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Author Topic: Ufo propu engine, closed loop  (Read 472247 times)

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #975 on: March 30, 2017, 01:47:10 PM »


Winning the Economic War

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

Last Slide on the Basic Philosophy Difference


The West:

1. Got Rich via technology and robbing the resources of others.
2. Keep them poor so that they cannot rob us back.


The East:

1. Suffered due to weak technology.
2. Learn, improve and accept low pay for now.
3. Trying to rob the West back is suicide in the Nuclear age.
4. Go on the path of win-win.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #976 on: March 30, 2017, 02:22:28 PM »

Last Slide on the Basic Philosophy Difference


The West:

1. Got Rich via technology and robbing the resources of others.
2. Keep them poor so that they cannot rob us back.


The East:

1. Suffered due to weak technology.
2. Learn, improve and accept low pay for now.
3. Trying to rob the West back is suicide in the Nuclear age.
4. Go on the path of win-win.

Comment:

Tseung, that is not fair. USA helped Japan, South Korea, Taiwan, Singapore, Hong Kong, Malaysia etc. to become wealthy by running a deficit. USA placed orders for the goods of these Nations. In a similar way, USA helped China.

In the rise of China, USA was the Nation buying many Chinese Products. USA helped in the Car Industry. At one time, Caterpillar was the main supplier of construction equipment.

The West also seek win-win. But it also wants security. In International politics, every Nation uses their best brains. Hong Kong is stupid to imprison its two top financial brains. It is the stupidity of the Hong Kong System and the ignorance of the Hong Kong Citizens. Any outsider can see that the Legal System is faulty but the Hong Kong Citizens are still brainwashed to think that the System is superior.

If the East remains stupid, don't blame anyone else. The top Western Universities trained many Easterners. They are exposed to the same professors and same academic environment. When will they ever learn?

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #977 on: March 30, 2017, 03:12:53 PM »

Comment:


In stupid democracy, the opposition party will try to drag down the economy and blame it on the Ruling Government. In this way, they have a chance to rise to power. They also try to imprison the former Presidents, Chief Executives etc. It is happening in Taiwan, Hong Kong, South Korea...


When will they go for Super Democracy? When will they ever learn?

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #978 on: March 31, 2017, 10:26:40 AM »
 Casual Conversation at Tanner Hill
 
Senior A: “The new Chief Executive of Hong Kong will be a woman. We have to respect women now. They are not just housewives taking care of babies.”
 
Senior B: “We have to respect anyone with a brain. Age and gender are no longer that important. President Trump is also a senior like us.”
 
Senior C: “Many Business tycoons in Hong Kong and elsewhere are still in charge of financial empires worth billions of Hong Kong Dollars.”
 
Tseung: “We can still contribute. We can point out that China does not need to waste trillions of USDs to maintain the RMB Exchange Rate. We can suggest competition between two camps to help poor Nations develop. We can suggest win-win.”
 
Senior A: “The good thing about us is that we are above the rat race. We do not need to worry about mortgage payments, education expenses for our children, daily expenses etc. We do not need to please Bosses or those rich and powerful. We are the detached observers.”
 
 Senior B: “We should let Society know that many of us can still be great contributors. We are not burdens to Society. We cannot lift heavy weights; we may not have great eyesight, good hearing or fast reactions but we still can think. We can still objectively tell right and wrong.”

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #979 on: March 31, 2017, 03:53:31 PM »

ADS Securities Hong Kong


The Company will have a seminar on FORX trading tomorrow. The number of registered participants exceeded 700. It looks like Hong Kong Citizens are getting interested in FOREX.


A number of us are going. Shall discuss further.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #980 on: April 01, 2017, 01:23:45 PM »

ADS Securities Hong Kong

The Company will have a seminar on FORX trading tomorrow. The number of registered participants exceeded 700. It looks like Hong Kong Citizens are getting interested in FOREX.

A number of us are going. Shall discuss further.


Over 700 people showed up. Many have never traded in Forex. The talk was very elementary. The highlight was a PhD who turned 200K to 5.75m in 14 months. He had a certified accounting statement. He discussed some of his techniques.


His main technique was gain more than loss. He had indicators alerting him 24 hours a day. If his guesses were correct, he allowed them to ride. If his guesses were wrong, he took losses early. His guess-right percentage was around 70%. He did both day trade and stretched over a few days.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #981 on: April 01, 2017, 10:20:10 PM »
Concept of Sure-win Businesses
 
If we define a sure-win business as – putting X dollars in and getting more than X dollars out, we can have many sure-win businesses. The main reason behind is the ability of Governments to create thin-air money. If a Government backs up a business and injects thin-air money in, the money out can easily be more than the X dollars the businessman puts in.
 
For example, in building Infrastructures, the Government selects Company A to build a Road. The Government pays all costs related to the construction of the Road. Company A focuses only on the building of the Road. Company A does not worry about whether the Road will generate income. Company A receives the thin-air money so long as it does a good job.
 
The Government knows that it has to increase the money supply for its Citizens to get wealthier. However, it wants its Citizens to generate Meaningful Economic Activities. Meaningful Economic Activities include many different types - especially those that provide more comfort, security and enjoyment. Good Infrastructure Projects definitely qualify as Meaningful Economic Activities.
 
For example, China and Pakistan together build a Road and a High Speed Rail to link a Seaport between the two Nations. That easily qualifies as a Meaningful Economic Activity.  A Mutual Credit or Bilateral Arrangement can be set up to pump Y dollars into such a project. Some of the Y dollars can be from China and the rest can be from Pakistan. Both Nations can print thin-air money to do so. No debt needs to be imposed on either Nation. Many Companies, A, B, C will be involved in the project and receive the Y dollars. These A, B, C Companies are effectively involved in sure-win businesses. They may have to put in X dollars to do the initial study and bidding. But they can easily get much more than X dollars if they are successful.
 
We shall think and expand more on such sure-win businesses. The World will be more prosperous and more peaceful with such sure-win businesses…

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #982 on: April 02, 2017, 01:25:26 AM »

Concept of Sure-win Businesses
 
 If we define a sure-win business as – putting X dollars in and getting more than X dollars out, we can have many sure-win businesses. The main reason behind is the ability of Governments to create thin-air money. If a Government backs up a business and injects thin-air money in, the money out can easily be more than the X dollars the businessman puts in.
 
 For example, in building Infrastructures, the Government selects Company A to build a Road. The Government pays all costs related to the construction of the Road. Company A focuses only on the building of the Road. Company A does not worry about whether the Road will generate income. Company A receives the thin-air money so long as it does a good job.
 
 The Government knows that it has to increase the money supply for its Citizens to get wealthier. However, it wants its Citizens to generate Meaningful Economic Activities. Meaningful Economic Activities include many different types - especially those that provide more comfort, security and enjoyment. Good Infrastructure Projects definitely qualify as Meaningful Economic Activities.
 
 For example, China and Pakistan together build a Road and a High Speed Rail to link a Seaport between the two Nations. That easily qualifies as a Meaningful Economic Activity.  A Mutual Credit or Bilateral Arrangement can be set up to pump Y dollars into such a project. Some of the Y dollars can be from China and the rest can be from Pakistan. Both Nations can print thin-air money to do so. No debt needs to be imposed on either Nation. Many Companies, A, B, C will be involved in the project and receive the Y dollars. These A, B, C Companies are effectively involved in sure-win businesses. They may have to put in X dollars to do the initial study and bidding. But they can easily get much more than X dollars if they are successful.You
 
 We shall think and expand more on such sure-win businesses. The World will be more prosperous and more peaceful with such sure-win businesses…
 
Imagined meeting between Pakistan and UK

UK Representative: "You are asking us to build a Road and a High Speed Rail to link your Seaport to China. How would you pay?"

Pakistan Representative: "We can go for a Mutual Credit Arrangement. You give us X pounds and I give you the equivalent in Rupees. I can then pay the U.K. Companies participating in the project in Pounds. You have plenty of Rupees to invest in Hotels, Shopping Malls, and Restaurant Chains in a Special Economic Zone along the route.”

UK Representative: “Why don’t you go to IMF, borrow the money. Then pay us for the project.”

Pakistan Representative: “IMF said that we have to generate income from the Road and High Speed Rail to repay. If not, we have to come up with other means to repay. We shall be in debt for many years.”

UK Representative: “That is the Rule of the Game.”

Pakistan Representative: “We have to turn to China to play in their new win-win game.”
 

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #983 on: April 02, 2017, 02:01:12 AM »

Imagined meeting between Pakistan and UK

UK Representative: "You are asking us to build a Road and a High Speed Rail to link your Seaport to China. How would you pay?"

Pakistan Representative: "We can go for a Mutual Credit Arrangement. You give us X pounds and I give you the equivalent in Rupees. I can then pay the U.K. Companies participating in the project in Pounds. You have plenty of Rupees to invest in Hotels, Shopping Malls, and Restaurant Chains in a Special Economic Zone along the route.”

UK Representative: “Why don’t you go to IMF, borrow the money. Then pay us for the project.”

Pakistan Representative: “IMF said that we have to generate income from the Road and High Speed Rail to repay. If not, we have to come up with other means to repay. We shall be in debt for many years.”

UK Representative: “That is the Rule of the Game.”

Pakistan Representative: “We have to turn to China to play in their new win-win game.”


Imagined Meeting between Pakistan and Asia Infrastructure Investment Bank


AIIB Representative: "You are proposing to build a Road and a High Speed Rail to link your seaport with China. How much will you need?"


Pakistan Representative: "We need X USD."


AIIB Representative: "Many of our Members would like to participate in your Infrastructure Projects. If we loan the money to you, you will have to open the Project to our members."


Pakistan Representative: "That is fine. We actually hope for International Competition for the Project."


AIIB Representative: "How would you repay us?"


Pakistan Representative: "We want to enter a Mutual Credit Arrangement with China. They will give us RMB. We can then pay you in RMB. Will you accept RMB?"


AIIB Representative: "Sure. China is a major stakeholder in our Bank. But why do you come to us if you can get the money from China?"


Pakistan Representative: "China wants the Project to have International Acceptance and Participation. They also want AIIB to be an alternative to IMF and World Bank."


AIIB Representative: "We shall consider your application. We may do a joint funding with other Banks. (Chinese Banks are likely to participate.)"

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #984 on: April 02, 2017, 03:33:11 AM »

 

 Imagined Meeting between Pakistan and Asia Infrastructure Investment Bank
 
 AIIB Representative: "You are proposing to build a Road and a High Speed Rail to link your seaport with China. How much will you need?"
 
 Pakistan Representative: "We need X USD."
 
 AIIB Representative: "Many of our Members would like to participate in your Infrastructure Projects. If we loan the money to you, you will have to open the Project to our members."
 
 Pakistan Representative: "That is fine. We actually hope for International Competition for the Project."
 
 AIIB Representative: "How would you repay us?"
 
 Pakistan Representative: "We want to enter a Mutual Credit Arrangement with China. They will give us RMB. We can then pay you in RMB. Will you accept RMB?"
 
 AIIB Representative: "Sure. China is a major stakeholder in our Bank. But why do you come to us if you can get the money from China?"
 
 Pakistan Representative: "China wants the Project to have International Acceptance and Participation. They also want AIIB to be an alternative to IMF and World Bank."
 
 AIIB Representative: "We shall consider your application. We may do a joint funding with other Banks. (Chinese Banks are likely to participate.)"
 
Imagined Meeting at AIIB

AIIB representative: “We have received the Application from Pakistan. They would like to build a Road and a High Speed Rail linking China to their seaport. Please comments.”

Nation A: “It is within our charter. However, my Nation is more interested in investing in their Special Economic Zones. We have experience in building Hotels, Tourist Attractions, Restaurant and Retail Chains. We do not mind treating that as a side project. We accept USD, RMB and Rupee.”

Nation B: “We are interested in Food Factories such as ice cream, milk, soya milk, soft drinks etc. We do not mind setting up processing plants in the Special Development Zones.”


Nation C: "We can be sub-contractor on cement and other materials. We can also supply some skilled labor or management as we have built many roads."

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #985 on: April 02, 2017, 12:07:28 PM »
 Imagined Meeting in Beijing
 
Economist A: “Now that China is Forex Trading via its own Exchanges, there is no need to worry about attacks on RMB by the crocodiles. What is the next step?”
 
Economist B: “Let all friendly Nations know that they can do the same. Every Nation can theoretically manage the exchange rate of their currency.”
 
Economist C: “Will there be irresponsible Nations printing huge quantities of their thin-air currency and maintaining their exchange rate?”
 
Economist D: “Other Nations can stop trading with the irresponsible Nation. It will suffer the same fate as in the current set of rules.”
 
Economist A: “What will happen to the future of RMB?”
 
Economist B: “If China maintains a stable exchange rate, a higher interest rate and occasionally appreciates the RMB, other Nations will be eager to use RMB as settlement and reserve currency.”
 
Economist C: “Bilateral trade with many Nations will increase. China will have the currency of many Nations via Mutual Credits. The pace of world economic development will greatly increase. If Relationship Selling is improved, the GDP growth of China will rise back to 8% or more.”

 
Economist D: “The real GDP of China will exceed that of USA in a couple of years – not just the PPP. (Parity Purchasing Power).”

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #986 on: April 02, 2017, 08:25:16 PM »

 
  Imagined Meeting in Beijing
 
 Economist A: “What will happen to the future of RMB?”
 
Economist B: “If China maintains a stable exchange rate, a higher interest rate and occasionally appreciates the RMB, other Nations will be eager to use RMB as settlement and reserve currency.”


Economist C: “Bilateral trade with many Nations will increase. China will have the currency of many Nations via Mutual Credits. The pace of world economic developmetnt will greatly increase. If Relationship Selling is improved, the GDP growth of China will rise back to 8% or more.”[/font]
 
 Economist D: “The real GDP of China will exceed that of USA in a couple of years – not just the PPP. (Parity Purchasing Power).”
 

Imagined Meeting in Washington

Strategist A: “Now China learned the currency weapon. What should we do?”

Strategist B: “They also learned that they were our willing slaves. We placed orders and gave them thin-air money. They polluted their water and air. They gathered the villagers into factories. They produced the goods. They bought our thin-air treasure bills and proudly announced that they had trillions of USD reserve.”

Strategist C: “We wanted them to fight regional wars. We wanted them to go to war with Japan, Philippines, India and Russia. We wanted them to start trouble in North Korea. We told them that the North Korean Nuclear Weapons were a greater threat to them. They did not fall into the trap.”

Strategist A: “We can bomb the Nations if they got Infrastructures built by China. We do not need to use our pilots. We just give weapons to the democracy supporters. They can overthrow the Governments and destroy the Infrastructures. We give them the missiles or explosives. We then blame China – labelling them as neo-colonists coming to rob the resources of poor Nations.”

Strategist B: “Would it be simpler to get Taiwan to declare Independence? China is likely to take military action. We can then nuke China with the excuse of defending Taiwan and Democracy.”

Strategist C: “We have to consider the reaction of other existing nuclear powers and some new ones. We may have to nuke North Korea, Pakistan and Russia too.”

Strategist A: “We have to kill or imprison all the Chinese already in US soil. We may have to put troops in every corner of the Earth. Some Chinese might secretly re-develop nuclear weapons and use them on us. That option will lead to the end of the Human Race. I do not want to be part of it.”

Strategist B: “If we follow the suggestion of competing with Russia+China. The game is to help poor Nations develop, what will happen?”

Strategist C: “We may get many Nations obey us like Germany and Japan. But many Nations may go to the Russia+China Camp. We will not be the only Super Power any more.”
 

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #987 on: April 04, 2017, 12:52:59 AM »

 
Concept of Sure-win Businesses
 
 If we define a sure-win business as – putting X dollars in and getting more than X dollars out, we can have many sure-win businesses. The main reason behind is the ability of Governments to create thin-air money. If a Government backs up a business and injects thin-air money in, the money out can easily be more than the X dollars the businessman puts in.
 
 For example, in building Infrastructures, the Government selects Company A to build a Road. The Government pays all costs related to the construction of the Road. Company A focuses only on the building of the Road. Company A does not worry about whether the Road will generate income. Company A receives the thin-air money so long as it does a good job.
 
 The Government knows that it has to increase the money supply for its Citizens to get wealthier. However, it wants its Citizens to generate Meaningful Economic Activities. Meaningful Economic Activities include many different types - especially those that provide more comfort, security and enjoyment. Good Infrastructure Projects definitely qualify as Meaningful Economic Activities.
 
 For example, China and Pakistan together build a Road and a High Speed Rail to link a Seaport between the two Nations. That easily qualifies as a Meaningful Economic Activity.  A Mutual Credit or Bilateral Arrangement can be set up to pump Y dollars into such a project. Some of the Y dollars can be from China and the rest can be from Pakistan. Both Nations can print thin-air money to do so. No debt needs to be imposed on either Nation. Many Companies, A, B, C will be involved in the project and receive the Y dollars. These A, B, C Companies are effectively involved in sure-win businesses. They may have to put in X dollars to do the initial study and bidding. But they can easily get much more than X dollars if they are successful.
 
 We shall think and expand more on such sure-win businesses. The World will be more prosperous and more peaceful with such sure-win businesses…
 


Tseung, you have not discussed the bond market. That is even larger than the 5 trillion USD per day Forex Market. If you own an Investment Bank that can help Companies go public, would your Investment Bank be considered as a sure-win business?

Lehman Brothers was an Investment Bank. It issued bonds using the USA Home Mortgages as the means of generating income. It also packaged many derivative products. Its marketing to the consumer was: “We pay a higher interest than normal bank deposits. Our bonds are one of safest in the World. The USA citizens will pay mortgages to own their homes.”

Unfortunately, as with all private, profit-motivated ventures, it was overdone. Mortgages were issued to seventy year olds and many others with no possibility of payment. The excuse was that the Banks can always take back the property and sell it for a profit on an appreciating value property market. Some economist even argued that the USA Government would not allow any big Investment Banks to fail. (They are too big to fail.)

Many private Companies issue Bonds assuming that the new Bonds will cover the promised interests and that investors will continue buying their bonds. It is a legal way of increasing thin-air money. The market depends heavily on faith. The USA Government cannot allow that faith to vaporize. Thus much of its QE money was used to pop up such Bonds.

China must not fall into that trap. It buys US treasury bills – bonds by the US Government. Because the US Government can always print thin-air money, that is considered super safe. But treasury bills are just paper or just numbers in a trusted institution. It is much better to use that money for more Meaningful Economic Activities. China must not allow its private Companies to issue Bonds similar to US. The issuing of bond is equivalent to private Companies using thin-air paper to exchange for thin-air money. Leaving that in the hands of private companies will inevitably lead to greed and overdoing.

The largest Meaningful Economic Activities at present is Infrastructure Building in the many Developing Nations. Thus the one-belt-one-road initiative is the correct win-win path to take at present. The thin-air money can be turned into actual projects that will benefit the Human Race.
 

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #988 on: April 04, 2017, 10:35:26 AM »



 Concept of Public Investor
 
The most important element in any field is knowledge and skill. China will be the number one economy. But its financial brains are not developed to take on that position yet. Losing one trillion USD foreign currency reserve to protect the RMB Exchange Rate is not exactly smart.
 
How can China develop an elite group to master money and the financial markets dominated by Wall Street? One proposal is to have Public Investors. These Public Investors are selected as follows:

1.       They will go through a basic training on investments. The training can be via the Internet. They must understand the basic financial terms. They will be judged on simple multiple choice questions. In addition, they must participate in discussion forums demonstrating their financial views and insights.

2.       They will go through dummy trading on one or more areas of their choice. For example, if they want to trade in Forex, they will have a six month period doing dummy trades. In the dummy trade, they will compete with many other Public Investor Hopefuls. The amount of Dummy Money is one million Yuan.

3.       The different areas of Investment will be selected by the Local or Central Government. These areas may reflect the local region characteristics. These areas may be updated from time to time.

4.       There is no age limit for such Public Investors. Seniors can participate so long as they have a functional brain and be able to use the Internet.

5.       The winners of the Dummy Trades will also be judged on the postings they posted on the various “judgement” financial forums.

6.       A certain number of Public Investors will be selected to do real investing on behalf of China. They will each be give one million RMB to do real trading. Their trading will be recorded and analyzed by the many Public Investor Hopefuls.

7.       If they are successful in a predetermined timeframe, say, 5 years, they can return the one million RMB and keep the profit. They can also become moderators of the financial forums and be part of the selection committee for Public Investors.

8.       If they are not successful, they can return whatever was left. They can try to become a Public Investor again via competition with other Public Investor Hopefuls. Their experience will be treated as learning lessons for the Nation.

9.       Thus many citizens will participate in the Financial Markets. The collective knowledge will increase greatly. The thin-air money will be more effectively used.


Some hints on Forex Trade training:
https://en.investing-deals.com/forex/?vid=309&a=383&c=2827&s2=GDN-Forex-SE-Asia-EN_Text&s4=__c&s5=168541423916_none&gclid=CMWUkJq1itMCFYGbvAody6cBtw


ltseung888

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Re: Ufo propu engine, closed loop
« Reply #989 on: April 05, 2017, 08:53:43 PM »

Concept of Sure-win Businesses
 
If we define a sure-win business as – putting X dollars in and getting more than X dollars out, we can have many sure-win businesses. The main reason behind is the ability of Governments to create thin-air money. If a Government backs up a business and injects thin-air money in, the money out can easily be more than the X dollars the businessman puts in.
 
For example, in building Infrastructures, the Government selects Company A to build a Road. The Government pays all costs related to the construction of the Road. Company A focuses only on the building of the Road. Company A does not worry about whether the Road will generate income. Company A receives the thin-air money so long as it does a good job.
 
The Government knows that it has to increase the money supply for its Citizens to get wealthier. However, it wants its Citizens to generate Meaningful Economic Activities. Meaningful Economic Activities include many different types - especially those that provide more comfort, security and enjoyment. Good Infrastructure Projects definitely qualify as Meaningful Economic Activities.
 
For example, China and Pakistan together build a Road and a High Speed Rail to link a Seaport between the two Nations. That easily qualifies as a Meaningful Economic Activity.  A Mutual Credit or Bilateral Arrangement can be set up to pump Y dollars into such a project. Some of the Y dollars can be from China and the rest can be from Pakistan. Both Nations can print thin-air money to do so. No debt needs to be imposed on either Nation. Many Companies, A, B, C will be involved in the project and receive the Y dollars. These A, B, C Companies are effectively involved in sure-win businesses. They may have to put in X dollars to do the initial study and bidding. But they can easily get much more than X dollars if they are successful.
 
We shall think and expand more on such sure-win businesses. The World will be more prosperous and more peaceful with such sure-win businesses…


Tseung, you are putting too much emphasis on the role of Government. If a Government is corrupt or incompetent, the Citizens will suffer. Market Forces, through competition, will be better in most cases.