Wednesday, March 19, 2008

Scarily prophetic

The Onion

This article was written back in January 2001 as satire, but as far as I can see, it largely became true.

Saturday, March 01, 2008

Why am I doing this?

Another month, another update. No big changes this month except for the loss of the Indian Rupee benchmark. This month saw little change in exchange rates up until this last week wherein it seemed virtually ever major currency hit an all time high against the US dollar. The Euro finally rose above $1.50. If the changes at the end of February aren't reversed, there could be some big changes in March.

Apr. 2008: 1 Euro > $1.50 US (no change)
Jul. 2008: 7 Chinese Yuan > $1 US (2 months sooner)
Aug. 2008: 6 Swedish Kronor > $1 US (1 month later)
Oct. 2008: 100 Japanese Yen > $1 US (3 months sooner)
Jan. 2009: $1 Aussie > $1 US (no change)
Jan. 2009: 1 Swiss Franc > $1 US (2 months sooner)
Jun. 2009: $1 Canadian > $1.25 US (3 months later)
Jan. 2010: 5 Swedish Kronor > $1 US (1 month later)

Removed (Benchmark in unforeseeable future):
30 Indian Rupees > $1 US

Tuesday, February 26, 2008

And the tallest skyscraper is...

So it's been about a year since I visited Shanghai. I was reminded today of the Shanghai World Financial Center which I saw under construction while I was there. At the time of my visit, it was near completion and it was said it would be the tallest skyscraper in the world. So I decided to see how plans were going. It's supposed to be completed in March, but the top has been completed and it falls about 17 meters short of Taipei 101. It is just as well as its status as the world's tallest skyscraper would have been short-lived. As of July 2007, the incomplete Burj Dubai in Dubai, UAE surpassed Taipei 101 in height. In September, it surpassed the CN Tower, being the tallest freestanding structure in the world. More recently, it surpassed 2,000 feet in height. At completion, it should be around half a mile tall. This is higher than if you stacked two Empire State Buildings on top of one another. The Burj Dubai should be complete by 2009.

Tuesday, February 19, 2008

My first quarterly report

I've been keeping incredibly detailed notes of all my expenses since I received my first paycheck back in November. Well, I just received my fourth paycheck, meaning it's time to look back at the previous three months.

In this quarter, I received $6881.02, 92% of which can be attributed to my paychecks. Presumably, the remaining 8% was made from prostitution. My total costs over this quarter were $1768.71. Just under 26% of my revenue went to cover to costs, netting $5112.31 as pure profit.

As for my expenses, they break down as thus:

Food: 47%
Utilities: 16%
Transportation: 14.7%
Helping Dan: 9.9%
Entertainment: 8%
Other: 4.4%

For some clarification, the helping Dan expense is a bit of an oddity. Dan needed to buy some medicine, but he doesn't have a credit card, so I bought it for him and he then repaid me in cash, so this transaction is also listed as an income. Normally, I wouldn't bother entering this kind of transaction, the problem though is that I paid in US Dollars and received Korean Won. In order to account for changes in the exchange rate, I had to list the use of US Dollars as an expense and the receiving of Korean Won as an income. As it stands, I paid $175 and received 165500 Won, which at the current exchange rate means I actually gained $1.05.

Monday, February 04, 2008

Animal Research Takes a Step in the Right Direction

BBC News

In one of my classes back in high school, every week I had to find some science article and write a summary. Every week it seemed, I stumbled across an article about scientist making poison-resistant, cancer-immune, and/or super-strong mice. This led me to wondering when would we reach the tipping point where scientist would create mice so powerful that they could overtake humanity. Well, thankfully scientists have seen their errors and the dark path they were leading us and have succeeded in making mice weaker. Now they are susceptible to the common cold. Take that rodents!

Friday, February 01, 2008

I need to find something to do with my time

Latest updates on the currency market. There were some surprisingly large shifts this month. The Japanese Yen and the Swiss Franc made massive gains this past month, although their benchmarks are still a year or more away. Poor performance by the Canadian Dollar and Korean Won, have pushed their benchmarks beyond what I feel comfortable predicting. I'm rather disappointed with the Korean Won as for one thing, I'm being paid in Korean Won, and also because briefly 900 Won had been worth more than a US Dollar back in October. It's sad to see it back at 940 Won per US Dollar. Remember, these benchmarks are for monthly averages. The best monthly average the Korean Won achieved was 915 Won per US Dollar.

Apr. 2008: 1 Euro > $1.50 US (no change)
Jul. 2008: 6 Swedish Kronor > $1 US (1 month sooner)
Sep. 2008: 7 Chinese Yuan > $1 US (2 months sooner)
Jan. 2009: $1 Aussie > $1 US (2 months later)
Jan. 2009: 100 Japanese Yen > $1 US (6 months sooner)
Mar. 2009: 1 Swiss Franc > $1 US (5 months sooner)
Oct. 2009: 30 Indian Rupees > $1 US (3 months later)
Dec. 2009: 5 Swedish Kronor > $1 US (1 month sooner)

Removed (Benchmark in unforeseeable future):
$1 Canadian > $1.50 US
900 Korean Won > $1 US

New:
Mar. 2009: $1 Canadian > $1.25 US

Sunday, January 06, 2008

Perhaps I spoke too soon

During December, there seemed to be a "correction" on the currency market, wherein the US Dollar made a substantial one time rise against all major currencies, except the Chinese Yuan. This seems however only to be a delaying effort to keep prices from changing too quickly. In any case, it pushes the date back for many of my benchmarks.

Apr. 2008: 1 Euro > $1.50 US (no change, miscalculated last month)
Aug. 2008: 6 Swedish Kronor > $1 US (1 month later)
Nov. 2008: $1 Aussie > $1 US (2 months later)
Nov. 2008: 7 Chinese Yuan > $1 US (1 month sooner)
Mar. 2009: 900 Korean Won > $1 US (6 months later)
Jul. 2009: 30 Indian Rupees > $1 US (3 months later)
Jul. 2009: 100 Japanese Yen > $1 US (2 months sooner)
Aug. 2009: 1 Swiss Franc > $1 US (1 month sooner)
Jan. 2010: 5 Swedish Kronor > $1 US (1 month later)
Mar. 2010: $1 Canadian > $1.50 US (3 months later)