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Showing posts with the label USA

DAY 12: The Story of Saigon and Vietnam

Vietnam brings back a horrid past for the USA.  We lost the Vietnam War, our worst defeat in history.  Here is a  video attesting that the defeat was worse than you thought . The country is officially the Socialist Republic of Vietnam with today a population of 102 million, ranking #15 in the world.  The capital is Hanoi, while the largest city is Ho Chi Minh City. Some history, Was inhabited by the Paleolithic age in the first millennium BC. Came under Chinese rule from 111 BC until 939 AD. During the 17th and 18th centuries, Vietnam had two domains. One of them surrendered to France in 1883, and was named French Indochina. In the immediate aftermath of World War II, the Viet Minh, led by Ho Chi Minh, launched the August Revolution, declaring Vietnam's independence in 1945. But France returned to reclaim colonial power, and the U.S. began to encroach in the early 50's. There was prolonged warfare until a treaty was signed in 1954 between the Viet Minh and France, wh...

UPDATE ON THE BITCOIN

 I get a bit into bitcoin today to reflect how volatile it can be. Yesterday,  President Donald Trump threatened new 100% tariffs on China. The  U.S. stock market tumbled , with the Dow Jones Industrial dropping 879 points, or 1.9%.  The broader S&P dropped 2.71%, and the tech-heavy Nasdaq Composite slid 3.56%. Gold rose 1.5%.   Read my posting of yesterday on how just this commodity could trigger a collapse of the USA and World . In particular,  cryptocurrencies Bitcoin ( almost a 10% decline ), Ether ( 14.2% ) and Solana ( 20% ) led the sinking , bringing total liquidations to $14.28 billion, the largest in crypto history.  One of Trump's executive order to allow digital assets to be included in 401(k) plans led to  Bitcoin  soaring to a record high of $124,000 last week.   When to capitalize (b)itcoin?  When referring to the protocol, technology or network.  But lowercase bitcoin is used as a unit of currency....

COGNAC

This is the third and final part of our trip to France in 2019.  Part 1 was to  champagne country , Part 2  Bordeaux , and this Part 3 to Cognac, which is both a town ( 250 miles southwest of Paris ) and the highest form of brandy.  All bottles labeled Cognac are produced from grapes grown in this location.  The population of Cognac is around 19,000, but was as high at 22,000 in 1975. We only stayed two nights in Cognac, at what was then a new  Chais Monnet , one of the very finest hotels we have ever experienced.  Virtually adjacent are the grand four cognac companies, Martel, Hennessey, Courvoisier and Rémy Martin.  I picked this hotel because Rémy Martin is just across the street, where we had made a special appointment to get a private tour.  These four make 93% of all the cognac drunk.   We arrived by train.  Every major train station has a taxi stand, right?  Nope.  We waited for 15 minutes, and finally got some...