Wednesday, 26 November 2025
HUNGARY V THE BRUSSELS ELITE
THE FINANCIAL EMPIRE BEHIND PROJECT UKRAINE
PREVIEW
Ukraine is no longer a story of values or sovereignty. It has become the centrepiece of Western financial exposure, where banks, hedge funds and other shadow investors fight to protect their positions while Europe pays the human and economic price. Beneath the rhetoric of democracy lies a hard reality of asset capture, elite self-preservation and geopolitical servitude – all wrapped in moral language designed to keep ordinary Europeans quiet.
1. WESTERN FINANCIAL EXPOSURE IN UKRAINE
Ukraine has become a huge arena of Western financial exposure. American shadow banking – hedge funds, private-equity firms and high-risk investors – have poured money into Ukrainian assets for years, dating back to the beginnings of America’s financialisation in the 1990s.
The primary political motivation now appears to be the defence of these financial positions, the containment of Russia for geopolitical reasons, and the private interests of a corrupt elite. It is certainly not concern for Ukraine’s or Europe’s welfare.
A recent precedent illustrates this clearly. When Argentina faltered, Bessent and others surreptitiously backstopped Argentinian government bonds with billions. Bessent injected roughly $20 billion of taxpayers’ money into Argentinian treasuries simply to restore the value of portfolio managers’ bond holdings. Ukraine is the latest version of this pattern.
Argentina. Canada. Greenland. Venezuela. All examples of attempts to bolster Western balance sheets with new assets used as collateral for further debt extension.
2. THE CORPORATE-FINANCIAL COMPLEX AND PROJECT UKRAINE
The corporate-financial complex tied into “Project Ukraine” knows that if the whole structure collapses, they will face enormous losses, political disgrace and possibly criminal scrutiny. Some may even fear for their lives. Worse still - some may even lose their money.
The stakes are existential. This explains the unusual fervour and the refusal to consider negotiation or strategic pause.
Anyone with a basic grasp of global finance can see the alignment. Western policy maps almost perfectly onto Western investor exposure.
3. EUROPE AS A FOLLOWER, NOT AN ACTOR
European leaders have become followers rather than actors. They take their line from Washington. Washington takes its line from the interests of its financial sector, the military-industrial-congressional complex and the shadow-banking world surrounding it.
Europe therefore marches dutifully behind, offering yet another multi-billion package and a 20th wave of sanctions. Not from national budgets – they are empty – but from the seizure of Russian assets, a move likely to be reimbursed by European taxpayers once court challenges succeed.
It is a fiscal illusion with very real consequences for ordinary people.
4. THE RHETORIC OF VALUES AND THE REALITY OF ASSET CAPTURE
All the familiar moral language is repeated. Democracy. Sovereignty. Freedom.
But the rhetoric rings increasingly hollow when weighed against actual strategic and tactical behaviour.
The United States has made no secret of its desire to acquire or control distressed foreign assets. Canada. Venezuela. Greenland. And now Ukraine. Asset capture dressed as moral duty.
5. EUROPE BEARS THE HUMAN AND ECONOMIC COST
Europe is paying the price.
Young Europeans are dying.
Refugee flows destabilise neighbouring states.
Germany is rearming and piling on unsustainable debt.
Industrial output falls under the weight of sanctions and energy prices.
Western taxpayers are liable for hundreds of billions that could have modernised their own societies.
Within Ukraine, corruption continues uninterrupted. Large portions - sometimes as much as a third - of Western aid are diverted or simply disappear. This is apparently an acceptable haircut ... acceptable to the donor governments but probably not acceptable to the taxpayers, who - if fed the truth - would not and increasingly don't want this.
Meanwhile, as the flagrant corruption is sniffed out, Ukrainian oligarchs race to Tel Aviv rather than defend their own supposed homeland.
6. NEO-COLONIALISM, NOT VALUES
France, Germany, the EU institutions and the UK have aligned themselves with this strategy.
One word captures it: neo-colonialism.
Not the old colonialism of boots and flags.
A financialised form where states become platforms for asset extraction and geopolitical leverage.
Measured against the EU’s founding values – Peace, Prosperity, Solidarity – the contradiction is grotesque.
What we see instead is:
– preservation of elite financial interests
– defence of hedge-fund exposure and sovereign-risk positions
– protection of the Western monetary system
– political alignment with Washington whatever the cost to Europe
– self-interest wrapped in moral language
Euch!
7. THE FINAL TRAGEDY
Ordinary Europeans are told this is about democracy and self-determination.
But the real drivers are prosaic:
money, alignment, protection of entrenched interests.
The tragedy is that Europe – once capable of independent strategic thought – has surrendered its autonomy to actors who do not represent European citizens and do not care about their future. They do not even care about the welfare of their own populations. They care only about themselves.
Tuesday, 25 November 2025
7. IF AMERICA IS DECLINING WHY DO FOREIGNERS KEEP BUYING ITS ASSETS
Why the World Keeps Buying Dollars Even When It Hates the Dollar
Why does the dollar continue to dominate despite its apparent vulnerabilities?
Background to Problem
Let's begin with an appreciation of the three layers American economy.
The United States remains the world’s largest economy, producing roughly USD 28 trillion of GDP output each year and anchoring the global financial system through the dollar, Treasury bonds and deep capital markets.
Yet beneath this scale lies a chronic fiscal imbalance: federal spending persistently exceeds tax revenues, leaving Washington with multi-trillion-dollar deficits and a rising debt stock that now surpasses 120% of GDP.
These domestic shortfalls mirror a massive external imbalance. The US runs a structural trade deficit - importing more than it exports - which sends dollars abroad.... The production of EM workers fill the shelves at Walmart; the USD profits of EM corporations are converted to local currency by their central banks who place these dollars in safe USD assets, pusing up demand and thus asset values in America (... for those who have assets).
So every international transaction must balance, and these profits, ie those same dollars, return to America - American assets - via the CGA (the Capital and General Account), ie the capital and financial accounts, as foreign purchases of US assets... assets such as Treasury bonds, US property, SnP500 equities, USD bank deposits (e.g the famous ~300 billion dollars of Russian sovereign assets held at Euroclear in Belgium).
These three layers - economic size GDP, fiscal deficits, and trade-capital flows - form the framework needed to understand why the dollar continues to dominate despite its apparent vulnerabilities. And what that means in financial terms for workers, corporate and governing elites.
The Problem
The behaviour of foreign exporters and central banks often appears contradictory: why continue recycling trade surpluses into US assets if the dollar is overvalued, politically weaponised, and these days it's more and more fundamentally unstable?
The answer is structural. The global monetary system forces countries into the dollar, even when it is clearly against their long-term interests. This is the core logic that underpins Triffin’s Dilemma and Brent Johnson's Dollar Milkshake dynamic.
So let's recap and expand ...
1. The Dollar System Is a Closed Loop - Someone Has To Hold those Dollars
When a Thai exporter sells goods to an American customer, they are paid in dollars. The exporter can convert those dollars into baht, but of course that doesn’t remove dollars from the system - they go somewhere. For every seller of dollars there must be a buyer. Ultimately, the country receiving the export surplus ends up with dollar profits that must be held somewhere.
The question is not “should we hold dollars?” but rather “who will end up holding them?”
The answer is almost always the central bank of the country concerned. Why?
Exporters convert their USD profits into local currency at their bank; their bank deposits excess dollars at their central bank... it absorbs the USD (doesn't exchange them) to prevent the local currency from rising. The central bank must then invest those dollars and there's only one market on earth big and liquid enough: the US economy and Treasuries.
This is why the massive 38 trillion dollar debt is not a problem but a necessity.
2. Domestic Markets Are Too Small to Absorb Surpluses
For emerging markets, this is decisive. No EM country has financial markets deep enough to absorb annual trade surpluses without destabilising its own asset prices and currency. Attempting to invest export earnings domestically would drive:
- currency appreciation
- real estate bubbles
- equity overvaluation
- inflationary pressure
The central bank stepping in acts as a “shock absorber”: it prints local currency, thus expanding the local economy to include the new profits ; and buys exporters’ dollars with this new money, and then stores those dollars safely abroad.
The result: FX reserves rise, mostly in US Treasuries.
3. Using Another Currency Is Not a Viable Escape
Here are the four main core reasons EM central banks are cutting down USD exposure:
a/ US fiscal dominance: exploding trade deficits and fiscal debts make Treasuries structurally unsafe. The Fed is in an impossible position: Washington is generating more and more debt, obliging the Fed to expand the monetary supply in order to provide liquidity to essentially pay off the govt's interest and roll over, which pushes up inflation, and inflation means the purchasing power of the dollar is falling. Do you think EMs and investors want to put their savings into a currency that is losing value? ... they want more interest and thus the descent spirals further.
b/ Sanctions risk: USD reserves can be frozen or seized, so they are no longer “neutral”.
c/ Poor real returns: Treasury yields no longer beat inflation, eroding EM national savings.
d/ Dollar volatility: every USD surge causes crises in EM currencies, debt, and domestic economies. If not US treasuries or safe US assets generally, then where else could a successful EM economy store its profits?
There are theoretical alternatives: the euro, yen, yuan, or gold. In practice, none currently work.
- Euro: fragmented sovereign bond market, political risk, banking fragility*.
- Yen: near-zero yields, demographic decline, too small for global recycling.
- Yuan: completely illiquid internationally, capital controls, unreliable legal system.
- Gold: safe but cannot absorb trillions per year; too illiquid compared to Treasuries.
Central banks therefore hold their noses and buy US assets. The system leaves them no meaningful alternative.
4. Why They Don’t Simply Dump Dollars
Even if they want to reduce exposure, doing so at scale is nearly impossible.
- Selling large amounts of USD would cause their own currencies to soar, killing exports.
- Dumping Treasuries would crash their value — hurting the seller most.
- Moving into other currencies risks catastrophic FX losses.
- Diversifying into gold is slow, discreet, and limited by market depth.
Hence the “dollar trap”: everyone wants out, but nobody can leave first.
5. Capital Account Surpluses Are the Accounting Mirror of Trade Deficits
This is often misunderstood but simple. If the US runs a trade deficit of $1 trillion, then by double-entry accounting:
- The US imported $1 trillion of goods
- The rest of the world accumulated $1 trillion of claims on the US
Those claims show up as:
- foreign holdings of Treasuries
- purchases of US property
- EM central banks’ FX reserves
- investments into US equities
The trade and financial accounts must always net to zero. Every deficit dollar must be held by someone.
6. Why This Continues Even If the Dollar Is Declining
This is the paradox:
foreigners keep accumulating the very currency they fear will lose value.
But structurally:
- They need dollars to trade globally.
- They must prevent their own currencies from rising.
- They need safe assets for reserves.
- They have no viable alternative safe asset market.
- The system is too large and too path-dependent to change quickly.
Many central banks are quietly switching their marginal reserves into gold, but they cannot completely exit the dollar system without collapsing their domestic economies.
This is why collapse narratives oversimplify: the dollar’s end will be a process, not an event, and everyone will be dragged through it together.
Notes
EUROPE’S HALF-BUILT UNION
1. THE FAULT - EUROPE’S STRATEGIC WEAKNESS
- Europe built a single currency without building a single financial system.
- Twenty-seven states still run their own banking rules, bond markets and tax regimes.
- This creates a hybrid structure. Too integrated to be flexible. Not integrated enough to be strong.
- Every shock reveals the gap. Eurozone debt crisis. Covid borrowing. Ukraine. De-industrialisation.
- Europe remains economically huge but strategically weak. Its financial architecture is incomplete.
2. THE FIX - WHAT A UNIFIED EUROPE WOULD LOOK LIKE
2.1 A unified European capital market
- One rulebook for banks, insurers and investment funds.
- Capital flows across borders as easily as within a single state.
- Savings in Germany can finance factories in Italy or Spain.
- European companies gain access to deeper funding pools.
- Startups scale faster. Big projects become feasible.
2.2 Eurobonds
- Bonds issued by the EU as a single sovereign entity.
- Borrowing costs converge across the Union.
- Italian or Greek debt no longer triggers market panic.
- The euro becomes a stronger reserve currency.
- A shared debt instrument stabilises crises and increases confidence.
2.3 A unified taxation framework
- Not a single rate, but a single structure.
- Common rules for corporate tax.
- Ends internal competition between Ireland, Luxembourg, the Netherlands and others.
- Creates predictable revenue for shared EU programmes.
- Brings Europe closer to a federal model without eliminating national variations.
3. THE FORMULA – HOW A FULL UNION WOULD FUNCTION
- Eurobonds provide stable long-term financing for defence, energy and industrial policy.
- A unified capital market pools continental savings and lowers financing costs.
- Cross-border banking reduces fragmentation and increases resilience.
- Aligned tax rules reduce volatility and support investment.
- Europe finally gains the financial backbone required for strategic autonomy.
4. THE FALLOUT - RISKS, COSTS AND POLITICAL TRADE-OFFS
Risks include:
- Northern states fear underwriting southern liabilities.
- Loss of national autonomy over taxation and regulation.
- Transition costs for low-tax states such as Ireland.
- Increased centralisation in Brussels.
- Public backlash against integration.
The price of inaction is visible:
- De-industrialisation in Germany, France, Italy and the UK.
- Persistent low productivity.
- Increasing dependence on US and Asian capital.
- Weaker supply chains.
- A slide towards strategic irrelevance.
Europe is declining not because of external threats, but because it lacks the collective will to complete its own project.
5. THE FEEDBACK - STRATEGIC RENEWAL AND LONG-TERM LEARNING
- A completed financial union allows Europe to act strategically instead of reactively.
- Crises become less frequent and less severe.
- The EU can finance its industrial and energy policies without relying on external powers.
- The euro strengthens as a global reserve currency.
- Political legitimacy improves as decision-making gains coherence and confidence.
- Europe rises from managed decline to managed renewal.
6. REFERENCES
- European Central Bank – “The Integrated Capital Markets Union”
https://www.ecb.europa.eu/pub/economic-bulletin - Brunnermeier, J. et al – The Euro and the Battle of Ideas (Princeton, 2016)
- European Commission – “Capital Markets Union Progress Report”
https://finance.ec.europa.eu - Eurogroup – “Reform of the European Stability Mechanism”
https://www.eurogroup.europa.eu - International Monetary Fund – Euro Area Policies: Selected Issues
https://www.imf.org - Dani Rodrik – The Globalisation Paradox (Oxford, 2011)
7. GLOSSARY
- Capital Markets Union – A project to integrate EU financial markets so capital moves freely across borders, ie one deep pool.
- Eurobond – A bond issued by the EU as a whole, backed collectively by member states. War bonds are the attempt at starting this.
- Fiscal Union – Shared taxation and spending structures that reduce divergence and competition between states.
- Financial Fragmentation – When lending conditions differ sharply between countries, despite a shared currency.
- Profit Shifting – Moving corporate profits into low-tax EU jurisdictions.
- Reserve Currency – A currency widely used in global trade and finance. The dollar dominates. The euro lags.
- See next: Why Europe Cannot Become an Empire
The 4F Method- It's a boilerplate problem-solving method for churning out quick on-the-fly action-centred answers to situations calling for change. Nothing clever, just methodical.
Monday, 24 November 2025
N. BEST CITIES TO RETIRE TO IN THAILAND
RETIRING IN THAILAND: FOUR LARGE CITIES THAT OFFER COMFORT, CULTURE AND VALUE
This article is a practical guide to four major Thai cities that give retirees the best balance of affordability, modern health care, gentle living and rich cultural life.
Chiang Mai, Hua Hin, Udon Thani and Korat each offer their own mix of charm and convenience, but without Bangkok’s heat or Phuket’s cost.
1. Introduction
Thailand remains one of Asia’s most appealing retirement destinations. Warm weather, a relaxed rhythm of life, modern health care, and accessible costs make it especially attractive for retirees seeking comfort without chaos.
This guide looks at four Thai cities with populations above 150,000 that offer affordability, culture, medical facilities, and year-round recreation. Each gives retirees a balance between the intimacy of a town and the convenience of a city.
2. Price Overview
2.1 Housing Costs in Major Thai Retirement Cities
| City | Typical Condo Price (THB) | Typical Monthly Rent (THB) |
|---|---|---|
| Chiang Mai | 1.8m – 4.0m | 12,000 – 22,000 |
| Hua Hin | 2.0m – 5.0m | 14,000 – 25,000 |
| Udon Thani | 1.2m – 2.5m | 8,000 – 15,000 |
| Korat (Nakhon Ratchasima) | 1.5m – 3.0m | 9,000 – 16,000 |
2.2 Monthly Living Costs for a Single Retiree
| Category | THB per Month |
|---|---|
| Rent | 10,000 – 20,000 |
| Groceries | 7,000 – 12,000 |
| Eating Out | 3,000 – 8,000 |
| Utilities | 1,500 – 2,500 |
| Internet, Phone | 600 – 900 |
| Local Transport | 1,000 – 3,000 |
| Health Insurance | 3,000 – 8,000 |
| Total | 26,000 – 54,000 |
3. Chiang Mai
Chiang Mai combines cultural richness with easy living. The wider metropolitan area is large, yet the pace of life remains relaxed. Retirees benefit from strong health care options, including several international hospitals and specialist clinics.
The city is also a cultural centre. Art galleries, festivals, music cafés, markets, and Lanna traditions offer a steady stream of activities. Neighbourhoods such as Nimmanhaemin and the Old City remain walkable and friendly.
Nature surrounds the city. Doi Suthep National Park, Mae Sa Valley, waterfalls, hiking routes, and botanic gardens are all within a short drive. Winters are cool, making outdoor living pleasant for much of the year.
Overall, Chiang Mai offers an excellent balance between comfort, culture, and affordability.
4. Hua Hin
Hua Hin is Thailand’s most established seaside retirement destination. With a mature infrastructure, clean beaches, and a peaceful atmosphere, it has long attracted retirees seeking reliability and a regular lifestyle.
Medical facilities are strong, with reputable private hospitals and numerous clinics. Golf courses, beach promenades, cycling paths, markets, and soft evening temperatures make daily life easy.
While costs are higher than inland cities, Hua Hin remains far more affordable than Phuket or Pattaya. Bangkok is only a few hours away by train or car, offering airport access while allowing retirees to enjoy a calmer coastal life.
5. Udon Thani
Udon Thani is one of Thailand’s most budget-friendly cities for retirees. Daily living costs are low, meals are inexpensive, and rental prices remain modest even in central neighbourhoods.
The city is known for its lakes, parks, and friendly atmosphere. Nong Prajak Park is a favourite for morning walks and gentle exercise. The market culture is vibrant, and fresh produce is abundant.
Medical care is strong for a provincial city, with a major public hospital and multiple private hospitals. Udon also has a sociable expatriate community and easy access to the Laos border.
For retirees who value affordability and simplicity, Udon Thani is an ideal choice.
6. Nakhon Ratchasima (Korat)
Korat is the largest city in northeastern Thailand. It offers all the advantages of a sizeable urban centre while maintaining the friendliness of a provincial town.
The city has good hospitals, modern shopping centres, historic sites, parks, and a stable, organised layout. Nature is close by. Khao Yai National Park sits just over an hour away and offers hiking, waterfalls, and cooler mountain air.
Property prices are moderate, and the cost of living is steady. Korat suits retirees who want reliable amenities, culture, and easy access to countryside escapes.
7. Conclusion
Thailand’s mid-sized cities offer retirees a warm, stable, and affordable life. Each city has its own strengths.
Chiang Mai gives culture and mountain cooler seasons.
Hua Hin provides seaside calm and order.
Udon Thani offers affordability and community warmth.
Korat balances urban convenience with nearby nature.
For retirees seeking comfort, culture, and value, Thailand remains one of the world’s most inviting destinations.
8. References
Thai Real Estate Association - Market Prices
https://www.trea.or.th
Numbeo - Cost of Living Database
https://www.numbeo.com/cost-of-living/
Thailand Ministry of Interior - Population Statistics
https://www.moi.go.th
Thailand Medical Hub Directory - Hospital Listings
https://www.thailandmedicalhub.net
State Railway of Thailand - Transport and Distances
https://www.railway.co.th
Sunday, 23 November 2025
N. MICHELIN GUIDE TO CHIANG MAI
MICHELIN GUIDE TO CHIANG MAI
23 November 2025
Here we look briefly at what the MICHELIN Guide is, how it applies to Chiang Mai, and five recommended restaurants near Chang Khlan.
NOTA BENE: This article on Michelin listed restaus in Chiang Mai was written on research by ChatGPT - more mistakes from ChatGPT here - we had a lovely evening last night in the Ginger Farm, which is a two star Michelin in Chiang Mai... so there are starred Michelin restaurants.
PART I - WHAT IS MICHELIN
1. Origins
The MICHELIN Guide began in 1900 as a small red handbook created by the Michelin brothers to help motorists travel. It listed maps, mechanics, petrol stations - and eventually restaurants. Over time, the dining section became the most significant part of the guide.
2. How the Stars Work
Today the guide is the world’s leading restaurant rating system. Anonymous inspectors judge only the quality of the food.
• One star: very good cooking, worth a stop.
• Two stars: excellent cooking, worth a detour.
• Three stars: exceptional cuisine, worth a special journey.
Michelin also awards
• Bib Gourmand for good cooking at fair prices, often the heart of the guide - and
• Selected restaurants.... surely no restaurant wants to be left out.
3. Michelin in Asia and Thailand
Michelin’s expansion across Asia reflected the growing importance of the region and the depth of its culinary craft. Thailand now has editions covering Bangkok, Phuket and Chiang Mai. Street vendors, family-run kitchens and modern restaurants are all assessed on the same five criteria: quality of ingredients, technique, personality, value, and consistency.
4. What to Expect in Chiang Mai
Chiang Mai’s selection is rooted in Northern Thai identity: khao soy, hang lay curry, grilled meats, artisanal / street cafés, and contemporary Lanna cuisine. The guide here offers direction rather than prestige - it's a curated map of skilled, characterful cooking at all price levels.
PART II - MICHELIN IN CHIANG MAI
1. Introduction
Michelin’s arrival in Chiang Mai highlighted the city’s mix of tradition and creativity. The inspectors recognise not only high-end restaurants but also street stalls and kitchens where skill has been perfected over long periods of time, decades even.
Chiang Mai’s blend of Lanna heritage, Burmese influence, international cuisine with the arrival of expat communities and tourism, and street culture, fits well into Michelin’s criteria.
2. What to Expect
2.1 Variety
From riverside dining rooms to smoky roadside grills, the guide celebrates skill, leaving formality (and price!) to the high class hotel-restaurants.
2.2 Local Flavour
Many entries champion northern staples: khao soi, hung-lay, nam prik noom, grilled pork jowl, and herb-rich sticky rice dishes.
2.3 Value (Bib Gourmand)
Chiang Mai has many Bib Gourmand listings — ideal for travellers wanting authentic quality without fine-dining prices.
3. Street Food
Street food is central to Chiang Mai’s Michelin selection. Many stalls have cooked the same dish for 20, 30, 40 years with the same exact techniques and unwavering quality flavours. They are "custodians of culinary heritage", and Michelin recognises this by selecting them for the Guide.
4. Example: Rotee Pa Dae (Bib Gourmand)
Link: https://guide.michelin.com/en/chiang-mai-region/chiang-mai/restaurant/rotee-pa-day
A simple roadside stall on Thapae Soi 4 (18:00–00:00) outside the temple.
What makes it special:
• Eggless roti dough for extra crispness - just organic flour and water
• Cooked slowly in coconut oil
• Crunchy outside, soft inside, almost pastry-like
• Around 20 topping choices including a flavoursome goat curry.
Michelin values Roti Pa Dae's precision, consistency and honest flavour. Eating here is "a street-side experience", they say - paper no plates, on the hoof no seats - ... unforgettable. And popular, numbered queues, hungry waits, maybe 50 people sometimes in the early evening.
As it happens, the entrepreneur who created Roti Pa Dae also has a butchers shop in the Chinese / Muslim Friday Market at Phaploen, an organic livestock farm at Hang Dong and he built a place of worship for his people.
At school, he tells us, he was the Student Leader (Phu Nam Yao Chon) - the only Muslim in his class, the rest being buddhist. The role in a Buddhist school is about leadership + moral example, rather than prefect-style authority, emphasising guidance, calm behaviour, and responsibility, not discipline.
Hamza and goat topping - no photo of his aunt Pa Dae. Being in Michelin and word-of-mouth + organic has meant long queues and a ticket-number system. A roti costs $80c.
What This Means for Diners
Chiang Mai’s Michelin entries show that:
• excellence doesn’t require high prices
• heritage recipes matter
• quality can appear anywhere
• a guide-worthy meal may cost only 30 - 60 baht
For visitors, this Guide offers a curated map of dependable, character-full cooking. For locals, it affirms and honours long-standing tradition.
PART III - FIVE RECOMMENDATIONS NEAR CHANG KHLAN
1. Belén by Paulo Airaudo
153 Sridonchai Rd
Fine-dining with global influences and elegant plating. Among the most formal options.
2. The Service 1921 Restaurant & Bar
123 Charoen Prathet Rd
Colonial-era setting, contemporary Thai dishes, refined atmosphere. Book ahead.
3. Kiti Panit
19 Tha Phae Road
A beautifully restored teak mansion serving classic Northern Thai dishes with finesse.
4. Roti Pa Dae
(Street food)
Michelin Bib Gourmand. Crisp roti, coconut oil, brilliant simplicity.
5. The House by Ginger
199 Mun Mueang Rd
Relaxed, stylish, modern takes on Northern dishes; ideal for lunch or dinner.
Glossary
MICHELIN Guide: Global rating system evaluating food quality and consistency.
Bib Gourmand: Excellent cooking at moderate prices
Selected: cf not selected!
Street Food: Specialised dishes cooked in public spaces.
Roti: Thin fried flatbread.
Coconut oil: Aromatic oil used widely in Thai Muslim-style roti.
Thursday, 20 November 2025
9. TAIWAN - BRIEF HISTORY AND WHY IT MATTERS
PART I - BRIEF HISTORY OF TAIWAN
1. Early Peoples
Taiwan’s first inhabitants were Austronesian peoples, related to those of the Pacific and Southeast Asia.
They lived in coastal settlements, traded widely, and developed distinct languages that survive in small numbers today.
Han Chinese migration began only in the 1600s, making Taiwan's Han population relatively recent.
2. The Age of Colonisers
In the 17th century the island became a frontier contested by empires.
The Dutch ruled parts of the west coast, using Taiwan as a trading post.
The Spanish briefly held the north.
Indigenous groups resisted, sometimes violently, but were gradually pushed inland.
3. The Zheng Kingdom (1662 - 1683)
Ming-loyalist Zheng Chenggong (Koxinga) expelled the Dutch and built a short-lived maritime kingdom.
It served as a base for resistance against the Qing dynasty (*), and connected Taiwan more firmly to the Chinese world.
After his successors weakened, the Qing invaded and annexed the island.
4. Qing Rule (1683 - 1895)
Taiwan was governed as a frontier.
Han migrants arrived in large numbers.
Indigenous peoples lost territory steadily.
Rebellions were frequent, caused by land disputes, taxes, and weak administration.
By the 19th century, Taiwan was important to Qing trade, especially tea and camphor.
(*Qing and Han explained below.)
5. Japanese Rule (1895 - 1945)
After losing the First Sino-Japanese War, China ceded Taiwan to Japan.
Japan modernised the island aggressively: railways, sanitation, schools, and industry.
It also imposed assimilation and suppressed dissent.
Many Taiwanese still remember this era as harsh but transformative.
6. The Republic of China Arrives (1945 - 1949)
Japan’s defeat returned Taiwan to Chinese control.
But Chiang Kai-shek’s Nationalist government ruled poorly.
Corruption, inflation, and repression led to the February 28, 1947 uprising, which was crushed with mass killings.
This event shaped Taiwanese identity profoundly.
7. The Cold War Refuge (1949 - 1980s)
When the Communists won the Chinese Civil War, the Nationalists retreated to Taiwan
Also to Thailand incidentally where after many decades they eventually obtained Thai citizenship. They cultivate the hills north of Chiang Mai, growing tea and coffee. There are Chinese villages in this northern part of Thailand.
The island of Formosa (** see below) became the “Republic of China”, protected by the United States.
Martial law lasted for 38 years - one of the longest periods of political repression in the 20th century.
Economic growth, however, was spectacular.
Taiwan became one of the Asian Tigers.
8. Democratisation (1980s - 2000s)
Martial law ended in 1987.
Social movements demanded reform.
Free elections followed.
Taiwan developed a vibrant democracy with strong civil society and press freedom.
Political life became shaped by two identities:
those who see Taiwan as part of China,
and those who see it as a sovereign nation.
9. Modern Taiwan
Taiwan is a high-tech powerhouse and the world leader in advanced semiconductors.
Its democracy, culture, and openness contrast sharply with China.
Beijing claims Taiwan as its territory; Taiwan rejects this claim.
Strategic Ambivalence of America and China
China insists Taiwan is an inseparable part of its territory and keeps the threat of force on the table, but avoids immediate action because war would be catastrophic and politically risky.
The United States, meanwhile, practises strategic ambiguity - refusing to say clearly whether it would defend Taiwan, balancing deterrence against China with the need to avoid triggering the very conflict it wants to prevent.
The island now stands at the centre of East Asia’s strategic tensions - a small democracy with global economic importance.
Summary line
Taiwan’s history is one of shifting rulers, resilient peoples, and a growing sense of identity - from Indigenous island to Japanese colony, from authoritarian refuge to dynamic democracy on the frontline of Asian geopolitics.
-
PART II - WHY TAIWAN MATTERS
1. Geography and Power Taiwan sits on the first island chain running from Japan down to the Philippines.
This arc forms East Asia’s natural defensive wall.
Whoever controls Taiwan shapes the entire balance of power between China, Japan, and the United States.For Beijing, Taiwan is the broken link in a chain it wants to dominate. It would like to push America out to the second island ring.
For Washington and Tokyo, Taiwan is the keystone in its strategic policy of containment, preventing Chinese naval expansion into the wider Pacific.
2. Economics and Global Supply Chains Taiwan produces the world’s most advanced semiconductors through TSMC.
Its tiny territory manufactures chips used in phones, data centres, weapons systems, AI hardware, and global logistics.If Taiwan fell or production was disrupted, the world economy would jolt:
- supply chains freeze
- inflation spikes
- tech slows
- global manufacturing stalls
Semiconductors are the new oil. Taiwan is the Strait of Hormuz.
3. Democracy and Identity Taiwan is one of Asia’s strongest democracies.
Its elections are peaceful, competitive, and open.
The press is lively and critical. Civil society is active.Most Taiwanese today identify as Taiwanese, not Chinese.
This identity shift breaks Beijing’s narrative that “reunification” is natural, inevitable, or desirable.
4. China’s Strategic Calculus For China, Taiwan is:
- a historical mission
- a nationalist promise
- a strategic vulnerability
- a symbol of regime legitimacy
But invasion risks catastrophe:
- high casualties
- uncertain success
- massive economic sanctions
- US and Japanese intervention
- collapse of foreign investment in China
China prefers grey zone pressure, cyberwarfare, military exercises, diplomatic isolation.
5. The American Role The US follows “strategic ambiguity”, as we've seen - promising military help without stating it outright.
This deters China without formally provoking war.For Washington, Taiwan is:
- a frontline democracy
- a semiconductor lifeline
- a strategic anchor in the Pacific
- a test of US credibility with allies
If Taiwan falls, US alliances across Asia weaken.
6. Japan’s Stakes Japan cannot ignore Taiwan’s fate.
They are geographically interlocked.
Taiwan’s loss would expose Japan’s southern flank and alter maritime routes.Tokyo has shifted from quiet diplomacy to explicit statements:
Taiwan’s security is Japan’s security.
7. The Military Reality The Taiwan Strait is only 130 km wide, but the amphibious assault required would be one of the hardest operations in modern history.
Taiwan’s “porcupine strategy”:
- mobile missiles
- drones
- hardened bunkers
- dispersed command systems
- asymmetric warfare
Not to defeat China outright, but to make invasion too costly.
8. Why It Matters to the West Taiwan’s future will shape:
- global technology supply
- balance of power in Asia
- credibility of US alliances
- norms around sovereignty and coercion
- China’s rise and limits
A crisis in Taiwan would not be regional.
It would be global.
9. Symbolism Taiwan represents a rare combination:
- ethnic Chinese society
- democratic governance
- technological leadership
- cultural creativity
It shows that “Chinese civilisation” is not tied to one political model.
That alone makes Taiwan ideologically dangerous to Beijing.
10. Summary Line Taiwan matters because it is the frontline of global geopolitics, a semiconductor powerhouse, a resilient democracy, and the pivotal test of China’s ambitions and America’s resolve.
Part III - NOTES ON QING AND HAN, FORMOSA
Qing Dynasty
The Qing (1644–1912) was China’s last imperial dynasty, ruled by the Manchus, not the Han majority. It expanded China to its greatest territorial size but struggled with internal decay, Western pressure, and rebellion. It collapsed in 1912, ending China’s imperial era.
The Han
The Han are the ethnic majority of China today, making up over 90 percent of the population. Their cultural foundations come from the earlier Han Dynasty (206 BCE–220 CE), which shaped Chinese identity, bureaucracy, and language. When people say “Chinese” in an ethnic sense, they usually mean Han.
**Formosa
Portuguese sailors in the 16th century named the island Ilha Formosa meaning Beautiful Island. The name stuck for centuries and was used by European traders, Qing officials, and even the Japanese. Today it survives mainly as a poetic or historical term for Taiwan.
Wednesday, 19 November 2025
8. OKINAWA - EMPIRE’S EDGE, JAPAN’S BLIND SPOT
OKINAWA - EMPIRE’S EDGE, JAPAN’S BLIND SPOT
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1. From Ryukyu Kingdom to Japanese Prefecture
- Ryukyu Kingdom - an independent island monarchy from 1429 to 1879.
- It had its own monarchy, Ryukyuan languages, and sea-trade network linking China, Japan, Korea, and Southeast Asia.
- In 1879, Meiji Japan annexed Ryukyu, exiled the king, and renamed it Okinawa Prefecture.
- This was not integration but classic colonisation - a small maritime kingdom absorbed by a modernising empire.
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2. Strategic Geography - Valuable But Expendable
- Okinawa lies between Japan, Taiwan, China, and the Philippines.
- Militarily it is Japan’s front line in the Western Pacific.
- Economically and politically it is tiny - roughly the size of Devon and less than 1 percent of Japan’s land area.
- This combination makes it ideal, from Tokyo’s viewpoint, as a place to park foreign bases and domestic problems.
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3. The Battle of Okinawa - A Sacrificed People
- In 1945, Okinawa became the last major battle of the Pacific War.
- For Japan, the strategy was attrition: make Okinawa so costly that the United States might hesitate to invade the main islands.
- Around 100,000 to 150,000 Okinawan civilians died - roughly one quarter to one third of the population in three months.
- Japanese forces treated Okinawans as expendable:
- Executed those speaking Ryukyuan dialects as suspected spies.
- Forced families into group suicides with grenades rather than surrender.
- Drove civilians from caves to free space for wounded soldiers.
- Okinawans later called themselves as sute-ishi - “discarded stones” sacrificed to protect mainland Japan.
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4. American Occupation And The Base Archipelago
- After 1945, Okinawa was ruled directly by the United States, separate from Japan.
- Japan regained sovereignty in 1952. Okinawa did not. It sat in a limbo for 27 years as a US military colony with Japanese nationals but no Japanese government.
- Reversion to Japan came only in 1972. Many Okinawans expected the US bases to shrink.
- Instead, a new pattern was fixed:
- Okinawa is less than 1 percent of Japan’s land area.
- Yet it hosts roughly 70 percent of all US military facilities in Japan.
- The island became a dense base archipelago - airfields, ports, training grounds, storage depots.
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5. Why The Bases Stay - Security, Convenience, And Indifference
- Article 9 of Japan’s constitution renounces war and restricts offensive military capability.
- In practice, Japan relies on the US - Japan alliance for hard security, especially against China and North Korea.
- When Washington wants to move or expand facilities, for example Futenma to Henoko, Tokyo almost always agrees.
- Structural reasons:
- The alliance is central to Japanese defence doctrine.
- No other prefecture wants new bases - national level NIMBY.
- Okinawa has only 4 seats in the 465-seat lower house meaning little electoral leverage.
- Tokyo presents this as the “least bad option” for national security. Okinawa pays the local price for a national calculation.
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6. Marginalisation Inside A Supposedly Homogeneous Nation
- Officially, Japan describes itself as ethnically uniform: one people, one culture.
- There is no comprehensive anti-discrimination law covering ethnicity or region.
- Ryukyuans are not recognised in law as a distinct indigenous people, despite UN criticism.
- This legal fiction allows the state to say “we are all Japanese, so no special protections are needed” whilst:
- Concentrating bases in one peripheral region.
- Allowing stereotypes of Okinawans as lazy or backward to circulate.
- Overriding local opposition on “national security” grounds whenever necessary.
- It is not overt malice so much as structural indifference backed by centralised power.
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7. Why There Is No Strong Independence Movement
Compared with Catalonia or the Basque Country, the absence of a strong Okinawan independence movement is striking. Several reasons overlap.
-
Demographic destruction
- A quarter to a third of the population died in 1945.
- Ryukyuan languages are now spoken fluently by very few under 40.
- Language is the core of a durable political identity and Ryukyuan is disappearing.
-
Economic dependency
- Okinawa is Japan’s poorest prefecture.
- Subsidies from Tokyo and money tied to bases and tourism are central to its economy.
- Independence would mean losing those flows without any substitute sources of income.
-
No external sponsor
- Any Chinese support for independence would instantly be seen as a geopolitical move, discrediting the cause.
- Unlike Catalonia in the EU, Okinawa has no friendly regional framework to fall back on.
-
Trauma and realism
- The Battle of Okinawa taught that resistance can equal annihilation.
- Independence would mean: loss of Japanese citizenship, exposure to Chinese pressure, but continued US interest.
- Most Okinawans therefore push for fairer treatment within Japan, not separation from it.
-
Resistance does exist - in anti-base voting, legal challenges, cultural revival - but it is tactical, not secessionist.
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8. Parallels With Korea - Colonisation And Denial
There are clear echoes of how Japan treated Korea:
- Japan's denial of Okinawan civilian deaths mirrors its comfort women denial:
- Forced annexation of a previously independent kingdom.
- Suppression of language and culture in favour of a standardised “Japanese” identity.
- Economic exploitation and use of the population as expendable in wartime.
- The pattern of denial is similar too - minimising or sanitising war crimes, softening textbook accounts, framing coercion as “voluntary sacrifice”.
- The key difference is power: South Korea became a sovereign state able to demand recognition and reparations.
- Okinawa remains a Japanese prefecture without international voice. Its museums and memorials tell the story, but they rarely reach the mainland - let alone the wider world.
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9. Culture As Fusion - Champuru Identit
Champuru means “mix” - and Okinawan culture is exactly that.
-
Ryukyuan layer
- Eisa dance, sacred groves (utaki), yuta priestesses, awamori spirit, pork-heavy cuisine.
-
Chinese influence
- Shisa lion-dogs at gates, aspects of court culture, stir-fry techniques, early martial arts roots.
-
Japanese overlay
- Language dominance, schooling, bureaucracy, national media.
-
American occupation legacy
- English loanwords, car culture, base-side entertainment zones, “American Village”, A&W, spam and taco rice.
-
Hawaiian marketing
- A genuine diaspora link to Hawaii overlaps with a conscious branding strategy as “Japan’s Hawaii” for mainland tourists.
-
The result is not a neat multicultural mosaic but a hybrid identity that is both global and distinctly local, yet increasingly packaged for visitor consumption.
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10. Karate - From Ryukyuan Art To Japanese Brand
- Karate emerged in Ryukyu from local fighting systems combined with Chinese martial arts, particularly after Satsuma’s 1609 invasion and ban on weapons.
- In the 1920s and 1930s, as karate was taken to mainland Japan, it was refashioned:
- Characters changed from “Chinese hand” to “empty hand”.
- Japanese ranking systems and terminology were imposed.
- It was presented as a Japanese martial art from “southern Japan”.
- During the war, karate served nationalist mobilisation. After the war, Japanese organisations controlled its global spread.
- Today, most practitioners worldwide know karate as “Japanese”. Okinawa offers “authentic Okinawan karate” as a niche pilgrimage and tourism product - a low-key form of cultural reclamation after appropriation.
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11. Tourism, Exoticism, And The Double Game
- For mainland Japan, Okinawa is:
- A tropical playground for domestic tourists.
- An exotic “other” inside the nation with beaches, bright shirts, relaxed vibe.
- For the state, it is also:
- A military buffer against China.
- A convenient dumping ground for US bases that other prefectures will not accept.
- Officially, Okinawans are simply Japanese citizens like any others.
- Practically, they are treated as a peripheral people whose history, trauma, and objections can be overridden in the name of security and national unity.
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12. What Okinawa Means Today
-
To Tokyo and Washington
- A geostrategic asset anchoring the US - Japan alliance in the Western Pacific.
- A place where the costs of deterrence can be discretely concentrated.
-
To the outside world
- Largely invisible, Okinawa is known, if at all, as “Japan’s islands near Taiwan” or as a generic diving destination.
-
To Okinawans themselves
- The memory of a kingdom annexed and a people sacrificed.
- A present that is shaped by bases, tourism, and suffers from limited autonomy.
- A culture that survives as both "lived identity" and "curated performance".
- A constant sense of being Japanese enough to bear burdens, but not Japanese enough to be fully heard.
Okinawa sits at the intersection of empire, memory, and strategy ... as a place where Japan’s official story of homogeneity and pacifism breaks down, and where the unresolved tensions of the 20C remain very much alive.
Friday, 14 November 2025
N. THREE THAI-STYLE BREAKFAST FRUITS
1. Introduction
Thailand offers an extraordinary variety of fruits, rich in flavour and full of nutritional benefits.
This short guide brings together the essentials: three Thai fruits and three simple breakfast ideas designed for energy, weight control, a glowing skin and great digestive health.
These are small, practical routines that shape the quality of a day.
2. Tropical Fruits Explained
2.1 Asian Pear (Nashi Pear)
- Crisp, refreshing, lightly sweet
- Excellent hydration
How to eat: slice and serve chilled; peeling optional.
2.2 Persimmon (Makok Farang / Thaen)
- Soft, jam-like when ripe
- High in antioxidants
How to eat: peel the skin, cut into segments, eat slowly.
2.3 Canistel (Eggfruit / Lamut Khai)
- Dense and creamy, similar to sweet potato or cooked egg yolk
- Pairs well with yoghurt or oats
How to eat: cut open and scoop with a spoon.
3. Three Thai-Style Fruit Breakfasts
3.1 For Energy
- Canistel
- Greek yoghurt
- Honey
- A handful of nuts
A steady, sustained release of morning energy.
3.2 For Weight Control
- Sliced Asian pear
- Boiled egg or light omelette
- Green tea
Light, satisfying, and helpful for appetite regulation.
3.3 For Digestion and Skin Health
- Ripe persimmon
- Oats or muesli
- Warm lemon water
A gentle, cleansing start that supports gut health and skin.
4. Why These Work
4.1 Balanced Diet
The mix of fruit, whole grains, protein, and healthy fats that stabilises energy and mood.
4.2 Metabolism
Your natural pace of using energy; supported by protein and green tea.
4.3 Fibre
Essential for digestion and inflammation control; found in pears, persimmon, and oats.
4.4 Antioxidants
Natural compounds that support skin, immunity, and cell repair.
5. Conclusion
A Thai-style fruit breakfast is an easy way to stay healthy while enjoying the best of the local harvest.
Each option suits a different purpose: energy, slimness, or digestion.
Simplicity, done with intention, is usually what makes life feel well lived rather than rushed.
Wednesday, 12 November 2025
7. A BRIEF HISTORY OF JAPAN
Tuesday, 11 November 2025
6. THE JAPANESE ZEN ART OF SIMPLE LIVING
1. Structure of the Book
The book contains 100 short lessons, each just a page or two.
These are grouped into four main parts, reflecting a gradual path from external simplicity to inner calmall with four parts covering order, mindfulness, gratitude, and compassion. The visual flow runs from outer simplicity to inner peace, in the same calm, neutral aesthetic as before:
- Part One clears physical space
- Part Two uses that clarity to calm the mind
- Part Three transforms awareness into joy
- Part Four deepens practice into purposeful living.
How to use this book
Each part blends Zen wisdom with everyday actions - cleaning, arranging, breathing, walking... - showing how tranquillity comes through ordinary practice.
Each lesson stands alone - read one daily as morning reflection, or browse intuitively. Masuno invites practice, not memorisation. Revisit lessons as they resonate with your current season of life.
2. Part One – Simplify Your Life
Focus on tidying and de-cluttering both physically and mentally.
Masuno advises doing one thing at a time, keeping only what serves a purpose, and creating ma - open space.
Central Concept: Ma (間)
Ma is the Japanese principle of "space between" - empty corners, pauses between breaths, silence between words. Masuno teaches that peace lives not in things, but in the spaces we create around them.
Key lessons:
- “Start your day by making your bed” - not for perfection, not for Jordan Peterson, but as a ritual of readiness.
- “Empty your mind as you would tidy a drawer.”
- “Leave one corner of your home empty.”
Theme: External order as the foundation for inner calm.
3. Part Two – Clear Your Mind
Learn to notice the present moment and let go of what doesn’t matter.
Techniques include conscious breathing, short pauses, and stepping outside to feel the air.
Key lessons:
- “Sit quietly and notice the sounds around you.”
- “Stop comparing yourself with others.”
- “Accept that some things are beyond your control.”
Theme: Peace grows not from control but from awareness.
4. Part Three – Find Joy in the Everyday
Cultivate gratitude and playfulness in small acts.
Examples include cleaning as meditation, savouring tea, arranging flowers, and observing the seasons.
Key lessons:
- “Find one beautiful thing each day.”
- “Do something kind without expecting thanks.”
- “Smile at the sky” - a practice of gratitude that costs nothing.
Theme: Mindfulness turns routine into quiet celebration.
5. Part Four – Live Meaningfully and Mindfully
A gentle guide to living with intention and connection.
Emphasis on humility, patience, and compassion - the Zen way of finding meaning through presence, not ambition.
Key lessons:
- “Learn to rest in uncertainty.”
- “Treat each task as sacred.”
- “End your day by expressing gratitude.”
Theme: Simplicity as a spiritual discipline.
6. Overall Message
Masuno’s book is not theory but practice.
It teaches that serenity arises from structure, rhythm, and respect for the spaces between things - a lived form of ma.
By making small, conscious adjustments each day, we cultivate stillness without retreating from ordinary life.
7. Summary Table – The Flow from Outer Order to Inner Peace
| Part | Focus / Theme | Examples of Daily Practices | Emotional Effect |
|---|---|---|---|
| 1. Simplify Your Life | Create space and clarity by removing clutter. | Make your bed each morning • Keep only what you use • Leave one corner empty • Do one task at a time. | Calm, order, lightness. |
| 2. Clear Your Mind | Let go of unnecessary thoughts and comparisons. | Sit quietly and listen • Breathe deeply before decisions • Stop competing • Step outside and feel the air. | Stillness, acceptance, focus. |
| 3. Find Joy in the Everyday | Discover beauty and gratitude in ordinary acts. | Arrange a flower • Clean as meditation • Notice one beautiful thing daily • Smile at the sky. | Contentment, delight, gratitude. |
| 4. Live Meaningfully and Mindfully | Align actions with compassion and intention. | Treat each task as sacred • Rest in uncertainty • Express thanks before sleep. |
Purpose, humility, peace. |
8. Final Reflection
Masuno guides the reader from tidying the room to tidying the heart.
Every action - sweeping, breathing, smiling - becomes a doorway to calm.
Simplicity, he reminds us, isn’t absence; it’s the presence of space, rhythm, and care.
1. Simplify your life
2. Clear your mind
3. Find joy in the everyday
4. Live meaningfully and mindfully
Simplicity isn't emptiness - it's the presence of space, rhythm, and care. Care for self, care for partner. Masuno shows that enlightenment doesn't require monasteries or mountains. It begins with a made bed, a single flower, a conscious breath. Start anywhere. Start today.









