in Europe today not just by the oligarchs but by the White executives in their payroll. Why don’t you examine case studies in Western business schools and find out for yourself whether Asian groups are worth studying at all in the West. It’s the same old Victorian perception of racial hubris and arrogance at work!

 

That may just be what western ‘corporate social responsibility’ is all about: to continue derisively condescending at former Asian colonies by dangling carrots to poor communities in Asian backyards. In exchange, Asian ‘smart money’ moves to the West to ensure that leper companies keep on churning out more funds, with 1% of the profits later to allocated for ‘corporate social responsibility’.  

 

Is that what we can regard as an impeccable fair exchange?

 

[Philippines, 13 August 2010]

 

[See: IKONOKLAST: http://erleargonza.blogspot.com,