<?xml version='1.0' encoding='UTF-8'?><?xml-stylesheet href="http://www.blogger.com/styles/atom.css" type="text/css"?><feed xmlns='http://www.w3.org/2005/Atom' xmlns:openSearch='http://a9.com/-/spec/opensearchrss/1.0/' xmlns:georss='http://www.georss.org/georss' xmlns:gd='http://schemas.google.com/g/2005' xmlns:thr='http://purl.org/syndication/thread/1.0'><id>tag:blogger.com,1999:blog-1909324056319733913</id><updated>2012-01-22T01:43:18.777-08:00</updated><title type='text'>Michael Chew's Blog</title><subtitle type='html'></subtitle><link rel='http://schemas.google.com/g/2005#feed' type='application/atom+xml' href='http://mickchew.blogspot.com/feeds/posts/default'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default?max-results=100'/><link rel='alternate' type='text/html' href='http://mickchew.blogspot.com/'/><link rel='hub' href='http://pubsubhubbub.appspot.com/'/><author><name>Michael Chew</name><uri>http://www.blogger.com/profile/11801867493433430644</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='28' src='http://3.bp.blogspot.com/-fd59slAkbug/TxvYuLGpxvI/AAAAAAAAAC4/I9CSQT_359o/s220/michael_chew.jpg'/></author><generator version='7.00' uri='http://www.blogger.com'>Blogger</generator><openSearch:totalResults>12</openSearch:totalResults><openSearch:startIndex>1</openSearch:startIndex><openSearch:itemsPerPage>100</openSearch:itemsPerPage><entry><id>tag:blogger.com,1999:blog-1909324056319733913.post-8296986310239474371</id><published>2011-02-26T05:44:00.000-08:00</published><updated>2011-02-26T06:18:28.636-08:00</updated><title type='text'></title><content type='html'>&lt;a href="http://2.bp.blogspot.com/-zImiCJv2E5Q/TWkLkKMSQuI/AAAAAAAAACI/rqEtbCfAWGU/s1600/table%2B1.gif"&gt;&lt;img style="float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 320px; height: 134px;" src="http://2.bp.blogspot.com/-zImiCJv2E5Q/TWkLkKMSQuI/AAAAAAAAACI/rqEtbCfAWGU/s320/table%2B1.gif" border="0" alt=""id="BLOGGER_PHOTO_ID_5578002329314149090" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;a href="http://4.bp.blogspot.com/-f0Tqnp9E1-Y/TWkJVUAzAuI/AAAAAAAAACA/ZKYH1AQCObk/s1600/trend.gif"&gt;&lt;img style="float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 320px; height: 218px;" src="http://4.bp.blogspot.com/-f0Tqnp9E1-Y/TWkJVUAzAuI/AAAAAAAAACA/ZKYH1AQCObk/s320/trend.gif" border="0" alt=""id="BLOGGER_PHOTO_ID_5577999875229024994" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;a href="http://2.bp.blogspot.com/-pp29ZQlf21o/TWkFrc5JZUI/AAAAAAAAAB4/qmSsUmK4uAE/s1600/table%2B1.gif"&gt;&lt;img style="float:left; margin:0 10px 10px 0;cursor:pointer; cursor:hand;width: 320px; height: 180px;" src="http://2.bp.blogspot.com/-pp29ZQlf21o/TWkFrc5JZUI/AAAAAAAAAB4/qmSsUmK4uAE/s320/table%2B1.gif" border="0" alt=""id="BLOGGER_PHOTO_ID_5577995857523467586" /&gt;&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;Table 1 – RAPM Raw Score for University Samples&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1909324056319733913-8296986310239474371?l=mickchew.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://mickchew.blogspot.com/feeds/8296986310239474371/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=1909324056319733913&amp;postID=8296986310239474371' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/8296986310239474371'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/8296986310239474371'/><link rel='alternate' type='text/html' href='http://mickchew.blogspot.com/2011/02/table-1-rapm-raw-score-for-university.html' title=''/><author><name>Michael Chew</name><uri>http://www.blogger.com/profile/11801867493433430644</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='28' src='http://3.bp.blogspot.com/-fd59slAkbug/TxvYuLGpxvI/AAAAAAAAAC4/I9CSQT_359o/s220/michael_chew.jpg'/></author><media:thumbnail xmlns:media='http://search.yahoo.com/mrss/' url='http://2.bp.blogspot.com/-zImiCJv2E5Q/TWkLkKMSQuI/AAAAAAAAACI/rqEtbCfAWGU/s72-c/table%2B1.gif' height='72' width='72'/><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1909324056319733913.post-6930002858033587235</id><published>2010-01-10T02:30:00.000-08:00</published><updated>2012-01-22T01:43:18.796-08:00</updated><title type='text'>ABIOTIC PETROLEUM</title><content type='html'>ABIOTIC OR BIOTIC HYDROCARBONS&lt;br /&gt;&lt;br /&gt;The concept of peak oil has been around for a very long time, a concept which simply means that we once we reached peak production i.e. “peak oil”, the total global production of petroleum will decline, never to reach the peak ever again. However this prediction hangs by a single, assumption: the hypothesis that petroleum might somehow originate from biological detritus in sediments near the surface of the Earth, the "biological hypothesis", if you like. The assumption is that these reserves are finite due to hydrocarbons being made up of fossilized organic matter that died, decayed and underwent chemical alterations hundreds of millions of years ago. It does seem that new discoveries are declining, and have been since the 1960s. Spare production capacity is practically gone. And the old, super-giant oil fields that the world depends upon for the majority of its production are nearing or past their all-time production peaks. In fact the largest oil field in the world, which is the Ghawar oil field in Saudi Arabia has already reached is peak and has declined in production since 2006 by some estimates1. The world's second largest oil field, the Burgan field in Kuwait, entered decline in November 2005. The IEA stated in November 2008 that an analysis of 800 oilfields showed the decline in oil production to be 6.7% a year, and that this would grow to 8.6% in 2030. &lt;br /&gt;&lt;br /&gt;Fossil Fuels&lt;br /&gt;&lt;br /&gt;The theory claims that oil is an organic 'fossil fuel' deposited in finite quantities near the planet's surface. These are formed by the anaerobic decomposition of organisms such as plankton hundreds of millions of years ago under conditions devoid of oxygen. These were later  buried under increasing layers of mud and sediment thereby placing these biological detritus under immense pressure which over time caused it to undergo chemical changes which formed the low-carbon hydrocarbons such as methane (CH4 ), liquid petroleum and high carbon hydrocarbons such as coal. So the theory goes.&lt;br /&gt;&lt;br /&gt;Abiotic or Abiogenic or Inorganic Fuels&lt;br /&gt;&lt;br /&gt;During the latter half of the 20th century, with advances in geophysics and geochemistry, the vast majority of scientists lined up on the side of the biotic theory. However a small group of mostly Russian scientists such as Professor Nikolai Kudryavtsev, and a tiny handful of Western scientists, among them the late Cornell University physicist Thomas Gold have held out for an abiotic (also called abiogenic or inorganic) theory. Gold's book The Deep Hot Biosphere (1998) stirred considerable controversy among the public on the questions of where oil comes from and how much of it there is. Gold argued that hydrocarbons existed at the time of the solar system's formation, and are known to be abundant on other planets (Jupiter, Saturn, Uranus, and some of their moons) where no life is presumed to have flourished in the past and hence does not “rely” on biotic origins.&lt;br /&gt;&lt;br /&gt;The modern Russian -Ukrainian theory2 of deep, abiotic petroleum origins proposes that petroleum is a primordial material of deep origin which over time erupts into the Earth’s crust. Bluntly speaking, according to the abiotic theories, petroleum is not a “fossil fuel” and has no intrinsic connection with dead dinosaurs or any other biological origins “in the sediments” or anywhere else. To the proponents of this theory, the discovery of the eleven major oil and gas fields in the Dnieper-Donets2 Basin by drilling at the depths of the crystalline basement as opposed to discovery at the sedimentary layers, is proof of the abiotic oil theory. Fifty commercial oil and gas fields have also been developed in a 100 × 600 km strip of the northern flank of the Dneiper-Donets Basin. However, it should be emphasized that 15 of the fields in the Dneiper-Donets Basin exploit both Carboniferous sediments and lower crystalline basement rocks but only 2 exploit the crystalline basement exclusively2,6. Further “support” of the abiotic theory it seems, can be seen by the fact that more than 80 oil and gas fields in the Caspian district have been explored and developed in crystalline basement rock as opposed to drilling at the sedimentary rocks layers of which lends further support to the abiotic theory. Exploration in the western Siberian cratonic rift sedimentary basin has led to the development of 90 petroleum fields of which 80 produce either partly or entirely from the crystalline basement. &lt;br /&gt;&lt;br /&gt;Support for Abiotic Formation of Petroleum&lt;br /&gt;&lt;br /&gt;In 2007 the Cassini-Huygens3,4  probe determined the chemical composition of a dark coloured liquid in a lake on Titan (one of Saturn’s moons) by the way it reflected light (a technique known as spectrometry). More than 99.9 % of the light that entered the lake never got out again. The scientists determined that the specific absorption of light is exactly 2-micron wavelengths a tell-tale signature of ethane. Ethane is “synthesized” by a chemical reaction between the solar radiation and atmospheric methane. And since the surface temperature of Titan is -300oF (-184oC) Ethane can easily exist in liquid form. But where does the methane come from? Titan does not have any life or rather did not have any carbon-based life to form fossilized based methane. It seems that hydrocarbons in the case of Titan can form independent of biological matter.&lt;br /&gt; &lt;br /&gt;Fig 1 – Schematic Showing Liquid Ethane Formation on Titan&lt;br /&gt;&lt;br /&gt;Does this lend at least some support to the fact that hydrocarbons can form without the presence of any biological matter?&lt;br /&gt;Further, recently, for the first time, scientists have found that ethane and heavier hydrocarbons can be synthesized under the pressure-temperature conditions of the upper mantle, the layer of Earth under the crust and on top of the core. The research was conducted by scientists at the Carnegie Institution's Geophysical Laboratory, with colleagues from Russia and Sweden, and is published in the July 26 2009, advanced on-line issue of Nature Geoscience. &lt;br /&gt;Methane (CH4) is the main constituent of natural gas, while ethane (C2H6) is used as a petrochemical feedstock. Both of these hydrocarbons, and others associated with fuel, are called saturated hydrocarbons because they have simple, single bonds and are saturated with hydrogen. Using a diamond anvil cell and a laser heat source, the scientists first subjected methane to pressures exceeding 20 thousand times the atmospheric pressure at sea level and temperatures ranging from 1,300 F° to over 2,240 F°. These conditions mimic those found 40 to 95 miles deep inside the Earth. The methane reacted and formed ethane, propane, butane, molecular hydrogen, and graphite. The scientists then subjected ethane to the same conditions and it produced methane. This transformation suggest heavier hydrocarbons could exist deep down the earth’s crust.&lt;br /&gt;                          &lt;br /&gt;Fig 2- Schematics of the core of a diamond anvil cell    Fig3-What it really looks like. &lt;br /&gt;The diamond size is a few millimeters at most&lt;br /&gt;&lt;br /&gt;If Abiotic Fuels Exists At Depths of Igneous or Metamorphic Rocks or at Greater Depths, Would it be Viable?&lt;br /&gt;&lt;br /&gt;A new study by the US Department of Energy and Lawrence Livermore Lab5 suggests that there may be huge methane deposits in Earth's mantle, 60 to 120 miles deep. But today oil companies are capable of drilling only as deep as six miles, in sedimentary rock. Any attempt to drill into igneous and metamorphic rock (crystalline rock), would limit the current capability to only two miles, because to drill to a depth remotely approaching the mantle, would cause the steel drill tubes to be either thoroughly crushed, or melted by the pressures and temperatures at that depth.&lt;br /&gt; &lt;br /&gt;For liquid hydrocarbons such as oil to exist at great depths, it would have to remain liquid at depths and pressures below about 15,000 feet and above 275 degrees F. At these depths and pressures, the hydrocarbon bonds tend to break down. What remains after these molecular bonds are severed is methane, whose molecule contains only a single carbon atom. For petroleum geologists this is not just a matter of theory, but of repeated and sometimes costly experience. They typically encounter an oil "window" that exists from roughly 7,500 feet to 15,000 feet, within which temperatures are appropriate for oil formation. Any depths outside (deeper) of this range will most likely come up with a dry hole or, at best, natural gas only. &lt;br /&gt;  &lt;br /&gt;That is why the conventional theory of petroleum formation connects oil with the process of sedimentation. And, indeed, nearly all of the oil that has been discovered over the past century and a half is associated with sedimentary rocks. On the other hand, it isn’t difficult to find rocks that once existed at great depths where, according the theories of  the Russians, conditions should have been perfect for abiotic oil formation or the accumulation of primordial petroleum, but such rocks typically contain no traces of hydrocarbons. In the very rare instances where small amounts of hydrocarbons are seen in igneous or metamorphic rocks, the latter are invariably found near hydrocarbon-bearing sedimentary rocks, and the hydrocarbons in both types of rock contain identical biomarkers. The simplest explanation it seems would be that, in those cases is that the hydrocarbons migrated from the sedimentary rocks to the igneous-metamorphic rocks. &lt;br /&gt;&lt;br /&gt;Support for Biotic Formation of Petroleum&lt;br /&gt;&lt;br /&gt;Geologists trace the source of the carbon in hydrocarbons through analysis of its isotopic balance. Natural carbon is nearly all isotope 12 (C-12), with 1.11 percent being isotope 137(C-13). Organic material, however, usually contains less C-13, because photosynthesis in plants preferentially selects C-12 over C-138. Oil and natural gas typically show a C-12 to C-13 ratio similar to that of the biological materials from which they are assumed to have originated. The C-12 to C-13 ratio is also a generally observed property of petroleum and it seems lends support to the biotic theory and it is not merely an occasional aberration.&lt;br /&gt;  &lt;br /&gt;In addition, oil typically contains biomarkers - porphyrins, isoprenoids, pristane, phytane, cholestane, terpines, and clorins - which are related to biochemicals such as chlorophyll and hemoglobin9. The chemical fingerprint of oil assumed to have been formed from, for example, algae is different from that of oil formed from plankton. Thus geochemists can (and routinely do) use biomarkers to trace oil samples to specific source rocks. &lt;br /&gt;  &lt;br /&gt;Abiotic theorists hypothesize that oil picks up its chemical biomarkers through contamination from bacteria living deep in the Earth's crust (Gold's "deep, hot biosphere") or from other buried bio-remnants. However, the observed correspondences between biomarkers and source materials are not haphazard, but instead systematic and predictable on the basis of the biotic theory. For example, biomarkers in source rock can be linked with the depositional environment; that is, source rocks with biomarkers characteristic of land plants are found only in terrestrial and shallow marine sediments, while petroleum biomarkers associated with marine organisms are found only in marine sediments. &lt;br /&gt;&lt;br /&gt;Conclusion&lt;br /&gt;There is no way to conclusively prove that no petroleum is of abiotic origin. Science is an ongoing search for truth, and theories are continually being altered or scrapped as new evidence appears. However, the assertion that all oil is abiotic requires extraordinary support, because it must overcome abundant evidence, already cited, to tie specific oil accumulations to specific biological origins through a chain of well-understood processes that have been demonstrated, in principle, under laboratory conditions. The proponents of the abiotic theories it seems insinuate that petroleum may be in unlimited supply if it’s origins are connected to non-biotic origins. However is this good? It seems that if humans accept the theory of peak oil and the inevitable depletion of petroleum to a level where we are compelled to find and use other energy sources which hopefully will not have such a deleterious effect to our climate and environment, then there is after all a silver lining to the biotic theory.&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Notes: This article is simply the author’s opinion and interpretation of the various theories on the origins of Hydrocarbons and in no way represents the author’s “original work” . This topic is of interest to the author not least of which petroleum governs so much of our modern lives, and is vital to maintaining our day-today living standard. However, petroleum as a primary energy source, is also the cause of so much instability in the world today and in the recent past, due to the geopolitical manoeuvring by some countries who will stop at nothing to obtain energy-security,  and is also it seems,  the cause of adverse  affects to our climate and environment.&lt;/em&gt;&lt;br /&gt;1. http://www.theoildrum.com/node/2325&lt;br /&gt;2. http://www.gasresources.net/DDBflds2.htm&lt;br /&gt;3. http://www.wired.com/wiredscience/2008/07/lake-of-petrole/&lt;br /&gt;4. http://saturn.jpl.nasa.gov/multimedia/products/pdfs/20060926_CHARM_Waite.pdf&lt;br /&gt;5. http://www.eurekalert.org/pub_releases/2004-09/dlnl-mid091304.php&lt;br /&gt;6. Krayushkin, V. A., Tchebanenko, T. I., Klochko, V. P.,Dvoyanin, Ye. S. and Kenney, J. P. (2001) The exploration and development of twelve major and one giant oil and gas fields on the northern flank of the Dnieper-Donets Basin. Energia, 22/3, 44–47.\&lt;br /&gt;7. Surface operations in petroleum production, Volume 2 By George V. Chilingar, John O. Robertson, Sanjay Kumar&lt;br /&gt;8. http://www.madsci.org/posts/archives/2003-06/1055532737.Bc.r.html&lt;br /&gt;9. http://www.oiltracers.com/biomarker.html&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1909324056319733913-6930002858033587235?l=mickchew.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://mickchew.blogspot.com/feeds/6930002858033587235/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=1909324056319733913&amp;postID=6930002858033587235' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/6930002858033587235'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/6930002858033587235'/><link rel='alternate' type='text/html' href='http://mickchew.blogspot.com/2010/01/abiotic-petroleum.html' title='ABIOTIC PETROLEUM'/><author><name>Michael Chew</name><uri>http://www.blogger.com/profile/11801867493433430644</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='28' src='http://3.bp.blogspot.com/-fd59slAkbug/TxvYuLGpxvI/AAAAAAAAAC4/I9CSQT_359o/s220/michael_chew.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1909324056319733913.post-6843700854743878390</id><published>2009-03-19T05:35:00.000-07:00</published><updated>2009-03-19T05:49:18.056-07:00</updated><title type='text'>IS INTELLIGENCE A DESEASE ?</title><content type='html'>&lt;strong&gt;Aspergers Syndrome (High Functioning Autism)&lt;br /&gt;&lt;/strong&gt;&lt;br /&gt;The term Asperger’s Syndrome^&lt;span style="color:#ff0000;"&gt;1&lt;/span&gt;(AS), first coined by UK psychologist Lorna Wing, was recorded almost at the same time, independently, by Leo Kanner of the Johns Hopkins University (in 1943) and a paediatrician Hans Asperger in Vienna (in 1944)^&lt;span style="color:#ff0000;"&gt;2&lt;/span&gt;. The curious set of behaviours in children having this abnormality was a marked inability to make friends and to socially interact as “normal” children do. People with AS have trouble perceiving the intentions or emotions of other people, due to a tendency to ignore or misinterpret such cues as facial expression, body language, and vocal intonation. They may appear awkward or rude, and unintentionally upset others. They also have restricted patterns of behaviour, activities, interests and impaired &lt;a title="Nonverbal communication" href="http://en.wikipedia.org/wiki/Nonverbal_communication"&gt;nonverbal behaviors&lt;/a&gt; in areas such as eye contact, facial expression, posture, and gestures. However unlike autism, people with AS are not withdrawn and do interact socially albeit in an awkward fashion such as engaging in long winded one-side conversations in their narrow field of interests without any regard to their listener’s feelings.&lt;br /&gt;&lt;br /&gt;People with AS typically demonstrate behavior, interest and activities that are restricted, repetitive and abnormally focused. In fact, the pursuit or obsession with a narrow range of interest in a specific area, is one of the more pronounced features of people with AS. Their intense, narrow, time-consuming personal interests, sometimes eccentric in nature, usually results in social isolation, or interfere with the completion of everyday tasks. On the positive side, some interests can lead to social connection and even careers. For example, there are children and adults with an encyclopaedic knowledge of cars or an obsession with coding software. However, this obsession is usually within a specific part rather than the whole or larger picture.&lt;br /&gt;&lt;br /&gt;Further, people afflicted with AS exhibit a clear dislike for any change in their normal routine. In fact they crave routine. Also, they usually demonstrate inflexibility and resistance to change. Change may trigger anxiety, while familiar objects, settings, and routines offer reassurance. This usually results in difficulty transitioning from one activity to another, from one class to another, from work time to lunch, or even from talking to listening. Moving to a new school, new town, or new social role can be an enormous challenge. People with AS have extreme sensitivity, to sights, sounds, smells, tastes, or textures. However many outgrow these sensory issues at least to some extent as they mature.&lt;br /&gt;&lt;br /&gt;&lt;strong&gt;High Intelligence &amp;amp; Asperger’s Syndrome&lt;br /&gt;&lt;br /&gt;&lt;/strong&gt;Recent studies seem to show that people with AS typically compensate their “disabilities” with traits that often could be considered as above average:&lt;br /&gt;Normal to very high intelligence&lt;br /&gt;Good verbal skills, including rich vocabularies&lt;br /&gt;Originality and creativity including a propensity for “thinking outside the box”&lt;br /&gt;Honesty and ingenuity&lt;br /&gt;Careful attention to details&lt;br /&gt;Strong work ethic, with particular attention to accuracy and quality of work&lt;br /&gt;&lt;br /&gt;Special interests that can be tailored toward productive work or hobbies; individuals with AS who have intensive knowledge in one or more specific areas can channel their expertise toward new discoveries and creations in their chosen field.Keen senses allow some people with AS to see, hear or feel subtle changes in the environment that others do not, resulting in phenomenal powers of observation.&lt;br /&gt;In an article in the BBC in 2003^&lt;span style="color:#ff0000;"&gt;3&lt;/span&gt; scientists at both Oxford and Cambridge Universities, surmised that both Einstein and Isaac Newton may have had AS. Einstein displayed signs of AS a child, being a loner with extreme if not obsessive interests at a young age. Newton hardly spoke and was so engrossed with his work that at times he forgot to eat and was often bad-tempered with the few friends that he had. Both had intense focus in specific areas of interest. Both had difficulty in interacting in social situations and were poor communicators. But both physicists are also considered by many of their peers to be the giants in their respective fields of physics, if not outright geniuses.&lt;br /&gt;&lt;br /&gt;In one of Dr. Temple Grandin’s articles “Genius May be and Abnormality”^&lt;span style="color:#ff0000;"&gt;4&lt;/span&gt; she postulates that genius may be an abnormal condition. For example, there are 2.5 times as many engineers in families of people with autism than the norm (Dr. Grandin’s family includes several). In fact in some circles in Silicon Valley, AS is called the “the engineers’ disorder”. This postulate seems to agree with an article in Wired magazine in December 2001^&lt;span style="color:#ff0000;"&gt;2&lt;/span&gt;, which posits a link between the higher incidence of AS in children of Engineers and computer professionals in Silicon Valley. What was once thought to be a rare affliction in the range on one in 10,000 appears to be 20 times more in the state of California. A familiar joke in the industry it seems is that for the many hard-core programmers working for IT firms such as Intel, Silicon Graphics, Adobe who come to work early and leave late, confining themselves in their cubicles coding for hours could very well be residing somewhere in the domain of Asperger’s Syndrome themselves. It seems that even Bill Gates is frequently diagnosed in the press. His seemingly single minded focus on the smallest technical detail, rocking motions and flat tone of voice are all indicative of an adult with AS. That is probably why now AS is also known as “The Geek Syndrome”.&lt;br /&gt;This is further reinforced by Simon Baron-Cohen who spent 2 decades studying autism^&lt;span style="color:#ff0000;"&gt;5&lt;/span&gt;. He found some evidence (in 1997) of a link between autism in children and a propensity for engineering in their parents. In a study of about 1000 families^&lt;span style="color:#ff0000;"&gt;6,7&lt;/span&gt; where autism occurs they found that the occurrence of an engineer in the family was about 12% (28% in another study)^&lt;span style="color:#ff0000;"&gt;10&lt;/span&gt; compared to the general population which was about 5%. A disproportion of about 2 and a half times, compared with the general population. In his 1997^&lt;span style="color:#ff0000;"&gt;10&lt;/span&gt; study he goes on to postulate that the data collated suggests that AS doesn’t strike at random and may occur in families that have a genetic predisposition to such offspring, i.e. families with engineers.&lt;br /&gt;In relation to giftedness, it has been reported that members of Mensa (IQ &gt; 148 SD24) have been found to have three to six times the normal frequency of autistic siblings and children (Sofaer &amp;amp; Emery, 1981)^&lt;span style="color:#ff0000;"&gt;8,9&lt;/span&gt;. Indeed in a study by Henderson, Lynette M. (22 June 2001) the prevalence of giftedness among those afflicted with AS seems to be higher than that compared to the general population10.&lt;br /&gt;&lt;br /&gt;A recent survey study in Cambridge^&lt;span style="color:#ff0000;"&gt;11&lt;/span&gt;, carried out on 378 mathematics undergraduates and 414 students in control disciplines (medicine, law, social science). The results seem to suggest a link between systemizing capabilities and autism. Simon Baron Cohen found that the main features of the autistic spectrum are impaired empathizing concurrent with intact or even superior systemizing. Systemizing being “the drive to analyse” and/or build a system (of any kind) based on identifying input operation-output rules. Engineering, mathematics, music, architecture, and biology are all clear examples of systemizing. It seems that that the genes underlying autism are not always only associated with just social disability but may also be associated with talent or enhanced abilities in non-social fields.&lt;br /&gt;&lt;br /&gt;&lt;strong&gt;Recent Neurobiological Understanding&lt;/strong&gt;&lt;br /&gt;&lt;br /&gt;Studies^&lt;span style="color:#ff0000;"&gt;12&lt;/span&gt; done in the past 30 years at Harvard Medical school on brain tissue of autistic individuals that passed away at ages ranging from 5 to 74 revealed abnormalities in the limbic system which includes the amygdala (the brain’s primitive emotional centre ) and the hippocampus (an area of the brain responsible for memory). These appear small and immature compared to normal.&lt;br /&gt;&lt;br /&gt;Another abnormality discovered by neuroscientist Eric Courchesne, of the University of California at San Diego is the unusually small number of Purkinje cells in the cerebellum which are critical for data integration by receiving large mounts of information from the outside world and preparing the other areas of the brain to respond to appropriately. What he found recently by brain imaging studies, is that autistic children by the age of 2 to 3 show unusual growth of the brain to a size much larger than normal packed with grey matter of the cerebral cortex and the fibrous white matter that provides the connections between the cerebral cortex and other parts of the brain including the cerebellum. Courchesne surmizes that what leads to autism may be an otherwise normal process that switches on too early or too strongly and shuts off too late and that process would be controlled by genes.&lt;br /&gt;&lt;br /&gt;&lt;strong&gt;Asperger’s Syndrome vs High Functioning Autism &lt;/strong&gt;&lt;br /&gt;&lt;br /&gt;Many still considered AS part of the continuum on the autism spectrum i.e. High Functioning Autism (HFA). However recent studies using MRI imaging at Stanford University^&lt;span style="color:#ff0000;"&gt;13&lt;/span&gt; reveals that there were no difference in total cerebral volume (grey and white matter) between subjects with AS and HFA nor were there differences between subjects with AS and the control group with who were not afflicted with either AS or HFA. However the amount of grey matter was highest among HFA, intermediate among AS subjects and lowest amongst the control group, suggesting an increasing volume of grey matter with the severity of the condition. When neuropsychological testing (verbal and performance IQ tests) were carried out it seems that the continuum breaks down with large discrepancies in the performance between the 2 groups (HFA &amp;amp; AS). Subjects afflicted with AS in general have unimpaired linguistic development. The testing suggest that AS and HFA may be may be clinically and neurobiologically different from each other.&lt;br /&gt;&lt;br /&gt;The above data and studies to date are however inconclusive but does tend to infer a connection between AS (and HFA) and intelligence. It may be the beginnings of the stream of more conclusive evidence that link AS with another form or state of the human brain that is not defective but simply different and even enhanced in some specific areas (such as engineering and computing), although these somewhat increased abilities are uneven or or asynchronous. A different type of ”wiring” if you like.&lt;br /&gt;&lt;br /&gt;It a way, it seems a bit ironic that although our cultures readily accept that some people exhibit superior physical abilities, yet they seem reluctant to do the same for intelligence albeit if it comes as part of the package with social ineptness or with a perceived ”disability” (for anything outside of the accepted ”norms”of behaviour). The increasing numbers of those afflicted, whether natural or environmentally induced tends to suggest that it may be part of evolution or even human development. Hence rather that treating these people as outcasts or weirdos, we should be coming up with ways to understand them better, ways to utilize their intelligence for the benefit of society.&lt;br /&gt;&lt;br /&gt;Asperger's Syndrome may be just a fancy way of calling the class genius a ”geek”.&lt;br /&gt;Notes: This article is simply the author’s opinion and interpretation of the various studies and research done by experts on Asperger’s Syndrome and High Functioning Autism, and in no way represents the author’s “original work” nor does it represent the views and opinions of Hong Kong Mensa or it’s members.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;1. &lt;a href="http://en.wikipedia.org/wiki/Asperger_syndrome"&gt;http://en.wikipedia.org/wiki/Asperger_syndrome&lt;/a&gt;&lt;br /&gt;2. &lt;a href="http://www.wired.com/wired/archive/9.12/aspergers_pr.html"&gt;http://www.wired.com/wired/archive/9.12/aspergers_pr.html&lt;/a&gt;&lt;br /&gt;3. &lt;a href="http://news.bbc.co.uk/2/hi/health/2988647.stm"&gt;http://news.bbc.co.uk/2/hi/health/2988647.stm&lt;/a&gt;&lt;br /&gt;4. &lt;a href="http://www.autism.com/individuals/genius.htm"&gt;http://www.autism.com/individuals/genius.htm&lt;/a&gt;&lt;br /&gt;5. &lt;a href="http://www.wired.com/wired/archive/9.12/baron-cohen.html?pg=1&amp;amp;topic=&amp;amp;topic_set"&gt;http://www.wired.com/wired/archive/9.12/baron-cohen.html?pg=1&amp;amp;topic=&amp;amp;topic_set&lt;/a&gt;=&lt;br /&gt;6. &lt;a href="http://www.abc.net.au/rn/science/ss/stories/s13209.htm"&gt;http://www.abc.net.au/rn/science/ss/stories/s13209.htm&lt;/a&gt;&lt;br /&gt;7. &lt;a href="http://www.autismresearchcentre.com/docs/papers/1997_BCetal_Engineer.pdf"&gt;http://www.autismresearchcentre.com/docs/papers/1997_BCetal_Engineer.pdf&lt;/a&gt;&lt;br /&gt;8. &lt;a href="http://cogprints.org/4664/1/AUTTHEO(cog.pdf"&gt;http://cogprints.org/4664/1/AUTTHEO(cog.pdf&lt;/a&gt; - page 8&lt;br /&gt;9. &lt;a href="http://jmg.bmj.com/cgi/content/abstract/18/6/410"&gt;http://jmg.bmj.com/cgi/content/abstract/18/6/410&lt;/a&gt;&lt;br /&gt;10. &lt;a href="http://www.accessmylibrary.com/coms2/summary_0286-27110020_ITM"&gt;http://www.accessmylibrary.com/coms2/summary_0286-27110020_ITM&lt;/a&gt;&lt;br /&gt;11. &lt;a href="http://www.springerlink.com/content/21t03377610752g0/"&gt;http://www.springerlink.com/content/21t03377610752g0/&lt;/a&gt;&lt;br /&gt;12. &lt;a href="http://www.time.com/time/europe/magazine/2002/0715/autism/scautism3.html"&gt;http://www.time.com/time/europe/magazine/2002/0715/autism/scautism3.html&lt;/a&gt;&lt;br /&gt;13. &lt;a href="http://www.wisconsinmedicalsociety.org/savant_syndrome/savant_articles/aspergers"&gt;http://www.wisconsinmedicalsociety.org/savant_syndrome/savant_articles/aspergers&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1909324056319733913-6843700854743878390?l=mickchew.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://mickchew.blogspot.com/feeds/6843700854743878390/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=1909324056319733913&amp;postID=6843700854743878390' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/6843700854743878390'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/6843700854743878390'/><link rel='alternate' type='text/html' href='http://mickchew.blogspot.com/2009/03/is-intelligence-desease.html' title='IS INTELLIGENCE A DESEASE ?'/><author><name>Michael Chew</name><uri>http://www.blogger.com/profile/11801867493433430644</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='28' src='http://3.bp.blogspot.com/-fd59slAkbug/TxvYuLGpxvI/AAAAAAAAAC4/I9CSQT_359o/s220/michael_chew.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1909324056319733913.post-5814854244068081515</id><published>2009-03-13T05:46:00.000-07:00</published><updated>2009-03-18T17:38:05.567-07:00</updated><title type='text'>SPEARMAN'S "G" AND HIGH RANGE IQ TESTS</title><content type='html'>For you high IQ types, mensa may not be selective enough. But for mere mortals 132 is very respectable. On the subject of entrance requirements, I would like to refer you to this article by the late Grady Towers;&lt;a href="http://www.eskimo.com/~miyaguch/grady/societies.html" target="_blank"&gt;http://www.eskimo.com/~miyaguch/grady/societies.html&lt;/a&gt; Please pay particular attention to the last 3 paragraphs. You will find his conclusions simply astonishing.&lt;br /&gt;&lt;br /&gt;He is simply saying that for those who sat for just one test like the MEGA and assuming a minimum of 0.7 correlation between the MEGA and the mensa test, then 86% would not pass the mensa test based on his calculations.&lt;br /&gt;&lt;br /&gt;In detail here:&lt;a href="http://www.eskimo.com/~miyaguch/grady/followup.html" target="_blank"&gt;http://www.eskimo.com/~miyaguch/grady/followup.html&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;Personally I have a lot of doubt on the high range tests of various societies. First of all, they were not created by psychologists, hence the construct validity is in serious question. Is it measuring what it's suppose to be measuring? Is it measuring psychometric "G". Or is it measuring a specific ability that has very low correlation with "G" .&lt;br /&gt;&lt;br /&gt;In this interview between Chris Langan and Arthur Jensen:&lt;a href="http://eugen.leitl.org/tt/msg12769.html" target="_blank"&gt;http://eugen.leitl.org/tt/msg12769.html&lt;/a&gt; A. Jensen basically says that IQ tests (even today) become less "G" loaded the higher we go ( Q12). Also, there is the problem of getting sufficient sample size (obviously) to obtain statistically significant conclusions (remember some societies claim rarities of 1 in a billion!). In fact Chris Langan point blank questions him (Q6) about "power-tests" to which he politely replies that there are standard ones out there that could be used (Ravens + Concept mastery) - read : "the ones out there created by ultra high IQ societies dont count".&lt;br /&gt;&lt;br /&gt;Unless the test createors can provide rigourous proof that it is a test of cognitive abilitives of some sort (and what it is exactly that it is measuring), we can only say that they are puzzles. Granted one requires a certain amount of intelligence to solve it. I am certainly not a trained psychologist nor did I take any psychology units at UNI and my grasp of basic statistics is at a basic level (Statistics 101) and simple regressesion analyses. However from what I have read so far on psychologists like John Raven (son I think of John C Raven - the guy who first created the Raven's Matrices) is that they usually start out with what they want to measure and then devise a test to measure it (kinda obvious isnt it?) and one of the main tools psychologists used in the past were statistics because things like reaction time measurement, MRI scans of the brain (more neurological investigative type techniques) were simply not available then.&lt;br /&gt;&lt;br /&gt;In fact John Raven never stated that any of his tests were tests of "intelligence" (page 54 bottom left corner): &lt;a href="http://www.eyeonsociety.co.uk/resources/CognitiveAbilityAndOccupationalPerformance.pdf" target="_blank"&gt;http://www.eyeonsociety.co.uk/resources/CognitiveAbilityAndOccupationalPerformance.pdf&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;On page 52: &lt;em&gt;We can now return to our conclusion that the IRT-based item analysis of the RPM really does show that there is a continuum in "cognitive (actually "conceptual") abilitiy" and that this continuum can be assessed using a range of items running from easy "perceptual" items to difficult "analytic" ones. It involves the ability to discriminate figure from ground; the ability to discern order and meaning in (or make meaning out of) confusion; the ability to form high-level, usually non-verbal, concepts which enable one to make sense of the evironment. Spearman used the Latin word educere - to draw out to characterise and discuss this componenet of general intellogence - g- and contrasted it with reproductive ability, the ability to reproduce already verbalised knowlege.&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;He goes on to say that one's performance on such tests may even comes down to motivation (page 55 top left hand corner), rather than just pure cognitive ability.&lt;br /&gt;&lt;br /&gt;J. Raven isnt even sure his tests measure "intelligence" but knows that it is measuring some kind of "meaning-making" ability. Back to the Langan-Jensen interview; Jensen's answer to Q12, he mentions that once you approach the high ranges e.g. 4-Sigma, you are not measuring "g" anymore but a specialized ability.&lt;br /&gt;&lt;br /&gt;You see "g" depends on a high correlation with the performance of testees to many other types of abilities (e.g. maths, abstract logic, verbal e.t.c validating the concept that an intelligent person will perform equally well on all types of tests of cognitive abilities). Once a testee approaches the higher ranges the correlation drops (think of it, there are less people scoring at this range for the same correlation compared the lower ranges, as you extrapolate upwards you will ultimately reach 0 correlation which would be the ceiling of "g").......which is counter to the concept of "g" and since "intelligence" in the psychometric sense is anchored to "g" , you cant call it intelligence anymore. Jensen logically concludes that you are then measuring a specialized ability but not intelligence. A real live example would be, that someone who says score very high on one of the spatial high range tests like LS36 may not score at the same level on the Mega (which have a range of problems and not just abstract-spatial type). But if both tests are measuring "g" accurately, the testee should score equally high on both tests.&lt;br /&gt;&lt;br /&gt;My undestanding of G based on what I read on Spearman and what he tried to do: He carried out a series of tests on a sample group of students in a school on a varied ranges of cognitive tasks such as mathematics, literature, reading comprehension e.t.c.He then "discovered" that if a student does well in one domain he tends to do well in most of the others. Spearman then postulated that there is something general of about "intelligence" in that if one does well in one task, he "tends" to do well in other types of tasks.A test A is then said to be "g" loaded if a testee does well in test A and then does well in test B,C,D and so on (high correlation).&lt;br /&gt;&lt;br /&gt;If Test A is "the" test, then test A will have "predictive" power for other types of tests/tasks of cognitive abilities.Also it is not sufficient to claim "correlation" unless there is proven correlation for many many testees (note the correleation is on the results of the tests taken by many testees).&lt;br /&gt;&lt;br /&gt;Question : Based on the above; How does a test maker in one of these ultra high IQ societes prove that their test is "g" loaded (read high correlation on varied tests of other types, for many many testees)? Note : at the very high ranges there are so few results to correlate with (read Arthur Jensens reply to Q12 from Chris Langan):&lt;a href="http://eugen.leitl.org/tt/msg12769.html" target="_blank"&gt;http://eugen.leitl.org/tt/msg12769.html&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;Also the higher you go the less "g" loaded the test becomes (for obvious reason).And since psychometric tests are dependent on "g" what are we then measuring?&lt;br /&gt;&lt;br /&gt;However, I certainly cannot disagree that the high range tests is in fact measuring some form/component of intelligence.But is it "g"? Maybe a better question at this point is what is "g"? Spearman's concept of "g' is actually a statistical one that relies on correlates. The factor analyses he carried out is suggestive of "g" but he could never extract it? certainly words like "it points to" , "is suggestive of", but he never really defined exactly what it was. He did distill it down to a few common factors such as being able to discern similarities or differences, grasping new concepts, speed of processing, working memory, all evident in subjects that tend to do well in a diverse range of mental tasks (he found that even the ranking of the subjects in every type of mental tasks stays the same for each).&lt;br /&gt;&lt;br /&gt;However other psychologists arrived at different conclusions about "g";&lt;br /&gt;&lt;br /&gt;Raymond Cattell - posits two types of "g" namely fluid and crystallized.&lt;br /&gt;&lt;br /&gt;John Carrol - suggests the Three Stratum theorem e.t.c&lt;br /&gt;&lt;br /&gt;But still no one to this day that I know off have defined exactly what it is or rather at least agree to the range of of cognitive abilities that it is composed off?&lt;br /&gt;&lt;br /&gt;I would like to share with you the recent finding of an American Psychologist Douglas K. Detterman.&lt;a href="http://books.google.com/books?hl=en&amp;amp;lr=&amp;amp;id=2OjruFlEWukC&amp;amp;oi=fnd&amp;amp;pg=PA223&amp;amp;dq=Detterman,+D.+K.+(1982).+Does+%22g%22+exist%3F&amp;amp;ots=eBm-ilkIgH&amp;amp;sig=6IPJwp9jwWnH6QniXM55AWHzVZg#PPA235,M1" target="_blank"&gt;http://books.google.com/books?hl=en&amp;amp;lr=&amp;amp;id=2OjruFlEWukC&amp;amp;oi=fnd&amp;amp;pg=PA223&amp;amp;dq=Detterman,+D.+K.+(1982).+Does+%22g%22+exist%3F&amp;amp;ots=eBm-ilkIgH&amp;amp;sig=6IPJwp9jwWnH6QniXM55AWHzVZg#PPA235,M1&lt;/a&gt;page 235-236&lt;br /&gt;&lt;br /&gt;They speculated that subjects who have damaged or inefficient central processes should perform similarly on all tasks (equally badly) because the damaged central process causes the whole system to perform badly. On the other hand , those with efficient central process will be more variable on all tasks because any limitation on any particular tasks will be dictated by peripheral processes that do not affect the entire system hence maintaining efficiency for the "whole".To investigate this, they divided up the distribution into 5 equal parts. Within each division of the distribution, they correlated subtests of IQ tests with each other. They did the same for basic cognitive tasks from a battery of basic cognitive tasks.&lt;br /&gt;&lt;br /&gt;What they found was simply shocking. They found that "g" correlates twice as high among those with low "IQ" compared to subjects with high IQ, lending support to the above.&lt;br /&gt;&lt;br /&gt;If true, it is certainly suggestive of no existence of a unitary "g". But many abilities especially at the high ranges.&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1909324056319733913-5814854244068081515?l=mickchew.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://mickchew.blogspot.com/feeds/5814854244068081515/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=1909324056319733913&amp;postID=5814854244068081515' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/5814854244068081515'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/5814854244068081515'/><link rel='alternate' type='text/html' href='http://mickchew.blogspot.com/2009/03/spearmans-g-and-high-range-iq-tests.html' title='SPEARMAN&apos;S &quot;G&quot; AND HIGH RANGE IQ TESTS'/><author><name>Michael Chew</name><uri>http://www.blogger.com/profile/11801867493433430644</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='28' src='http://3.bp.blogspot.com/-fd59slAkbug/TxvYuLGpxvI/AAAAAAAAAC4/I9CSQT_359o/s220/michael_chew.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1909324056319733913.post-1640208429016205580</id><published>2009-01-09T02:17:00.000-08:00</published><updated>2009-01-09T02:20:45.925-08:00</updated><title type='text'>THE ASPIE QUIZ</title><content type='html'>The following quiz would be able to tell you if you are could possibly be afflicted with Asperger's syndrome. Try it:&lt;br /&gt;&lt;br /&gt;&lt;a href="http://www.rdos.net/eng/Aspie-quiz.php"&gt;http://www.rdos.net/eng/Aspie-quiz.php&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;Apparently it is more prevelant amongst you high IQ types:&lt;br /&gt;&lt;br /&gt;&lt;a href="http://www.wired.com/wired/archive/9.12/aspergers_pr.html"&gt;http://www.wired.com/wired/archive/9.12/aspergers_pr.html&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;The above edition of Wired Magazine had an article on the growing affliction of Asperger's amongst the children of the software programmers.&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1909324056319733913-1640208429016205580?l=mickchew.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://mickchew.blogspot.com/feeds/1640208429016205580/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=1909324056319733913&amp;postID=1640208429016205580' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/1640208429016205580'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/1640208429016205580'/><link rel='alternate' type='text/html' href='http://mickchew.blogspot.com/2009/01/aspie-quiz.html' title='THE ASPIE QUIZ'/><author><name>Michael Chew</name><uri>http://www.blogger.com/profile/11801867493433430644</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='28' src='http://3.bp.blogspot.com/-fd59slAkbug/TxvYuLGpxvI/AAAAAAAAAC4/I9CSQT_359o/s220/michael_chew.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1909324056319733913.post-7053836721599819973</id><published>2008-10-12T05:38:00.000-07:00</published><updated>2008-10-12T05:51:16.152-07:00</updated><title type='text'>700B BAILOUT AND SHOULD HONG KONG GET OFF THE PEG</title><content type='html'>Someone asked the other day since the Fed is printing so much money which would fuel inflation, devalue the US$, then should Hong Kong de-peg and float their currency?&lt;br /&gt;&lt;br /&gt;1.I would first like to touch on the misnomer which is "printing". It's a difficult statement to respond to because there is just too much media hype around. These days there is no physical printing of money needed to increase the money suply because extension of credit is also money, i.e. credit = money. The recent bailout is simply that. An electronic transfer that simply says the recipient bank has "x" amount of dollars in a "ledger" balance and thats it!&lt;br /&gt;&lt;br /&gt;2. It doesnt matter how much money is created. If very little makes it's way to the economy i.e. if there is no one borrowing to spend it then its still a case of "little money chasing too many goods" which results in deflation. This is happening now. The Fed has literally pumped billions into banks but there is no inter-bank lending (no one borrowing) because of a lack of trust. Credit is not being extended to commercial enterprises so businesses have no credit to make simple transactions such as payroll, purchases e.t.c. Hence no matter how much money is created, if there is no borrowing/lending which means prices do not go up, there is no effective debasement of the currency!&lt;br /&gt;&lt;br /&gt;3. Inflation/debasement only happens if there is too much money chasing too few goods or when easy credit is available , such as the buildup of the housing bubble a few yeasr ago, where even a jobless vagrant could get a no-money-down load to buy a house! But now the reverse is happening no matter how much money is made available, because at the end of it borrowed money still has to be paid (which was not for a period of time, until this disaster).&lt;br /&gt;&lt;br /&gt;HK could float the currency. Although I still think a free-float is too risky for an economy so small. It is easily open to a currency attack/manipulation if say a few hedge funds decide that the free-floated Hong Kong dollar is ripe for attack.This is basically what happened in 1998:&lt;br /&gt;&lt;br /&gt;1. Hedge Funds shorts the HK dollar (i.e. borrow the HK dollar and sells it. a few days later they have to buy it back to cover their positions.). They then buy it back a lower level . They could not make much out of shorting the HK dollar because it is pegged (only allowed to fluctuate within a defined band)!&lt;br /&gt;&lt;br /&gt;2. However this action (selling the HK dollar means USD is leaving HK) caused the inter-bank rate to sky-rocket because the HK dollar was being oversold.&lt;br /&gt;&lt;br /&gt;3. When the interest rate shot up, guess what? the Stock market went down. Then the Hedge fund shorts the Hang Seng Index (most of the blue chips). Here is where they thought they could make a killing! &lt;a href="http://www.hkbu.edu.hk/~econ/web988.html" target="_blank"&gt;http://www.hkbu.edu.hk/~econ/web988.html&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;4. Enter Donald Tsang, who spent something like 120B HK to buy back the stocks. This resulted in the creation of the TRACKER FUND. This caused a lot of hedge funds to loose money because they had to "unwind" their trades at higher prices than their sell price. &lt;a href="http://en.wikipedia.org/wiki/Tracker_Fund_of_Hong_Kong" target="_blank"&gt;http://en.wikipedia.org/wiki/Tracker_Fund_of_Hong_Kong&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;Hence I believe HK has 2 practical choices:&lt;br /&gt;&lt;br /&gt;a. peg to CNY in the future&lt;br /&gt;&lt;br /&gt;b. peg to a basket of currencies like Singapore.&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1909324056319733913-7053836721599819973?l=mickchew.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://mickchew.blogspot.com/feeds/7053836721599819973/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=1909324056319733913&amp;postID=7053836721599819973' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/7053836721599819973'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/7053836721599819973'/><link rel='alternate' type='text/html' href='http://mickchew.blogspot.com/2008/10/700b-bailout-and-should-hong-kong-get.html' title='700B BAILOUT AND SHOULD HONG KONG GET OFF THE PEG'/><author><name>Michael Chew</name><uri>http://www.blogger.com/profile/11801867493433430644</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='28' src='http://3.bp.blogspot.com/-fd59slAkbug/TxvYuLGpxvI/AAAAAAAAAC4/I9CSQT_359o/s220/michael_chew.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1909324056319733913.post-2580030106089663520</id><published>2008-07-06T05:10:00.000-07:00</published><updated>2008-07-06T05:24:39.358-07:00</updated><title type='text'>THE HIGH PRICE OF CRUDE</title><content type='html'>It seems that it will be a matter of time before crude oil reaches $150 per barrel or more. Would this be so bad?&lt;br /&gt;&lt;br /&gt;On the face of it, yes, as it would feed inflation exacerbating the cost of food and the price of everything, slowing down growth, causing some reserve banks to raise interest rates further crimping growth and potentially slowing down the world economy.&lt;br /&gt;&lt;br /&gt;But would this be so bad? The high growth rates of some countries have in itself caused a whole raft of other problems such as the usage of more oil causing greenhouse gases and other negative effects to the environment. It seems that unchecked growth is unsustainable.&lt;br /&gt;&lt;br /&gt;The rise in price of crude, while worrying (mainly to our own personal budgets), will check growth rates, reduce unsustainable consumption which in turn will have a "deflating" effect on the &lt;span class="blsp-spelling-corrected" id="SPELLING_ERROR_0"&gt;economy&lt;/span&gt; in the medium term. This will then self correct in a sense because if there is less growth and consumption, then there would be less demand for oil in the long run, which would then cause the price of oil to return to more reasonable levels.&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1909324056319733913-2580030106089663520?l=mickchew.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://mickchew.blogspot.com/feeds/2580030106089663520/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=1909324056319733913&amp;postID=2580030106089663520' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/2580030106089663520'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/2580030106089663520'/><link rel='alternate' type='text/html' href='http://mickchew.blogspot.com/2008/07/high-price-of-crude.html' title='THE HIGH PRICE OF CRUDE'/><author><name>Michael Chew</name><uri>http://www.blogger.com/profile/11801867493433430644</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='28' src='http://3.bp.blogspot.com/-fd59slAkbug/TxvYuLGpxvI/AAAAAAAAAC4/I9CSQT_359o/s220/michael_chew.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1909324056319733913.post-2054229889400969077</id><published>2008-05-09T05:57:00.000-07:00</published><updated>2008-05-09T06:12:19.065-07:00</updated><title type='text'>THE RICE CRISIS</title><content type='html'>Is there one? I mean how did this come about? O.K. let's put aside the latest disaster to befall Burma (a rice growing country). Did you hear of any rice-crop failures in the past few weeks? months? years? I didn't think so? So what gives?&lt;br /&gt;&lt;br /&gt;Something doesn't feel right.&lt;br /&gt;&lt;br /&gt;A shortage in corn would be logical because of all the focus in recent years related to bio-fuels, hence diverting food production to fuel production. But rice?&lt;br /&gt;&lt;br /&gt;Now if they said that there is a rise in prices due to the fall in the US$ relative to the Asian Currencies across the board, it seems more plausible? mmm....so how do we trust the media to report accurately?&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1909324056319733913-2054229889400969077?l=mickchew.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://mickchew.blogspot.com/feeds/2054229889400969077/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=1909324056319733913&amp;postID=2054229889400969077' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/2054229889400969077'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/2054229889400969077'/><link rel='alternate' type='text/html' href='http://mickchew.blogspot.com/2008/05/rice-crisis.html' title='THE RICE CRISIS'/><author><name>Michael Chew</name><uri>http://www.blogger.com/profile/11801867493433430644</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='28' src='http://3.bp.blogspot.com/-fd59slAkbug/TxvYuLGpxvI/AAAAAAAAAC4/I9CSQT_359o/s220/michael_chew.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1909324056319733913.post-8344839392912870074</id><published>2008-04-19T06:03:00.000-07:00</published><updated>2008-04-19T06:15:02.140-07:00</updated><title type='text'>MENSACCINO+</title><content type='html'>The "+" stands for games on top of well........you get the picture. It was my first time meeting up with some members of the local mensa here in Hong Kong since I joined in early April and it was quite a warm gathering. The atmosphere was relaxed and informal. If this 1st meeting is anything to go by, it seems the chapter here in Hong Kong is represented by a wide spectrum of age groups as well as nationalities consistent with the international status of Hong Kong.&lt;br /&gt;&lt;br /&gt;But the thing that really surprised me most is that all of the functions including today's and the day to day administrative duties are organized and carried out by the members themselves voluntarily, which is how the costs are kept low. I find this special.&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1909324056319733913-8344839392912870074?l=mickchew.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://mickchew.blogspot.com/feeds/8344839392912870074/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=1909324056319733913&amp;postID=8344839392912870074' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/8344839392912870074'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/8344839392912870074'/><link rel='alternate' type='text/html' href='http://mickchew.blogspot.com/2008/04/mensaccino.html' title='MENSACCINO+'/><author><name>Michael Chew</name><uri>http://www.blogger.com/profile/11801867493433430644</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='28' src='http://3.bp.blogspot.com/-fd59slAkbug/TxvYuLGpxvI/AAAAAAAAAC4/I9CSQT_359o/s220/michael_chew.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1909324056319733913.post-3650104919132163029</id><published>2008-04-14T06:43:00.000-07:00</published><updated>2008-04-16T17:20:07.090-07:00</updated><title type='text'>Gold and Silver</title><content type='html'>&lt;em&gt;&lt;span style="font-family:arial;"&gt;Although, the official inflation rate in the US is nowhere near Zimbabwe’s levels, the easy monetary policies of Mr. Greenspan and lately, Mr. &lt;span class="blsp-spelling-error" id="SPELLING_ERROR_0"&gt;Bernanke&lt;/span&gt; are really starting to take a toll on the US currency. Since 2002, the US Dollar has lost its purchasing power against European currencies and even more so against the commodity-producing nations (e.g. Australia). Not suprisingly, the world’s reserve currency has lost the most against real money – gold and silver.&lt;br /&gt;Now the people who did buy gold at a low would rub their hands with glee with the fact that both gold and silver have risen by roughly 400% since the start of the precious metals bull-market (2001-2002). However, the real value of gold and silver have not changed at all (an ounce will still buy the same amount of real stuff like oil) but the reality is that the US Dollar itself has lost a considerable amount of purchasing power over the same period, relative to real money. Now, given what we have witnessed in Washington in the past few months (the creation of more money out of thin air), I have a lot of doubt in my mind that the US establishment cares about the health of its currency.&lt;/span&gt;&lt;/em&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1909324056319733913-3650104919132163029?l=mickchew.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://mickchew.blogspot.com/feeds/3650104919132163029/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=1909324056319733913&amp;postID=3650104919132163029' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/3650104919132163029'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/3650104919132163029'/><link rel='alternate' type='text/html' href='http://mickchew.blogspot.com/2008/04/gold-and-silver.html' title='Gold and Silver'/><author><name>Michael Chew</name><uri>http://www.blogger.com/profile/11801867493433430644</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='28' src='http://3.bp.blogspot.com/-fd59slAkbug/TxvYuLGpxvI/AAAAAAAAAC4/I9CSQT_359o/s220/michael_chew.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1909324056319733913.post-2382793940868222705</id><published>2008-04-08T08:17:00.000-07:00</published><updated>2008-04-08T08:24:51.855-07:00</updated><title type='text'>COMPETITIVE DEVALUATION</title><content type='html'>Are you worried about the US dollar depreciating against major currencies?&lt;br /&gt;&lt;br /&gt;On the face of it you should be (those who live in the US and Hong Kong). However think of it logically:&lt;br /&gt;&lt;br /&gt;How far do you think the EU Monetary Authorities will "let" the USD depreciate against the EURO? Companies like Airbus are already suffering (flying on the A380 worries me a bit), ditto BMW (they have to set up plants outside of Germany as the cost is simply too high).&lt;br /&gt;&lt;br /&gt;Similarly how far do you think the BOJ will let the yen appreciate againt the USD?&lt;br /&gt;&lt;br /&gt;I predict a competitive devaluation will soon start with all the central banks. In other words a massive increasing in their respective money supplies.&lt;br /&gt;&lt;br /&gt;Prepare for your savings to be worth much less!!&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;Michael Chew&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1909324056319733913-2382793940868222705?l=mickchew.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://mickchew.blogspot.com/feeds/2382793940868222705/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=1909324056319733913&amp;postID=2382793940868222705' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/2382793940868222705'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/2382793940868222705'/><link rel='alternate' type='text/html' href='http://mickchew.blogspot.com/2008/04/competitive-devaluation.html' title='COMPETITIVE DEVALUATION'/><author><name>Michael Chew</name><uri>http://www.blogger.com/profile/11801867493433430644</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='28' src='http://3.bp.blogspot.com/-fd59slAkbug/TxvYuLGpxvI/AAAAAAAAAC4/I9CSQT_359o/s220/michael_chew.jpg'/></author><thr:total>0</thr:total></entry><entry><id>tag:blogger.com,1999:blog-1909324056319733913.post-5744066792707429957</id><published>2008-04-05T18:48:00.000-07:00</published><updated>2008-04-05T18:51:48.703-07:00</updated><title type='text'>FINANCIAL MADNESS</title><content type='html'>THE BEAR BAILOUT&lt;br /&gt;&lt;br /&gt;How do you think Ben bailed out Bear Sterns?&lt;br /&gt;&lt;br /&gt;Did he print the money, obtained it from somewhere (like the treasury)?, borrowed from another country like China?&lt;br /&gt;&lt;br /&gt;Nope. It's just a book entry. An account is created, a number "thought" up and you simply add as many zeros as you need in front of it!&lt;br /&gt;&lt;br /&gt;Scary? Yes. True? Unfortunately also yes!&lt;br /&gt;&lt;br /&gt;More Later.................&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/1909324056319733913-5744066792707429957?l=mickchew.blogspot.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://mickchew.blogspot.com/feeds/5744066792707429957/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='http://www.blogger.com/comment.g?blogID=1909324056319733913&amp;postID=5744066792707429957' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/5744066792707429957'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/1909324056319733913/posts/default/5744066792707429957'/><link rel='alternate' type='text/html' href='http://mickchew.blogspot.com/2008/04/financial-madness.html' title='FINANCIAL MADNESS'/><author><name>Michael Chew</name><uri>http://www.blogger.com/profile/11801867493433430644</uri><email>noreply@blogger.com</email><gd:image rel='http://schemas.google.com/g/2005#thumbnail' width='32' height='28' src='http://3.bp.blogspot.com/-fd59slAkbug/TxvYuLGpxvI/AAAAAAAAAC4/I9CSQT_359o/s220/michael_chew.jpg'/></author><thr:total>0</thr:total></entry></feed>
