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The recession is tightening its grip in Taiwan: Companies have closed their doors and big red signs which I can only assume say "going out of business" are plastered all over the place. I blame the fact they didn't give me a consumption voucher.

Taiwanese reacted by leaving the cities and heading to the mountains, presumably to return to the self-sufficient lifestyle of Formosan aborigines.

Besides a few explosions last night and some drivers running red lights in panic today, the overall situation remained calm and stable. However, a weird obsession with oxen seems to be spreading rapidly over the island. A psychologist I consulted online thinks this represents a desire to return to simpler times. A controversial Panda cult has also managed to gain a few followers.

The good thing about these dramatic developments is that I finally got to see Sun Moon Lake. Besides turquoise waters and lush mountainsides, this world class attraction in central Taiwan offers historical artifacts like the boat used by Chiang Kai-Sheck during his escape to Taiwan.

Gōng xǐ fā cái!