Friday, August 27, 2010

Housewarming Quotes Christian

End of Laos, Cambodia beginning

2nd part of Laos:

Then we did the river tubing in Vang Vieng, one of the biggest party place in Asia. The pricipe is quite simple: to slide into the tube and catch the strings that you launch Lao you climb into the various bars that line the river (there are 10!) In each bar there are a string of 10 Tarzan meters tall, giant water slides, volleyball courts in the mud, and buckets (drink 2 liters) of whiskey Laotian $ 2. They charge you if you do not bring the tube before 6pm, that person is we were not been so bad we have a report 8pm. Something completely insane, and quite dangerous it is at least one death per year tourist but really ... fun!

Laos is a country of only 6 million inhabitants, very small compared to other Asian countries. There is no great city, even the capital is very small. There are no highways, no chain restaurants or convenience stores (thats the first country I visit and there is no McDonald). People have a very relaxed life, they do not break your head. They are poor but do not starve, there is an abundance of fruits, vegetables and meats in Laos and it would cost really cheap food. One thing that bother to start the Laotian cest always try to load more tourists and local, for anything so it must always negotiate everything, even his breakfast. People do not talk not English, and cest difficult to have discussions with the locals, except french with older people who learned the language at school in the 50s or 60 but it is rather rare.

Southern Laos was really rural, we stayed two days in a house beside a nice big drop, or chickens, pigs, cows walking in the small town and children were bathing naked in river .

It is now back in Thailand or the difference between these 2 countries jumps out at us, Thailand is truly a highly developed countries compared. We take a night train tonight to Cambodia, another country that we really hate to visit. Me and Steph

Tuesday, August 17, 2010

What To Write In A Baby Book Card

Welcome to Laos

s0mmes arrived in Laos there about 5 days, and already it is undoubtedly our favorite countries of Asia until now. We cross the Mekong by boat from northern Thailand to Huay Xai has arrived in north-western Laos. Strangely, the visa in Laos for Canadians is the most expensive ... all nations combined is 42 $ us! Mr Harper should negotiate with the Socialist president here for us we pay $ 30 like everyone else. But finally, as we discovered, the price is worth paying for the country which, until now, is a big favorite of our trip.

We are now in Luang Prabang, Huay Xai we took a boat for two days on the Mekong River (river, which share Tibet and ends in southern Vietnam). The descent was great! We stopped often in small villages along the river and children jumping Samus has trees in the river and we make great bows of hand with beautiful smiles, they were really adorable. The 2nd day was longer, I forget to mention that we were about a hundred people crammed on the boat (mostly tourists) on little wooden benches, so no comfort but it is well worth it.

Arrive in Luang Prabang, probably the most beautiful city in Southeast Asia, a pearl guarded well because although there are many tourists, the city has not lost its charm since the end of the occupation French there are over 60 years. The city is a UNESCO heritage, the architecture is superb and the food excellent, and much less expensive than Thailand. The market is quiet at night and there are so many beautiful things to buy handmade for less than $ 5

We leave tonight to Vang Vieng, a place for tubing down the river and stopping in bars way ... it seems that its a big party

Wednesday, August 4, 2010

Stouffers Outlet Solon Ohio Prices

no, i do not want a tuk-tuk or a massage! Jean

We are now in Bangkok, surment square or white tourist is most harassing for a taxi, a tuk-tuk (a 3-wheeled taxi) , a massage or a memory made in asia to 5 cents that Thai is trying to sell you a $ 20.

But if you never get bored in Bangkok, Firstly there is the delicious Thai food has less than $ 1 (pad thai, hmm!) per meal and fresh fruit juice in a street kiosk or convenience store beer Chang for 50 cents. It is also one of the best places surment to equip dressed business has 2 full clothes made to measure for less than $ 200.

Then there was the go-go bar or you will be offering show ping pongs and bars where we drink whiskey and redbull in a bucket. Between 2 beers nothing easier than to afford an hour massage for $ 6.

But there is much more interesting than Bangkok in Thailand, at least for us. We spend a few days here because we expect our visa for Indonesia but otherwise we would already have Chang Mai, a dozen hours north of the capital, or we're going to make a 3 days trekking in the mountains or you will be hosted by tribes, and walk on elephant back and do rafting on bamboo boat!

Sunday, August 1, 2010

What Is Fertile Mucus

File eCOM: U.S. GDP, our Suscipe were fair.

U.S. growth has slowed sharply in Q2 2010 for not advancing only 2.4% annual rate after a first quarter to 3.7%. Note that the first quarter was revised upward by 1% from 2.7% to 3.7%. However, go this good news, many surprises have made their appearances:
- the recession has been harder than expected and GDP contracted by 2.6% in 2009 against 2.4% previously.
- growth in the fourth quarter was revised down to 5% against 5.6% previously.
According to the Department of Commerce, the revisions came from downward adjustments to estimates of consumer spending and residential construction activity.

However, this does not seem surprising. In fact, remember, in March I fully husked U.S. GDP figures in the following note http://le-monde-economique.blogspot.com/2010/03/actualites-economiques-le-rebond-du pib.html- and I stressed that the Commerce Department would announce necessarily estimates downward for some positions. I then concluded that the rebound was "statistics" as the share of consumption in the composition of GDP remained surprisingly low and that unemployment was increasing which meant that the consumer could not take over to ensure sustainable growth. Recall that consumption accounts for 66% of the composition of U.S. GDP in normal times.

How to interpret this?
The improvement that has seen the 4th quarter of 2009 and Q1 2010 (to a lesser extent) is partly due to the phenomenon of restocking. During 2008 and 2009, consumption has slowed and companies have engaged in reducing their inventories to leave the leading sell off part of deflation (declining prices generally). From mid 2009, and under the leadership of U.S. stimulus filling order books, companies then started to replenish their stocks and thus to produce.
However, the demand is for companies to remain well below pre-crisis demand, so to maintain profitability strong, they make cost reductions (layoffs) and have been heavily relies on foreign outsourcing. Moreover, China is the big winner of stimulus over one year since its exports have increased by 50%.

What does this imply?
First the massive recourse to foreign outsourcing and cost cutting to maintain profitability at a certain level causes a leak before the government can not solve. Indeed, unemployment remains very high, since according to members of the Fed by counting the unemployed discouraged, it would be at least 17% (the U.S. unemployment statistics usually account only the unemployed who no longer work for less than 6 months). This very high rate of unemployment has two consequences:
- a drop in demand which is aimed at companies because of the decline in household consumption. So companies continue to downsize or when not to recruit to maintain an acceptable financial return to reassure the markets. If we focus on the unemployment figures for 2009 and 2010, we find that the private sector is clearly the weakest link and that the public sector using the recovery plan that allows job creation or to compensate for destruction. However for the moment, there was a lull in the private sector job losses. It was not until the return to see if this is not the phenomenon of "seasonal jobs."

- credit freezes completely. Indeed, we see that the consumer credit continues to decline month by month wait for a level of contraction ever seen. Banks do not rule out a whole scenario of "W" in particular because of the worsening debt crisis. Therefore they prefer not paying for not increasing their bad debts that are, to date, legion.

What is disturbing about these figures is that unlike France which has fully performed its recovery plan in 2009, the U.S. decided to deploy nearly 60% of the recovery plan in 2010. Thus, since early 2010, there was both an intensification of the recovery plan and a slowdown in U.S. growth which shows that government efforts, the price of an exorbitant debt, allowing just compensate private demand fever and consumption. It should also
understand that a growth of 2.4% annual rate is insufficient to effectively counter unemployment in the United States simply because a large proportion of jobs created will be occupied by the entry of young people into the labor market. This means creating more jobs than the natural increase of population and this is far from won especially since the end of 2010 stimulus packages will end ...

Alexandre Letourneau