Li-Chang Kuo’s Future Sewing Machine

Li-Chang Kuo’s Future Sewing Machine

The unit price of WTI crude oil was down to US$ 35.49 per barrel last week, today Taiwan’s media says, “Oil prices are collapsing, fill it up no more than NTD 1000 (US$ 2.558 per gallon)”—This is definitely not government's benevolent rule, but an international trend. There is a fatal factor in this trend that is ‘Taiwan's petrochemical industry in jeopardy’, because I initiated that needle and thread will be no need in the future sewing machine, that concerning the oil price and development of new industry, those related industries will think carefully about the consequences of it. I proposed that ‘IIA-TES’ (Invest in America for the Economic Stimulus) as I attended the APEC 2009 CEO Summit to response the topic ‘Rebuilding the Global Economy’ after one anniversary of the unprecedented financial crisis, I was questioned that “The cost is so expensive in the United States, how to invest in America?” I responded that “The Investing reason is right at expensive!” The ‘IIA’ really achieved by the smart leader in the later 6 years, for example, like the successful exploration of oil shale at the highest point of the oil price, afterwards, new energy carrying out the new opportunities, and then the new multilateral free trade agreement—‘TPP’ will bring more benefits in the United States for the rule of ‘Textiles and Apparel’ was set in Chapter 3 of TPP—it declared that “Most tariffs will be eliminated immediately, the chapter also includes specific rules of origin that require use of yarns and fabrics from the TPP region, which will promote regional supply chains and investment in this sector, with a ‘short supply list’ mechanism that allows use of certain yarns and fabrics not widely available in the region.” In other words, TPP regional industries will enjoy all the preferential treatment and protection, outsiders who can only watch and slobber. Actually, America was a big exporting country of textile and apparel in the 20th century, as well as the sewing machines; they’ve been misleading by the fallacy of "To buy the things there where the prices are cheap!" But experienced the great unemployment problem of the unprecedented financial crisis, American asked ‘Mr. Barbie’ about the feasibility of sewing machine without the needle and thread. I must say “This is already 21st century; my power chip was by means of the ‘pico-tech’ (one trillionth meter), and contactless TranSmart card was a product of laminating-tech, so that the sewing machine without the needle and thread should be feasible." At last, the questions is, under a series of rampant corruption, as Former President Lee Teng-hui asked: “Where shall Taiwan to go in the 21st century?”