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Author Topic: Ufo propu engine, closed loop  (Read 472174 times)

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #1020 on: April 22, 2017, 11:33:25 AM »

The one-belt-one-road conference in China will start on May 14, 2017.

Some of my proposals are:

1. Divide the Projects into long term and short term. The long term ones with no immediate returns will be funded by Governments. The short term ones will be funded mainly by the private sector.



For example, dams, roads, bridges or high speed rails may take many years and may not make a profit. Let Governments print thin-air money to cater for such projects. Short term projects such as building hotels, residential buildings, shopping centers, entertainment centers can be left to the private sector.


However, some innovative ideas should be discussed. For example, the new Special Economic Zones may solve the traffic problems with North-South traffic in one elevated level and East-West traffic in another level. The heavy cargo traffic can use ground level with the traditional traffic lights etc. The stations can be integrated into the buildings...

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #1021 on: April 22, 2017, 09:47:49 PM »

 
The one-belt-one-road conference in China will start on May 14, 2017.
 
 Some of my proposals are:
 
 2. Introduce relationship selling. Do not go for lowest cost producer scenario. Encourage the local populations to master technology, technology and technology. Help them to develop infrastructures and industries. Do not just build for them. Let them do much of the work.
 
 

This is an important step in helping a poorer Nation to develop. It is like helping the restaurant of a relative. The food and service of the restaurant may not be good. But one still dine in the restaurant to support the relative. One may give suggestions for improvement. One may put in additional investment. One may recommend chefs. One may suggest special dishes. But the actual dining in the restaurant is the key. Let the relative earn money while he improves the restaurant.

An example of relationship selling is to buy clothes from Nation B at a generous price. The style and brand have abstract value. The cost of the cloth and the cutting may cost X dollars. The style and brand may be worth many times X. (I have clothes costing less than HK$30 and also clothes costing more than HK$1,000. I also have clothes that I seldom wear.)


In relationship selling, Nation A deliberately let Nation B make money to develop its capability. At the same time, help Nation B to learn the technology, technology and technology. Get Nation B to use the best machines, the best production methods and best management. Go to the extreme of buying some as gifts to senior citizens? Introduce the Super Silicon Valley Mentality – everything is third class, you should turn it to second or first class.

This is best done in a bilateral arrangement.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #1022 on: April 22, 2017, 10:17:00 PM »

The one-belt-one-road conference in China will start on May 14, 2017.

Some of my proposals are:

3. Do not just sell Chinese Goods. Use Mutual Credits to build win-win scenarios. Tourism is definitely a good win-win scenario. The technique of rewarding Officials generously if they can help the population to get wealthy should be promoted.



One criticism in the present setup is that many Nations found their local manufacturing industries were no match against the cheap and better quality Chinese goods. Many local jobs were lost. The one-belt-one-road was not win-win but win-lose. The Mutual Credit agreements can be set up with State and Private involvement to overcome that.

For example Nation A and Nation B enter into a Mutual Credit agreement. The richer Nation A provides X dollars of its currency to Nation B so that Nation B can develop Infrastructures with help from the Companies of Nation A without incurring any debt. Nation A receives the equivalent amount of X in the currency of Nation B. Nation A can be generous in relationship selling. Nation A can invest heavily in the special economic zones of Nation B.

The setup requires much Government and Private interaction. Normally, Government Officials have the tendency of - "do more may make more mistakes; do less may make less mistakes; do nothing makes no mistakes". The Chinese Model of encouraging some Officials to become rich as examples to the villagers in his area should be considered...

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #1023 on: April 22, 2017, 10:39:24 PM »

The one-belt-one-road conference in China will start on May 14, 2017.

Some of my proposals are:

4. Set up the Public Investor Mechanism in China and elsewhere with emphasis on helping the economy of one-belt-one-road nations.



With State Planning and Control, many opportunities will be overlooked. For example, a village may be producing oranges but not grapefruits. State Planners are likely to treat the village as orange producer only as that is easier to manage. Opportunity to produce grapefruits may be overlooked.


With Public Investors helping to spot entrepreneurs and opportunities, much more Meaningful Economic Activities can be generated. Not only the wealthy can participate in the investing but those eager to seek opportunities will get involved. With remote monitoring of model farms, restaurant franchises, retail stores, factories etc, successes in one district can be quickly copied. There will be no lack of investment for worthwhile projects.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #1024 on: April 23, 2017, 02:37:05 AM »

 Relationship Selling
 
 This is an important step in helping a poorer Nation to develop. It is like helping the restaurant of a relative. The food and service of the restaurant may not be good. But one still dine in the restaurant to support the relative. One may give suggestions for improvement. One may put in additional investment. One may recommend chefs. One may suggest special dishes. But the actual dining in the restaurant is the key. Let the relative earn money while he improves the restaurant.
 
 An example of relationship selling is to buy clothes from Nation B at a generous price. The style and brand have abstract value. The cost of the cloth and the cutting may cost X dollars. The style and brand may be worth many times X. (I have clothes costing less than HK$30 and also clothes costing more than HK$1,000. I also have clothes that I seldom wear.)
 
 
 In relationship selling, Nation A deliberately let Nation B make money to develop its capability. At the same time, help Nation B to learn the technology, technology and technology. Get Nation B to use the best machines, the best production methods and best management. Go to the extreme of buying some as gifts to senior citizens? Introduce the Super Silicon Valley Mentality – everything is third class, you should turn it to second or first class.
 
 This is best done in a bilateral arrangement.
 

Comment:
Relationship selling is not fair trade. If Nation A can produce steel cheaper than Nation B, the logical way if for Nation C to buy from Nation A. With relationship selling, Nation C may buy from Nation B instead. It destroys the incentive to be the most efficient, the most cost effective producer. The World will plunge into chaos.

Reply to comments:

Any concept carried to its extreme will have bad effects. The main goal of Relationship Selling is to help a poorer Nation develop faster. It is given a hand in developing an industry it desires. If it feels that producing steel is important for its future, a friendly Nation can buy some of its steel at a higher than Market price. The concept of “cut-throat” to be the lowest cost producer has been carried too far. China benefited from the increased Meaningful Economic Activity. In some fields, it is becoming the monopoly. That hinders the development of other Nations in these fields. Appropriate Relationship Selling is a solution.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #1025 on: April 23, 2017, 03:01:07 AM »
 Comment:
 
The one-belt-one road initiative is a win for China. China can dump its excess production on other Nations. The free trade is actually biased. China can sell much more. China buys the irreplaceable resources such oil and gas from the one-belt-one-road Nations. The infrastructures such as roads, bridges, high speed rails help China more than the other Nations.
 
Reply to comments:
 
In the win-win concept, sometimes one side wins more than the other side. But the goal for both sides is to increase the Meaningful Economic Activities. The new philosophy is State Capitalism. That combines the advantage of State Planning in pumping out thin-air money in the appropriate direction to help its citizens rich and the use of money as incentive to get the citizens more active and productive.
 
The one-belt-one-road initiative does not care about the political system of other Nations. It is voluntary participation. It will be combined with many other concepts such as relationship selling, mutual credits, working via Internet Forums and win-win. The projects are open to all members of the Asian Infrastructure Investment Bank (AIIB). It is a departure from the bad philosophy of – a rich Nation will keep other Nations poor and backward so that they will not be a threat to its wealth. The new philosophy is – to become rich and remain rich, one helps others to become rich.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #1026 on: April 23, 2017, 03:33:21 AM »

 
The one-belt-one-road conference in China will start on May 14, 2017.
 
 Some of my proposals are:
 
 4. Set up the Public Investor Mechanism in China and elsewhere with emphasis on helping the economy of one-belt-one-road nations.
 

One of the sayings in China is – a worker will not rise above others in society. This comes from the Chinese word for workers (工人). The horizontal line stops the vertical line. Making money via working is limited. Using money to make money has no bounds. None of the billionaires in China (or elsewhere) got their wealth via working for others.


The Public Investor technique allows any individual to participate in the investment industry. They can compete using fake money to horn their skills. They can help entrepreneurs with their skills in legal, accounting, computer, relationships etc.


Some of the Public Investors and Funds will be directed specifically towards the one-belt-one-road short term projects. The excess capital does not need to go to gambling on derivatives or junk bonds. The excess capital can go towards the win-win and sure-win projects. When Governments can print thin-air money, sure-win projects will be plentiful. A Nation with excess production capability and technology does not need to cut back. It can help other Nations to become rich. Individuals such as Public Investors will also help to spot and create the opportunities.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #1027 on: April 23, 2017, 10:52:39 AM »
The one-belt-one-road conference in China will start on May 14, 2017.

Some of my proposals are:

5. Identify opportunities for food security, health, education and remote monitoring of production and businesses. Introduce the best methods and technology. Do not rely on subsistence farming or inefficient handicraft industries to keep employment.



Knowledge and technology are the keen ingredients for modernisation. Some traditional ways will need to change. For example, the nomadic way of life in Mongolia is likely to change. Citizens will enjoy electricity and running water. The herds will be better off with feeds going to them. The shelters will keep the herd safe against the bitter cold in winter.   With modern communication, it is no longer a case of "living off the surrounding". It is a case of what the society can offer. The society in this case is the Many Nations along the one-belt-one-road or members of AIIB.


With remote monitoring, what happens in remote places can be seen as easily as nearby sites. Necessary actions can be taken. Putting more resources to enrich the lives of people in remote or harsh climate places is within the capability of the getting richer Nations. China can guarantee that all its citizens will be removed away from poverty by 2020. The same guarantee can happen to all Human Beings in the foreseeable future.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #1028 on: April 23, 2017, 11:21:30 AM »
The one-belt-one-road conference in China will start on May 14, 2017.

Some of my proposals are:

6. Encourage the Developing Nations to send Officials and Students to travel and work in China to witness the China speed first-hand. Heavily promote the win-win concept - if a Nation wants to become rich and remain rich, it should help other Nations rich. (Contrast the win-lose philosophy of keeping other Nations poor and backward so that they will not be a threat.)


The best way to learn is actual experience. Hearsay is propaganda. Seeing is reality. Working to acquire the technology and skill is gold. The roads and other infrastructures facilitate such exchanges. Many in the West still doubt the win-win strategy of one-belt-one-road. Many still claim the one-belt-one-road is a form of Colonialism. A journey on the hifh speed rail; a visit to the shopping malls; a meal in the nice restaurants etc. will change that view. (Should also experience the traffic jams, breath the polluted air to avoid the mistakes...)

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #1029 on: April 23, 2017, 11:32:38 AM »
One other topic that should be discussed in the one-belt-one-road conference is Currency Pegging


China now knows how to control its currency exchange rate without draining its Currency Reserve. That knowledge should be shared.


In particular, when China enters into Mutual Credit or Bilateral Agreements, Currency Exchange Rate will be an important issue. China can encourage many developing Nations to peg to the RMB. The RMB will be stable and appreciating appropriately. The elements of Settlement and Reserve Currency are there. China will not send crocodiles to attack the currency of other Nations.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #1030 on: April 23, 2017, 09:53:17 PM »
The one-belt-one-road conference should talk about Globalization the new way.

China is helping the last group of its poor citizens to become prosperous. One technique it uses is to identify these groups and direct the Officials to get these targeted groups out of poverty. China can use the best Internet technology to monitor the progress.

In the past, there may be directive from the top. The directive will go through many levels. If any one level were incompetent or corrupt, the policy and help will not reach the targeted group. Now, the top Officials in Beijing can even drill down to the individual bank accounts of the targeted individuals. Elevating every citizen from poverty becomes a reality. Can China achieve that goal by 2020? The money is there. The will is there. The mechanism is there.

If China can do that to its citizens, can China introduce similar technique to the one-belt-one-road Nations? To become rich and remain rich, the best way is to help other Nations get rich...

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #1031 on: April 24, 2017, 03:10:43 PM »

Future of the World


1. What will happen to the World if North Korea becomes a full Nuclear Power Nation similar to India or Pakistan? Will it start nuclear war?


2. In the long run, every Nation will gain knowledge, food security, technology, technology and technology. In other words, all Nations will become wealthy. Why should any Nation start wars to destroy that wealth?

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #1032 on: April 25, 2017, 12:11:37 AM »

The one-belt-one-road conference should talk about Globalization the new way.

China is helping the last group of its poor citizens to become prosperous. One technique it uses is to identify these groups and direct the Officials to get these targeted groups out of poverty. China can use the best Internet technology to monitor the progress.

In the past, there may be directive from the top. The directive will go through many levels. If any one level were incompetent or corrupt, the policy and help will not reach the targeted group. Now, the top Officials in Beijing can even drill down to the individual bank accounts of the targeted individuals. Elevating every citizen from poverty becomes a reality. Can China achieve that goal by 2020? The money is there. The will is there. The mechanism is there.

If China can do that to its citizens, can China introduce similar technique to the one-belt-one-road Nations? To become rich and remain rich, the best way is to help other Nations get rich...


China can have additional University Graduated Officials to help the Village Officials to elevate the poorer citizens from poverty. These Graduates are rated on their success in fulfilling such goals. These Graduates have the advantage of better education, familiarity with Internet, youth and dedication. They can be innovative and/or copy the success of others.


One unadvertised advantage is that the Central Government is willing to give money to the poorer citizens. The Graduates just need to find a way. They can help to spot and participate in sure-win businesses.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #1033 on: April 26, 2017, 12:03:04 AM »
Experience in dummy trading via Avatrade.

The fake money amount is 100,000USD. The default trading is 1,000 or 1% of the initial amount. T he dummy account lasts only for one month. There is no premium charge.

The chance of a margin call is very low if only 1% were committed at any one time.

Choosing the right casi*o to have fun is important. When China forex trades via its own casi*o, it is not looking for fun. It is controlling its Currency Exchange Rate.

Gambling can be fun or addictive. Chinese citizens should focus their energy on building real economy both within China and along the one-belt-one-road. An occasional visit to Macau or Las Vegas to have fun is acceptable. China is not ready to have Forex or Derivative trading for its general population yet.

ltseung888

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Re: Ufo propu engine, closed loop
« Reply #1034 on: April 27, 2017, 10:31:24 PM »

Gwadar - The seaport in Pakistan as the link in the one belt one road.

Many in Pakistan want Gwadar to be developed like Shenzhen within 10 years - from a small 80,000 inhabitants to be a high tech and financial center with over many million citizens. Some plans are:
.
1. Do the grand city development plan to cater for 10 million people. Plan for commercial, residential, entertainment, academic, government zones.

2. Plan on the infrastructure projects such as water, electricity, gas,  traffic, internet facilities.

3. Plan on high rise buildings using pre-fabricated technology - a thirty-floor building in a few days. This can be a model for the rest of Pakistan.

4. The human traffic system can be North-South on one level and East-West on another level. Integrate this with buildings. Heavy traffic can use the ground level.

5. Do the Mutual Credit with China. Use the Chinese currency to build needed infrastructures and material. Encourage Chinese Companies to invest locally in Gwadar and train Pakistanis with Pakistan currency.

6. Establish a Gwadar University focusing on commerce and financial services. Aim to develop insurance, stock market, commodities and other financial trading. Encourage the students to use Internet commerce and internet learning as much as possible. All courses from primary to university can have an Internet version.

7. Use the mobile phone as the default wallet. The smart phone serves as phone, learning instrument, wallet, identity card, super democracy voting card, link to government services etc. Gwadar will be the high tech show place of Pakistan.

8. Encourage International Banks, Franchises, Chains to establish bases. Raise money in the Hong Kong Stock Exchange? Use the remote control and monitoring mechanisms well.

9. Start the Forums for ideas. Consider relationship selling, public investors and subsidized housing for the qualified talents.

10. Think of Gwadar as the model for the important ports in the one belt one road initiative.