Never The Twain
"Oh, East is East, and West is West, and never the twain shall meet,Till Earth and Sky stand presently at God’s great Judgment Seat;But there is neither East nor West, Border, nor Breed, nor Birth,When two strong men stand face to face, tho’ they come from the endsof the earth."
–
Rudyard Kipling, The Ballad of East and West
"Sometimes – not often, but sometimes – the cranks andradicals turn out to be right. Sometimes Everyone is wrong."
–
Mathew Scully, Dominion
"And the end of the ght is a tombstone white with the name of
the late deceased,And the epitaph drear: "A Fool lies here who tried to hustle theEast." –
Rudyard Kipling, The Naulahka
"The farther west he went, the more he was convincedthat the wise men came from the East."
–
Horace Russell
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THINGS THAT MAKE YOU GO
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A walk around the fringes of nance
By Grant Williams
26 AUGUST 2013
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THINGS THAT MAKE YOU GO
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26 AUGUST 2013
Contents
Italian Factory Owner Moves Company to Poland While Sta Are on Holiday ...............22In Hong Kong, Ination Worries Spook the Spirit World .........................................23"There’s No Free Market in Money Today" and Other Observations By Howard Marks ......24A New Toolkit ...........................................................................................26More Aid? Greece Funding May Come from EU Budget ...........................................27Carney Set to Bolster Forward Guidance Drive ...................................................28Kuroda-Bean Say Policies Spur Growth as Fed Weighs Tapering QE ............................29Fears of Global Credit Shock Rising as the Bond Boom Unravels ...............................31Inner Mongolia: Where Bankers Sold Bunk .........................................................32
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THINGS THAT MAKE YOU GO
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26 AUGUST 2013
ThingsThat Make You Go
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Source: Wikipedia
The mere mention of the Silk Road evokes a very dierent time and place, pre-Amazon.com,when trade was conducted face-to-face and merchants travelled on horseback and foot thebreadth of continents to nd buyers for their merchandise, returning with goods in exchange.The Silk Road was, according to Wikipedia:
... a historical network of interlinking trade routes across the Afro-Eurasian landmassthat connected East, South, and Western Asia with the Mediterranean and Europeanworld, as well as parts of North and East Africa. The Silk Road includes routes throughSyria, Turkey, Iran, Turkmenistan, Uzbekistan, Kyrgyzstan, Pakistan and China.
Extending some 4,000 miles from Europe to Asia, uniting West and East in trade, it took itsname from the Chinese silk which, from the days of the Han Dynasty (206 BC – 220 AD), wasbought and sold along its length.Wikipedia again:
The central Asian sections of the trade routes were expanded around 114 BC by the Handynasty, largely through the missions and explorations of Zhang Qian, but earlier traderoutes across the continents already existed.
Trade on the Silk Road was a signicant factor in the development of the civilizations
of China, the Indian subcontinent, Persia, Europe and Arabia. Though silk was certainly
the major trade item from China, many other goods were traded, and various
technologies, religions and philosophies, as well as the bubonic plague (the “Black
Death”), also traveled along the Silk Routes.
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