Nothing in the world can take the place of Persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan “Press On” has solved and always will solve the problems of the human race. — Calvin Coolidge

Archive | Asia (亚洲)

Upside of Inflation…

Posted on 27 February 2009 by Erwin

Inflation’s silver lining

Feb 26th 2009
From the Economist Intelligence Unit ViewsWire

Falling inflation is providing relief to Asian economies

Falling inflation is providing a welcome boost to Asia’s badly faltering economies. Most importantly, it has given the region’s central banks room to cut interest rates, which should boost growth prospects

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