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Author Topic: Ufo propu engine, closed loop  (Read 210101 times)

Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #990 on: April 05, 2017, 08:59:01 PM »


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.


Comment:


I do not like the idea of sure-win businesses. They are popped up by the Government. As such, they will become lazy and incompetent. It will also breed corruption.

Free Energy | searching for free energy and discussing free energy

Re: Ufo propu engine, closed loop
« Reply #990 on: April 05, 2017, 08:59:01 PM »

Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #991 on: April 07, 2017, 01:16:45 AM »

 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.
 

Almost everything has its good side and bad side. Let us focus on the good side first. With Government backing, China can and is achieving the following:

1.       Use of the mobile, smart phone to pay all bills and purchases.

2.       Every Mobile phone user will be given a Credit line of RMB100,000. This eliminates the use of credit cards.

3.       Government benefits including pensions, unemployment benefits, disaster relief etc. can be deposited directly to the Bank Accounts. Poverty is essentially history as Government can ensure that every citizen has a minimum (and rising) standard of living.

4.        Super Democracy can easily be achieved. The Citizens can receive policy information; comment via Forums; VOTE via their smart, mobile phones.

5.       There can be a social worker (robot in some cases) helping every citizen. No citizen will suffer because of lack of Pubic Support.

6.       Life-long education can be provided via smart phones and Internet. There will be various certificates. Every Citizen will receive as much certified education as he desires. The educational level of Chinese Citizens will soon rise to amongst the best in the World.

7.       With Public Investor program, every citizen has a chance to learn the financial workings of Society. If they are successful, they can keep the profits from an RMB1m investment. If they are not successful, their learning experience is treated as lessons for others.

8.       The one child (now two child) policy produced citizens eager to overcome their loneliness via phones and friends. Many men will have to marry foreign wives. Globalization will act in their favor. (Being a Chinese is a proud thing or a desirable husband?)

9.       Every opportunity will be pounced upon. (The recent investment rush to the announced “second Capital region” is an example. The land prices increased 5 times in one afternoon prompting Government to suspend all land and property transactions.)

10.   It looks like China will jump over the middle income trap with the one-belt-one-road initiative. Once the projects are divided into long term and short term, the progress in the underdeveloped Nations will match that in China. Mutual Credits eliminates National Debts. Relationship Selling eliminates excessive cut-throat competition.   The World will be prosperous and peaceful.
 
 

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Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #992 on: April 07, 2017, 02:07:20 PM »
China's foreign exchange reserves stayed above $3 trillion (2.41 trillion pounds) in March, during which a pause in the dollar's rally aided Beijing's efforts to contain capital outflows.


Reserves rose $3.96 billion during March - less than the $5 billion predicted in a Reuters poll - to total $3.009 trillion, compared with $3.005 trillion at the end of February.

In January, reserves slipped below $3 trillion for the first time in nearly six years, but in February they moved back above that line with their first rise in eight months.

The March increase marks the first time reserves had increased two consecutive months since April 2016. 


*** Does that mean China is Forex trading via its own Forex Exchange? A few more months figures will tell.

Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #993 on: April 08, 2017, 12:55:02 AM »

China has now found a solution to the Currency Exchange Rate weapon. What are its own weapons?

The one-belt-one-road win-win initiative is one of the most powerful strategies. It promotes the China Model via real Infrastructures.

Relationship selling or Mutual Credits eliminates the use of debts on poorer Nations. It overcomes excessive cut-throat competition. Developing Nations do not need to cut-throat to become the lowest cost producer.

The attached slide showed more.


Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #994 on: April 08, 2017, 04:33:46 AM »


 More Chinese Economic War Weapons


1.      Agricultural demonstration and improvement Centers in multiple Countries.  The population growth of China has slowed because of the one-child policy. Even with the two-child policy now, the population growth will be negative. Food security is assured as there are not going to be too many more mouths. The emphasis is now on food quality and variety.

2.      Giving every adult a smart phone. China has essentially got Internet coverage over most of the Nation. Great effort is focused on increasing the speed and the applications. China has jump over the Computer development. Many youngsters rely more on the smart phones than the Computer. The tracking of activities on the smart phone is used by Alibaba to approve loans.

3.      Officials are judged on their ability to bring prosperity to their region and their local citizens. They are no longer the privileged group enjoying benefits for no action.

4.      Corruption is greatly reduced because of the Internet. Officials and their relatives no longer show off their watches, cars, jewelry and other luxuries. If they are caught on the smart phones and published on the Internet, their career will be at stake.

5.      There are waves of TV programs showing how citizens got rich; how the Infrastructures are popping up; how the underground is more clean and modern than those in USA or UK; how the educational scores in China are leading the World; etc. These propaganda are backed up with real examples. That gave more self-confidence to the Chinese Citizens.

6.      Many citizens are travelling to other Nations for leisure and on business. They can compare the Infrastructures and life-style for themselves.

7.      Now, even Wall Street is no longer viewed in awe. The feeling is that you can print money and use it on abstract derivatives that benefit only the rich. We can print money and use it on real projects that benefit not only Chinese Citizens but also other Nations. We can build a better World and we are doing it…
 

Free Energy | searching for free energy and discussing free energy

Re: Ufo propu engine, closed loop
« Reply #994 on: April 08, 2017, 04:33:46 AM »
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Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #995 on: April 08, 2017, 03:36:11 PM »
Provinces proposed 45 trillion RMB (7 trillion USD) for Infrastructure projects. Can China print more thin-air money to achieve the goal?

Some Economists argue that printing thin-air money is piling up debt that needs to be repaid.

My view is - who is the lender and who is the borrower? Both are the Chinese Government. The Chinese Government is essentially using its own trustworthiness to say that the thin-air money will be well used. The printing of money will not create runaway inflation. The increased thin-air money will create more useful infrastructures and Meaningful Economic Activities. Some economists may take the case of the inner Mongolia Province. Few people live there. Why spend trillion of dollars?

The goal is to support the one-belt-one-road initiative and to provide an outlet for the excess production capability of China. Inner Mongolia will no longer be for nomads. Heating will no longer be polluting coal or wood. There will be running water - so the Mongolian Brothers do not need to bath only 3 times in their life-time. They will all be able to enjoy modern comfort. When a Nation produces more steel and cement than it uses, one way is to cut down production. Another way is to use the excess production for long term needs. China learned a big lesson in the 2008 World Financial Crisis. It printed 4 trillion RMB to embark on massive infrastructure projects. It built roads, bridges, high speed trains, inner city undergrounds, hospitals and real estate at an incredible pace. It found no great negative consequences. Most of the infrastructures were directed from the Central Government.

This time, the Central Government asked the Provincial Governments to submit their plans. These Provincial Governments saw it as an opportunity that should not be missed. It is like some rich uncle asking a youngster what he desires. The youngster will come up with his dream list. I do not think that all the 45 trillion projects will be approved. But getting the Provincial Governments involved is a good idea. China does not need to slow down.
« Last Edit: April 08, 2017, 08:59:42 PM by ltseung888 »

Offline ltseung888

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Re: Ufo propiveu engine, closed loop
« Reply #996 on: April 08, 2017, 09:21:32 PM »

In the art of war, there is the concept of complete and lasting victory. To achieve that, the victor must not generate more hatred from the defeated. USA did the right thing after the Second World War. It helped Germany and Japan to rebuild. There is no need to expand a Nation's territory or enslave other Nations to become prosperous. Just produce better and more goods.


China printed 4 trillion RMB in 2008 for Infrastructure projects. That was successful or a victory was achieved. That was viewed as winning a battle only. Winning a battle is very different from winning the war. China lost one trillion USD Foreign Currency Reserve from Aug 2015 to Dec 2016. That particular battle was a terrible defeat.


Now China can Forex Trade through its own Forex Exchanges and not a dollar of Foreign Currency Reserve needs to be used. Can it win many more battles with more Infrastructures inside China and outside China via the one-belt-one-road initiative? The goal is to get other Nations wealthy via win-win. The final Victory is a prosperous World where every Nation feels secure. Globalization is achieved via win-win.


The cruise missile attack on Syria is definitely not win-win. The talk of unilateral action by USA on North Korea is definitely not win-win. USA may be winning a battle by destroying the Syria Military but it is losing the War. It is generating more hatred.

Free Energy | searching for free energy and discussing free energy

Re: Ufo propiveu engine, closed loop
« Reply #996 on: April 08, 2017, 09:21:32 PM »
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Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #997 on: April 10, 2017, 08:41:15 PM »

 Why Wall Street lost its prestige in the eyes of the Chinese Economists?

1.       Previously, the Investment Banks such as Goldman Sachs, Solomon Brothers, Lehman Brothers etc. were thought to be sure-win enterprises. They could package almost any Company and got it Public. It would generate much fee in the process.

2.       These Investment Banks also help many Companies to issue Bonds. Many of these Companies could not repay the Bonds unless the customers bought their new Bonds.

3.       The Investment Banks went heavily into derivative or number trading. Numbers can be infinite and the Investment Banks could show huge profits. Many other International Banks use the Bonds from these Investment Banks and their supported Bonds as collateral and issue their own Bonds.

4.       It created the domino effect – collapse of one entity would cause the collapse of many others.

5.       Lehman Brother and other Investment Banks thought that they were too big to fail. USA Government would help. USA Government could print thin-air money.

6.       The Investment Banks packaged the Mortgages of US homes as collateral and issued huge amount of Bonds. This was just one example of financial mismanagement. The earlier Junk Bond Market was another.

7.       The Hedge Funds succeeded in causing the Russian Ruble and the Asian Miracle to collapse. It also succeeded in draining one trillion USD Foreign Currency Reserve from China.

8.       The mood from some circles in Wall Street was – let the Chinese and others to be willing slaves. We printed thin-air money and they enslaved their workers; polluted their environment and gave us the good. We could enjoy the good life and they were grateful to get our orders.

9.       So long as USA have the superior War Weapons – both physical and economic, USA can dominate the World. USA could help to make any Nation rich or make them poor. If USA placed orders, those Nations would prosper. If USA sabotaged or bombed, those Nations would be poor.

10.   Wall Street did not realize that technology could be mastered quickly. They did not foresee that China could copy and improve that quickly. They never thought that North Korea could produce the nuclear bombs nor the missiles.

The Chinese Economists copied and improved on the financial concepts. They realized that there were many real projects to be done. They realized that they could redefine “what are Meaningful Economic Activities”. They realized capital was never a scarce commodity. Thin-air money could be printed but need to be controlled. Allowing private enterprises to follow their greed would turn something Meaningful to Ridicule. 

Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #998 on: April 11, 2017, 09:33:22 PM »
How to deal with North Korea?

The thinking from USA is – no new Nations are allowed to have nuclear weapons. If any new Nation (apart from the existing nuclear club) develops nuclear weapons, USA will “take action”. The action includes sanctions, bombing, sabotage and invasion. But as technical knowledge is getting wide spread, building nuclear bombs and missiles are within the capability of more and more Nations.

Why would any Nation want to possess Nuclear Weapons and delivery systems? The main reason is National Security. North Korea pointed to the missile attack on Syria by USA. It said that North Korea would suffer the same fate if it does not have nuclear weapon capabilities. But it is inviting USA to take "surgical strikes" now. The gamble is that the North Korean Scientists will develop so fast that any attempt to "surgical strike" will meet with unthinkable nuclear mutual destruction.

Is USA justified in taking such "surgical strikes"? Such surgical strikes are definitely not win-win. The strikes will generate more hatred and human suffering. Other Nations with hate in their hearts will seek revenge. They may keep the development secret...

The better path is to help North Korea to become rich similar to South Korea, Germany and Japan. When citizens are wealthy, they will try to preserve their wealth. They will not try to destroy others with the risk of getting themselves destroyed. The Chinese version of Globalization is win-win with prosperity to every human being on earth. Get back to the negotiation table. Forget sanctions. Work out a plan to rapidly develop the North Korean economy. Accept the fact that North Korea is a Nuclear Power. (Will have to accept many other Nations in the future. Technology is here.)

If the two camps (USA vs Russia+China) compete to help other poorer Nations develop, the World will be much better. Both camps have the "mutual destruction" capability and the focus can be on economic development of all Nations.



 
 

Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #999 on: April 12, 2017, 07:28:39 AM »

Tseung, If China is trading in its own forex market X to keep the RMB rate low and Hedge Funds are trading in forex market Y to send the RMB rate high, can I buy RMB in X and sell in Y?


No. The Forex Exchanges are like casi*os. Their chips are not interchangeable.

Free Energy | searching for free energy and discussing free energy

Re: Ufo propu engine, closed loop
« Reply #999 on: April 12, 2017, 07:28:39 AM »
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Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #1000 on: April 12, 2017, 11:03:50 PM »
Forex trading is additive - even with fake money. Making 50% profit with 24 hours is exciting...

Offline synchro1

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Re: Ufo propu engine, closed loop
« Reply #1001 on: April 13, 2017, 03:42:30 AM »
@Itseung,

Sounds fantastic. I laid over in Kunming from Shanghai on my way to Bangcock and nearly passed out in a public bathroom covered in blood. Once in Bangcock, I met a Chinese woman who showed me some "Dar-Fu Chi Gung" exercises and spoke of her friends in your Chinese organ harvesting motels; But yea sure, way to go China! Sure looks good on paper.


Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #1002 on: April 13, 2017, 02:05:08 PM »

The media in the West talk much on "surgical operation" on North Korea.


Any war action will result in sufferings similar to Syria. Negotiation is the only realistic solution.

Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #1003 on: April 14, 2017, 01:05:19 AM »



The media in the West talk much on "surgical operation" on North Korea.

Any war action will result in sufferings similar to Syria. Negotiation is the only realistic solution.


*****
The better path is to help North Korea to become rich similar to South Korea, Germany and Japan. When citizens are wealthy, they will try to preserve their wealth. They will not try to destroy others with the risk of getting themselves destroyed. The Chinese version of Globalization is win-win with prosperity to every human being on earth. Get back to the negotiation table. Forget sanctions. Work out a plan to rapidly develop the North Korean economy. Accept the fact that North Korea is a Nuclear Power. (Will have to accept many other Nations in the future. Technology is here.)

If the two camps (USA vs Russia+China) compete to help other poorer Nations develop, the World will be much better. Both camps have the "mutual destruction" capability and the focus can be on economic development of all Nations.

Comment:

When someone talks about a surgical strike, he is think that the pain and suffering are  all on the other side. He will suffer negligible consequences. It was like the colonial times - the superiority of guns and cannons over swords and arrows were so extreme that the Colonial Powers never considered their possible losses.

One super power in this World has this major drawback.

My proposal is to have two camps competing to help poorer Nations develop. When all are wealthy, they will not think of destroying one another...


(http://overunity.com/15077/ufo-propu-engine-closed-loop/msg504151/#msg504151)


Free Energy | searching for free energy and discussing free energy


Offline ltseung888

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Re: Ufo propu engine, closed loop
« Reply #1004 on: April 14, 2017, 10:46:56 AM »

 
 Almost everything has its good side and bad side. Let us focus on the good side first. With Government backing, China can and is achieving the following:
 
 1.       Use of the mobile, smart phone to pay all bills and purchases.
…..
 
 10.   It looks like China will jump over the middle income trap with the one-belt-one-road initiative. Once the projects are divided into long term and short term, the progress in the underdeveloped Nations will match that in China. Mutual Credits eliminates National Debts. Relationship Selling eliminates excessive cut-throat competition.   The World will be prosperous and peaceful.
 

Lunch meeting in Hong Kong

Person A: “The price of real estate in Hong Kong is rising ridiculously. Will there be a bubble?”

Person B: “Looking at it from the other side, any home owner in Hong Kong is likely to be a millionaire. Those who own multiple units will be more than middle income level. The rise in property value is likely to be many times their earnings.”

Person C: “I rented out my property and moved to the retired estate of Tanner Hill. It turns out to be one of the best investment moves. The rent received already more than cover all expenses when living in Tanner Hill. Now, my property went up in value by at least 10% in six months.”

Person A: “China was following the Hong Kong model at one time. It is easy to rise above middle income level when you have more than one piece of property earning money for you.”

Person B: “Now the official policy is that houses are for living and not for speculation. It is harder to own multiple units from now on. How can one get rich in China without the help of real estate?”

Person D: “What is the point of getting richer at our age?”

Person A: “We can show the younger generation how to become richer without a regular job. We can get money to work for us.”

Tseung: “We can talk about sure-win businesses even if we are too old to actually do them. Rising above the middle income with Government help is actually very easy. Just get involved in the one-belt-one-road projects. Governments print thin-air money to give those who can perform…”

Free Energy | searching for free energy and discussing free energy

Re: Ufo propu engine, closed loop
« Reply #1004 on: April 14, 2017, 10:46:56 AM »

 

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