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Author Topic: Ufo propu engine, closed loop  (Read 152905 times)

Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #930 on: March 10, 2017, 05:27:21 AM »
Question 25: What do you think of Binary Options?

It is a scam.

U.S. FBI investigation


In February 2017, the Times of Israel reported that the U.S. Federal Bureau of Investigation is conducting an active international investigation of binary option fraud. It quoted an FBI supervisory special agent as saying, “Our agents are going to look under every rock and stone....We are not limited to the USA.” Victims from anywhere in the world were asked to contact an FBI field office or the FBI's Internet Crime Complaint Center. The investigation is not limited to the binary options brokers, but is comprehensive and might include, for example, the industry's backend, providers of services that allow the industry to operate. Credit card issuers will be informed of the fraudulent nature of much of the industry, which could possibly allow victims to receive a chargeback, or refund, of fraudulently obtained money.[4]

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Re: Ufo propu engine, closed loop
« Reply #930 on: March 10, 2017, 05:27:21 AM »

Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #931 on: March 10, 2017, 10:22:27 AM »

Question 25: What do you think of Binary Options?

It is a scam.

U.S. FBI investigation


In February 2017, the Times of Israel reported that the U.S. Federal Bureau of Investigation is conducting an active international investigation of binary option fraud. It quoted an FBI supervisory special agent as saying, “Our agents are going to look under every rock and stone....We are not limited to the USA.” Victims from anywhere in the world were asked to contact an FBI field office or the FBI's Internet Crime Complaint Center. The investigation is not limited to the binary options brokers, but is comprehensive and might include, for example, the industry's backend, providers of services that allow the industry to operate. Credit card issuers will be informed of the fraudulent nature of much of the industry an, which could possibly allow victims to receive a chargeback, or refund, of fraudulently obtained money.[4]

"Tseung, if Binary Option is a scam and Forex is a game, what is real?"

In the world of paper money, the money is backed up by the authority of the Government. Citizens believe in it and accept it as media of exchange. It is more convenient than carrying gold or silver. But the era of paperless money is coming. China is much more advanced than Hong Kong. Almost all payment and money transfers can be via the smart phone. There is no need to carry paper money. It is safer and people are having more confidence in using it. It is better than credit cards.

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Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #932 on: March 10, 2017, 08:58:54 PM »


"Tseung, if Binary Option is a scam and Forex is a game, what is real?"

In the world of paper money, the money is backed up by the authority of the Government. Citizens believe in it and accept it as media of exchange. It is more convenient than carrying gold or silver. But the era of paperless money is coming. China is much more advanced than Hong Kong. Almost all payment and money transfers can be via the smart phone. There is no need to carry paper money. It is safer and people are having more confidence in using it. It is better than credit cards.

The smart phone transactions are better because the transaction can always be traced. If everyone has a smart phone (which is likely in China soon as Government is backing it up), the retail shops know that they can be paid. The customers know that the retail shops will have to be responsible for the quality of the products. All can be traced.

The role of a government will change. Citizens will demand that the Government must ensure honest and fair play in almost all aspects related to their well being. Food security and safety; building safety; transport comfort and safety; education quality; travelling expectations; health care; retirement benefits; disaster relief, etc will fall on Government shoulders.

Defense is no longer restricted to physical wars. It will extend to cyber attacks; currency wars; draining the Foreign Currency Reserve, attacks by hedge funds or crocodiles etc. Many Government Officials today are not trained in such matters. Will China learn faster?

Will the competition change to - helping poorer nations develop?

Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #933 on: March 10, 2017, 09:47:13 PM »

Question 23: Do you think that the 5 trillion a day Forex Market is just a game? If China trades through its own Forex Exchange and posts the results in the Forex Computer Systems, it can theoretically achieve any exchange rate? All other Nations can do the same? Individuals can still trade and participate in the 5 trillion a day trading. Is it meaningful?
 
I have been discussing this with many others. It is like gambling in the casi*o owned by the family. Losing or winning makes no effective difference. The result of the trading is posted as the “official exchange rate”! It clearly is a game.


*** I have to admit that I enjoy the game - even with fake or demo money. It is intellectually challenging. It get me to read much more about the "international happenings" including unemployment figures, trade balances, news events and articles by journalists. It is more addictive than almost any computer game. I can start conversation with almost any stranger with the opener - I think I have a sure-win strategy based on the crocodile attack on the RMB.


"Tseung, do you know the effect of your posts on the 5 trillion USD a day industry?"

"You suggested that China and every other Government should have its own Foreign Exchange and become the market maker or dominant market player in their own currency. The London and New York Forex Exchanges will lose their major customers. The Hedge Funds can no long manipulate to devalue the currency of any Nation. The West cannot use Forex as an economic war weapon any more. You have upset many powerful forces. They have locked up the two top financial brains in Hong Kong. Your fate is likely to be worst."

Tseung: "I am old and retired. (so are the two locked up former officials) I advocate the better game of two camps competing to develop poorer nations. Many of the poorer nations suffer from lack of education and knowledge. Some still do not understand contraception and the need to control the birth rate. Some persons object on religious grounds. Some are just ignorant. I believe my posts will help many leaders see the light. I do not worry about how the powerful might do.  They killed the Red Indians at one time. They exported opium at one time. They made many Africans slaves at one time. They can prolong the sufferings of the poorer nations. They can ask the lowest bidder to supply goods (essentially cutting each others' throats) and they pay with thin-air money."

Tseung: "China was able to use the opportunity to learn. China used its low-paid labor force to produce goods for export but learned the production technology, the management techniques and the marketing skills. China polluted its environment but it could clean it up again with the new found knowledge and confidence.  Poorer Nations should learn from that experience."


Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #934 on: March 11, 2017, 09:54:40 AM »

 
Question 23: Do you think that the 5 trillion a day Forex Market is just a game? If China trades through its own Forex Exchange and posts the results in the Forex Computer Systems, it can theoretically achieve any exchange rate? All other Nations can do the same? Individuals can still trade and participate in the 5 trillion a day trading. Is it meaningful?
 
 I have been discussing this with many others. It is like gambling in the casi*o owned by the family. Losing or winning makes no effective difference. The result of the trading is posted as the “official exchange rate”! It clearly is a game.
 
 

A banker friend: “China will have to move from a material economy to a financial economy. The financial economy relies on numbers or derivatives. China has seen its property market increased in value but ghost towns and vacant units are everywhere.”

Tseung: “China can still invest in infrastructures – not just in China but aboard. China can invest heavily in social services for the elderly – seniors typically do not want to spend, someone has to spend on their behalf. China can invest heavily in village hotels – pay the seniors (and supporting agencies) to enjoy life in these hotels.”

Banker: “Sooner or later, China will have to move to financial services. China can regulate its Forex Industry; ensure that it will not have its Reserve drained; be the dominant market maker of RMB transactions etc. Do not try to kill the 5 trillion USD a day industry. Expand it so that the middle income Citizens have a place to invest their spare cash.”

Tseung: “I still believe getting them to invest to benefit the poorer Nations is much better than investing in games.”

Free Energy | searching for free energy and discussing free energy

Re: Ufo propu engine, closed loop
« Reply #934 on: March 11, 2017, 09:54:40 AM »
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Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #935 on: March 11, 2017, 08:51:13 PM »

3.1  The meeting at the Department of Commerce and mention of World War 4.
 
There was a departure from innovative scientific ideas.  It started when Tseung was invited to attend a USA Department of Commerce seminar in 1986.  The opening statement was – “We are in World 4 now and the USA is losing.  We need your help”.  The participants were all shocked.  They all stared at each other.  Tseung wondered whether he had fallen asleep in his history lessons at school.  World War 3 has not been fought yet.  How can there be World War 4?
 
The presenter continued.  “World War 3 was the cold war.  The winner was the USA.  The USSR collapsed and broke up.  Russia is no longer a leading World Power.  World War 4 is the Economic War.  The battlefields were not the trenches but the boardrooms.  The USA is losing because the developing countries can produce quality products at a fraction of the cost that they can be made in the USA.  Japanese cars, televisions and electrical appliances dominate the World Markets.  Garments and toys from Hong Kong are everywhere.  Many Countries have protective policies”.
 
The participants were stimulated.  Many proposals were tabled.  The three that sank into the mind of Tseung were:
1.  USA would give up some traditional industries such as garments.  However, before giving up, it would invest and spread the technology to many developing countries.  Let these countries compete for orders.  These Countries will cut their own throats in lowering the prices.  USA would be seen as the good guy providing knowledge and orders.

2.  Heavily protect the high-profit intellectual property products.  The example quoted was software.  While the cost of packaging a CD and some manuals is only a few US dollars, but that same product can be sold for hundreds or even thousands of dollars.

3. Promote the globalization concept.  Persuade the Countries to drop their protective policies especially in the financial sector.  Tell them that the USA will open up its markets.  You should do the same.  Do not mention the fact that in the financial world, the big fish can easily swallow the small fish.
 
This was at least ten years before the Asian Financial Crisis.  The three above strategies, while seemingly simple, had important consequences.

Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #936 on: March 12, 2017, 05:19:50 PM »

Now that China have won the Forex battle, what next?


Will China team up with Russia to compete with USA to help the poorer nations?


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Re: Ufo propu engine, closed loop
« Reply #936 on: March 12, 2017, 05:19:50 PM »
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Offline Zephir

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Re: Ufo propu engine, closed loop
« Reply #937 on: March 13, 2017, 01:24:31 AM »
Currently China massively invests in the Africa already- but I seriously doubt, it's because it wants to help the poor nations there. It's just another form of neocolonialism, because China needs the strategical raw sources for its further development. And how the Russia is helping the Georgia, Abkhazia, Chechnya or Ukraine we can already see - it's less or more opened annexation under intention to restore the power of former Soviet Union. The cooperation of Russia with China is indeed possible, because the Russia has also the raw sources, which just China needs - but such a politics would be very short-seeing and dangerous for Russia, because its economy could be swallowed with China easily. The Russia may remember soon, how that they asked USA to nuke China - and how USA refused to do it.

Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #938 on: March 13, 2017, 05:22:59 PM »
 
Currently China massively invests in the Africa already- but I seriously doubt, it's because it wants to help the poor nations there. It's just another form of neocolonialism, because China needs the strategical raw sources for its further development. And how the Russia is helping the Georgia, Abkhazia, Chechnya or Ukraine we can already see - it's less or more opened annexation under intention to restore the power of former Soviet Union. The cooperation of Russia with China is indeed possible, because the Russia has also the raw sources, which just China needs - but such a politics would be very short-seeing and dangerous for Russia, because its economy could be swallowed with China easily. The Russia may remember soon, how that they asked USA to nuke China - and how USA refused to do it.
 

It is not a matter of good heart helping poorer Nations. It is the philosophy that if a Nation wants to become rich and remain rich, it should help other Nations become rich. This is very different from the Colonial West. Their philosophy is – we become rich by conquest and taking over other’s land and resources. We have to remain militarily superior and keep other Nations ignorant and poor so that they cannot rob us back.

But the real  power of the West came from scientific knowledge. Such knowledge can be learned. USA and allies thought that they also had an invincible economic weapon – big fish eat small fish. They could attack the currency of any Nation and vaporize their hard work and achievements. They succeeded in disintegrating USSR. They succeeded in evaporating the Asian Miracle in 1997. They managed to drain 1 trillion USD from China’s Foreign Currency Reserve.

This powerful weapon can now be rendered useless. China can use its own Forex Exchange to trade and establish the Currency Exchange Rate. The Market Force is no longer the big fish (or crocodiles or sharks). For the RMB, it is the almighty dragon.

The West had over capacity long ago. They chose to cut back rather than helping other Nations rich. The West could have helped African Nations to build infrastructures long ago – they had the dam, road building, power-grid building technology. They prefer to watch the African Nations remain ignorant and gave dead-aid.

Nuclear weapon technology is no longer a secret. North Korea demonstrated it clearly. One school of thought from USA is to wipe them out now. Invading with ground troops is already too late. The other school of thought is to get the North Korean Citizens rich. They do not need to use the nuclear weapons to feel secure and prosperous. The correct Globalization approach – making all Human Beings rich – will bear fruit.
 

Offline Zephir

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Re: Ufo propu engine, closed loop
« Reply #939 on: March 13, 2017, 11:10:26 PM »
IMO you're idealizing China too much. Every sufficiently powerful country will start to behave like the geopolitical power in similar way, like every sufficiently large company will use monopolist practices soon or later. It's visible on China's attitude over Senkaku islands for example: why it couldn't embrace them, if it can and some oil is there? So it grasps the opportunity.

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Re: Ufo propu engine, closed loop
« Reply #939 on: March 13, 2017, 11:10:26 PM »
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Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #940 on: March 13, 2017, 11:12:24 PM »

https://www.youtube.com/watch?v=WM0jQ8QN-rw&t=4s


The talk discussed the devaluation of the USSR ruble. Should we say - the collapse of the currency?

Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #941 on: March 14, 2017, 09:27:50 AM »


IMO you're idealizing China too much. Every sufficiently powerful country will start to behave like the geopolitical power in similar way, like every sufficiently large company will use monopolist practices soon or later. It's visible on China's attitude over Senkaku islands for example: why it couldn't embrace them, if it can and some oil is there? So it grasps the opportunity.


They were using my book written in Chinese in 2003. The title was - How to Win the Economic War. That book needs to be updated.


The English extract (Innovation.doc) was posted in 2010 at:
http://www.overunityresearch.com/index.php?topic=2100.0


Inside both was the important article on Blueprint for the Economic Development  of China.


Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #942 on: March 15, 2017, 12:45:29 AM »

 Imagined Discussions at PBOC

PBOC is People’s Bank of China. It is the equivalent of the Central Bank where major financial decisions are made.

Economist A: “You have all received the article on China trading Forex through its own Forex Exchange and save trillions of Foreign Currency Reserve. We would like to have your views.”

Economist B: “I cannot believe it. We have been spending billions of our Reserve daily to pop up the RMB Exchange Rate. This proposal suggests that we do not need to spend a dollar of our Reserve and we can control the RMB Exchange Rate. It is too good to be true.”

Economist C: “What does our section head say?”

Economist A: “We are here to discuss the merits and drawbacks of the article. We are supposed to give our most professional opinion. We should not be influenced by the opinion of our superiors.”

Economist D: “I have been thinking about the article. It compares the situation as gambling in casi*os. Playing in the Forex Exchanges of London and New York is like gambling in a Foreign Casi*o. They get to profit whether we win or lose. When we are the only major player popping up RMB, we are bound to lose. Playing in our own Casi*o and have the results accepted in the International Forex Computer Systems is simply brilliant.”

Economist B: “Will the trading results be accepted as Official?”

Economist C: “At present, we trade through many Forex Exchanges including London, New York, Hong Kong and Singapore. What will be the difference if we trade through an Forex Exchange in Shanghai or Shenzhen?”

Economist A: “I propose to set up a special team to look into the matter. Anyone second?”

All raised their hands.

Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #943 on: March 15, 2017, 06:56:19 AM »

 An Imagined Meeting in Moscow

Economist A: “In front of you is an article suggesting that China trades RMB Forex in a Chinese Controlled Forex Exchange. What are your views?”

Economist B: “If we thought of it in the 1990s, USSR would not have disintegrated. The Ruble would never have depreciated to 1USD to 1,700. The Economy would not have collapsed.”

Economist C: “We all learn from hindsight. China learned after losing 1 trillion USD. We never had that amount of Reserve.”

Economist A: “Should we also trade Forex through our own Forex Exchange?”

All raised their hands.

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Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #944 on: March 15, 2017, 07:13:01 AM »

 An Imagined Meeting in London

Economist A: “In front of you is an article suggesting that China trades RMB Forex in a Chinese Controlled Forex Exchange. What are your views?”

Economist B: “We would lose hundreds of Billions in profits. China was handing a good portion of their 1 trillion USD to us in the last eighteen months.”

Economist C: “Think of something quick. Say that the Chinese Trading will not be recognized or something.”

Economist A: “Let us consult the Americans. They have hedge fund managers such as George Soros who are cunning and command huge resources.”

Economist B: “I never believed PBOC have brilliant Economists. I helped to train many of them. They were like sheep – just copying and reciting what I fed.”

Economist C: “At the back of their minds, the Chinese never really trusts us. We imprisoned two of their top financial brains.”

Economist A: “We underestimated the Chinese. They have more than two financial brains. Who wants to go to Washington to meet our USA allies?”

All raised their hands.

Free Energy | searching for free energy and discussing free energy

Re: Ufo propu engine, closed loop
« Reply #944 on: March 15, 2017, 07:13:01 AM »

 

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