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Author Topic: Ufo propu engine, closed loop  (Read 472047 times)

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #945 on: March 15, 2017, 01:52:54 PM »

 An imagined meeting in Washington

Economist A: “We have visitors from U.K. They brought the news that China would trade through their own Forex Exchanges. Our Hedge Funds could no longer drain their Foreign Currency Reserve.”

Economist B: “Does that mean China can freely determine their RMB exchange rate? What happens to our preaching of Market Forces?”

Economist C: “The Chinese finally understood that in free market, the big fish eats the small fish. Trading in our Forex Exchanges is sending small fishes to be devoured. I know that sooner or later, it would dawn on them.”

Economist B: “They are not that bright. We already drained 1 trillion USD of their Reserve.”

Economist A: “If they embark on their one-belt, one-road initiative and use their spare production capacity well, their GDP will continue to grow. They may really surpass us. We no long have the currency atomic weapon against them. They are not like the USSR nor the Asian Tigers.”

Economist C: “Start wars in their region. Get South Korea to fight North Korea. Get Japan to go to war with China. Raise the South China Sea Dispute issues. Get Vietnam or Indonesia to attack China. Get Taiwan to declare independence. China will use force. We can then justify nuclear wiping out China.”

Economist D: “What would Russia do? They have the potential to wipe us out as well.”

Economist B: “President Trump is friendly with Russia. We should have let him keep his soviet-sympathy advisors.”

Economist E: “Starting Nuclear War is no good to anybody. China have been acting as our willing slaves. We place orders and they work feverishly to fulfill them. All we need to do is print more thin-air dollars. Why can’t we continue the same path?”

Economist A: “The Chinese are very cunning. They learned the production techniques, the management and marketing. Now they even learned the financial war weapons. They focused on technology, technology and technology. They copied and improved. We thought that they were stupid to cut-throat to get our orders; accepted our thin-air dollars; and played according to our rules. We stupidly let our manufacturers out-source to take advantage of the low labor cost. They leaked the technology including the i-phones.”

Economist B: “Let us think of another Economic War Weapon. We are still the big fish (crocodiles or sharks). We still have military superiority. We can get Hong Kong to imprison their top financial brains. We can get the Hong Kong Newspapers and their Legislators to disrupt their progress. We can use our propaganda machines and our Internet hackers to develop another Economic War Weapon.”

Economist C: “We must prevent the Chinese Students from attending our top Universities and learning our secrets. Building a wall to prevent Mexicans from coming is not as important as preventing the Chinese from learning our technology and our strategic secrets. Anyone agree?”

All raised their hands.
 
 



   

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #946 on: March 16, 2017, 12:50:51 AM »

 An imagined meeting in Singapore

Economist A: “It looks like China is going to Forex Trade via their own Forex Exchange. How would that affect us?”

Economist B: “We have been doing that years ago. Our Government does not worry about the crocodiles or sharks. When we trade via our own Forex Exchange, we can effectively control the USD/SGD rates. We deliberately allow Market Forces to give it some volatility. Thus the USD/SGD pair is one of most traded.”

Economist C: “China trades via us at some time in the day as we are in almost the same time zone. Losing that business will not have a major impact.”

Economist D: “If China allows and regulates Forex Trading within China, the Daily Forex Trading Volume is likely to increase to beyond 7 Trillion. That will help the entire Forex Industry.”

Economist A: “China is likely to invite some of us to Beijing to discuss this issue. They want to learn from our experience. Who would like to go?”

All Raised their hands.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #947 on: March 16, 2017, 01:14:03 AM »

 An imagined meeting in Hong Kong

Economist A: “It looks like China is going to Forex Trade via their own Forex Exchange. How would that affect us?”

Economist B: “Hong Kong is an Open Economy. The Philosophy taught by the British was that the Government should not mess around with businesses. Hong Kong Government will never trade Forex. ”

Economist C: “Hong Kong Government intervened heavily in the stock and currency markets in 1998.”

Economist B: “That was a special case. Even George Soros admitted that was a right move. Otherwise, Hong Kong would have suffered heavily similar to the other Asian Countries.”

Economist D: “We put the two guys most responsible in fighting the crocodiles behind bars. Some commented that it was a plot by the West. Chinese history had many cases to show that Emperors were tricked to persecute their most competent Officials.”

Economist E: “The judiciary system in Hong Kong is dominated by British Judges. Some newspapers are known to be funded and thus influenced by the West. I am not surprised as the British are notorious for their cunningness.”

Economist A: “Who will stand up for the two jailed Officials?”

Nobody raised their hands.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #948 on: March 17, 2017, 12:09:28 AM »
https://www.youtube.com/watch?v=KIqSyVAg6Vc&t=2304s

One-belt, one-road is the new globalization from China. It is not the Western Way of building ones happiness on the suffering of others. It is respect for each other. Let every Nation examine the various ways and chose the best way for them.

Every Nation must examine the present rules. Every Nation should listen to the "wisdom" from other Nations. The Internet is a good place to get information but the information must be carefully analyzed.

China's philosophy is "to cross the river by feeling the stones". China now have the confidence that it is on the right path.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #949 on: March 20, 2017, 08:34:46 AM »

Future of Hong Kong

The recent land auctions in Hong Kong elevated Hong Kong to the most expensive place in the World in terms of property (dollar per square foot). The chance of an average wage earner hoping to save enough to own his home is getting less and less. What does that mean for the future of Hong Kong?

Senior A: “It is not my problem. I am retired and live in relative comfort at Tanner Hill. I plan to die in this comfortable estate. Let my children and grandchildren take care of themselves. I have given them the best education.”

Senior B: “Your children are all living aboard. That is why you are lonely at Tanner Hill. They only come to visit you once a year. Mine are the same.”

Senior C: “Most upper income earners like us do not worry about the economy of Hong Kong. I rented out my own apartment. The rent easily cover the rent at Tanner Hill and my daily expenses. I still have income from stocks, bonds and rental property. My lawyer and management agents take care of all necessary fees, taxes and maintenance. My children are in the financial services. They all have foreign passports and properties aboard. Hong Kong is still the best place to make money for the highly educated and connected.”

Senior A: “Will that last until our passing away? According to statistics, I still have 15 more years.”

Tseung: “We can spend our time speculating what might happen to Hong Kong. Anyone care to fire the first shot?”

Senior C: “Hong Kong should focus on financial services. Hong Kong can raise more money than New York or London as the Chinese Economy further expands. The fees in bring a Company onto the Stock Market is in Billions of Hong Kong Dollars.”

Senior B: “Hong Kong is a legitimate tax heaven. It is one of the money laundry Cities – not just Chinese money but worldwide. Such transactions are not in Official Records but the number must be in trillions of Hong Kong Dollars per year.”

Tseung: “If Hong Kong takes on the Forex trading to help China, the daily forex transaction volume will increase tremendously. Macau is the gambling center of the World. Hong Kong can be the Forex Casi*o center of the World.”

Senior A: “Let us continue with our game of Bridge.”

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #950 on: March 20, 2017, 05:45:22 PM »

Competing to get poor Nations Developed.

How to overcome the "cut throat" strategy thought out by the West?

In reply 935
***
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.
***


ltseung888

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Re: Ufo propu engine, closed loop
« Reply #951 on: March 20, 2017, 06:08:18 PM »

Extracted from Innovate.doc at:
http://www.overunityresearch.com/index.php?topic=2100.0

Blueprint for the Economic Development of China in the 21st Century

Introduction

The goal of this article is to provide a concrete plan for Chinese economic engineers to guide the country into the 21st century.  In this vein, we are approaching the topic from the point of view of an economic architect, and will first discuss broad concepts and visions and then outline the necessary steps for implementation.


The broad concepts are somewhat controversial.  They include:
 
1.  We must replace Win-Lose solutions with Win-Win solutions.  China cannot possibly following the doctrine of "Survival of the Fittest" which worked for the West.  China must learn from the Asian Financial Crisis and drop the Win-Lose financial solutions of options, derivative and currency futures.  Otherwise years of hard work and sacrifice could be wiped out within weeks.


2. Money is only a number in some Trusted Financial Institutions.  It can change from positive to negative valuation without any wrongdoing by the individual. We must view Modern Wealth as the Quality and Quantity of Meaningful Economic Activities. 


3. A Country such as China must increase its own money supply.  It cannot just earn it.   An individual or a small city-state such as Singapore or Hong  Kong can accumulate its wealth by the simple process of earning more and spending less.  A big country such as China cannot do that. A very modest goal of 50,000 yuan in savings per person translates to 50 trillion yuan or US $6 trillion.  Raising such money by simply exporting more than China imports would create an inconceivably huge trade imbalance.   
 

The implementation steps are very powerful and they can be carried out simultaneously.  If they are carried out properly, then China will become the wealthiest country in the world..... 


***
We can help to develop a similar blueprint for almost any Nation.
***

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #952 on: March 20, 2017, 06:38:38 PM »


Competing to get poor Nations Developed.

How to overcome the "cut throat" strategy thought out by the West?

In reply 935
***
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.
***


China must expand the relationship selling technique into a science.   In relationship selling, Chinese merchants would not always seek to buy low and sell high.  If a product from another part of China is not the best in the world, an effort will always be made to turn it into the best.  The merchants are encouraged to use the best entrepreneur support system in the world in this process.  No worthwhile projects or improvements will ever suffer due to a lack of capital, information or talent.



China must use Mutual Credit or Trade Balance Agreements with other cities or countries.  This powerful mechanism will enable China and other Asian countries to "spend their way out" of the present recession.(Asian financial crisis in 1997)  At the same time, it will prevent currency speculator attacks. This mechanism can be applied between cities within China.  It can also be applied between China and other countries including Japan and US. A US $2 billion Mutual Credit Agreement between Hong Kong and Shanghai can generate 100,000 jobs for Hong Kong and over 600,000 jobs for Shanghai.
 

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #953 on: March 21, 2017, 04:40:58 AM »

the best entrepreneur support system in the world.  No worthwhile projects or improvements will ever suffer due to a lack of capital, information or talent.


The best entrepreneur support system includes:


1. Public Investors - any citizen can apply and go through a competition process. The winners will be given a certain sum to invest on behalf of the Nation. If they are successful, they can repay the sum and keep the profits. If they lose, the experience will be documented for all to learn.


2. Professional Supporters - Lawyers, Accountants, engineers, other successful entrepreneurs can help and get "founder shares".


3. Government backing - a certain amount of thin-air money is allocated to "entrepreneur projects". Government owns a portion of the founder shares.  Some will be awarded to the overseeing or supporting officials.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #954 on: March 21, 2017, 02:09:23 PM »

Can an old man contribute?


Solving the Forex Problem stopped the drain on the Foreign Currency Reserve. That prevented a further drain (already drained 1 trillion USD). Is that a significant contribution?

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #955 on: March 21, 2017, 07:26:46 PM »

 

 China must expand the relationship selling technique into a science.   In relationship selling, Chinese merchants would not always seek to buy low and sell high.  If a product from another part of China is not the best in the world, an effort will always be made to turn it into the best.  The merchants are encouraged to use the best entrepreneur support system in the world in this process.  No worthwhile projects or improvements will ever suffer due to a lack of capital, information or talent.
 
 

Let us try to understand this relationship selling technique more. It is a way to combat the “cut throat” war game introduced by the West. The cut throat strategyh is to get many producers to compete so that the price will be kept low. Since the profit margin is kept low, many producers will try to keep costs  down – even to the point of immoral practices. An example is the Brazil Meat Industry.

In relationship selling, two entities will enter into trade agreements. The goal is to stimulate the economy of both entities to achieve win-win. For example, Ethiopia would like to have food security but it does not have the modern agricultural setup yet. China has the agricultural machinery and knowhow but no land. A win-win solution may be for China to set up model farms in special economic zones of Ethiopia. The produce from the model farms can be exported to China at a price above the World Market Price.

Ethiopia allows Chinese Citizens to invest in property, hotels, tourist attraction spots etc. in the special economic zones. (The long term Infrastructure projects will be in the rim of the Chinese Government.) Ethiopia acquires and learns the modern agricultural techniques and achieves food security quickly. China has a place to show off its technical and investment capability. China will also have additional food security.

Since price is not the main issue, the agricultural products will then focus on quality. One goal is make the products the best in the World (including the Chinese investments in properties etc.) It will be a win-win. The mutual respect and friendship between China and Ethiopia will increase. Other Nations will be inspired and the World will be a safer place. Win-Win.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #956 on: March 21, 2017, 07:52:10 PM »



China must expand the relationship selling technique into a science.   In relationship selling, Chinese merchants would not always seek to buy low and sell high.  If a product from another part of China is not the best in the world, an effort will always be made to turn it into the best.  The merchants are encouraged to use the best entrepreneur support system in the world in this process.  No worthwhile projects or improvements will ever suffer due to a lack of capital, information or talent.



We can also treat relationship selling as going to restaurants. When basic food security is achieved, there is no need to compete on price. Different restaurants can have their special favors. Quality, comfort and atmosphere will enter into the equation. Citizens will see it as increase in the quality of life. The "cut throat" war weapon will lose its edge.


Will Citizens be willing to pay more. My experience in Hong Kong is YES. I normally go for HK$40 meals but occasionally, I go with friends to meals costing HK$500 and up. I enjoy the meal and company. There is no point in bringing the thin-air money to the grave!

ltseung888

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Re: Ufo propu engine, closed
« Reply #957 on: March 21, 2017, 08:09:33 PM »

1.  We must replace Win-Lose solutions with Win-Win solutions.  China cannot possibly following the doctrine of "Survival of the Fittest" which worked for the West.  China must learn from the Asian Financial Crisis and drop the Win-Lose financial solutions of options, derivative and currency futures.  Otherwise years of hard work and sacrifice could be wiped out within weeks.

***
Now I understand the workings of options, derivative and Forex more, my views have changed. When Citizens have spare thin-air money, they look for avenues to invest. The numbers game is one option. (So long as the Government is in final control. Market Forces or Crocodiles cannot disrupt the economy. I learned that Government supported Hedge Funds are necessary to prevent market excesses. The 1929 Stock Market collapse and Depression did not occur again because of such Hedge Funds.)

I still believe in Infrastructure development even if there were no short-term returns. If the development is in a different Nation with all the political risks, I would still support it. Thin-air money and use of spare capacity to help other Nations rich is worthwhile.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #958 on: March 22, 2017, 12:35:27 AM »


China must expand the relationship selling technique into a science.   In relationship selling, Chinese merchants would not always seek to buy low and sell high.  If a product from another part of China is not the best in the world, an effort will always be made to turn it into the best.  The merchants are encouraged to use the best entrepreneur support system in the world in this process.  No worthwhile projects or improvements will ever suffer due to a lack of capital, information or talent.

 

One more thing about relationship selling.
 
Both sides will try to showcase the best for themselves and for other Nations. I still remember the days of the 286 PC. Many Westerners advised China to buy the outdated PC at a low price. I advocated to use the best technology whenever possible. I learned that from the textile industry in Hong Kong after the Second World War. Some owners bought the second-hand machines. Some bought the latest and best. The initial capital layout for the first group was much lower. But the machines kept breaking down. The productivity was much lower.

For example, in developing the special economic zone, the correct way is to think of the best futuristic city for the Nation. Money can be created from thin-air. It is technology, technology and technology. The planners should think about the best transport systems; the best shopping setup; the best homes; the best appliances; the best entertainment and sports facilities etc. Just imagine the special economic zone have struck oil and money is not a problem. Use the latest green energy concepts. Use the best house assembly techniques. Invite the best Universities to come up with the most innovative designs.

The modern Model Farm is not only a farm. It is the showcase of the coming future. Both parties will feel proud to have the opportunity to show what they can jointly do. Do not leave it to private enterprises and the profit motive. Learn the State Capitalism from Singapore. Learn the Chinese Infrastructure Building Speed. Learn the best from any part of the World. Win-win.
 

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #959 on: March 22, 2017, 09:03:00 PM »
One encouraging comment to Seniors

"In the Chinese proverb - a clever man will have one bad idea amongst his one thousand good ones; a stupid man will have one good idea amongst his one thousand bad ones. It is a matter for the society to pick up the good ideas."

"The idea of China trading through its own Forex Exchange to be the Market Force to determine the RMB Exchange Rate is good. Will it be implemented?"

"Will it be dismissed as an idea from some stupid, old men who believed in UFOs and thus not worth considering?"