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Author Topic: Ufo propu engine, closed loop  (Read 472229 times)

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #960 on: March 22, 2017, 09:38:29 PM »

 An imagined meeting in Beijing on Relationship Selling and Mutual Credits

Economist A: “We are going to discuss Relationship Selling and Mutual Credits today. Both are related to trade agreements between two parties. In Relationship Selling, price is not the most important issue. The most important issue is to build relationships. The relationship should aim for producing high quality products with the best technology.”

Economist B: “We have to change our way of thinking. We have been educated to seek the cheapest product with the best quality. We do not care about who is the manufacturer. Now we have to add the element of knowing and helping the other party.”

Economist C: “We now have to treat a trading partner as a relative. When I buy or sell goods to a relative, price is not the main issue. Relationship is more important. If the other side is poorer, I do not mind paying more and advising him on how to improve the product. If the other side is richer, I shall focus on the additional meaningful economic activities that we can both generate.”

Economist D: “Does that have conflict with WTO?”

Economist A: “WTO is Multi-lateral Agreement amongst many parties. The issues are much more complex and agreements are much more difficult to reach than bilateral agreements.”

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #961 on: March 22, 2017, 09:56:58 PM »

 Economist A: “If we add Mutual Credits to Relationship Selling, we have a very powerful combination. A richer Nation A has the currency of Nation B to use to spend on special projects in special economic zones. Nation A can showcase its development model on the soils of Nation B and give the investors in Nation A a chance to expand to Nation B. Nation B can immediately purchase goods and services from Nation A without incurring any debt. The meaningful economic activities will increase greatly for both Nations.”

Economist B: “It will take the Economists and Politicians from both Nations time to digest such a new concept. There will be attacks and distortion reportings from third party Nations. Some working examples need to be established first.”

Economist C: “China can quietly build such working examples with friendly Nations such as Pakistan or Ethiopia.”

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #962 on: March 23, 2017, 02:01:58 AM »

A real Relationship Selling example.

I participated in a government subsidized birthday party for Seniors. It was held in a Hotel with an all you can eat buffet. I paid HK$270. The normal cost of the buffet was HK$275. I received standard birthday gift worth HK$250. There was also ruffle prizes. Everyone won something. Mine was drinks worth HK50. The lady sitting next to me got cookies worth HK100. The top prize was an apple iPhone worth over HK$7,000.

Normally, a Senior would not go to a buffet as he could not eat too much. But this was fun and enjoyable. The cost of HK$270 bought meal and gifts worth more than HK$570. We also enjoyed the Company and the atmosphere.

The Chinese Government is doing something similar. The seniors got to ride on public transport FREE. They received meals and gifts in the many festivals. Such contributed to the consumer economy. It was better than giving money to these seniors. (Most of them would save the money.)

Can China reach its goal of moving to a consumer based economy? With Government or Government supported organizations spending on the consumers' behalf, this should not be a problem. Advantage of State Capitalism?

Relationship selling - seniors happy; Hotel happy; gift shops happy; thin-air money bought happiness... Who cares about ROI (Return On Investment)? Who cares about one man one vote?

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #963 on: March 23, 2017, 08:02:26 AM »
Comment:

Government or Government supported agency spending on behalf of some groups of citizens.

In Hong Kong, housing is the most expensive in the World. However, some people are living in old, decaying apartments that are badly in need of repairs or demolishing. These are private housing where the owners wait for some developers to buy the building to redevelop. However, some owners want to wait for a higher price or wait for the Government to compensate them to move out.

In such situations, should Government "spend" on their behalf to improve their standard of living? Should Government move them into much better housing and pay them extra cash?

In China, some village hotels are being built with high standards of comfort. The goal is to show the villagers what is modern comfort. These hotels may be turned to homes for the villagers later. It is a case of Government spending on behalf of the Citizens. Increasing consumer spending is not a problem in State Capitalism. China will not be poor again with modern knowledge and technology - just do not have too many babies!

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #964 on: March 23, 2017, 08:34:14 AM »

 China has a new slogan: Houses are for living and NOT for speculation.

In some cities, non-residents are not allowed to buy property. In some cities, citizens are not allowed to buy more than two pieces of property. These new policies aim to stop property speculation. However, some avenues must be developed for the increasingly wealthy citizens to invest.

This is a hot topic in China. One suggestion is to have investment funds targeted towards the short term projects within the one-belt-one-road initiative. Another suggestion is to allow Forex and other derivative trading. In both cases, Government is in effective control. Government will manage the bilateral or mutual credit arrangements. Government will set up or support the hedge funds to smooth out market fluctuations. Government will be regulating or even acts as casi*o owner in Forex and derivative trading.

It is a good problem. China, with its much larger and better educated population, will undoubtedly develop to be the largest economy in the World. With political stability and clear vision, the Chinese Citizens will master the financial concepts and tools in addition to technology, technology and technology.

Seniors can help when their brains are still functional. Retiring at 60 and still contributing…

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #965 on: March 23, 2017, 10:28:35 PM »

 Relationship Selling in actual operation
 
Brazil is undergoing a crisis of confidence in its meat industry. Most Nations will suspend or ban the import of Brazilian meat products until the matter is resolved. Most Nations will seek alternative supplies.
 
In relationship selling, China would take a different path. The goal is to build relationships and help each other to product the best products. China would approach Brazil and offer the best monitoring equipment, methods and team. The results may be published on the Internet. Price is not the main issue. Relationship is.
 
If the cause of matter is the need to be the lowest cost producer, use Mutual Credits to help. Raise the price to produce a decent profit. Improve the product so that it will become the best in the World. Do not lower the quality because of the need to cut costs. Do not over do it.
 
The Chinese Consumers may have to pay a higher price for Brazilian Meat but they can be assured of good quality. Thin-air money can be produced by both Governments. Both Governments can subsidize so that the price is still reasonable. China has to change win-lose rules to win-win rules. State Capitalism...


Overcome the "cut throat" economic war weapon introduced by USA. (I was one of the participants to discuss it in the 1980s.)

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #966 on: March 23, 2017, 10:50:38 PM »

Relationship Selling in actual operation
 
Brazil is undergoing a crisis of confidence in its meat industry. Most Nations will suspend or ban the import of Brazilian meat products until the matter is resolved. Most Nations will seek alternative supplies.
 
In relationship selling, China would take a different path. The goal is to build relationships and help each other to product the best products. China would approach Brazil and offer the best monitoring equipment, methods and team. The results may be published on the Internet. Price is not the main issue. Relationship is.
 
If the cause of matter is the need to be the lowest cost producer, use Mutual Credits to help. Raise the price to produce a decent profit. Improve the product so that it will become the best in the World. Do not lower the quality because of the need to cut costs. Do not over do it.
 
The Chinese Consumers may have to pay a higher price for Brazilian Meat but they can be assured of good quality. Thin-air money can be produced by both Governments. Both Governments can subsidize so that the price is still reasonable. China has to change win-lose rules to win-win rules. State Capitalism...


Overcome the "cut throat" economic war weapon introduced by USA. (I was one of the participants to discuss it in the 1980s.)


Brilliant. With increasing wealth, the Chinese Consumers will demand more meat products. Helping Brazil is effectively helping China. Win-win.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #967 on: March 23, 2017, 10:59:09 PM »


Brilliant. With increasing wealth, the Chinese Consumers will demand more meat products. Helping Brazil is effectively helping China. Win-win.


China can do something similar for oil with Saudi Arabia. Is Saudi Arabia trying to reduce its dependence on oil? Can Infrastructure building in Saudi Arabia or along the one-belt-one-road help?


China will have good relationships with almost every Nation. When the Economy becomes number one, the relationship with other Nations should also be number one. Win-win.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #968 on: March 25, 2017, 12:12:46 AM »

An imagined Meeting in Beijing.


Economist A: "The Official policy for property is now - houses are for living and not for speculation. Where should the Chinese Citizens invest now?"


Economist B: "Short term projects that can raise the standard of living for poorer citizens of China and the rest of the World."
 

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #969 on: March 25, 2017, 12:20:02 AM »
Hong Kong as of yesterday is an official member of the Asia Infrastructure Investment Bank (AIIB).

What does it mean for Hong Kong and the rest of the World?

Economist A: "We can divide the Investment in Developing Nations into two types. One is the long term infrastructure projects requiring billions. Examples are dams, airports, high speed rail, mass transit for cities, seaports, universities, hospitals etc. These projects are not likely to make profits in the short term or may never make a profit. Thus they are not “suitable for private enterprises. The other type is the short term infrastructure projects requiring millions and may show a good Return on Investment (ROI) in a couple of years. Examples are hotels in special economic zones, tourist resorts and attractions, expansion of restaurant chains, retail chains, Internet Commerce, etc.  Hong Kong can help to raise money on these short term projects.”

Economist B: “China is discouraging property speculation. It must find avenues for its increasingly wealthy citizens to invest. Short term projects within China and within the one-belt-one-road initiative are ideal. Many investment funds or Companies targeted at such projects can be set up. It is a win-win for the entire world.”

Economist C: “The long term Investment projects can be done via Bilateral Agreements. For example Indonesia is trying develop high speed rail systems from both China and Japan. It does not mind having two different systems. Money can come from AIIB or via Mutual Credits.”

Economist D: “Special Economic Zones or Cities along the high speed rails are likely to benefit from short term investments. Hong Kong can easily raise trillions of USD for such projects if properly managed.”

Economist B: “Other members of AIIB will also benefit as they can review the plans and participate in whatever way appropriate. It is a win-win for the World. AIIB can pool the many thin-air money from its member Nations to good use.”

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #970 on: March 25, 2017, 12:34:22 AM »

Comment:


China does not worry about Hedge Fund attacks on its currency now. China can find a way to invest the thin-air money from its citizens and from citizens of various nations to benefit the World.


China is replacing the win-lose rules with win-win rules. What will that mean to IMF and World Bank?

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #971 on: March 25, 2017, 12:39:25 AM »

Comment:


The West managed to lock up the two top financial brains who fought the crocodiles in the Asian Financial Crisis. Has Hong Kong got any more brilliant financial brains? What will the West or Crocodiles do to them?

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #972 on: March 25, 2017, 11:18:26 PM »

Comment:

China does not worry about Hedge Fund attacks on its currency now. China can find a way to invest the thin-air money from its citizens and from citizens of various nations to benefit the World.

China is replacing the win-lose rules with win-win rules. What will that mean to IMF and World Bank?


Better understanding of Forex.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #973 on: March 29, 2017, 11:35:46 PM »
Warnings of falling into 'middle-income trap' look increasingly ominous for China?

Economist A: "When the basic needs of food, shelter, education, entertainment are met, there will be a tendency to relax. Citizens lose their zeal to earn more money. That is the basic cause of the middle-income trap."

Economist B: "In China, there is still a large income gap between the rich and poor. Almost all the rich gained their wealth within the last 30 years. This gives incentive for the poor. Many feel that they can also do it. The zeal to become rich has not diminished."

Economist C: "It is the investment opportunity. Houses are for living and not for speculation. That avenue is being reduced. The Stock Market is in its infancy. There were large ups and downs. The Chinese Government now realized the importance of having Hedge Funds to smooth out large fluctuations."

Economist B: "There should be many Investment Funds targeting the short term projects in the one-belt-one-road initiative. China should build some success examples with State Funding and Direction first."

Economist C: "Develop in a few Special Economic Zones: Hotels, Shopping Centers, Restaurants from International Chains, Casinos for Tourists etc."

Economist A: "Use the Singapore model. Locals will have to pay an entrance fee. Gambling will be restricted to wealthy tourists or residents. If a developing Nation allows that, many investors will come. The Special Economic Zone will boom in no time."

Economist B: "If the remote monitoring capabilities are well developed, the Chinese Citizens will be eager to invest in such Funds. If making money is easy, the middle-income trap will be overcome - just like Singapore."

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #974 on: March 29, 2017, 11:56:09 PM »

Winning the Economic War


If the outcome of the Economic War is to get all Nations developed...