This is in traceback to Seth Godin’s post on the best middle name.

It’s not Warren or Susan or Otis or Samuel or Tricia.

It’s “The.”

As in Attila The Hun or Alexander The Great or Zorba The Greek.

The web is getting saturated. It’s no brainers that the web is THE platform. Doesn’t matter which OS you’re using, just as long as you’re on the web. It reminds me of unix environment where its philosophy is to do one thing and do it well. I think the Web is quickly coming down to that too.

Twitter is the microblogging or real-time updates.

Facebook is the social networking app to be a member of.

Google is the search engine to go to.

Gmail is the webmail to use (at least to me.)

Flickr is the photo sharing website to upload pics.

Wikipedia is the online encyclopedia to go to.

Amazon is the place to do online shopping.

YouTube is the website to upload videos to.

You get my drift.

Ofc, Barack Obama is the President now. :-)

I’ve been Twittering and I must admit. It’s addicting due to its real-time updates. That’s what mainly draws people to Twitter where they share their brief thoughts quickly and to share links too. Another thing I’ve been thinking why it’s so popular is that it fills the void of a profile page for personal websites or blogs. Many Twitters have their own personal website. Twitter is the one that is frequently updated, so users explore around, reading different tweets and if they happen to find that “profile page” interesting, they may click on the personal website address at the top right to learn more about that person and what s/he may have blogged.

Thought I’d take a stab at explaining how economy works, generally speaking, in layman’s terms and from the macroeconomics’ perspective. I’m not trying to write a Ph.d dissertation so don’t be shooting me with reference whereabouts as I am just writing off my head, with what I know and being reasonable.

I suppose it’s hard not to be thinking about economy since that’s the hot issue right now, with 2.4 million jobs being lost—the most since 1940. Yikes. So, I’ve been thinking what economy really is. At first, I thought it is just a cycle that if studied and know how it works, enables you to become rich and have a great life, or in other words, living out the “American dream”.

Let me say that economy is purely abstract. It only exists as math in your head. Numbers. It used to be based on the value of gold till someone realizes that’s not necessary and break off the valuation. That’s because there are enough goods, services, and possessions created that apparently, people want them badly enough. Dollar simply provides the means for it. Want a Porsche? then you’d have to work your ass off till you have enough to afford it. Want some hot flesh lap dance and more some than that ? Pay some fat dollars. Nothing to do with gold. Just numbers.

Price is simply the amount that you would be willing to pay for it. Marketers are expert in pricing their items in such a way that it’s not too high that customers won’t pay nor too low as to lose the profits. They aim to achieve profit margin as wide as they can. No buy? then lower the price (called a sale) till customers say “hey, this is pretty affordable. I can purchase this.” A sale is made—seller gets money and the buyer is now one happy customer with the wanted good.

(more…)

I was surfing on the Internet and much to my own surprise and (late), the oldest wooden structure in Seoul is entirely burned down. I visited this building in 2002.

National Treasure No. 1 Burns
Namdaemun gate on Wikipedia

Unbelievable.