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Author Topic: Ufo propu engine, closed loop  (Read 112534 times)

Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #810 on: January 12, 2017, 01:24:43 AM »

 One strategy China can take is as follows:
(1)    Complain bitterly about the unfairness of the Foreign Exchange Trading System.
(2)    Disclose it openly and widely in all Media both domestically and internationally.
(3)    Announce the immediate suspension of all “offshore trading” of the RMB.
(4)    Restrict Chinese Citizens travelling aboard to have a small, limited USD currency.  The Citizens are not allowed to bring RMB overseas.  Make sure that the reasons are well explained.
(5)    Peg the RMB with the USD with a fixed exchange rate with no fluctuations within China.
(6)    Essentially use the Malaysia tactics used in 1998 at the Asian Financial Crisis.
(7)    Any existing RMB outside China can be used within China to buy goods and services.  The legitimate international holders will not suffer badly.
( 8)   All International Capital outflow from China will need approval as a measure to prevent panic.
(9)    Seek the help of USA to peg the RMB internationally and redefine the Rule of the Game.

The What-If of this strategy will be carefully analyzed.  Ensure the strong measure is effective.  If no effective strong measure is taken, the RMB will collapse after the exhaust of the Foreign Exchange Reserve.  Panic will set in.  Citizens will lose faith in the Government.  The Chinese Communist Party may be toppled for failing to defend the economy!
 

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Re: Ufo propu engine, closed loop
« Reply #810 on: January 12, 2017, 01:24:43 AM »

Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #811 on: January 12, 2017, 04:20:41 AM »

https://www.youtube.com/watch?v=P2IWGlR1SHs

Speculative attack on a currency | Foreign exchange and trade | Macroeconomics | Khan Academy

One of the best explanation on Speculator attacks.


*** Actual case in Thailand in 1997
https://www.youtube.com/watch?v=lA3sjWwu5-s

« Last Edit: January 12, 2017, 08:18:16 AM by ltseung888 »

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Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #812 on: January 12, 2017, 05:59:18 AM »

Church Member: "Tseung, why do you always use the word WAR?  Both Chinese and USA Leaders want their Citizens to have better standards of living, feel proud of themselves and do not mind helping others.  Work on harmony and friendly Competitions to make each other proud."

Both Countries love and adore their Olympians.  These Olympians work extraordinarily hard to inspire. . They compete fairly. 

Follow that spirit.  Abide by fair and level playing rules. 


*** UFO technology will bring new rules.
« Last Edit: January 12, 2017, 08:20:36 AM by ltseung888 »

Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #813 on: January 12, 2017, 08:01:52 AM »

 In the art of war by 孫子, the best strategy is to defeat the other side without firing a shot. USA succeeded in defeating USSR in the Cold War and caused its total disintegration with such a strategy. The Hedge Funds destroyed the Asian Miracle in the Asian Financial Crisis in a similar manner.

Now China relaxed its financial controls and hoped to gain the status of Reserve Currency. Probably few or none of the Leaders knew that they had stepped into a trap.

A friend insisted that things are different.  China is much bigger and smarter than USSR and the other Asian Nations. He said that the analysis was faulted but could not point out why. But he agreed that all could present their points of view. That is the power of the Internet.


Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #814 on: January 12, 2017, 08:22:44 AM »

Church Member: "Tseung, why do you always use the word WAR?  Both Chinese and USA Leaders want their Citizens to have better standards of living, feel proud of themselves and do not mind helping others.  Work on harmony and friendly Competitions to make each other proud."

Both Countries love and adore their Olympians.  These Olympians work extraordinarily hard to inspire. . They compete fairly. 

Follow that spirit.  Abide by fair and level playing rules.

*** UFO technology will bring new rules.

China is trying to link the World with high speed rail. But USA has already connected the World with airplanes! USA has demonstrated its ability to get any Country rich and to get any Country poor. (Marshal Plans to help Nations rich. Currency Wars to get Nations poor.)

Free Energy | searching for free energy and discussing free energy

Re: Ufo propu engine, closed loop
« Reply #814 on: January 12, 2017, 08:22:44 AM »
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Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #815 on: January 12, 2017, 08:42:56 AM »

Tseung, you did not mention the attack on the local stock markets to gain local currency and create panic first before the Currency Attack in the Asian Financial Crisis.


China fell into the trap or false pride of Reserve Currency. It voluntarily pumped much RMB into the International System. That means the Speculators have more ammunition. They do not need to attack the Chinese Stock Market to get hold of RMB. They do not need to borrow RMB from Chinese Sources...

Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #816 on: January 13, 2017, 12:22:24 AM »

 https://www.dailyfx.com/forex/education/trading_tips/trend_of_the_day/2012/02/07/Short_Sell_Basics.html
Short Selling in the Forex Market

In the FX Market, transactions are handled differently than stocks.
First of all, each currency quote is provided as a ‘two-sided transaction.’
This means that if you are selling the EUR/USD currency pair, you are not only selling Euro’s; but you are buying dollars.
If you buy the GBP/JPY currency pair – you are buying British Pounds and selling Japanese Yen.
If you sell the AUD/NZD currency pair – you are selling Australian dollars and buying New Zealand dollars.
Because of this, no ‘borrowing,’ needs to take place to enable the short sale. As a matter of fact, quotes are provided in a very easy-to-read format that makes short-selling more simplistic.
Want to sell the EUR/USD?
Easy. Just click on the side of the quote that says ‘Sell.’
After you have sold, to close the position, you would want to ‘Buy,’ the same amount (hopefully at a lower price allowing for profit on the trade).


*** It does not really matter how much RMB is actually available in the "International Market".  Traders or Currency Speculators can short (sell RMB without owning them).  They also do not need to borrow from any RMB holder source.  Just attack and drive the exchange rate low.  The Chinese Central Bank will have to sell its Foreign Exchange Reserve to pop up.  When the traders "gang up", they can drain the limited Reserve no matter how large it is. The refurnishing of the Reserve can never match the trading rate.  The big debate in the financial circle in China is - to protect the exchange rate or to keep the Foreign Exchange Reserve?

Free Energy | searching for free energy and discussing free energy

Re: Ufo propu engine, closed loop
« Reply #816 on: January 13, 2017, 12:22:24 AM »
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Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #817 on: January 14, 2017, 07:24:31 PM »

One strategy China can take is as follows:
(1)    Complain bitterly about the unfairness of the Foreign Exchange Trading System.
(2)    Disclose it openly and widely in all Media both domestically and internationally.
(3)    Announce the immediate suspension of all “offshore trading” of the RMB.
(4)    Restrict Chinese Citizens travelling aboard to have a small, limited USD currency.  The Citizens are not allowed to bring RMB overseas.  Make sure that the reasons are well explained.
(5)    Peg the RMB with the USD with a fixed exchange rate with no fluctuations within China.
(6)    Essentially use the Malaysia tactics used in 1998 at the Asian Financial Crisis.
(7)    Any existing RMB outside China can be used within China to buy goods and services.  The legitimate international holders will not suffer badly.
( 8)   All International Capital outflow from China will need approval as a measure to prevent panic.
(9)    Seek the help of USA to peg the RMB internationally and redefine the Rule of the Game.

The What-If of this strategy will be carefully analyzed.  Ensure the strong measure is effective.  If no effective strong measure is taken, the RMB will collapse after the exhaust of the Foreign Exchange Reserve.  Panic will set in.  Citizens will lose faith in the Government.  The Chinese Communist Party may be toppled for failing to defend the economy!
Malaysia got out from the Asian Financial Crisis better than Indonesia, Thailand and South Korea.  These Countries got the support and "bad advice" from the IMF.
China can consider such a tactic well before the Foreign Reserve is exhausted.  For example, China still has 3 trillion.  The tactics will be used when the Reserve drops to 2.5 trillion.
Chinese Economists and Policy Makers should play with such what-if scenario now.  "Unofficial" channels can communicate such and other tactics to the outside world.  That shows that China will never panic.  The RMB will never free fall like the Rupee or the Ringgit..

Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #818 on: January 15, 2017, 05:44:55 AM »

 Overheard on a bus trip:
Person A: “I just came back from my Village. A high speed rail will be built cutting the village.”
Person B: “There must be protests as Government will take away the land.”
Person A: “On the contrarily, the villagers welcomed it with open arms. The compensation package was too good. The cash compensation was 150% of the initial estimated value. There was a free 100sq. meter flat with all electrical appliances in one of the ghost cities.”
Person B: “Why would I move to a ghost city?”
Person A: “Many of the neighbors would be there. Many jobs would be available including maintaining and cleaning the vacant units.”

China understands the money incentive very well. In the 2008 World Financial Crisis, China pumped trillions of thin-air money to build Infrastructures. China compensated the affected villagers generously. That was why China could build so many high speed rails without objections. Money, Money and Money. (State Capitalism uses the money incentive.) There will be more high speed rails. There will be more compensations. The ghost city problem will be solved. (Build and furnish the units first. People will see actual units rather than promises. Most are happy to move.)

Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #819 on: January 15, 2017, 05:52:29 AM »

Malaysia got out from the Asian Financial Crisis better than Indonesia, Thailand and South Korea.  These Countries got the support and "bad advice" from the IMF.
China can consider such a tactic well before the Foreign Reserve is exhausted.  For example, China still has 3 trillion.  The tactics will be used when the Reserve drops to 2.5 trillion.
Chinese Economists and Policy Makers should play with such what-if scenario now.  "Unofficial" channels can communicate such and other tactics to the outside world.  That shows that China will never panic.  The RMB will never free fall like the Rupee or the Ringgit..
Trump wants RMB to appreciate so that Chinese Goods will not be that cheap.  If USA and Chinese Governments join hands to force the RMB up, what are the chances of Hedge Funds and Currency Speculators able to force the RMB down?

Free Energy | searching for free energy and discussing free energy

Re: Ufo propu engine, closed loop
« Reply #819 on: January 15, 2017, 05:52:29 AM »
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Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #820 on: January 16, 2017, 05:04:43 AM »

Overheard on a bus trip:
Person A: “I just came back from my Village. A high speed rail will be built cutting the village.”
Person B: “There must be protests as Government will take away the land.”
Person A: “On the contrarily, the villagers welcomed it with open arms. The compensation package was too good. The cash compensation was 150% of the initial estimated value. There was a free 100sq. meter flat with all electrical appliances in one of the ghost cities.”
Person B: “Why would I move to a ghost city?”
Person A: “Many of the neighbors would be there. Many jobs would be available including maintaining and cleaning the vacant units.”

China understands the money incentive very well. In the 2008 World Financial Crisis, China pumped trillions of thin-air money to build Infrastructures. China compensated the affected villagers generously. That was why China could build so many high speed rails without objections. Money, Money and Money. (State Capitalism uses the money incentive.) There will be more high speed rails. There will be more compensations. The ghost city problem will be solved. (Build and furnish the units first. People will see actual units rather than promises. Most are happy to move.)
From a Senior Citizen:
I now understand why China can always meet its GDP growth target. China includes the parties and gifts to us as contribution to GDP. I received gifts of blankets, biscuits, noodles, fruits at the mooncake festival. I expect more for the Chinese New Year.
Hail to the Chinese Economic Miracle...

Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #821 on: January 16, 2017, 07:50:49 AM »
 Is it possible for China to achieve its goal of removing poverty in China by 2020?
(1)    Can China provide enough food for all citizens no matter which part of China?
(2)    Can China guarantee every child has access to education (via Internet if needed)?
(3)    Can China ensure that every household have electricity, clean water, access to Internet?
(4)    Can China provide emergence to any province in case of Natural Disasters such as Earth Quakes, Floods, Draught, Forest Fires etc.
(5)    Can China provide opportunities for every citizen to have life-long education and see prospects of improving standards?
(6)    Can China provide entertainment to enrich the life and happiness of all its citizens?
(7)    Can China provide the medical and hospital care in case a citizen falls ill?
( 8)     Can China provide the social benefits to the disabled, old, sick, unemployed?
(9)    Can China provide clean air, water and non-polluted food to its citizens?
(10) Can China provide ease of travel to all its citizens?
(11) Can China use its excess capability to help other Nations richer?
(12) Can China provide super democracy so that every citizen can express his opinion and vote on important issues directly?
(13) Can China help its citizens to generate the self-confidence and compassion for other Nation or individuals not so blessed?
 
Achieving the above means that China will have achieved the status of a Developed Nation. If China can continue State Capitalism with the necessary Five Year Plans and focused development, China and the World will be a happier and more prosperous place. Can the above be accomplished by 2020?


Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #822 on: January 17, 2017, 10:56:01 AM »
Trump wants RMB to appreciate so that Chinese Goods will not be that cheap.  If USA and Chinese Governments join hands to force the RMB up, what are the chances of Hedge Funds and Currency Speculators able to force the RMB down?

From another Senior Citizen:

"Tseung, we are too old to do anything concrete. We can spend our time speculating and discussing various strategies. Others younger and brighter are in better position to take action. The posts will alert them on some possible areas that they may have missed."

The Chinese Economists would have analyzed the fall of USSR and the Asian Financial Crisis. They can read our points of view. They are likely to have done much more what-if analysis. Some moves may be kept secret and deployed only when needed.

But helping other Nations rich is a good idea...

Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #823 on: January 17, 2017, 01:35:01 PM »
From a bitter retired senior citizen:

"Tseung, learn one lesson. In the financial world, the one with vastly more money will win. All the cleverness, cunningness and knowledge will not overcome the odds. I learned my lesson the hard way - loss amounts to many millions."

Free Energy | searching for free energy and discussing free energy


Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #824 on: January 18, 2017, 07:49:20 PM »

 Some comments on currency war (dr@dailyreckoning.com wrote:)
In order not to deplete foreign exchange reserve in defence of yuan depreciation expectations, China may resort to maxi-devalue Yuan by 10% or more overnight.  Such currency manipulation tactics should surely drown Soros style crocodiles and rock US market with one shot.

*** When Soros and Inc. are betting the Yuan to devalue, a large devaluation will provide them with huge profits. Does “drown” mean drowning them in money? Such postings are meant to confuse. I think the author is trying to scare the Yuan (RMB) holders to convert their holdings to USD. Currency War is fought with words, rumors, half-truths etc. Will the Chinese Central Bank take effective action (slowly draining the foreign reserve may not be the best move).

China needs to keep the “trust worthy” image. The “drain your currency reserve to force your currency to float(wildly depreciate) and then rob your resources” tactics succeeded against USSR and the Asian Tigers. Will it succeed against China?

Free Energy | searching for free energy and discussing free energy

Re: Ufo propu engine, closed loop
« Reply #824 on: January 18, 2017, 07:49:20 PM »

 

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