Had a good meeting at the mechanical engineering department on turning the lead-out energy fling saucer project into student projects.
Peter Chan delivered his Chan Wheel a day earlier. Lawrence Tseung brought the Joule thief prototype with capacitor. Both devices will be at Hong Kong University for sometime.
The focus was the various small projects the student can reasonably perform. The preliminary list is as follows:
1. Use the vertical tube magnetic repulsion experiment with air core, ferrite core, partial air and partial ferrite core and additional magnet to check the Input and Output Energy. The Input Energy is the pulsed DC electrical energy that can be accurately determined with the Digital Oscilloscope. The Output Energy can be determined by the height of the magnet reached inside the transparent tube. This experiment can determine whether Output Energy can be greater than Input Energy. If so, there will be great encouragement to the students and the team.
....
Circuit diagram to hook up to the Atten DSO.There are lots of ways to obtain grossly incorrect results from such a simple experiment. Such was demonstrated by years of erroneous measurements of a similar circuit by Rosemary Ainslie and some of her followers.
With the Coil in the circuit, both the voltage and current waveforms will not be DC. We can get the Power accurately from the integration of the Voltage and Current. We can also get the Input Energy from selecting the time period after looking at the waveforms.
The waveforms will be digitized by the Atten and the result can be analyzed with EXCEL. This will be demonstrated as "catching the first fish". The top of the line DSOs at Hong Kong University can do the calculation automatically. We shall publish one set of COP > 1 results.
The students can follow the demonstration first. They can then compete to get the best COP by varying the DC power, the Coil windings, the circuit components, using different magnets and different ferrite material etc. The detailed scientific results are planned to be published towards the end of 2015.
The Divine Wine flows.
Lawrence
http://www.overunityresearch.com/index.php?topic=2100.msg50206#new
Use coin taped to magnet to increase thickness and prevent flipping inside tube.
Need to increase strength of coil. Shall try more turns and higher current. Multiple layering will also be tried.
It looks like the experiment done in 2009 with smaller tube and smaller magnet was better. Need to rethnk and re-examine material list.
https://www.youtube.com/watch?v=LC3As-tmCQU
***
Divine Revelation?
The material list and the circuit diagram are now posted. A sample demo from 2009 at the Office of Dr. Raymond Ting was available. The actual parts may need change (Magnet too thin and too tight, Coil strength too weak etc.). However, any qualified University or Organization with good DSO can do the experiment now.
The fishing scenario is complete. The fishing line, the hook, the bait are defined. Let others shine. Let the student compete to do the first COP greater than 1. Let them compete for the best COP. Let them improve from straight line to circular motion. Let them get the largest fish. Just cheer them on. Let them meet the challenge. Let them have the fun and the honor. Let them shine.
***
Lawrence
http://www.overunityresearch.com/index.php?topic=2100.msg50206#new
Magnetic fields are complicated to understand:
Part 1: https://youtu.be/GEogsEfFXrg
Part 2: https://youtu.be/BkGElmxZmhk
Part 3: https://youtu.be/HWuXvZFn91Q
BUT they are not 100% understood = more research is needed that can maybe takes us into another dimension.
...
student: "Lee and you accepted the inventions were not hoaxes. That is the difference."
I still remembered the time he invited me to Zhuhai and showed me videos of Free Energy Inventions. These inventions included the 188 HP Liang Car and the Wang Shen He Magnet Motor. We accepted that they were not hoaxes and started to develop plausible scientific explanations. We spent the whole afternoon discussing different possibilities without any concrete results.
Mr. Lee Cheung Kin will be remembered as the Father of Lead-out Energy forever. Many inventors and academics vowed to continue his work. The top secrets of China and USA will be disclosed to benefit the World.
http://energyscienceconference.com/2015/08/11/2015-energy-conference-photos-john-bedini-1/img_7552/It is well established that John Bedini has been pitching BS for 35 years. He still pays the power utility for his electricity.
Bedini and his motor at the 2015 energy conference.
Can it be a hoax?
It is well established that John Bedini has been pitching BS for 35 years. He still pays the power utility for his electricity.
Waveform across 1 ohm resistor.The waveform shows obvious effects of ESL.
Does the waveform make sense?
John Bedini and many others are fighting against the USA Government... The many UFO researchers are doing the same. UFOs are known for much longer than 35 years.Lawrence, you do yourself no favors by defending the likes of Bedini.
Will US or Chinese Governments disclose the top secret? Or will some other Nation do it?
Will Hong Kong University or any other academic institution publish the scientific data on the magnet repulsion experiment? Will the governments suppress such research?
Lawrence
http://www.overunityresearch.com/index.php?topic=2100.msg50206#new
Input waveformsDo you suffer from the misconception that your resistor is free of inductance, or that your scope probe does not require power from the circuit under test? If you are using a function generator, set the pulse up as a trapezoid and vary the rise time over a range from say 10 times what it is now to 1/10th what it is now and watch what happens to your wave forms.
Both channels have bandwidth limiting turned on, and CH2 is AC-coupled. Why?CH2 is now DC-coupled. Shall play with bandwidth limiting off.
Until you clean up the meaurements, it is a case of garbage in / garbage out. Rosemary Ainslie used cement resistors and two sides of a wire for her current measurements and got completely bogus results. At least in your case, your scope probe is across the resistor. You should be assking yourself what could cause the current to overshoot as indicated by interpreting the current viewing resistor voltage as I*R. Circuit inductance resists changes in current.
Since Hong Kong University has taken up the experiment as student projects, I shall let them do much more vigorous scientific research. They have better equipment and resources. Other academic institutions are likely to join.
My job is to sow seeds.
I am sure that USA and Chinese Military Researchers have done similar experiments and some UFOs are already flying.
Lawrence
I take the stand that UFOs or Flying Saucers exist and flying. The 225 HP Pulse Motor works. The 60 QMOGENs from different Nations are not hoaxes.
The task is to find a plausible scientific explanation.
-we and nearly everyone wish the generators worked.
the task for the 60 self running motor generators is to ask one of them nicely enough to want to finally bring 1 working one to a reputable 3rd party tester, to help bring substance to it and to the other 59 nearly identical claims who also still chosen not to.
most people would think the potentially wealthy inventors would want to also help clean up pollution much sooner.
magicians rarely reveal the mechanics to their craft, and if they did, it would not remain limited to magic.
King David Sling scenario as discussed in the ninth design of the flying saucer is scientifically sound. Lead-out Energy is plausible. The Pulsed pendulum, the Milkovic 2SO, the Chan Wheel all worked.
-at first i believed many of the perpetual motion examples were capable. what has the prize money still waiting to be collected?
now i only think maybe a few of them might be possible, and those ones might not have been created just yet.
magnet based concepts possibly, others think radiant energy will make it happen.
some developers focus on cleaner forms of combustion, battery and capacitor storage, or new wind and solar developments that continue to get better with revision.
your work has its interests in electro magnets in relation to its effects involving gravity as part of your path of research. the idea of how would a disc shaped craft be able to power itself. you have taken on a great challenge trying to make sense of that one, the journey might be better than the destination, though as long as you enjoy the scenery along the route, then you know you are doing the right thing and not hurting anyone in the process.
The present task is to check whether the magnet-coil repulsion experiment can lead to a case of overunity...
The DSO analysis should provide accurate figures for Input Power and Energy...
-its because of determined people like yourself, that much good can happen as a result of continued work.
Lawrence
http://www.overunityresearch.com/index.php?topic=2100.msg50206#new
Air core waveforms.As long as you use a cement resistor as your current sensing device the leading and trailing edge measurements will be fouled up. If you are serious you can surely spend the small amount of money needed to buy a proper current sense resistor.
Top is with magnet inside tube jumping.
Bottom is with no magnet.
Lawrence
http://www.overunityresearch.com/index.php?topic=2100.msg50206#new
As long as you use a cement resistor as your current sensing device the leading and trailing edge measurements will be fouled up. If you are serious you can surely spend the small amount of money needed to buy a proper current sense resistor.
Air core waveforms.
Top is with magnet inside tube jumping.
Bottom is with no magnet.
*** From preliminary measurements, the Input Electrical Energy to the air-core and iron-core were approximately equal. It was mainly number of turns dependent. However, the magnetism from the iron-core was many times that of air-core. The result is in line with known properties of electromagnets.
*** This points to the possibility of Electrical Input Energy may be less than the Output potential energy of a magnet or a coil. More experiments are needed but we shall have dozens if not hundreds of students working on it.
Lawrence
http://www.overunityresearch.com/index.php?topic=2100.msg50206#new
Invest in minimal fixturing to take accurate measurements or don't. Work with small error bars or gigantic ones. It is all up to you to try and make your case for your claims.
That was my mistake in the past. Try to use limited resources to do the impossible. Try to row a boat across the Pacific.But you have yet to actually generate any "research results" that support your ideas to pass on to others with more sophisticated instrumentation. You tell stories: ludicrous stories. You offer no reason for any individual, much less any research institution to give your stories a second thought. If you think so little of your own ideas that you are unwilling to spend a very small amount of money so that you can at least conduct reasonably accurate measurements, then that says a lot about what you think about your own ideas.
The correct path is to pass the responsibility to the groups with proper resources. The late Lee Cheung Kin took the right approach - just pass the research results to his contacts. USA and Chinese Military have succeeded. They are keeping the technology top secret. Will another Nation or other small academic institutions "rediscover" the top secret?
There is no need for me to make any case for my claims. There is no pressure on the academic institutions. The UFOs are flying...
Sow seeds. Some may fall on fertile soil.
China is catching up because the whole Nation is willing to take risks. The late Lee Cheung Kin, Wang Shen He and I were invited to Tsinghua University in early 2006 on a one page description of the lead-out energy theory...
The lead-out energy flying saucer was mentioned and the Nanjing UFO was on youtube in Oct, 2006. (It took me nine years to go from version 1 to version 9 in the design. It probably took less than 9 weeks for China to get a working prototype flying. It might not be perfect as it accidentally flew over Nanjing.)
https://www.youtube.com/watch?v=f-_OH6nu7V8
- if anyone was in that ship, the force generated from when it took off fast would result in their brains compressing in the skull, plus other extensive injuries from reaching that sudden velocity. the test pilots would not have signed up for it.
making a flying disc is one thing, making people survive that flight? sure...
you've considered a high powered force field in the list of experiments for the ships hull integrity?
and time travel to protect the ships living cargo should not be overlooked to prevent insurance claims.
Sow seeds. Some may fall on fertile soil.
China is catching up because the whole Nation is willing to take risks. The late Lee Cheung Kin, Wang Shen He and I were invited to Tsinghua University in early 2006 on a one page description of the lead-out energy theory...
The lead-out energy flying saucer was mentioned and the Nanjing UFO was on youtube in Oct, 2006. (It took me nine years to go from version 1 to version 9 in the design. It probably took less than 9 weeks for China to get a working prototype flying. It might not be perfect as it accidentally flew over Nanjing.)
https://www.youtube.com/watch?v=f-_OH6nu7V8
- if anyone was in that ship, the force generated from when it took off fast would result in their brains compressing in the skull, plus other extensive injuries from reaching that sudden velocity. the test pilots would not have signed up for it.
making a flying disc is one thing, making people survive that flight? sure...
you've considered a high powered force field in the list of experiments for the ships hull integrity?
and time travel to protect the ships living cargo should not be overlooked to prevent insurance claims.
That particular UFO probably did not have pilots. That was why it was a remote control accident/error.
Sow seeds. Some may fall on fertile soil.
China is catching up because the whole Nation is willing to take risks. The late Lee Cheung Kin, Wang Shen He and I were invited to Tsinghua University in early 2006 on a one page description of the lead-out energy theory...
The lead-out energy flying saucer was mentioned and the Nanjing UFO was on youtube in Oct, 2006. (It took me nine years to go from version 1 to version 9 in the design. It probably took less than 9 weeks for China to get a working prototype flying. It might not be perfect as it accidentally flew over Nanjing.)
https://www.youtube.com/watch?v=f-_OH6nu7V8
Hong Kong is a leading city of China. It will be a fertile ground for lead-out energy flying saucers.
Hong Kong was the place where the 225 HP Pulse Motor got its investment. Hong Kong is likely to become the Mecca of Innovation. I have spent time both in Hong Kong and California. The time in Hong Kong is more productive, very much more.
China will become the number one Nation within ten years - not only in manufacturing, finance, sports but also in innovation. I am sure that the late Lee Cheung Kin was correct - China has already developed flying saucers. I just graduated from kindergarten. Chinese and USA Military Researchers are already at post-graduate level.
My efforts will help to get either USA or China to disclose the top secret to benefit the World. There is always the possibility of a third Nation...
Divine Wine flows.
Lawrence
http://www.overunityresearch.com/index.php?topic=2100.msg50206#new
Will repulsion of two iron-core coils be the best configuration to detect overunity?
One magnet and one iron-core coil will experience magnetic attraction even with no Current.
Two iron-core coils will have no magnetic attraction with no Current.
May use same circuit to pass same current through both coils...
Will repulsion of two iron-core coils be the best configuration to detect overunity?
One magnet and one iron-core coil will experience magnetic attraction even with no Current.
Two iron-core coils will have no magnetic attraction with no Current.
May use same circuit to pass same current through both coils...
Will Hong Kong become the Mecca of Innovation?
What happens if the many Universities in Hong Kong join in the competition of the two coil repulsion?
What happens if the Hong Kong Government funds a Worldwide Competition?
what happens if local community centers had science labs although not as well equipped as the many universities?
Supporting information:
http://www.siriusdisclosure.com/
http://searlsolution.com/technology3.html
This stuff is usually ignored by most but for open minds it have huge value..
Fifth design of the Ferrite-rod core Coil.
One approach is to pass the responsibility to "experts" and wait.
Another approach is to discuss amongst non-experts and see if the Chinese Saying works.
"Discussions amongst three lowly, smelly workers can come up with ideas better than the most learned person."
Lawrence Tseung
See http://www.overunityresearch.com/index.php?topic=2100.msg51962#msg51962
Hi Itseung,1. Two air core coils can repel each other. The Output Potential Energy (mgh) of the jump up coil is usually larger than the Input Electrical Energy (pulsed DC). The COP is less than 1.
To be honest I do not understand what is so special about repulsion of two coils on common Iron core. Not sure how this design can be COP> 1 considering all the losses and resistances in the system. Let me to ask you - What is the Gravity? If we want to make an anti gravity effect , we need to understand what the gravity is about?
Some people says the gravity is the effect of a pressure of dark mater on the mater . Bigger solid "shields" or "reduce" the pressure from its side, casing the things to be pushed to its surface from the "un-shielded" side.
I agree with what you say in the document - how to bring the energy from the environment. And I hing that's exactly what we all are trying to achieve. The problem is the systems we are talking about, are non linear. It means it is very hard to find "optimal" conditions to get the results. Also people is very much focused on symmetrical system. In my opinion we should concentrate on how to imbalance the environment with as little input energy as possible and gather the energy from the nature of environment - to go back in to the balance .
Regards,
The three lowly, smelly workers again.
The force due to circular motion is m*v*v/R. Is it possible to vary R?
The three lowly, smelly workers were at work again.
50 hand wound turns on 5cm outer diameter spool using 1.2V battery failed to attract paper clips.
Looking for large, appropriate spools...
5. This is the concept of lead-out energy. A small input energy brings in more energy from the environment...
Hey sir, have you thought about this type of propulsion combine with magnetism http://www.dailymotion.com/video/xhqahh_laser-beam-powered-propulsion-spacecraft-lightcraft_tech
Check out how the laser light explodes like plasma in this picture https://i.imgur.com/jYRkUUM.png which makes you think about the plasma in the universe.
Keep up the good work sir.
I firmly believe many UFOs are man made. The technology is kept top secret for fear of an unexplored paradigm. With lead-out energy flying saucers, what would happen to Nations and National Boundaries? What would happen to "Wealth of Nations"?
believe that the Internet has brought knowledge to the masses - any person can present his idea to the rest of the World. Much of the known technology can be applied to the developing Nations - speeding up their development. When every Nation and individual enjoys the fruits of good food, clothing, transport, medical care, education etc., the temptation to risk such comfort and risk destructive wars will be much lower.
Disclosing the top secret to the World (against the wishes of some Military Thinkers in China and USA) may be a good thing... Those in authority may not be right all the time... We have access to much information.
Yes I agree since it is a rule of “knowledge”. The cave men did not have computers and now we can go to the moon physically and send proves to Pluto. But if we understand how “knowledge” is born from the “fishing” for fish, we can understand that the “knowledge” of understanding such knowledge must come from outer space. With out dueling in “theories”, the rule of thumb is that we are learning from the “outside” = outsiders perspective. So we have an accumulation of 50% more outer space UFO's and less than 50% man made UFO's… where the teachers of UFO technology has to come from outer space knowledge.
Regarding that keeping it secret to the general public is makes sense too. Just like the armies never show their schematics of their weapons so the opponent cannot have an “upper hand”...for example, no one knows right know how the drones work 100%. we may have a clue by looking to the past of how radar works and laser communication, but we don't know 100% what is happening 'behind closed doors' exactly and I’m sure most of the UFO type aircraft flights are done during the night or when it is very cloudy (hide behind the night/clouds).
So yes I agree, the army has many many undisclosed UFO's that can change the economy of this world. It's only a matter of time to get disclosed by those who understand these things.
True the GREEDY side of things is that the neurons change in the mind of the money hungry. It is corruption-corrupts-absolutely where the human being tasting the drug of money cannot have enough where it becomes and addiction to control the people out of their money not for developing their minds NOR helping the earth survive BUT to make money and enjoy seeing how people suffer. This is a thing that no psychology teacher will tell you….the GREEDY are sick people with no heart!
Yes and they are countering with neutralizing the FREEDOM of speech on the internet by getting the internet very very restricted pretty soon. The internet is a gold mine of information and an acumulation of many upon many intelligent people that are not corrupted. They now want to control the internet so you cannot express your FREEDOM of speech. Once the internet is “filtered” there would be very very few speaking their knowledge. Only that what the internet moderators allow.
At any rate, I hope everything works out good for everyone and support the FREEDOM of knowledge since that is how we learn = from each other and teaching the kids.
I will read that website when I have time thanks.
Keep on teaching kids/people how to fish. :)
Joel: You keep talking about greedy. Did you ever stop to think what would happen if there were no rewards for pushing our technology forward?
If not for that reward, we would still be rubbing sticks together to make fire. Please get real man.
Bill
...Nope. Only when they have a new war toy to show off.
Will China and USA disclose their UFO secrets?
Nope. Only when they have a new war toy to show off.
I applaud your efforts to research the lead out energy. Just read that global warming will push some temperatures in the Persian Gulf beyond human tolerance levels by 2100. I wish such energy efforts would help but I'm afraid if we had cleaner energy alternatives we would simply consume it all up as well. Without population control, we are like locusts to this planet and its other inhabitants.
What are the likely actions from the USA or Chinese Governments to keep the technology a top secret?
1. Discredit the inventors or researchers
2. Send in investors or helpers to sabotage
3. Use National Security as excuse to stop the Research and Development
4. Hire the inventors or researchers into top secret military institutes
5. Silence the Inventors including murder
6. Post false information on the Internet. Turn the research into a mockery
7. Send in the debunkers to get the inventors upset
8. Use scientific roadblocks such as Law of Conservation of Energy
But if the theory is as simple as outlined in reply 1 of this thread, almost any Nation can develop it. It was like the Internet forty years ago. Many scientists and engineers could see the potential. But it required much resources to develop it…
I agree with your statement on population control. China is unlikely to have its rapid economic development without the one child policy. I came from a family of eight children. The young ones wore the clothes of the old ones...And they were harshly criticized for that policy. I was against it also until I really started to see how bad the picture is turning out to be. I read we are already past the breaking point with the worlds population. If we removed a billion people, there would still be to many to stop global warming at its current rate. Humans don't like change so we end up reacting to slowly. What is taking place right now with global warming and the fresh water shortage, in geologic time, is faster than the blink of an eye.
One of the Meaningful Economic Activities is to use Energy more efficiently. The US model of cars with one driver driving on highways may not be meaningful...I agree. It's very inefficient. Along with population control we also need vehicle control. A three person house hold may have to do with just two cars, god forbid they use public transportation to get it down to just one car. Soon every city will be like San Francisco or New York where you have no choice but to take public transportation because there are so many people around. I just saw a house in my neighborhood with gallons and gallons of water running down the street off of their soaking lawn as if we aren't in the worst drought ever. People won't change unless forced to and they resist those changes until it's to late.
I have the gut feel that the lead-out energy flying saucer will come out from a totally unexpected Nation first. The experiments can be done by almost any Nation.Perhaps India or somewhere. Elon Musk knows this rock is doomed so he'll use it to get to Mars if he can.
One of the Meaningful Economic Activities is tolerance.
Hong Kong is an International City with many tourists. They bring their culture and customs. Some of these may be different from accepted Chinese customs.
What needs to be accepted? What needs to be tolerated? What needs to be rejected?
What can be improved?
http://www.theguardian.com/world/2015/oct/29/china-abandons-one-child-policy (http://www.theguardian.com/world/2015/oct/29/china-abandons-one-child-policy)
Tom Phillips (http://www.theguardian.com/profile/tomphillips) in Beijing
Thursday 29 October 2015 14.37
China (http://www.theguardian.com/world/china) has scrapped its one-child policy, allowing all couples to have two children for the first time since draconian family planning rules were introduced more than three decades ago.
The announcement followed a four-day Communist party summit in Beijing where China’s top leaders debated financial reforms and how to maintain growth at a time of heightened concerns about the economy.
*** What was Meaningful changed. China can now provide a higher standard of living for a larger population. All Nations should re-examine what is Meaningful from time to time.
*** When will it be Meaningful for USA and China to disclose the top secret?
You lot are nuts !!!! over population ???? what ???? hahahahah we can handle 22 billion and thats without free energy !Lol. Just because this rock might have the square footage for it doesn't mean you can support them on that square foot ::)
Food problems ? we got advance home grow food technology 10 000 times fast than a plant in a fieldMagic beans? Jack is that you ???
... And than what about the moon ??? Thats good for another 5 billon !Let me guess. We actually landed on it didn't we 8)
What mad world are you planning for ???? If it was up to you we would all be eating each other in 30 years ! The idea of isolating a problem is to solve it ! Thats my job as you guys couldn't solve a melting block of ice ...I live on earth. Not sure where you are though. You'll have no choice but to eat your neighbors when fresh water runs out and you can't grow anything anymore. Can't raise livestock without that magic liquid so no more weekend grilling that steak or burger. We are the problem. Removing us is the cure. Your solution is magic beans on the moon :o
...One approach that USA took was - join my camp and I could give you prosperity. I could buy your goods, provide investment and teach you democracy. That is the magic to prosperity. Once you are in my camp, you do not need to worry about Nuclear Wars. You do not need to develop weapons. I shall protect you...Yup. That's what they told Ukraine. They got rid of all their nukes a while ago which didn't work out to well for them recently. Not to worry though. Russia just moved a bunch of nukes back into that region so all is well again ::)
I AM SURE WE ALL AGREE THAN !...Yes! We are on the same page now. Got to wipe the slate clean every now and then. It's just good house keeping. I don't know if we can wait on our governments to help us get the UFO tech released. We have to find a way to do it ourselves. I have a couple ideas that I think have a (.0000001) percent chance of working so we are pretty much screwed if it's up to me. Hopefully someone out there, perhaps it's you, will head the call of ltseung888 in releasing the secrets of the leading-out energy!!!
...The old peoples passion for the UFO tech is required to convince the State. Old people have the brains but the state has the man power and $ to make it happen.
Is State Planning on the lead-out energy flying saucer a good thing? It is much better than leaving it at the hands and resources of a few old, retired persons... But can these old persons still make a contribution???
...Beam me up Scotty! The politics is an unfortunate necessary evil. Comes with the territory of working with other flawed humans.
So are you in or are you out ???????
The old peoples passion for the UFO tech is required to convince the State. Old people have the brains but the state has the man power and $ to make it happen.
...Yes. Maybe Norway or Finland or something like that.
My bet is on a totally unexpected Nation...
THEY DONT HAVE THE REAL THING .... I DO !You have it wrapped up in to many Batman riddles. If you have it, they will wait for you to die like Tesla and take all your notes. He ran out of time and lost the chance to give it to everyone for free. By keeping secrets he essentially gave it to only the government for free.
...But don't bother if your only into politics we don't do politics we just build space craft ....Not big on politics myself. I enjoy the building part most of all. Once it's built and flys, I'm off to the next build. Sounds like you have a good plan in place with the Xprize. I know little of the magnetic vortex you speak of but believe it does exist.
...The lead-out energy flying saucer will change all that attitude. China is likely to wait for the unexpected Nation to announce it first...Yes. It's much easier to copy once someone else, be that a person or nation, presents their finding first ;)
Freedom is everything. It is the only thing. What someone chooses to do with it is up to them. It is up to them to prosper, or fail.
Either choice is their fault.
Bill
It is your right to post what you want. You keep it all in one thread so I see no harm in it.
Massive UFO sighting over California recently. Has the leadout energy now been revealed? Or is Jimmy Kimmel up to his old tricks? It's on the front of YouTube so it must be true? Hmmm...
One heck of a weather baloon. Fox recently announced the return of the X-files in January. Viral marketing campaign?
https://www.youtube.com/watch?v=yu7mNmqJJ10
What can be planned realistically for China.
1. High speed rail links between Cities.
2. Underground mass transit within Cities.
3. Housing for the low income.
4. Green houses and mechanization for agriculture.
5. Communication Infrastructures - every one has iphone crones.
6. Education - every student has access to a computer.
7. Retirement Centers - Every old citizen has a place to go.
8. Electrical Appliances - Every household has TV, Refrigerator, rice cooker etc.
9. Mutual trade with Developing Countries - 6.5% growth is a piece of cake.
10. I have not mentioned lead-out energy flying saucers.
Can China double its GDP in 2020 based on 2010 figures? Is 6.5% annual growth
achievable?
Why is State Capitalism and Planning inferior to Liberal Capitalism???
Joined a tour to Ma Wan Park, Hong Kong.
https://en.wikipedia.org/wiki/Ma_Wan_Park (https://en.wikipedia.org/wiki/Ma_Wan_Park)
Ma Wan was a small Island that gained visibility when the Bridge linking the New Airport to
Hong Kong was constructed. Ma Wan acted as key link. It was then developed as a quiet outskirt
New Residents were encouraged not to have cars, shopping centers and all other noisy aspects
of City Life.
There are less than 30,000 residents now. There is room for more. But there is much objection
from present residents who want to preserve their existing relaxing life style.
How should one balance the need to have more homes and the wishes of some residents...
Progress and 5 year plans will meet with objections. Can weak democratic governments
overcome such objections?
How would I advise an African Nation on Lead-out Energy Flying Saucer?
I would do the following:
5. Do the Mathematics.
8. Encourage the reading of my postings in this forum.
Earth to Vulcan in 30 minutes - a possible solution?
this little snippet that was found jammed in the office shredder by an employee of a commercial office cleaning company working at area 51 building 19 some time later after 5pm:
Well, I believe it has been stated that Vulcan is about 16 light-years away from Earth, so even if they were going at Warp 9 the entire time (which seems improbable, given what we've been told about travelling at warp speed), it still should've taken them at least three days to get there.
I guess we just have to conclude that in this timeline, Starfleet found a way to make Transwarp drive viable by the mid-23rd century (or something like that).
the shredder ate the rest of the top secret document, though we were able to piece together another damaged inter office memo:
I've often wondered about the proximity of different Federation and non-Federation planets. I get the idea that Klingons, Romulans, Vulcans, and humans are all pretty close together, but no one official has ever made a map, so it's impossible to be sure. One aspect of this question that fascinates me is the three-dimensional nature of everyone's location with respect to everyone else. One way the show made something seem far away was to situate events in the gamma quadrant or the delta quadrant, but there are places in the alpha quadrant that are immensely distant as well. I suspect that much of the alpha quadrant remains a mystery. Since star density and radiation increases as you approach the galactic center, the probability of life going inwards decreases. Indeed, most life must be concentrated in worlds whose stars have circular orbits around the galactic center and are in the outer fringe of the galaxy.
30 minutes to get there, it might take a while, if it is possible to be patient for 235 years until the mid 23rd century.
One thing that always fascinated me was....you are traveling in deep space...right? Suddenly, you meet a Klingon Bird Of Prey ship head on. Both your ship, and theirs, is facing right side up. Right side up in relation to what? How is it these ships are both oriented the same way when they meet?
I was always confused by this.
Bill
Once again, Lawrence shows his ignorance of many things. A few posts back, he accused the United States of starting wars to take over territory and steal the resources of other nations.
Now he claims we in the US have flying saucers that are kept secret from the rest of the world. Larry, we don't need them, we have F-16's and F-35's, and F-14's, and F-104's. We also have the Saturn 5 technology. Those really work. Flying saucers do not.
I hate history lessons. But I thought there were Red Indians before someone took over their territory and stole their resources. I still remembered that when I went to attend high school in England, their history books never mentioned opium. The history teacher told us that England was a noble Nation and would never sell opium. It was communist propaganda...
I took part in the rallies against the Vietnam War in the 1970's? Was that my imagination? Was USA so noble that the war was communist propaganda?
Do some Westerners talk about absolute military superiority so that no Nations dare a repeat of history?
My personal conviction is that modern wealth is the quality and quantity of meaningful economic activities. My house in Acton, Mass was developed from an apple farm. The area was 40,000 sq. feet. The house itself was over 3,000 square foot. But its value is less than the 800 square foot condo I live in Hong Kong.
I do not think the Chinese people will ever dream of destroying their hard earn prosperity in risking any War. If they want to be more prosperous, they can just do more 5 year plans and increase the quality and quantity of Meaningful Economic Activities.
Well, it is obvious that you hate history because you sure have not studied it at all. Your post reveals this.
Bill
History depends on who wrote it. The white man's point of view would be different from that of the Red Indians. When Hong Kong was still under British Rule, the textbooks described one view. The Chinese version showed another. We were subjected to both. It was confusing to the youngsters.
You obviously only studied the White Man's version...
Once again Lawrence, you are wrong. I suppose you must be getting used to it. There is no "White man's history." This is the history of what happened before...period. The red man, as you called them, stole the land from the folks that lived here prior to them. They captured them and made them slaves. So, how far back do we need to go? Because, before that, they took the land from the others living here...and so on.
China is only surviving because they are adopting capitalistic ways. They realized that their socialism was not working and never would.
I have no idea why you rail against the US Lawrence. Sure, we are not perfect, no country is. But name me one other country that has bailed out, or saved as many countries as we have. You can't?
Figures.
Go back to making up false physics claims.
Bill
Love thy enemy as a Meaningful Economic Activity
In the Modern World, the weapons are becoming more and more destructive. They are bombs that destroy planes and ordinary citizens. Unfortunately, the statements from Politicians are full of hate and revenge.
Should we be thinking about - love thy enemy?
Germany and Japan did not become the enemy after the Second World War. USA helped them to rebuild. Was that an act of Love Thy Enemy?
Some senior citizens said: "Not in my life time." They still remembered the sufferings in the Second World War. They still hated Japan. But most of the Japanese who took part in the War already passed away.
How should we introduce the concept of Love Thy Enemy?
Some senior citizens said: "Not in my life time." They still remembered the sufferings in the Second World War. They still hated Japan. But most of the Japanese who took part in the War already passed away.
How should we introduce the concept of Love Thy Enemy?
It is your right to post what you want. You keep it all in one thread so I see no harm in it.
Massive UFO sighting over California recently. Has the leadout energy now been revealed? Or is Jimmy Kimmel up to his old tricks? It's on the front of YouTube so it must be true? Hmmm...
One heck of a weather baloon. Fox recently announced the return of the X-files in January. Viral marketing campaign?
https://www.youtube.com/watch?v=yu7mNmqJJ10
Research Assistant, Holly, and Mr. Lau at Hong Kong University. Now the experiment has a home. The use of one magnet and one coil was not useful as the magnet got attracted to the iron core when there was no current.
Planned to use two iron-core coils. More research needed...
Love Thy Enemies. They will be your friends one day. History of Colonialism and Slavery must not happen again. The Colonialists and Slave Masters already rotted in their graves. There is no need to stir up hate. Modern Wealth is the quality and quantity of Meaningful Economic Activities. Such activities do not need to build on the sufferings of others...
Think International Brotherhood.
Concept of Fields and Energy
1. Any mass is affected by Gravitational Fields. If the mass moves or other surrounding masses move, the Gravitational Field will change. Gravitational energy can be gained by such movements.
2. Electric field can move positively or negatively charged objects. Electric Energy can be gained by movement of the charged object or changes in Electric field.
3. Magnets always have a North Pole and a South Pole. A tiny magnet can move along the direction of the magnetic flux. Its energy can be changed with changes in the Magnetic Field. DC current can lead-out the magnetic energy of the tiny magnets in ferromagnetic materials.
4. Electromagnetic waves radiate from any object. They are everywhere including vacuum or any position in space. Objects receive and radiate such energy (black body radiation).
5. If we can lead-out the above energies to use, we do not need to use fossil fuel.
We always know that we can use gravitational energy one time (e.g. hydroelectric dams). The electromagnet repulsion experiment will show that we can lead-out the magnetic energy of the tiny magnets of the ferromagnetic materials. Unbalanced Circular Motion will allow us to use such energy continuously. The Physics is described here.
The Lead-out Energy Flying Saucer Race is on. USA Navy showed its version on Nov 7, 2015 over Southern California. We need to preach Love Thy Enemies to enable the development in peace...
How to promote Super Silicon Valley Mentality in Hong Kong?
Treat everything as third class. Turn them into second or first class.
For example, my fishing technique can catch fish. For relaxation and enjoyment purposes, that is sufficient. If I use the Super Silicon Valley Mentality, I would question the equipment - the rod, the reel, the line, the hooks, the baits etc. It would just be like playing tennis. Do not just use any racket at any tension. Seek out the best that is suitable for your game.
My posts here are third class. Turn them into second or first class...
Is World War 3 inevitable?
Science, Technology and Innovation since the Industrial Revolution changed the World completely. Unfortunately, with the unequal spread of knowledge at that time, some Nations were far ahead of others. That led to the philosophy of "survival of the fittest". Some Nations built their prosperity upon the sufferings of other Nations. The cause of World War 1 was the conflict of the then European Powers over colonies and imperial interests. The cause of World War 2 was more of Germany's revenge.
Now the World knows that prosperity of a Nation does not depend on conquests or building on the sufferings of other Nations. Germany and Japan after the Second World War showed that their prosperity could be built on Industry and exports. The rapid economic growth of China further demonstrated the importance of mastering science and technology. China became factory of the World not only on its cheap labor but also on the quick copying and mastering of technology.
2. Use a one ohm resistor in series with the solenoid. The voltage drop across this one ohm resistor will give the current. If this curve is on the first probe and the solenoid voltage probe is on the second probe of the DSO, the waveform comparison can be seen. If we assume the voltage and current displayed correspond, then we can do the point-by-point multiplication. The CSV files allow us to use EXCEL to do the analysis. Some good DSOs can do that directly. We can select different time intervals to do the calculation.
UFOs are flying. Many are made in USA and in China. Can they still keep the Top Secret?
Divine Wine is for all to share... Love Thy Enemies...
Hello,
simple question: the time base in the dso pictures looks to be 100ms; if one square is 100 ms then the pulse duration should be around 250 ms
Why did you mention 50ms?
thanks
guido
thanks for the explanations@guidoc66
wouldn't be easier to make the pulse adjustable? a 555 driving a transistor or even simpler, several reed switches in parallel, at different heights (up to were you want the pulse to be on) driving a relay to the coil (just trowing ideas).
As you are spotting in your last posts, the 10cm is an important assumption but also the free fall one is.
The acceleration imparted on the mass during the 10 cm trip is not even constant and its average is not trivial while the free fall time assumes this is 9.81 m/s2 .
What we know is that at 5cm the Accel of that given mass is equal to 9.81 m/s2 as the two forces are balanced; below 5 cm the acceler. is greater and above is lower.
In other words
Accel = MagneticForce / Mass = g @ 5cm height
Why is the Pulse Motor more effective in achieving overunity?3. When the dipoles are aligned, the magnetic field is much stronger. This can be considered as leading out energy from the environment.
1. When DC electrical energy is passed to the solenoid, some of the energy is used to align the “dipoles” to provide the magnetic repulsion. Some of the energy is wasted as heat. In molecular terms, some energy is supplied efficiently to align the dipoles and some energy is used to provide random molecular motion.
2. The beginning of the pulse may be used to align the dipoles more. The later part may be used more to provide random motion. The sudden jumps and dips at the leading edge may be an indication.
3. When the dipoles are aligned, the magnetic field is much stronger. This can be considered as leading out energy from the environment.
4. In circular motion, if we provide short pulses appropriately, we can get the unbalanced wheel to rotate faster and faster. There is no need for a huge pulse.
….
In the field of INNOVATION, one must be willing to challenge accepted concepts, religions, customs and even scientific concepts. There is no authority that is sacred.
If we do not know how to use solar energy, building a plane using solar energy would be considered as unscientific.
Can we claim that we know lead-out energy well? Can we conclusively say that we can or cannot use it?
Is the research worthwhile? UFOs are flying. Is that fact or fiction? Is the flying saucer design in reply 1 of this thread valid? Are we challenging the World when we proposed the lead-out energy flying saucer paradigm?
Love Thy Enemies. They are the ones to challenge you to excel.
Demonstrating Lead-out Energy
a. We shall leverage on the many UFO sighting news recently. We shall have articles on whether UFOs can be built with existing technology. The articles in overunity.com under the “UFO Propu” thread will be useful. The diagram in reply 1 will be heavily discussed.
b. We shall build a large Milkovic Two Stage Pendulum. The emphasis will be to show the leading-out of gravitational energy. We shall direct attention to the weight remaining stationary when the amplitude of swing is small. After a certain amplitude is achieved, a tiny push from the fingers will lift a heavy weight. (Refer to the Rhead100 youtube video https://www.youtube.com/watch?v=gC6Qlj1Mbo8). We shall clearly mark when the lifting occurs. The banging noise is expected to attract attention.
c. We shall do the electromagnet repelling magnet experiment. We can explain the leading out of magnetic/electromagnetic energy. We shall improve with pulse circuits so that the duration of the pulse is short and consistent. We shall also add experiments to show the advantage of using ferromagnetic materials.
d. The basic lead-out energy diagram reproduced here will be heavily promoted. Lead-out energy machines are NOT the impossible perpetual motion machines.
e. The design diagram of the Lead-out Energy Flying Saucer will be thoroughly discussed. (We do not have a working prototype yet but we shall try. Miracles?)
We shall have some brain storming sessions and internet discussions. Your participation is well appreciated.
Lawrence Tseung
Jan 9, 2016
Secret of FLEET
FLEET stands for Forever Lead-out Electromagnetic Energy Transformer.
It is essentially a Joule Thief Circuit with a capacitor.
With the capacitor, we have a LCR resonance circuit. Can we select/match the load to achieve resonance?
That is the secret in leading-out or bringing in electromagnetic energy from the environment using FLEET.
The attached diagram was taken in April 2012...
Had a good meeting on Lead-out Energy yesterday. The key points are:
1. Lead-out energy does not violate the Law of Conservation of Energy.
2. The FLEET prototype is likely to bring-in electromagnetic wave energy.
3. The Tesla Powerwall product is likely to have elements of the FLEET technology.
4. There can be a large demo of many thousand LEDs and fans using bicycle power.
5. There can be a small unit that can be purchased or given as gifts.
Some after thoughts:
a. North Korea has Nuclear weapons – even the hydrogen bomb.
b. North Korea will research on delivery systems.
c. The chance of North Korea developing an UFO is 100%. It is just a matter of time.
d. Other Nations will follow the example.
e. The “safe” solution for the World is “Love Thy Enemies”. Turn them into brothers and sisters…
Scientific Thoughts at the Fishing Pond.
1. The Milkovic 2SO requires a very firm base and a large enough setup to show the effect. (The Centrifugal Force at the lowest point + the weight of the pendulum bulb must be large enough to produce the moment to lift the weight.) This means the pendulum length must be long enough. The construction must not have too much shaking. A shaky construction a few years back was not able to produce the effect.
The Milkovic 2SO demonstrates leading out gravitational energy...
2. The repulsion experiment of a solenoid and a magnet also requires a large enough number of turns and sufficient jumping mass to show the effect. A 130 turn solenoid with one jumping magnet could not show the effect. The magnetic flux strength varies with NA where N is the number of turns and A is the current. When we used 540 turns and 5 jumping magnets, the result was much better. (We may have to use a Pulse Circuit or increase the number of turns to 1,000 or even 2,000 to be absolutely convincing).
The repulsion experiment demonstrates leading out magnetic energy...
3. The FLEET circuit uses a capacitor. The capacitor should be a super capacitor to show the effect. However, there is the element of resonance. For a particular load, a particular resonance condition is better. This will need more research and experimental tuning. See the Geoffrey Sun prototype on youtube. https://www.youtube.com/watch?v=RB3sSus1-B4 and https://www.youtube.com/watch?v=lJCe86-vCv0
The FLEET demonstrates leading out electromagnetic wave energy...
Lead-out energy is NOT a fiction. It is science...
Will the new Innovation and Technology bureau embrace lead-out energy flying saucer?
What steps will the Chinese Government take?
Will the Tsinghua University Energy Multiplier or the 225 HP PUlse Motor see day light?
Academic paper concluding that the output energy is greater than the supplied energy in the Milkovic 2SO.
http://www.veljkomilkovic.com/Docs/G.R.Nikhade_R.U.Patil_S.P.Bansal_Two-stage_oscillator_mechanism_for_operating_a_reciprocating%20pump.pdf
CONCLUSION AND DISCUSSION
Based on the results obtained after testing the model, it was quite obvious that the amount of energy to be given to the system is less than the amount of energy obtained from the system. Actually the system takes its energy from the nature i.e. gravity. So if, along with the input energy, the energy from the nature is also considered then the efficiency of the system would be less than 100 % and if only input energy is considered then its efficiency would be greater than 100 % for certain period of time.
*** There is no need for us to replicate the experiments again...
If gravitational energy can be brought-in by the mechanical two stage pendulum system, we shall be able to bring-in magnetic or electromagnetic energy. All we need to do is to replace the pendulum with a magnet and set up appropriate magnetic or electromagnetic fields.
With electromagnetic fields, we have the advantage of varying the strength and direction of the field. We can even turn on and off the field.
Apparently, this was already achieved in the 225 HP Pulse Motor and the Tsinghua University Energy Multiplier and other Pulse Motors...
Meeting Summary at a non-profit organization
1. If Man-made UFOs are flying, there is no time pressure to do proof-of concept experiments. Involve many other non-profit minded individuals and organizations to benefit humanity.
2. Perfect the technique of winding thousand turn solenoids. The circular unbalanced wheel (variation of the 225 HP Pulse Motor) is likely to need many solenoids.
3. Space and basic equipment are available. Some advanced equipment such as 3D Printing are also available. Develop the best techniques and practices. Funding is available when there are good demonstrations.
4. The Military aspects of the Flying Saucer is obvious even to the layman. There is no need to emphasize them.
5. Talk about the joy of flying in a family flying saucer. Compare it to the horse, the bicycle and the motor car.
6. The concept of leading-out or bringing-in energy from the environment is easy to grasp with slide 5 of the PDF file in reply 323. Try to develop the cases one at a time. Show clearly how and how much energy is brought-in.
ro
The new paradigm of lead-out energy flying saucer is coming. Love Thy Enemies. Turn them into brothers and sisters.
Many people have travelled on horse backs, rode on bicycles and drove cars. I had the added pleasure of "flying as a learner pilot" on planes.
I can still remember the first time sensation of riding on and controlling such devices. I am sure riding on the lead-out energy flying saucer will yield the same type of sensation...
Leading-out gravitational energy
Reference: Rhead100 video 6. https://www.youtube.com/watch?v=gC6Qlj1Mbo8
1. At 2:07 time, the 46 pound pendulum was at its maximum height position. A small push with the fingers lifted the 74 pound weight twice.
2. Between 2:07 and 3:30, note that the weight was lifted twice with each push from the fingers.
3. The weight was lifted when the pendulum was at the lowest height position.
4. That position was the highest velocity position. The centrifugal force was highest.
5. Notice that the maximum swing position was hardly changed.
Some possible deductions:
a. The 74 pound weight was not lifted until the amplitude of the swing was high enough.
b. The sum of the twice lifted height appeared to be more than the once movement of the fingers.
c. The potential energy shown by the 74 pound weight was given by the formula mgh where m is mass of the 74 pound weight, g is the gravitational acceleration and h is the total height lifted.
d. The supplied energy is the force of the push (f) times the finger movement (d) or fd.
e. It appeared that output energy was more than supplied energy (mgh > fd) between 2:07 and 3:30. Before 2:07, the supplied energy is used to increase the amplitude of the swing.
Our explanation is that gravitational energy was lead-out or brought-in. There is no violation of the Law of Conservation of Energy. That video was an experimental confirmation.
It may be worthwhile to reproduce the Raymond Head setup so that the experiment can be repeated and improved.
I saw the first episode of the new xfiles 2 weeks ago. It was about how the gov copied the tech from roswell and uses the tech and lets the blame of sightings fall on alien conspiracy but the aliens are not involved. Anyway, good episode if any are interested. Can catch it on the net im sure.
Was thinking a bit about anti gravity. Like if it were a toroid core wound like we see them, just for example, then I wouldnt see that there were forces surrounding the core and windings causing an upward lift from the planet, I would more tend to think that there would have to be something happening in the core and or windings that shifts or somehow alters the mass of the 'engine' lets say, to nullify or even reverse its part in the pull from the earth. Just a recent thought.
We have decided to use the Upcycling Center in Wan Chai to do our research and development.
The planned demonstrations are:
1. Milkovic 2SO and Chan Wheel to show the leading-out of gravitational energy.
2. The Magnet-Solenoid repulsion experiment to show the leading-out of magnetic energy.
3. FLEET to show the leading-out of electromagnetic energy.
4. QMOGEN to show the leading-out of both gravitational and electromagnetic energy.
5. The lead-out energy flying saucer to show generation of net thrust with 225 HP Pulse type arrangement.
There is no urgency as the Flying Sauces from USA and China are already flying. Our goal is to preach Love Thy Enemies – turn them into Brothers and Sisters. The technology is to benefit all.
Leading-out gravitational energy
Reference: Rhead100 video 6. https://www.youtube.com/watch?v=gC6Qlj1Mbo8 (https://www.youtube.com/watch?v=gC6Qlj1Mbo8)
1. At 2:07 time, the 46 pound pendulum was at its maximum height position. A small push with the fingers lifted the 74 pound weight twice.
2. Between 2:07 and 3:30, note that the weight was lifted twice with each push from the fingers.
3. The weight was lifted when the pendulum was at the lowest height position.
4. That position was the highest velocity position. The centrifugal force was highest.
5. Notice that the maximum swing position was hardly changed.
Some possible deductions:
a. The 74 pound weight was not lifted until the amplitude of the swing was high enough.
b. The sum of the twice lifted height appeared to be more than the once movement of the fingers.
c. The potential energy shown by the 74 pound weight was given by the formula mgh where m is mass of the 74 pound weight, g is the gravitational acceleration and h is the total height lifted.
d. The supplied energy is the force of the push (f) times the finger movement (d) or fd.
e. It appeared that output energy was more than supplied energy (mgh > fd) between 2:07 and 3:30. Before 2:07, the supplied energy is used to increase the amplitude of the swing.
Our explanation is that gravitational energy was lead-out or brought-in. There is no violation of the Law of Conservation of Energy. That video was an experimental confirmation.
It may be worthwhile to reproduce the Raymond Head setup so that the experiment can be repeated and improved.
http://www.space.com/31860-north-korea-satellite-launch.html
North Korea launched satellite into space on Feb 7, 2016.
In the long run, all Nations will acquire the knowledge of the atomic bomb and the rockets.
The lead-out energy flying saucer will be developed for commercial use. Once humans know about the technology advances, there is no going back. Can we do without electricity? Can we do without the motor car? Can we do without the plane? Can we do without the Internet?
What is the correct path to ensure peace and prosperity for all?
Love Thy Enemies. Turn them into brothers and sisters.
oh great, now that sociomurderous dictator has sought to launch things.
what a major headcase that complete piece of garbage is.
hurry up and build your spaceship for us because if things go south, we are gonna need it.
those launches are the posturing of a delusional sociopath who happens to think hes a friggin messiah.
he's murdered before, and now he has a bigger gun.
it would be ideal if someone within north korean army just walked through the corridor leading to the their dictators office, and drove a pencil into the side of his neck then breaking it in half. now that would be a real hero of humanity that one. sad to say.
Your suggestions are totally opposite to Love Thy Enemies and Turn them into Brothers and Sisters.
The approach I would take is to encourage tourism both ways with North Korea. Let them know the World and let the World know them better. We have seen South Korea developed into a peaceful, prosperous Nation without Nuclear weapons. Technologically, they are capable of doing so. They choose not to because they do not feel threatened.
North Koreans are Brothers and Sisters of South Koreans. Can they become Brothers and Sisters of China, USA and other Nations?
The rest of the World have seen goods made in China. Many have contacts with the Chinese tourists. Do they believe that the Chinese will try to destroy them with Nuclear Bombs? It took China many years and effort to change its image from Opium Smokers to Olympics Champions...
Do not believe in the Media and Government Rubbish. All humans want to enjoy peaceful and happier lives. They now have examples of Germany, Japan, the Asia Tigers and China enjoying much prosperity without conquests.
Love Thy Enemies. Turn them into Brothers and Sisters.
ok, somehow you misinterpreted the meaning of what was important that i was talking about there.
not sure how you can not see that the dictator of north korea, starves and sometimes kills his supposedly own north korean people at the drop of a sociopath hat.
do you not think the north koreans wish they had a better quality of life?
they must clearly be living in fear due to their scary dangerous leader.
ever see north korean news? the reporters are appearing very under the manipulative control of their murderous self elected leader.
who in fact thinks hes like one of those odd messiahs that keep showing up, keshe and the other competitive one who sends creepy letters to touring violinists. you know, those types of delusional nutbars.
only in north korea its alot more dangerous when some scary piece of garbage declares to his north korean captives (read citizens), that he in fact happens to be a god.
amazing how you went past considering that before responding as you did.
i actually want to see the north koreans to have a much better life, not the reverse of that!
get it right please.
What is the correct path to ensure peace and prosperity for all?
Their government is exactly like ours my friend. They are a democratic republic. Modeled after the united states.
The problem they encountered, is they did not actively engage in world trade, the subsequent seclusion allowed for corruption within the government to take place at a much faster rate.
The same corruption exists within our own government, although deeply embedded within our economic structure.
We are heading towards where they already are, and most Americans don't see it happening.
The only major difference between US and them, is that we still support a government sponsored welfare program.
Without this, our citizens would be starving just like them. Most of their problems with the rest of the world are derived from OUR OWN mistreatment of their government on an international level.
Within the N Korean social structure, you basically have the "haves" and the "have nots".
whereas we have a middle ground, because our legal freedoms allow for that at the moment....
But the separation of classes is becoming more extreme here in the US.
at some point the system no longer supports itself, and we end up with a situation like N Korea.
where americans spend their every last penny just to survive, waiting until the next payday to eat again.
we already have nuclear weapons
The World, including Hong Kong and USA itself, is suffering from the stupid Democracy.
Democracy has the advantage of peaceful transfer of power. But it has the disadvantage of the politicians trying to make each other look bad. Good policies got distorted or misinterpreted or prevented from happening. The goal - get the person in power down - so that one has a chance.
The Internet now allows Super Democracy. Important issues can be debated and voted by all voters and not representatives.
Which Country will go for Super Democracy first?
Which Country will roll out the commercial lead-out energy flying saucer first?
Their government is exactly like ours my friend. They are a democratic republic. Modeled after the united states.
The problem they encountered, is they did not actively engage in world trade, the subsequent seclusion allowed for corruption within the government to take place at a much faster rate.
The same corruption exists within our own government, although deeply embedded within our economic structure.
We are heading towards where they already are, and most Americans don't see it happening.
The only major difference between US and them, is that we still support a government sponsored welfare program.
Without this, our citizens would be starving just like them. Most of their problems with the rest of the world are derived from OUR OWN mistreatment of their government on an international level.
Within the N Korean social structure, you basically have the "haves" and the "have nots".
whereas we have a middle ground, because our legal freedoms allow for that at the moment....
But the separation of classes is becoming more extreme here in the US.
at some point the system no longer supports itself, and we end up with a situation like N Korea.
where americans spend their every last penny just to survive, waiting until the next payday to eat again.
we already have nuclear weapons
the haves and have nots in north korea. why are they there?
how can they be so compared to other countries?
do other countries have a sociopath that tells everyone that he is a god?
and slaughters people in ways that so much ego, nobody else around him can feel confident to ever question his authority when he does that?
this is just a distortion you are making when comparing north korea to other forms of delusional management.
i don't get why the usa dollar has to say: in god we trust.
there has never been any proof to validate such a claim.
so why is this fractionalized reservation of the meaning of a dollar?
some sort of example of how putting trust into a fictional cartoon character somehow makes it just fine to keep borrowing against this fractionalized design with ever increasing debt ceiling that has its own ozone layer its getting to be?
whats next?
ideally some plan much better of what has been seen to the 2000 or so year calendar has allowed to occur.
guess we are just going to sit back and watch their damn circus acts carry on in unpredictable scary ways.
The diagram in reply 1 showed that a Net Force is produced due to the Centrifugal Force difference. That difference is created by having the angular velocity of the magnet faster at the top than at the bottom.
One comment from an academics:
China should race ahead on Lead-out Energy Flying Saucer technology. If the technology is real, why hesitate? If Hong Kong really funded the 225 HP Pulse Motor in 2000, what happened? The diagram in reply 1 is interesting. I just could not believe that it was not published earlier. It is so simple.
https://www.youtube.com/watch?v=EgAqEu8xFoc#t=1934.689768 (https://www.youtube.com/watch?v=EgAqEu8xFoc#t=1934.689768)
The late Ms. Iris Chang was a good presenter. She might have focused too much on the negative to cause her depression and suicide. We should learn from that lesson.
http://www.ibtimes.co.uk/freedom-251-worlds-cheapest-smartphone-priced-2-5-unveiled-india-1544376 (http://www.ibtimes.co.uk/freedom-251-worlds-cheapest-smartphone-priced-2-5-unveiled-india-1544376)
An relatively obscure Indian company, Ringing Bells, has unveiled an Android-run device which is being touted as the world's cheapest smartphone. Its initial launch price has been pegged at Rs251 (£2.50, $3.80), but it is unclear as to how long will the offer continue.
The firm, established in 2015, is set to introduce the 4in smartphone, named Freedom 251, at a glittering event in the Indian capital New Delhi.
Such a price is less than a MacDonald Hamburger meal.
The Indian flag has been noticed on the package of the device, and it is being speculated that the smartphone may have been subsided by Prime Minister Narendra Modi, under the government's flagship "Make in India" campaign.
USA prints money and gives it to the rich to trickle down. China prints money and builds infrastructures. Now India prints money and gives it to the grass root...
Are these meaningful economic activities???
They all sound crazy to the non-expert but they all changed the World...
Every Nation wants to provide free education to its citizens. This is not charity. This is the right of every citizen. This is the essential path to success for any Nation.
In backing the Freedom251 phone, the Indian Government can proudly tell the World that it is just doing that. When every Indian has a mobile phone at less than US$4, the cost of education goes way down. India has one the best developed software engineering in the World. Now it can educate its old and young at the same time.
I expect the India Government will come out with a list of recommended websites to weed out the "noises". The free education in India will reach all citizens. This success will be copied by all Nations in the near future.
I do not believe the low price of the phone is a hoax or a simple publicity by an obscure Company. It is more likely a master stroke of the Indian Government. This is one of the most meaningful economy activities in the twenty first century. It is much cheaper than building hundreds of Universities or academic institutions. Well done, India.
What is the cost if the Indian Government were to provide free secondary and higher education to all its citizens?
Will it amount to more than USD10,000 per person?
If it backs up the freedom251, every citizen pays USS4 and the Government subsidizes, say, US$300 each, would that be a more cost effective way? If all parts of the Freedom251 were made in India, how much meaningful economic activity will that create?
Every Country now knows that it can print money properly to maintain its economic prosperity. Is subsidizing the Freedom251 a good way to spend that money?
I am sure that the Chinese Government and other Governments will seriously consider the scenario...
In the not too distant future, the Indian population will exceed China. Ensuring the quality of such a large number of people is difficult. Education is the key. The cheap Freedom251 is a brilliant move.Will it take 10 or 20 years for the India Economy to have a GDP greater than that of China and the USA if India rushes on the Lead-out Energy Flying Saucer and that China and USA still try to keep the technology top secret?
In terms of food production, India is a net exporter of rice. India is also heavily investing in African agriculture. Food security will not be a problem.
India is trying to beat China as the Lowest Cost Producer. Is that the right strategy now and in the coming future?
Should India leapfrog by going to more advanced technologies? Should India look into Lead-out Energy Flying Saucers? The cost of investigating such a technology is low compared with the potential benefits. Man-made UFOs from USA and China are flying. The diagram in reply 1 of this thread is easy to understand.
If India were to demonstrate an UFO first, it will gain all the publicity. The self confidence of the Nation will go sky high. USA and China will have no choice but to disclose their UFO technologies. Other Nations will follow. The race will be ON. The World will benefit...
Let us speculate or predict the economy and jobs in the coming Lead-out Energy Paradigm. We shall discuss them one at a time with no particular order.
The first job category that comes to mind is the caring of the elderly. The population of Hong Kong is aging rapidly. The birth rate is low. The GDP per capita is high. It will be much higher when Hong Kong starts on the new paradigm ahead of others.
Japan, Singapore and many other developed Nations are in similar situations.
Such jobs are regarded as low tech and low pay. Many domestic helpers from Philippines, Thailand, Indonesia etc. perform that task. However, with the Lead-out Energy Flying Saucer Paradigm, these countries will provide many job opportunities. Fewer foreign domestic helpers will be available.
How can uch jobs be performed more efficiently? How can the existing Senior Centers perform better? Many seniors now communicate with their off springs via Skype. What will be the new tools in the Flying Saucer paradigm???
There will be a class of high paying jobs. These are the personal assistants to the extremely wealthy. These personal assistants will be high technology competent. They will handle not only the daily necessities but also the finance, appointments, travels, donations etc.
One example is to help a ninety year old lady with her dozens of rental properties.
The Second job category is related to the Lead-out Energy Flying Saucer technology directly.
There will be many jobs related to basic research, applied research, engineering, actual product production, marketing, maintenance etc.
Man made UFO from USA and China are flying. Reply 1 of this thread outlined one possible design. There will be alternatives.
The design will be turned into working prototypes - probably by an unexpected Country. The race will then be ON. Billions of dollars will be poured in. The new paradigm will begin. It will ellipse all known inventions in Human History...
One of the toughest jobs is to promote population control on a global basis.
Unrestricted population growth is not an option. If we want to have quality of life for every human being, we do not want to have an uncontrollable number. Unfortunately, there are groups ignorant of Birth Control Mechanisms or banned them on religious grounds.
My experience is that a family can be very happy with one or two kids. I firmly believed that the former One Child policy in China slowed the population growth and was a big factor in the fast economic development.
With the new Lead-Out Energy Flying Saucer paradigm, the focus will no longer be on physical labor or on large number of workers. The focus will be on innovation. Old folks like us can still contribute. The argument that we need more productive youngsters to support the old is no longer valid. We do not need more physical labor. We do not need more factory workers. We do not need more consumers. We do not need to compete on national GDP growth. We should focus on providing the best quality of life for the humans already on this Earth...
We cannot use the old way of population control - famine, disease or war. (Some politicians still believe that these can be done on a regional basis.) We must control the problem at the source - reducing the number of human beings entering the earth...
Let us speculate or predict the economy and jobs in the coming Lead-out Energy Paradigm. We shall discuss them one at a time with no particular order.
The first job category that comes to mind is the caring of the elderly. The population of Hong Kong is aging rapidly. The birth rate is low. The GDP per capita is high. It will be much higher when Hong Kong starts on the new paradigm ahead of others.
Japan, Singapore and many other developed Nations are in similar situations.
One comment on senior citizens is that they are not good consumers. They do not spend on new clothes, cars, jewels etc. The chance of their buying new gadgets is low.The suggestion goes further. How about giving every citizen a top up account of HKD2,000. The money can be spent on a range of "recommended" products or investments. Hong Kong and China can become a Nation of "guided or enlightened" consumers.
One suggestion is to give each of them an account that will be top up to HKD2,000 per month. If they spend only HKD500 that month, the top up amount will only be HKD500. This will encourage them to become consumers spending HKD2,000 every month.
The suggestion goes further. How about giving every citizen a top up account of HKD2,000. The money can be spent on a range of "recommended" products or investments. Hong Kong and China can become a Nation of "guided or enlightened" consumers.
If the Nation needs investment in innovative startup companies, the "money" can be spent to buy shares of such startups...
Would this be regarded as a Meaningful Economic Activity?
Governments print money to give to the rich to tickle down. Should Governments print money to give to every citizen to stimulate the consumer economy in China? Would that create more GDP growth and get more citizens to "middle class"...
The suggestion goes further. How about giving every citizen a top up account of HKD2,000. The money can be spent on a range of "recommended" products or investments. Hong Kong and China can become a Nation of "guided or enlightened" consumers.
The "recommended" products, services, investments etc. can be special Meaningful Economic Activities... Such Meaningful Economic Activities may change from time to time. Every Citizen can spend the top up money on himself to achieve a better standard of living or direct that money to Meaningful Economic Actiavities of his choice.
Some oil rich countries give money to its citizens...
If "research and development" of the Lead-out Energy Flying Saucer were a recommended Meaningful Economic Activity, it is likely to have much funding...
Changing any Country within one generation?
I was fishing at the fishing pond. Their four generations were there. The senior generation was in their nineties. The fourth generation was just starting to talk.
The first generation was poor fisherman. They had a rowing junk with sails. They had no education.
The second generation started fish farming. They and relatives build ponds with hand tools. They did not have to fight the waves. They suffered under WW2. Many relatives died.
The third generation received basic education. They found work in factories during the 1980s when the economy of Hong Kong boomed. They turned the fish farm into a tourist fishing facility. They managed to buy cars and build modern houses next to their ponds.
I asked: “What are your future plans?”
The answer – keep the fishing ponds as a side business. The land would be worth many millions. (The ponds have an area of 400,000 square foot. If targeted for development, the price per sq. ft. will be over HKD1,000.) They already refused offer from a developer at HKD100 per sq. ft.)
The plans for the younger generation was to receive higher education, get good jobs and wait for the fishing ponds to be zoned for development. They could then all share in the wealth.y
"I shall find time to attend your presentation on March 14. I used to think that people believing in UFOs and Aliens are Nuts. But I am not too sure now."
Another example that happened related to fish farming was the professor who chose "retain his job without pay" and went back to his village to do fish farming.The best leaders are NOT the ones to direct but the ones to provide the right climate...
The fish farms in his village were background and neglected. He signed a contract with the local officials claiming that he could double the output. With his scientific knowledge, he helped to increase output at least tenfold. He could afford to buy buses and cars for his village in the 1980s. He invited his fellow professors and students to join him.
Then he was put into "re-education camp". The crime was that he cheated the Government. He underestimated the success!
He was released after Deng went to Shenzhen and heard the story. Now, he is a multi-millionaire owning Companies beyond fish farming.
I always admire Deng more than Mao. Mao wanted the Country to follow "Politics". Deng wanted the Country to follow "economics". It is OK to let some people get rich first...
***Any Country can be developed within one generation if the right people with the right policies guide the Nation. Five year plans work if one does not change policies every few years. Release the creativity of the Nation via private enterprises works. The best leaders are NOT the ones to direct but the ones to provide the right climaote...
What would happen if USA were to disclose its UFO technology to the World first?
The USA Military will immediately object as this would neutralize their military superiority. They may raise the issue as one of highest National Security.
The USA public will push the politicians to invest into this technology for civilian use. It will be similar to the Space Program. USA will pour mega funds to build flying saucer cities.
Will they beat China and/or the rest of World this time?
All Nations learned the secret of capital - print money for good reason if needed. If such printing spurs Meaningful Economic Activities, it is worthwhile. Science and Technology started the Industrial Revolution. Science and Technology will once again propel the World into the new paradigm...
USA does not need more roads, bridges, airports, high speed trains or other mega infrastructures. Its GDP growth cannot come from such sectors and thus will be slower than that of China. But the new paradigm of lead-out energy flying saucers is a different story. Imagine the replacement of every car by flying saucers. How many trillions of Meaningful Economic Activity will be generated? Mega funds can be poured to generate unimagined GDP growth...
What happens if China were to disclose its UFO technology to the World first?
The most likely scenario is that China would have already successfully built thousands of Lead-out Energy Devices that use gravitational, electromagnetic or electron cloud energies. Some of these devices are flying saucers that can carry vast loads to space.
China will immediately be admired as the most innovative Nation in the World. The self confidence of the Nation will reach all time high. The Super Silicon Valley Mentality will reach all levels of society. China will then propose new international rules. RMB will be the preferred reserve currency. The GDP per capita will rise rapidly. Modern Cities using flying saucers as the main transport will rise...
Many Chinese men will seek foreign wives. The one child policy of the past led to this inevitable outcome. With the confidence and wealth, they will be successful in many Countries. They may even be the preferred husbands for some.
The flying saucer will take them anywhere on earth with ease. They will fly to the Moon and Mars in large numbers.
The knowledge will be eagerly learned by all Nations. The diagram in reply 1 will appear in all textbooks... These may all happen within the next few years.
USA will have no choice but to disclose its UFO technology also.
China will preach Love Thy Enemies. China will introduce new concepts such as Modern Wealth, Meaningful Economic Activities, Super Democracy etc. All Nations will listen. Nationalism will give way to World as One.
https://www.youtube.com/watch?v=3SteT4ht-4cOne comment - there are so many UFO sightings. Scientists no longer treat UFO believers as nuts. You raised a good question. Can humans build an UFO? Reply 1 in this thread cannot be dismissed as stupidity by any scientist...
A UFO video from China.
In the March 14 presentation, I emphasized that gravitational energy can be lead-out via the Milkovic 2SO. I asked the participants to study and restudy the video. Convince themselves that gravitational isIn the estimation of COP (Output energy / Input energy), there is some Output Energy. If the Input Energy is free (zero), any COP value is possible...
brought-in.
One comment just came:
1. First focus on the output up and down motion of the weight. The weight can come down to crash nuts. Thus there is real energy involved.
2. That up and down motion is caused by the swinging motion of the pendulum.
3. In the swinging motion, the vertical force on the pendulum side varies. The circular swinging motion produces centrifugal force. That varying centrifugal force is responsible for the up and down motion of the lever.
4. The supplied energy to maintain the swinging motion of the pendulum is used to overcome friction and air resistance of the pendulum. The valuup and down motion is "free" (brought-in automatically without supplying extra energy).
5. This free energy is used to produce the real energy of the weight to crash nuts...
If the Input Energy is free (zero), any COP value is possible...Both MUST be measured and presented.
Both MUST be measured and presented.
Role of Think Tank for the World.
One World, One Dream.
Which Think Tank will have that vision? Which Think Tank will go beyond its National Interests? Which Think Tank will not be influenced by funding? Which Think Tank will have the respect of the elite and the masses?
If the Think Tank can advocate the Lead-out Energy Paradigm...
If the Think Tank can design an UFO...
If the Think Tank can come up with 5 year plans for many developing nations...
If the Think Tank can give the glory and reward to others...
If the Think Tank has no power and no resources to implement any of the proposals...
Many have done experiments and replication of the Milkovic 2SO.I believe not. If so, where are the results?
Happy Easter to you all...Happy Easter to you as well. Getting a early start on it?
A Senior Citizen remarked. "If you can think, you are still valuable."I agree. Hope this world can start thinking better.
I believe not. If so, where are the results?
Easter is coming. The comments after the March 14 presentation include:
1. The Input Energy to the Milkovic two stage pendulum is to keep the pendulum swinging like another other pendulum system. It is used to overcome friction and air resistance. Many pendulum systems have efficiency close to 99%.
2. The up and down motion of the lever system is created from the varying centrifugal force of the pendulum. It is free.
3. This free energy is considered as the lead-out gravitational energy. It can cause the hammer-like weight to do work.
4. If gravitational energy can be lead-out or brought-in, magnetic or electromagnetic energy must be able to be brought-in.
That paper says that the modus operandi is the use of a "gravity shield". Where and what is it?
http://www.pureenergyblog.com/2013/08/28/1761/8502373_another-academic-paper-concluding-overunity-in-the-milkovic-two-stage-oscillator/ (http://www.pureenergyblog.com/2013/08/28/1761/8502373_another-academic-paper-concluding-overunity-in-the-milkovic-two-stage-oscillator/)
That paper says that the modus operandi is the use of a "gravity shield". Where and what is it?
Its not a new term; it, and the idea it represents, is as old as the hills. The paper you mentioned in post 441 says that it is the principle behind the development. Therefore, that paper should be discarded. And I ask again, where are the results?
There is no need to create a new term "gravity shield"...
Its not a new term; it, and the idea it represents, is as old as the hills. The paper you mentioned in post 441 says that it is the principle behind the development. Therefore, that paper should be discarded. And I ask again, where are the results?
http://www.overunityresearch.com/index.php?topic=2100.msg55223#msg55223 (http://www.overunityresearch.com/index.php?topic=2100.msg55223#msg55223).
The non-technical presentation with 21 slides.
We must have the new mindset - if we want to be rich, make others rich...
.
We have passed this way before. It didn't convince previously.
The youtube videos related to the water works project in China is worth watching. It is in Chinese. Search using the keywords "water Pulse". There are 8 videos.
I was specially interested in the seventh videio on how China cleaned up the polluted rivers and lakes.
It is technology, technology and technology.
But it also needed Government action and will to close down thousands of polluting industries - especially the paper manufacturing industries... China knows how to print money to relocate the many thousand individuals and Companies affected.
Lead-out energy is another technology.
Is it possible for a Country such as Ethiopia to develop and demonstrate a lead-out energy flying saucer?
1. Can Ethiopian Scientists replicate the Milkovic Two Stage Pendulum?
2. Can the Milkovic Two Stage Pendulum be firm enough to confirm the effect as seen in the Raymond Head Video 6?
3. Can the Ethiopian Scientists replicate the Chan Wheel to bring-in or lead-out more gravitational energy?
4. Can the Ethiopian Scientists do accurate scientific experimentsi to confirm that there is indeed lead-out gravitational energy?
5. Can the Ethiopian Scientists use magnets and coils to produce magnetic field to enhance performance?
6. Can the Ethiopian Scientists then create a QMOGEN with the unbalanced wheel as an enhancing component?
7. Can the Ethopian Scientists replace the unbalanced wheel with cylinder(s) to produce the Tsinghua University Energy Multiplier that can bring-in gravitational and electromagnetic energy to increase output energy 30 times?
8. Can the Ethiopian Scientists follow the design in reply 1 of this thread and produce a propulsion unit that can produce net thrust upwards?
9. Can the Ethiopian Scientists put multiple propulsion units together to produce a working lead-out energy flying saucer?
10. Will the Ethiopian Government and people support their scientists?
11. Will that boost the self-confidence of Ethiopia and the African Nations?
12. Will the USA or Chinese Government stop that?
China produced the Nanjing UFO in Aug 2006 - a few months after Lee Cheung Kin and Lawrence Tseung presented the Lead-out Energy theory at Tsinghua University...
Can Nation X do it???
...When every family is energy independent; has equal access to knowledge and technology; has abundance of food and material wealth...I think that happens in the after-life, not in this one. As part of the food chain, it's in our nature to keep down those that we can, and to use what we can for our own benefit, oblivious and ignorant to the ill effects that has on everyone, including those with the so called power.
The new way for a Nation to get rich is to get other Nations rich at the same time...Perhaps nations need to learn how to be more productive with being less rich. The USA in all our moral talk is one of the worst polluters on the planet. We export petcoke, one of the dirtiest fuels, to other countries to burn. Out of sight, out of mind, except for the record smog being seen in some of those countries.
With the Lead-out Energy Flying Saucer, Humans will be able to join the Aliens in exploring space...
Lee: "I like the part that a Nation no longer needs to conquer, colonize or enslave other Nations to get rich."
The New Philosophy of Wealth of Nations.
The new way for a Nation to get rich is to get other Nations rich at the same time. This is very different from the old evil way of conquest, colonization and slavery. Can this new philosophy take hold?
The weapons of mass destruction are horrifying. We are going to have the means of delivering them in the form of the Lead-out Energy Flying Saucers. If hatred or revenge were present in the hearts of some men, they might contemplate destroying the World including themselves. We have seen suicide bombers.
Do Humans need an external enemy like Aliens to unite and prosper together?
Many Developing Nations, in particular the African Nations, look at the Chinese Economic Model and ask: “Can we learn from it?” China is playing a new win-win role in providing loans, building infrastructures and ignoring politics. China is actually practicing the new philosophy of getting other Nations rich so that it will get rich.
When a Nation has developed a significant number of infrastructures such as roads, bridges, trains etc., it makes no sense to build roads leading to nowhere. If a Nation has achieved food security, it makes no sense to put more food in warehouses to rot. If a Nation has manufactured excess electrical appliances, it makes no sense to produce more. The GDP will automatically slow down. The Nation is said to be developed. China aims higher. China wants to maintain high GDP and technology growth.
One way for China to keep increasing its GDP and maintaining a high level of meaningful economic activities is to trade. In trade, China needs other Nations to be wealthy to sustain and expand the trade. Thus it makes sense for China to help African Nations to get rich. One way is to help to develop the global view and the necessary infrastructures. The infrastructures include modern agriculture to ensure food security; building dams for irrigation and electricity; roads, bridges and trains to facilitate transport; building modern cities with the Internet structures, the housing, the hospitals, the schools and the recreational facilities. It is government planning at its best.
The Deng policy of letting some to get rich first worked wonders for China. The successful entrepreneurs inspired the rest. The creativity and innovation spirits of the average citizen is stimulated. “If he can do it, I can do it also.”
China is getting good at this game with its many five year plans. It acquired and learned much technology, technology and technology. It also learned to increase the money supply wisely. It has developed the self-confidence that any problem can be solved if it is identified. Successes with Special Economic Zones, Loess Plateau, Three Gorges Dam, 2008 Olympics, Transporting water from South to North and the Lunar Landing etc. reinforced that self-confidence. If there is no lack of capital, no lack of labor force, no lack of technology, any Developing Nation can use the Chinese Model to get developed within a generation. Ethiopia is likely to be such an example.
The new development getting our attention is – can UFO be man-made? Have USA and China built them? What is stopping USA and China from introducing such a technology to benefit the World?
There is the unspoken fear from the West – will a rising power repeat the evil act of conquest, colonization and slavery? Will the rising power take the land and resources just like the West did in the past? Are there Aliens that are scientifically much more advanced? What happens if they want to take over the resources of the Earth?
Movies such Independence Day mentioned the possibility of such a scenario. However, there are few movies or books written to explain the win-win philosophy of getting other Nations rich so that one can get rich. Many Developed Countries view African Nations as a group to be pitied. There will always be tribal conflicts, war and famine. They will maintain substance farming and wait to be exploited. They suggest China is just another Colonialist stealing the resources of Africa. Many point to the Bible and claim that nuclear war is inevitable…
With the Lead-out Energy Flying Saucer, Humans will be able to join the Aliens in exploring space. All Humans can enjoy the right of good health care, adequate food, clean water and energy, education and opportunity to be the best he can be. The West focused much on Freedom of Speech. With the Internet, Government Censorship is getting more and more difficult. Concepts such Mutual Credits, Meaningful Economic Activities, Super Democracy, win-win, World as One etc will emerge. Will humans respect one another? Will humans destroy one another with hatred and memory of the past?
Will Humans turn enemies into brothers and sisters?
Went to a seminar. The topic was: some seemingly small thoughts can change the World.
Trying to apply this philosophy to my own understanding.
1. Gravitational energy can be led-out.
2. UFO can be man-made.
3. A Country must increase its money supply for its citizens to be wealthy.
4. The way for a Country to get rich is to get other Countries rich.
5. Knowledge has the property that the more you give away, the more you will maintain.
6. Love Thy Enemies. Turn them into brothers and sisters.
Went to a seminar. The topic was: some seemingly small thoughts can change the World.
Trying to apply this philosophy to my own understanding.
1. Gravitational energy can be led-out.
2. UFO can be man-made.
3. A Country must increase its money supply for its citizens to be wealthy.
4. The way for a Country to get rich is to get other Countries rich.
5. Knowledge has the property that the more you give away, the more you will maintain.
6. Love Thy Enemies. Turn them into brothers and sisters.
Role of Think Tank for the World.
One World, One Dream.
Which Think Tank will have that vision? Which Think Tank will go beyond its National Interests? Which Think Tank will not be influenced by funding? Which Think Tank will have the respect of the elite and the masses?
If the Think Tank can advocate the Lead-out Energy Paradigm...
If the Think Tank can design an UFO...
If the Think Tank can come up with 5 year plans for many developing nations...
If the Think Tank can give the glory and reward to others...
If the Think Tank has no power and no resources to implement any of the proposals...
Hi TSEUNG, what type of fish is this fish i you pic...Keep up your great work..I guest you have seen mr skinner gravity machine energy amplifier..https://www.youtube.com/watch?v=rxIRaJlTD4Y&feature=youtu.be
i believe that this is the machine we should all be working on . this could be easily replicated in china.maybe you can find out it would cost to replicate it then we will do a group financing of it..
I am from praslin island seychelles right in the middle of the indian ocean..the fish in my pics is a travally ..
sad news though all the coral is bleaching white and die here ..all to do the the global warming which is too much energy absorbed by the oceans..sea water is too hot 28 *c..
"If the lead-out energy flying saucer were developed in Seychelles, what will happen..."
Well it seems if you had an antigrav vehicle you would constantly be pursued by fighter jets...
Praslin is the second largest island (38.5 km2) of the Seychelles, lying 44 km (27 mi) northeast of Mahé. Praslin has a population of around 7,533 people and comprises two administrative districts: Baie Sainte Anne and Grand' Anse. The main settlements are the Baie Ste Anne, Anse Volbert and Grand' Anse.
Apparently, the main income is from tourism.
If the lead-out energy flying saucer were developed in Seychelles, what will happen...
Let us put on the global think tank hat and see what can be done.In 1971, with the opening of Seychelles International Airport, tourism became a significant industry, essentially dividing the economy into plantations and tourism. The tourism sector paid better, and the plantation economy could only expand so far. The plantation sector of the economy declined in prominence, and tourism became the primary industry of Seychelles.
1. Seychelles has a small population of less than 100,000. It has over 110 islands. The GDP per capita is over USD24,000. That is higher than that of China.
2. It is very tempting to sit back and enjoy a relaxing life style. Food security is assured with the abundance of natural resource especially seafood. Let the tourism income provide other resources not produced locally.
3. In this Internet World, the population will be exposed to the outside. How should a think tank advise them to interact?
4. The computer systems can provide remote monitoring. For example, a manager in a MacDonald restaurant can check on-line the state of the business. Some organizations also have webcam type devices to see the actual happenings. Can Seychelles work with other International Chains to co-invest and manage different businesses?
5. Will Mutual Credit arrangements with China or other Nations help? Any chance of turning Seychelles into a special conference center for some events? Can the academics work with other Universities to do staff and student exchanges?Tra
6. Any chance of working on Lead-out Energy Flying Saucers?
***travelling between Islands on Flying Saucers is easy. Is it worth the investigation effort?
Role of Think Tank for the World.
One World, One Dream.
Which Think Tank will have that vision?
Which Think Tank will go beyond its National Interests?
Which Think Tank will not be influenced by funding?
Which Think Tank will have the respect of the elite and the masses?
If the Think Tank can advocate the Lead-out Energy Paradigm...
If the Think Tank can design an UFO...
If the Think Tank can come up with 5 year plans for many developing nations...
If the Think Tank can give the glory and reward to others...
If the Think Tank has no power and no resources to implement any of the proposals...
i will chip in 100 us dollars..
ufo newshttps://www.youtube.com/watch?v=_4Q20tz8iDw
https://www.youtube.com/watch?v=rKmwcvsELpc
https://www.youtube.com/watch?v=_4Q20tz8iDwCan the UFO be Russian built?
If China already mastered the UFO technology, Will USA and Russia be far behind? The design in reply 1 of this thread is simple. The magnet coil repulsion waveform indicated lead-out energy. Fung wheel is rotating.
No more enemies. No more conquests...
The Bill Fung Project Update.
Co-ordination from Senior Citizens not perfect.
1. Design done (reply 1 of this thread)
2. Vertical repulsion of magnet by coil done.
3. Waveform at leading edge of the pulse showed positive Current and Negative Voltage. This indicates plausible lead-out energy.(see pdf)
4. Circular motor on Unbalanced Wheel can be maintained if properly pulsed.
Theory correctly pointed to right direction. More engineering needed.
pulsing control can be achieved via
1. reed switch as in Newman motor
2. proximity switch as in Tong wheel
3. optical sensor as proposed in Fung wheel.
The cost of such switches are in the order of a few US dollars. They should provide more reliable performance than humans. DSO results will be more accurate.
Top Chinese, US or Russian scientists can do better... Have they built UFOs?
The initial research cost of UFO is thousands of dollars. The benefits are in trillions. Does it make sense for a Nation to invest in such a technology?
The Physics is clear. Can the engineering difficulties be overcome?
Discussion with an Engineer.Engineer: “The Bill Fung project is doomed to fail. The construction will not stand the high rpm. You need at least 800 rpm to show the difference in centrifugal force. The unbalanced weight is the magnet that has insufficient mass. The diameter of the wheel is too small.”
1. A simple pendulum needs to overcome air resistance and the friction at the pivot. That can be very small. We can easily achieve 99% efficiency.
2. If the simple pendulum is connected to a seesaw in the Milkovic 2SO fashion, the up and down motion of the weight is automatically maintained.
3. The maintaining of the up and down motion is NOT via static forces but via the centrifugal force. Please study the Raymond Head video 6 very carefully. The weight is lifted twice for every finger push.
4. The centrifugal force mechanism is "free" by the pendulum swinging motion. So long as the pendulum swinging motion is maintained, the up and down motion of the weight is also maintained.
5. The up and down motion of the weight can be used to do work - such as producing the loud bang, crash nuts or pump water. In the Raymond Head video, the pendulum swings back almost to its original position. The up and down motion of the weight produced the loud bang and must have done some work.
6. One possible explanation is that gravitational energy has been led-out in the process.
7. The simple pendulum is not very efficient as the energy led-out is occurs at the highest centrifugal force position. Or when the pendulum bob is at the lowest position.
8. We can improve the Milkovic 2SO by replacing the pendulum with an unbalanced wheel - the Chan wheel. The rotational speed can be increased and more gravitational energy can be led-in.
9. We can further improve the Chan Wheel with Cylinder. A Cylinder can be thought of as many wheels put together side-by-side.
10. We can further improve the mechanism via leading out of electromagnetic energy. A ferromagnetic magnetic material can be thought of as many tiny magnets arranged in random when there is no electric current. If DC current is passed, these tiny magnets can be aligned to produce a large magnetic field.
11. The Tsinghua University Energy Multiplier leads out both gravitational and electromagnetic energy. The Output can be 30 times Input.
12. UFOs are flying. Some of these UFOs are made in China or in USA.
https://www.youtube.com/watch?v=EQG4YDqwWD0
Reed switch tutorial
Itseung, I didn't get it. What is so special on pulse motor?? It looks like Adam's motor. Why don't you put just hall sensor and let it go. And on the scope just BEMF :)
What you refer to as BEMF can be treated as the negative energy. In my terminology, it represents the Lead-out energy. The full pulse represents the energy supplied. That pulse can be shortened. The BEMF can be increased both in magnitude and duration. It can be changed by varying supplied current, magnet, shape, etc.
The DSO display and analysis is of great help to the engineering improvements. We are not just interested in rotating the wheel. We want to get the shortest pulse and the best BEMF.
http://overunity.com/16645/reviewing-pulse-motor-circuit-ideas-and-theory/msg485820/#msg485820
The above thread is worth reading.
Fung Wheel placed horizontally.
Negative voltage approximately one third less.
In our configuration, one third of lead-out energy is due to gravity. Two thirds electromagnetic...
Fung Wheel placed horizontally.
Negative voltage approximately one third less.
In our configuration, one third of lead-out energy is due to gravity. Two thirds electromagnetic...
Fung Wheel placed horizontally.
Negative voltage approximately one third less.
In our configuration, one third of lead-out energy is due to gravity. Two thirds electromagnetic...
One comment:
If you can use gravitational energy continuously, you are effectively tapping into the essence of the Universe. The entire universe has masses of different sizes. They attract each other. We, the Earth, the Sun are all attracted by other bodies from all sides. We are effectively immersed in a sea of gravitational forces. We are being pulled from all sides. If the pull on one side is greater, the force can do work or provide energy.
What you are claiming is that the Milkovic 2SO can already use such energy. UFO technology is not all that difficult. The seesaw action of the Milkovic 2SO brings the unbalanced forces and energy into the system. If the pendulum is replaced by an unbalanced wheel, the efficiency will be much higher.
If gravitational energy can be utilized this way, magnetic or electromagnetic energy can be brought in via magnetic pendulums or unbalanced magnetic wheels.
If it is this simple, why are we not seeing products...
Brainstorming session on Lead-out Energy Flying Saucer
Principle behind Brainstorming:
1. Let every idea have a chance no matter how crazy it seems.
2. When an idea is selected for discussion, first, everyone must support. Then everyone must object.
3. Senior managers must not throw their weight behind any idea. Some ideas can be randomly picked up from a pile of suggestion papers.
Some ideas that came up in the first brainstorm session.
1. Get North Korea to build an UFO.
2. Link FLEET to Powerwall.
3. Help an African Nation to demonstrate an UFO.
4. Heavily Promote the Negative Energy BEMF.
5. Challenge the academics.
5. Challenge the Academics
The first example was the issue of increasing the money supply. If China does not increase its money supply, how can the Chinese people be wealthy?”
5. Challenge the academics.
2. We can continuously bring-in gravitational energy as demonstrated by the Milkovic 2SO.
it is very easy :
1) you can proof OU with the Milkovic 2SO
2) there no selfrunner because the Milkovic 2SO is under 50% efficient
1. The normal pendulum can be 99% efficient.
no the normal pendulum is 60% efficient.
and the 2SO is 0.6 x 0.6 under 50% efficient.
do you have a selfrunner ?
We can see and measure such energy and the additional electromagnetic energy on the oscilloscope when we replace the pendulum with the unbalanced wheel and the pushing of the pendulum with the electric pulsing. That is the Fung Wheel.
Brainstorming session on Lead-out Energy Flying Saucer
Principle behind Brainstorming:
1. Let every idea have a chance no matter how crazy it seems.
2. When an idea is selected for discussion, first, everyone must support. Then everyone must object.
3. Senior managers must not throw their weight behind any idea. Some ideas can be randomly picked up from a pile of suggestion papers.
Some ideas that came up in the first brainstorm session.
1. Get North Korea to build an UFO.
2. Link FLEET to Powerwall.
3. Help an African Nation to demonstrate an UFO.
4. Heavily Promote the Negative Energy BEMF.
5. Challenge the academics.
6. Find the 225 HP Pulse Motor and promote.
7. Find the Tsinghua Energy Multiplier and promote.
8. Find the Wang magnetic motor and promote.
9. Find the Laing car and promote.
*** The detailed discussions will also be available in reply 72
http://www.overunityresearch.com/index.php?topic=2100.msg55786#msg55786
I have moderator privileges there and making changes are easier.
The UFO technology effectively leads-out inexhaustible gravitational and electromagnetic energy. Going to outer space is no longer a problem.
*** With UFO technology, National Borders will eventually fade and disappear. But people's emotions are not that far sighted. World as One will take time. But we should promote , promote and promote.
http://www.overunityresearch.com/index.php?topic=2100.msg56134#msg56134
How good is the UFO technology of USA?
How good is the UFO technology of China?
Both knew the Lead-out energy theory. Both knew the 225 HP Pulse Motor. Both knew the Tsinghua University Energy Multiplier in 2006.
USA granted the Jesse McQueen QMOGEN patent China had the Nanjing UFO. UFO sightings and videos by multiple parties have been non-exciting news.
There is no doubt that both have some form of UFO technology. But how well advanced are the developments???
*** USA knows that it can wipe out the hard earned respect of many Nations towards China by raising and escalating border disputes. How should China react? Can China show and share the UFO technology???
Or should China continue the path of building more roads, bridges, high speed trains and ensure that every citizen is better educated and moderately wealthy. The UFO technology effectively leads-out inexhaustible gravitational and electromagnetic energy. Going to outer space is no longer a problem.
*** With UFO technology, National Borders will eventually fade and disappear. But people's emotions are not that far sighted. World as One will take time. But we should promote , promote and promote.
http://www.overunityresearch.com/index.php?topic=2100.msg56134#msg56134
How good is the UFO technology of USA?
How good is the UFO technology of China?
Both knew the Lead-out energy theory. Both knew the 225 HP Pulse Motor. Both knew the Tsinghua University Energy Multiplier in 2006.
USA granted the Jesse McQueen QMOGEN patent China had the Nanjing UFO. UFO sightings and videos by multiple parties have been non-exciting news.
There is no doubt that both have some form of UFO technology. But how well advanced are the developments???
*** USA knows that it can wipe out the hard earned respect of many Nations towards China by raising and escalating border disputes. How should China react? Can China show and share the UFO technology???
Or should China continue the path of building more roads, bridges, high speed trains and ensure that every citizen is better educated and moderately wealthy. The UFO technology effectively leads-out inexhaustible gravitational and electromagnetic energy. Going to outer space is no longer a problem.
*** With UFO technology, National Borders will eventually fade and disappear. But people's emotions are not that far sighted. World as One will take time. But we should promote , promote and promote.
https://www.youtube.com/watch?v=1mxUZjRPZqk
The above is the cartoon style of explaining the complex Thirteenth Five Year Plan Goals.
In short, Government money (printed if necessary) will first flow to ensure every family have electricity, clean water, food on the table, compulsory education for the young, social security for the old and sick.
The money will not come from higher taxes. The recently Rich do not need to worry about Government redistributing their wealth. Government must print more money for its citizens to get wealthy. If the Government does not print money, person A getting wealthy will mean person B getting poor.
The previous 5 year plans focused on pumping money to build infrastructures, building factories etc. The thirteenth 5 year plan is to put money and resources to ensure that there will no longer be "poverty" in China. Every remote village will have electrical power. Internet will be available to every citizen.
Does that mean that every Chinese will know the ufo technology?
In previous Five Year Plans, the focus was on pumping money to build infrastructures, building factories etc. In other words, the increased money supply went to those who could produce more visible wealth. Many became millionaires or billionaires. This helped to strengthen the work ethics and ignites the dreams.
Since a Government must increase the money supply to make its citizens wealthy, there is no need to redistribute the existing wealth. In other words, there is no need to increase taxes on the relatively wealthy to give to the poor.
There was virtually no opposition with such an approach from the existing stake holders in China. In USA or other democratic Nations, there would be voices of objection.
In Hong Kong, we often hear the argument that such an approach will lead to laziness. The Rich benefited from "increased money" flow to their pockets first. The Rich (bankers, developers, investors, lawyers etc.) want the money to continue to trickle down through their fingers first. They are the Power...
The Communist Party is the Power in China. I disagree with some of their policies but this time, I agree with them. Much of the new supplied money should go to the underprivileged. The 70 million below the poverty line should get the lion's share this time. Can China achieve this by 2020? Will the China Speed or Miracle prevail once more?
I hope to contribute the ufo technology before going to my grave...
A seemingly stupid question from a senior citizen.
Will China ever fall back to the under-developed status again?
Will any developed Nation ever fall back to declining economy and falling standards of living? Will there be hunger, famine or sufferings from natural disasters again?
After a Nation has mastered food technology; manufacturing techniques; Economic forecasts; Internet commerce; built infrastructures etc...
Wars, Alien Invasions, diseases, Climate changes... The most likely is Humans destroying each other.
Love Thy Enemies. Turn them into Brothers and Sisters.
A seemingly stupid question from a senior citizen.
Will China ever fall back to the under-developed status again?
Will any developed Nation ever fall back to declining economy and falling standards of living? Will there be hunger, famine or sufferings from natural disasters again?
After a Nation has mastered food technology; manufacturing techniques; Economic forecasts; Internet commerce; built infrastructures etc...
Wars, Alien Invasions, diseases, Climate changes... The most likely is Humans destroying each other.
Love Thy Enemies. Turn them into Brothers and Sisters.
*** Logical Question from any developing nation:
It took China 30 or so years to become Developed. How long will it take my Nation with Internet and Modern Technology?
Will it take even less with UFO technology?
http://www.msn.com/en-us/news/world/ap-exclusive-north-korea-hopes-to-plant-flag-on-the-moon/ar-BBvePu4?li=BBmkt5R&ocid=spartandhp (http://www.msn.com/en-us/news/world/ap-exclusive-north-korea-hopes-to-plant-flag-on-the-moon/ar-BBvePu4?li=BBmkt5R&ocid=spartandhp)
Will North Korea examine the ufo technology?
*** China produced the Nanjing UFO a few months after our presenting the Lee-Tseung theory in 2006. If North Korea can use this new ufo technology to land on the moon, will they do so?
Will the rest of the World follow?
OLYMPICS 2016 is here.
Different sports have their different rules. But the spirit of showing ones best is the same. UFO technology is here. There are many applications. Let the World compete...
One rule is likely to be the same. Every individual would like to have a better standard of living.
The collective rule is that such must not be built on the sufferings of others.
1. Can North Korea reproduce the Milkovic two stage pendulum?what do you mean?
what do you mean?
and that where is this pendulum?
the man claims that this over-unity device?
And you,as well.
I know it while several years.
Milkovich said in the old video that is not there overunity.
https://www.youtube.com/watch?v=W0YthcyL-qc&list=PLYG8vFcMYIaIlscXsnAEHea7cyiEaQxq1 (https://www.youtube.com/watch?v=W0YthcyL-qc&list=PLYG8vFcMYIaIlscXsnAEHea7cyiEaQxq1)
This TV series on how people get rich have great impact in China. Communists encourage people to get rich.
Many are University Graduates acting as special Village Officials to show how wealth can be generated. These Graduates can become millionaires in RMB terms with the blessing and help of the Government. The best way to get someone out of poverty is to have people around them making it.
The aim is to remove poverty by 2020. At the beginning of 2016, there were still 70 million Chinese below the poverty line. The Graduates must formulate a plan for each poor family to get them out of poverty. They are more than social workers. They are wealth generators...
Follow the nature. 8)
https://www.youtube.com/watch?v=W0YthcyL-qc&list=PLYG8vFcMYIaIlscXsnAEHea7cyiEaQxq1 (https://www.youtube.com/watch?v=W0YthcyL-qc&list=PLYG8vFcMYIaIlscXsnAEHea7cyiEaQxq1)
This TV series on how people get rich have great impact in China. Communists encourage people to get rich.
Many are University Graduates acting as special Village Officials to show how wealth can be generated. These Graduates can become millionaires in RMB terms with the blessing and help of the Government. The best way to get someone out of poverty is to have people around them making it.
The aim is to remove poverty by 2020. At the beginning of 2016, there were still 70 million Chinese below the poverty line. The Graduates must formulate a plan for each poor family to get them out of poverty. They are more than social workers. They are wealth generators...
A developed country, industrialized country, or "more economically developed country" (MEDC), is a sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less industrialized nations. Most commonly, the criteria for evaluating the degree of economic development are gross domestic product (GDP), gross national product (GNP), the per capita income, level of industrialization, amount of widespread infrastructure and general standard of living.[1] Which criteria are to be used and which countries can be classified as being developed are subjects of debate.
Developed countries have post-industrial economies, meaning the service sector provides more wealth than the industrial sector. They are contrasted with developing countries, which are in the process of industrialization, or undeveloped countries, which are pre-industrial and almost entirely agrarian. As of 2015, advanced economies comprise 60.8% of global GDP based on nominal values and 42.9% of global GDP based on purchasing-power parity (PPP) according to the International Monetary Fund.[2] In 2015, the ten largest advanced economies by GDP in both nominal and PPP terms were Australia, Canada, France, Germany, Italy, Japan, South Korea, Spain, the United Kingdom, and the United States.[3]
With modern knowhow, how long would it take an undeveloped country to become developed? If a developed country pours its resources to help, would the time be shortened?
The Undeveloped Nation must have the will to become developed. A coach may have the best skills and intention to train but the athletes must be willing to learn and endure the pain. A fisherman may be wiling to pass the skills but the other side must have the interest to learn...
China won the Gold Medal of Women Volleyball at the RIO Olympics. That was one of the biggest moments in China. The TV live broadcast reached 70%. The emotions were high.
How can a few girls hitting the ball have such an impact?
The World has changed. The days of pleasing the Kings and Emperors were gone. The days of Conquest, Slavery and Colonialization were gone. Internet has given every Nation and every individual access to knowledge. Globalization is allowing the movement of goods and people to every corner of the Earth. Every Individual can express and share his feelings and thoughts.
The Volleyball Competition shows the spirit of the New World - fair competition with the best talents of the World. The support given to one's National Team and the appreciation of the talents of the other National Teams are all trends to be praised.
UFO technology will make Earth seem smaller. All will be better with sharing and appreciation of others.
The Silicon Valley Mentality.
There are five major characteristics of this Mentality.
1. Whatever we want to achieve, or have already achieved, is only third class. We have to turn it into second or first class. When we pass the thing to you, you should treat that as only third class and seek to improve it to second or first class. When you pass it back to us, we shall treat it as third class again. This Mentality will cause us to become better and better.
2. When a problem is passed to us, either we crack the problem or the problem cracks us. This Mentality causes us to concentrate and overcome all possible obstacles.
3. We are the Gods. We can change or make any new rule. This Mentality will force us to think outside the box. We will not be bounded by past experience or traditions.
4. We shall not find excuses for our failures. If we disclose our failures, the World can learn and benefit from our failures. In the innovative society, we shall do many things which our predecessors have never done before. This Mentality helps us to face challenges. We shall not fear the possibility of failure.
5. Finally, if there is something we do not know now, we shall know it tomorrow. The internet has brought the World Libraries to us. This Mentality helps us to overcome the doubts created by our own limitations. We do not need to worry about anything.
Note the word WE... The hard earned knowledge is to be shared.
What will happen when the last 70 million Chinese have been raised above the poverty line before 2020?
1. Will China still have 5 year plans and grow the GDP faster than the other Developed Nations? Singapore continues with its state Capitalism and five year plans.
2. Will China devote more resources to Education, Medicine, Social Services and improve the "quality of life"? Will the rich get richer but the poor also gets richer? Will the increased money supply flow to all levels of society or will it be controlled by the Privileged? Will all have good food, clothes, homes, education, medication, travel and opportunities?
3. Will China introduce the concepts of Mutual Credits, Modern Wealth and help other Undeveloped or Developing Nations Developed? The best way to become rich and remain rich is to get others rich. Will there be enough food for every person on Earth?
4. When there is less urgent need for Infrastructure Projects, where should China focus its energy? Will the Internet Discussions help to guide China along the right path? Will other Developing Nations learn and follow the Chinese Development Model? Somehow, the Racial Problem in USA is getting worse. Can China prevent such problems?
5. Will China disclose the UFO technology? Will the Chinese citizens be innovative enough to take advantage of such technologies? Will the UFO technology be used to benefit the World?
6. Will there be more International Respect; more Globalization, more Inter-racial marriages and Olympics type of friendly competitions? Will the National Border Disputes prevent harmony?
The Silicon Mentality guides us to become better and better. The Olympics Spirit challenges us to become faster, stronger, jump higher and better...
What will happen when the last 70 million Chinese have been raised above the poverty line before 2020?The UFO technology can potentially replace the family car. The lead-out Energy Flying Saucer enables new degree of travel.
5. Will China disclose the UFO technology? Will the Chinese citizens be innovative enough to take advantage of such technologies? Will the UFO technology be used to benefit the World?
What are the new mindsets of the Chinese when China becomes developed by 2020?
1. Some people will be paid not to produce. In some areas, growing food or raising animals will harm the environment more. It is better to have the local inhabitants "conserve" the land. Thus providing them with food and move them away from farming is good and necessary. It is NOT making them lazy.
2. The best way to get others follow is via success. The new type of Village Officials dedicated to showing villagers how to get rich is important. These Officials are encouraged to get rich first via their knowledge of Internet, scientific training and support from the Government. Their getting rich will provide examples for the Villagers. It is a very good way to develop the entire economy.
3. Government must increase the supply of money to get its citizens wealthy. There is no need to heavily tax the rich to give to the poor. The rich can get richer and grow the pie bigger. The poor can get richer also with more share in the growing pie.
4. When there is plenty of food, growing more will become less meaningful. When there are excess industrial products, producing more will become less meaningful. When there are sufficient infrastructures, building more will become less meaningful. The focus will be improving the "quality of life" or defining New Meaningful Economic Activities.
5. The best way of getting rich and remaining rich is to get others rich. This applies to Nations as well. Thus Mutual Credits that provide win-win and sharing of knowledge must be encouraged. Open and fair competition will be good for all.
6. Wealth of Nations is technology, technology and technology. The old days of conquest, colonialization and enslaving others are over. There is no need to please the Kings and Emperors. There will be no need to please the rich and powerful. All can enjoy a much higher standard of living. UFO technology is here.
What will happen when the last 70 million Chinese have been raised above the poverty line before 2020?
1. Will China still have 5 year plans and grow the GDP faster than the other Developed Nations? Singapore continues with its state Capitalism and five year plans.
2. Will China devote more resources to Education, Medicine, Social Services and improve the "quality of life"? Will the rich get richer but the poor also gets richer? Will the increased money supply flow to all levels of society or will it be controlled by the Privileged? Will all have good food, clothes, homes, education, medication, travel and opportunities?
3. Will China introduce the concepts of Mutual Credits, Modern Wealth and help other Undeveloped or Developing Nations Developed? The best way to become rich and remain rich is to get others rich. Will there be enough food for every person on Earth?
4. When there is less urgent need for Infrastructure Projects, where should China focus its energy? Will the Internet Discussions help to guide China along the right path? Will other Developing Nations learn and follow the Chinese Development Model? Somehow, the Racial Problem in USA is getting worse. Can China prevent such problems?
5. Will China disclose the UFO technology? Will the Chinese citizens be innovative enough to take advantage of such technologies? Will the UFO technology be used to benefit the World?
6. Will there be more International Respect; more Globalization, more Inter-racial marriages and Olympics type of friendly competitions? Will the National Border Disputes prevent harmony?
The Silicon Mentality guides us to become better and better. The Olympics Spirit challenges us to become faster, stronger, jump higher and better...
Attended a meeting with many educators.
One complain was that the Politicians in Hong Kong lacked training.
One suggestion is to set up a website dedicated to the training of future Politicians in Hong Kong.
@ Itseung88 and all people who think they have a solution:
Like many I am worried by the conflicts and problems all over the earth (160 million refugees, pollution, loss of jobs because of computer technology and automation).
There are many political and economic opinions and religions all offering various and contradicting solutions which all seem to be impossible.
After many years of reading countless books and articles and having visited all political parties in my home country and some in other EU-countries and even mingling with NGOs, I came to the following conclusion:
THE SOURCE OF MOST PROBLEMS IS OVER POPULATION! Therefore, reduce the population of earth to a third or even less, and most problems will go away.
There is no need to kill people, just introduce birth control. If all families have at most two children, the population will start to shrink rapidly (within three generations).
Yes, it is a simplistic view and the biggest enemies of this view are all people who want economic growth (which only can happen as long as there is population growth). And also the financial market (banks, loans, stock market) needs economic growth and therefore population growth.
So, if you want a solution (which is population reduction) you have to abandon the financial market and economic growth.
And after having said all that I already hear the protests of the readers (who believe in the financial market and in economic growth).
Greetings, Conrad
Japan is an example of negative population growth. It will have a chance to showcase its development in 2020 Olympics..
Japan is an interesting case, you are right.
I spoke at length with people who have been there in June. Everything is clean and well organised, even the public transport. Everywhere you go, there are enough employees to render a good service.
The most interesting thing: the government does not care about the deficit. This indicates to me, that they plan to eventually write off all public debt. This has very little impact on the general population if you nationalise the banking sector and write off private debt as well.
The question is, can they pull it off without intervention from the rest of the world.
We will see.
The other case is China. They also have built up an enormous amount of debt. But because the banks there are not really private they can write off secretly any debt they want.
I suspect, that the USA and Europe have to do the same in principle. No country can pay back the debt it built up in the last thirty years.
I could go on endlessly about this subject, but this is not the right forum.
Greetings, Conrad
Japan is an interesting case, you are right.
I spoke at length with people who have been there in June. Everything is clean and well organised, even the public transport. Everywhere you go, there are enough employees to render a good service.
The most interesting thing: the government does not care about the deficit. This indicates to me, that they plan to eventually write off all public debt. This has very little impact on the general population if you nationalise the banking sector and write off private debt as well.
The question is, can they pull it off without intervention from the rest of the world.
We will see.
The other case is China. They also have built up an enormous amount of debt. But because the banks there are not really private they can write off secretly any debt they want.
I suspect, that the USA and Europe have to do the same in principle. No country can pay back the debt it built up in the last thirty years.
I could go on endlessly about this subject, but this is not the right forum.
Greetings, Conrad
I suspect, that the USA and Europe have to do the same in principle. No country can pay back the debt it built up in the last thirty years.
You are touching on the new economics. Capital is no longer a scare resource.
Chinese Government or consulting groups are talking about a bold scheme in relation to the plans after 2020. By 2020, all Chinese should have risen above the poverty line as defined by United Nations. One suggestion is to raise the standard of living of all minorities faster than the General Population. They have been lacking behind for a long time.
Itseung888 wrote: We need a new understanding of debt - especially Government Debt.
...
(Remark: It is quite difficault to understand debt because the literature and the wisdom presented at universities are very confusing and contradicting. You have to read and understand a lot before your own judgment can set in. Most experts are self serving and of little help. And then there is too much conspiracy nonsense clouding everything. But relax, you do not want to know the truth anyway, it is too unsettling.)
...
Greetings, Conrad
Some people claimed to understand debt for over 5000 years but do they understand Mutual Credits???
There are some good ideas to turn debt into something more just or social (like your Mutual Credit).
My argument is, that debt as a "power projection tool" or "govern the people tool" is the form of debt which is always re-invented by every culture or social system.
So, your nice Mutual Credit might be something good, but it is not wanted by the powers to be. The powerful always invent a debt system which keeps people in line (like the debt system we have right now).
To invent a "good debt system" is like the wish to turn all people into good people. A good "debt system" is like the wish to end war. It is like the wish to create "a good army, a good police, good judges, just wages, and so on".
We have the debt system we deserve!
Greetings, Conrad
5. When USA and China reveal the UFO technology, there will be a new paradigm...
The latest presentation file.
We realized that it was impossible to do the technical development in Hong Kong. It is better to present what we know now and let other groups more appropriate to develop it.
We realized that it is impossible to get reliable information.
It is better to let other groups more appropriate to verify such information.
Greetings, Conrad
China Ghost City Problem.
I was listening to two economists arguing the real Estate problem in China.
Economist 1: "China has many Ghost Cities. There will be a bubble burst."
Economist 2: "With State Capitalism, China can just let the Ghost Cities stand, It is like overproducing tomatoes. One way is to cut prices and affect all growers. Another way is to keep prices relatively stable and plough the tomatoes back."
Economist 1:"But many builders borrow money from Banks. They have no means to pay back."
Economist 2:"Money from Banks were created from thin air. The loans can be written off into thin air. State Capitalism can do that..."
Property owners can rent to Government. Government can turn the properties to low income housing without building too many low income housing itself. The rents paid to property owners can be more than rents received. The justification is that Governments saved on building construction.
The policy makers in China have more powerful tools than those in the average Developed Nation.
https://www.youtube.com/watch?v=afKs8FZSVos&list=PL6I_7XXA2os4IXe7rn8F6GJx2LV5WDeD9
Chinese Orators
The TV series promoted some great speakers. They can inspire.
The Chinese Miracle lies in the attitude of its people. The percentage believing that they are going to have a better future is greater than 50%. We enjoy the Olympics because we see that the athletes exert their very best. The Media under State Capitalism try to project a positive image. The free Press under democracy often attack the government and send out negative energy.
Can China Maintain a fast pace of development after 2020? Will the Chinese people propose new meaningful economic activities beyond 2020?
The Chinese version of Globalization relies on mutual respect and growth of a bigger pie... Love thy enemies. Improve and share the technology - including the UFO technology.
https://www.youtube.com/watch?v=uJ6uaJdG1Rg
Middle Income trap
Can it be avoided with Five Year Plans and constructive Internet Forums???
China has become the factory of the World. Now, there is over capacity in almost every product.
China will become the biggest Market in the World after 2020. The Government will find ways to put the increase in money supply to the pockets of the Citizens. They will become eager consumers and digest the excess factory goods.
Will it be a Meaningful Economic Activity?
The Chinese version of Globalization
1. Any Nation can be developed if it adopts technology, technology and technology.
2. Money or capital can be created by Sovereign Nations.
3. Mutual Credits will enable a rich Nation to get a poor nation rich without debts. It can be a win-win.
4. There is no need for balanced trade between all Nations.
5. The Global Economic Pie can be increased with knowledge and technology.
6. The best way to get rich and remain rich is to help others get rich.
7. Ethiopia has no oil but it is getting rich. China is using a form of Mutual Credits?
The Western philosophy to help a Poor Nation is:
1. Give Aid without need to pay back. This encourages corruption and dependence.
2. Borrow via World Bank or IMF for Infrastructures. Much of the job actually goes back to the Developed Nation that have the technology.
3. Encourage subsistence farming. Instead of using the best technology, the poor Nation is encouraged to survive rather than get rich.
China is getting rich and its model is an inspiration to other Developing Nations...
The Chinese version of Globalization
1. Any Nation can be developed if it adopts technology, technology and technology.
2. Money or capital can be created by Sovereign Nations.
3. Mutual Credits will enable a rich Nation to get a poor nation rich without debts. It can be a win-win.
4. There is no need for balanced trade between all Nations.
5. The Global Economic Pie can be increased with knowledge and technology.
6. The best way to get rich and remain rich is to help others get rich.
7. Ethiopia has no oil but it is getting rich. China is using a form of Mutual Credits?
The Western philosophy to help a Poor Nation is:
1. Give Aid without need to pay back. This encourages corruption and dependence.
2. Borrow via World Bank or IMF for Infrastructures. Much of the job actually goes back to the Developed Nation that have the technology.
3. Encourage subsistence farming. Instead of using the best technology, the poor Nation is encouraged to survive rather than get rich.
China is getting rich and its model is an inspiration to other Developing Nations...
China may be running out of good Infrastructure Projects. But Ethiopia and other African Nations???
The excess capacity can benefit these Nations. The Chinese Engineers have avenue to further enrich their skills. Win-win...
GDP growth in China and in African Nations can remain strong...
China learns fast. Many Companies can build Cities, Dams, Roads, Bridges, Ports, Airports, Railways, Power Stations, Internet and other Infrastructure Projects.
Capital is not a problem. Money can be printed from thin air. Technology has been mastered by China and China is willing to transfer the technology. Raw material is not a problem. Oil and Iron ores are relatively cheap. If China supplies all capital and technology to build an Infrastructure in Africa and the African Nation learns the technology, is that a meaningful economic activity?
If China uses Mutual Credits, there will be no loans to repay. China can use the Currency of the African Nation to build Hotels, Shopping Centers or Residential Buildings in Special Economic Zones of the African Nation. The property value will increase. The GDP of both China and the African Nation will increase. Is that much better than giving aid?
Modern Farms in the African Nation will provide food security for both Nations. Forget subsistence farming. Apply technology to agriculture. Will Ethiopia be a Model?
China has found a new way to project its power and influence without Military Actions. Help others get rich.
Sharing UFO technology will be the next step???
Capital is not a problem. Money can be printed from thin air.
China is supplementing World Bank and IMF with its own banks and other new International Banks. The Money will mainly target large Infrastructure Projects. These Projects can be seen by all. It can also be seen as increasing the Global Pie. Developing Nations need much more infrastructures than Developed Nations. They need more capital than supplied by World Bank or IMF (controlled by USA). World Bank and IMF effectively create money from thin air. But they often impose political conditions.
China impose less political conditions. China can build Infrastructures. China can control or have much greater say in the New Banks. Money is still created from thin air but the Power behind is China. Soon the Infrastructures supported by these New Banks will overwhelm those supported by the USA backed World Bank or IMF.
China can effectively project its influence and power without Military Actions.
UFO technology will come out...
China can build Infrastructures. China can control or have much greater say in the New Banks. Money is still created from thin air but the Power behind is China. Soon the Infrastructures supported by these New Banks will overwhelm those supported by the USA backed World Bank or IMF.
One hidden agenda for the World Bank or IMF is that the loan should be repaid even though the money was created from thin air.
China understands that hidden agenda very well. China has learned that money can be created from thin air and can be written off into thin air. The building of Infrastructures contributes to the growth of the Global Pie. The capability of the Developing Nations will greatly increase. Globalization is not just about making China rich. It is about getting other Nations rich also.
Will USA or the Funds be able to mount another Asian Financial Crisis? The top economists in China are playing the what-if games. The Computer models will not be overlooked. If the Chinese Currency is backed by Infrastructures both inside and outside China, any currency or stock market attack will only be of short duration. The Infrastructures will support real Meaningful Economic Activities.
UFO technologies will give rislle to a new paradigm...
7. Ethiopia has no oil but it is getting rich. China is using a form of Mutual Credits?
The railway linking Addis Ababa to Djibouti is in operation.
Ethiopia-Djibouti electric railway line opens on Oct 5. It will cut the travel time from days to 10 hours. More are in the Five Year Plans. China is funding the Infrastructure Projects.
Growing the Global Pie is easiest at the Developing Nations. Funding is easy as money can be printed so long as the other Nations accept. Modern Farms will produce more food for domestic consumption and for exports. So long as the population growth is controlled, the living standards will greatly improve.
Technology can be learned and Industrial Parks or Science Parks are planned.
The New Way of getting rich is to help others to get rich. There is no need for Conquest, Colonialism or Slavery. There is no need for Military Supremacy. This is the new Globalization.
Money is created from thin air. Citizens cannot get richer if the Government does not increase the money supply. But the increase must be linked to growth of Meaningful Economic Activities.
Mongolia did not master the art of printing money well.
The discussion was - how would you advice Mongolia?
1. Mongolia has a small population of around 3 million but a large land mass.
2. Most the land is desert but the mineral resources are vast.
3. The weather is hash. The people still rely on herds grazing on grassland. The animals can die in bad weather and the wealth quickly diminishes.
4. Mongolia is on the Silk Road - linking China and Russia.
5. The most important infrastructure in such an environment is Internet and education. There is enough meat but not enough agriculture. Learn the Israel technique of growing food with little water.
6. Instead of sending animals out, bring the grass in. Practice modern farming and raising of animals.
7. Find the most efficient way of heating the homes (tents are not efficient). Consider energy efficient buildings with wind and solar.
8. Use the best mining techniques. Do not pollute the environment or water resources.
9. Use the Silk Road project to build relationship with many different countries. Do not just rely on China and Russia.
10. Learn technology, technology and technology.
here is a prototype propulsion of an engine of a ufo.
and it is also the prototype of the death ray of tesla.
https://www.youtube.com/watch?v=Gj4_KnRAMSA (https://www.youtube.com/watch?v=Gj4_KnRAMSA)
wonder if this works with charges, lines of force, magnetics, low energy matters too hehe but really this is a small thought jotter down, but it is a huge idea.
To KILL A WEIGHT VERTICALLY YOU NEED A CENTRIFUGAL FORCE HORIZONTALLY. 8)
HAPPY EXPERIMENTING. ITS REALLY FUN. :D
;D
http://www.nbcnews.com/news/world/philippine-leader-duterte-ditches-u-s-china-says-america-has-n670066 (http://www.nbcnews.com/news/world/philippine-leader-duterte-ditches-u-s-china-says-america-has-n670066)
In politics, you never have permanent friends or enemies.
Can China and Philippines produce a win-win example - similar to China-Ethiopia?
Capital can be created - by China and Philippines. Building Infrastructure technology is well developed in China. Philippines can learn easily. If Philippines were to link its many islands with railway, tunnels and bridges, there would be a great opportunity for co-operation. Mutual Credits?
China suffered badly with the evil opium at one time. Dealing harshly with drug lords is not violation of human rights.
Philippines is extremely good with Business Processing (Call Centers). That proves a high degree of education and learning capability. Learning technology will not be a problem. Building fast Internet connections and physical infrastructures will not be problems. There is good currency reserve and also a steady stream sent home from aboard.
China wants to break the USA encirclement. It has excess infrastructure building capability and knowledge. Capital, knowledge, willingness are all present. Just look at the Five Year Plans of both Nations and find common ground. Win-win scenarios can be found easily.
China definitely supports the harsh drug lord handling. Drugs lead to high crime rates and human suffering and degrading. China can show some clever poverty reduction techniques. If Government Officials are rated on their capability to increase the GDP and poverty reduction, miracles will happen. If some of them are encouraged to become wealthy openly to be examples, more miracles will happen...
Can building Infrastructures in other Nations improve the GDP of China?
The roads, bridges, tunnels, seaports, airports will become the asset of the other Nations. But much of the construction work and materials are from China. (Does it really matter if there were no short term return or long term repayment of loans?) The Global Economic Pie is increased. If the other Nations learn the technology and become developed and rich, will we have a better world?
Think of it as the New Globalization. Why focus narrowly on GDP?
Human Technology extends to all corners of the Earth. UFO technology will extend to all corners of the Universe?
Philippines is extremely good with Business Processing (Call Centers). That proves a high degree of education and learning capability. Learning technology will not be a problem. Building fast Internet connections and physical infrastructures will not be problems. There is good currency reserve and also a steady stream sent home from aboard.
China wants to break the USA encirclement. It has excess infrastructure building capability and knowledge. Capital, knowledge, willingness are all present. Just look at the Five Year Plans of both Nations and find common ground. Win-win scenarios can be found easily.
China definitely supports the harsh drug lord handling. Drugs lead to high crime rates and human suffering and degrading. China can show some clever poverty reduction techniques. If Government Officials are rated on their capability to increase the GDP and poverty reduction, miracles will happen. If some of them are encouraged to become wealthy openly to be examples, more miracles will happen...
Capital can be created - by China and Philippines. Building Infrastructure technology is well developed in China. Philippines can learn easily. If Philippines were to link its many islands with railway, tunnels and bridges, there would be a great opportunity for co-operation. Mutual Credits?
In reality, any sovereign Nation can increase its money supply. Will its citizens trust it? Will other Nations trust it? Will another Nation deliberately destroy that trust?
China has learned the rules of the game. It can keep building infrastructures and create more Meaningful Economic Activities. Previously, it encouraged other Nations to set up factories and used its cheap labor force to produce goods. The brilliance is learning and improving the technology, technology and technology.
When the financial crisis of the West came in 2008, China was encouraged to increase its money supply sharply to "help to save the World Economy". USA and other Developed Nations also increased their own money supply (even up to now). China and every economist should have learned that capital is not a rare commodity. In fact, it is the most abundant resource and virtually limitless. It is just a matter of trust.
That trust can come from consensus or from actual useful products or services. Infrastructures are the useful products that can be seen. The hidden secret is the Meaningful Economic Activities. Building a road is meaningful at the beginning. But too many roads within a Country will become less and less Meaningful. The next step can be building roads in another Nation with insufficient roads.
In colonial times, the colonial master will conquer and enslave the other Nation before building the road. Now, the World has learned that the best way for a Nation to become rich and remain rich is to help other Nations get rich. USA actually used the Marshal Plan to get Germany, England, France and Japan etc. to become rich.
China is trying to do something similar. It tries to involve BRICS (Brazil, Russia, India, China and South Africa). It tries to use the Silk Road with many Countries. It tries to directly involve some African Nations such as Ethiopia. If USA can use the Dollar as the capital to stimulate the economy of the Marshal Plan Nations, can China use the RMB to do something similar?
Should China work within the framework of World Bank or IMF which are dominated by USA? Should China work on its own? Should China use new organizations such as BRICS or Silk Road Funds?
Should China introduce the UFO technology and get the World on a new paradigm now?
The building of the Modern Silk Road.
There are four important elements to consider:
1. Plan together.
2. Build together.
3. Enjoy together.
4. Win together.
1. Plan together. The Internet Forums are great planning tools. Much of the information is shared before any significant project is embarked.
2. Build together. Technology must be learned and mastered. The maintenance of the infrastructures will be performed by the locals.
3. Enjoy together. The fruits must be shared. Every significant progress or structure will be celebrated.
4. Win together. The Marshall Plan after the Second World War helped Europe and Japan to recover and prosper quickly. Enemies became friends. The Modern Silk Road will get many Developing Nations developed.
Capital is no longer a scare resource. Technology can be learned quickly. The Five Year Plans from many Nations can be shared.
If a Nation wants to become rich and remain rich, it should help to get others rich. The lesson of the Marshall Plan must not be forgotten…
Why the competition between USA and China is good for the World.
1. When a Country is developed, the Citizens have food, shelter, cars, TV, entertainment, good education. They are respected everywhere they travel.
2. They have excess capability such as building infrastructures but they have already built enough infrastructures within their country. They accept a slower growth and claim that it is a natural feature once a country is developed.
3. China found that with its Five Year Plans, it could continue at a fast pace of development. It wants to be the number one Nation in the World. It examines the USA model and the USA leadership secrets.
4. China found that the USA secret lies in technology, technology and technology. USA was able to pour technology into focused areas – the space program is a good example. Much of the technology came from outside – Germany and other immigrants. Capital was not a problem – the money could come from thin air. If the USA public supports something, the Congress can authorize more money to be printed.
5. The money for the Marshall Plan was created from thin air. If a Nation does not increase its money supply, its citizens cannot be richer.(One person getting richer will mean another getting poorer.) Money can be a stimuli for economic growth. With the Marshall Plan, money was printed by USA first. It was used successfully to help Europe and Japan recover from World War II.
6. The Developed Nations watched the rest of the World. At one time, USSR was leading the other camp. USSR even led the Space Race at the beginning. Its leadership lost self-confidence and the country broke up.
7. When China opened up to the World in the 1980s, its economy was in ruins. The Cultural Revolution tore its society apart and nobody could see its rapid pace of growth.
8. China opened its doors. It essentially said: “Made money using my cheap labor force. Pollute my environment if needed. Change my political system away from the Mao and communist philosophy. I want to learn technology, technology and technology.”
9. China not only learned but also improved on the technology and the management skills. In a few short decades, the economy changed from deficient to having excess capabilities. It can produce more food, build more shelters, create more infrastructures than supplying its citizens.
10. It can accept a much slower rate of growth like many Developed Nations. It can simply accept the USA dominance like Japan and Europe. It can watch the Developing Nations struggle and “donate a few pints of blood”.
11. However, China knows that with its much larger population mastering technology, technology and technology, it will overtake USA as the number one economic power sooner or later. One way to keep its citizens motivated and the economy growing is to expand beyond its borders.
12. The expansion must not be a repeat of the evil colonialism. Capital can be created. Technology can be mastered. Win-win can happen. China showed a different but successful development model to the World. If China can go from a poor Nation in 1970s to a Developed Nation within 3 or 4 decades, any Country can learn from that model.
13. China can help with Capital (as it is created from thin air) and technology (it copied and improved from others). If Japan, Europe or even USA want to help the Developing Nations in a similar way, so much the better.
14. If a Nation wants to become rich and remain rich, the best way is to help other Nations get rich.
15. The UFO technology is here already. Which Nation will introduce it?
http://agenda2063.au.int/en/home (http://agenda2063.au.int/en/home)
Africa 2063 vision.
Is it possible for Africa to become prosperous by 2063? Can Ethiopia be an example in the next 5 years? Can the many African Nations work together like the Silk Road Initiative from China? How fast can the African Nations and Citizens learn technology, technology and technology?
If China and other Developed Nations pursue the path of "if a Nation wants to become rich and remain rich, it should help to get other Nations rich", the chances will be high. China and other Developed Nations can keep expanding their GDP and Meaningful Economic Activities. They view the building of Infrastructures in Africa as growing the Global Pie. The Infrastructures will benefit Africa more but it is a win-win path to take.
Even without the UFO technology, Africa and other Nations can become prosperous well before 2063.
The building of the Modern Silk Road.
There are four important elements to consider:
1. Plan together.
2. Build together.
3. Enjoy together.
4. Win together.
1. Plan together. The Internet Forums are great planning tools. Much of the information is shared before any significant project is embarked.
2. Build together. Technology must be learned and mastered. The maintenance of the infrastructures will be performed by the locals.
3. Enjoy together. The fruits must be shared. Every significant progress or structure will be celebrated.
4. Win together. The Marshall Plan after the Second World War helped Europe and Japan to recover and prosper quickly. Enemies became friends. The Modern Silk Road will get many Developing Nations developed.
Capital is no longer a scare resource. Technology can be learned quickly. The Five Year Plans from many Nations can be shared.
If a Nation wants to become rich and remain rich, it should help to get others rich. The lesson of the Marshall Plan must not be forgotten…
Let us compare the two strategies to become the most powerful and influential Nation in the World.
1. Have absolute military dominance and be the World's Policeman. Get every Nation to submit to the Will of one Nation.
2. Make every other Nation rich and thus remain rich. Keep growing the Global Pie even though the majority of the infrastructures and growth are in the territory of other Nations.
Does China need to introduce the UFO technology now?
Let us compare the two strategies to become the most powerful and influential Nation in the World.
1. Have absolute military dominance and be the World's Policeman. Get every Nation to submit to the Will of one Nation.
2. Make every other Nation rich and thus remain rich. Keep growing the Global Pie even though the majority of the infrastructures and growth are in the territory of other Nations.
Does China need the UFO technology now?
Let us compare the two strategies to become the most powerful and influential Nation in the World.
1. Have absolute military dominance and be the World's Policeman. Get every Nation to submit to the Will of one Nation.
2. Make every other Nation rich and thus remain rich. Keep growing the Global Pie even though the majority of the infrastructures and growth are in the territory of other Nations.
Does China need the UFO technology now?
One comment on the success of the Marshall Plan - the recipient countries know what to do with the money.
Will the recipient counties of Chinese money (e.g. Ethiopia) know what to do? Will China get Ethiopia to help build infrastructures in other African Countries? Will Ethiopia learn and then teach technology, technology and technology?
For example, Ethiopia is getting away from subsistence farming to modern farming. Will they share the knowledge and success with other African Nations? There are pains in the development path. Some of the land are taken from the small farmers to domestic and foreign commercial farmers.
China re-allocated much land to develop the high speed trains...
*** With the Internet, Developing Nations can observe, learn and discuss their Five Year Plans. Learn how to use the thin-air money - use it to create more wealth for the Country. Develop the Meaningful Economic Activities. For example, re-greening the highlands of Ethiopia and cut down the grazing. Pay the highland farmers not to farm and graze. Pay them to re-green the land! Produce much more food in the Modern Farms to feed them.
President of Ethiopia
Mulatu Teshome Wirtu was educated in China, receiving his bachelor's degree in philosophy of political economy (https://en.wikipedia.org/wiki/Political_economy) and doctorate in international law (https://en.wikipedia.org/wiki/International_law) at Peking University (https://en.wikipedia.org/wiki/Peking_University).
While serving as Ambassador to Turkey, he was elected (https://en.wikipedia.org/wiki/Ethiopian_presidential_election,_2013) as President of Ethiopia by a unanimous parliamentary vote on 7 October 2013.
Is he the most qualified president in Africa?
The Chinese Students have a new mission. They have to spread the philosophy of "if a Nation wants to get rich and remain so, it should help other Nations become rich."
This is very different from Nationalism or projecting superiority in any form. China can and will rise peacefully. There will not be military conquests, colonialism or slavery. Win-win.
Many future leader of the World will have education in China or will have interaction with Chinese Students worldwide. China has become an economic model. What the Chinese Students say will have an impact.
https://www.youtube.com/watch?v=bjLV_aVRUmQ (https://www.youtube.com/watch?v=bjLV_aVRUmQ)
For example, Ethiopia is getting away from subsistence farming to modern farming. Will they share the knowledge and success with other African Nations? There are pains in the development path. Some of the land are taken from the small farmers to domestic and foreign commercial farmers.
China re-allocated much land to develop the high speed trains...
*** With the Internet, Developing Nations can observe, learn and discuss their Five Year Plans. Learn how to use the thin-air money - use it to create more wealth for the Country. Develop the Meaningful Economic Activities. For example, re-greening the highlands of Ethiopia and cut down the grazing. Pay the highland farmers not to farm and graze. Pay them to re-green the land! Produce much more food in the Modern Farms to feed them.
I was at a party where good food and entertainment was served. One scholar commented that such parties are extravagant, wasteful and should be banned.The latest Meaningful Economic Activity in China is to encourage innovation, innovation and innovation. Its Internet commerce is already number one. Every student is encouraged to open an e-store.
Another commented that after a Nation has secured food security, it must look for Meaningful Economic Activities to keep its citizens motivated and productive. Such an extravagant party involves much food preparation, making of party dresses, building and decorating the facilities, employing singers and performers, use of all the high technology equipment etc. After the basic food security is met, are such activities meaningful?
Future of the Worldhttp://edition.cnn.com/2016/11/18/asia/china-space-shenzhou-11/index.html
The best way for a Nation to be rich and remain rich is to help other Nation become rich.
Future of the WorldOne comment:
The best way for a Nation to be rich and remain rich is to help other Nations become rich.
One comment:
The best way for a Nation to be rich and remain rich is to help other Nations become rich.
The above statement is obvious. Why is it not implemented?
Visited a family style fishing place:
Blessedvilla.net
It is a "subsistence" operation - small, no space to expand and primitive facilities. One or two 50 passenger tour bus will overwhelm its facilities.
Difficult to get to. Suitable for family with cars for a day trip.
*** Defining Meaningful Economic Activity is not a piece of cake. What is Meaningful for a family may not be Meaningful for a village.
"Meaningful" is an obscure term, subject toI play the role of "super consultant". As a super consultant, I take no sides. I examine the issue from the standpoint of a detached observer. For example, take the following issue:
personal opinion and subjective perspective viewpoints.
To ME, a meaningful economic endeavor is one that
provides a maximum production to the public at a minimum cost.
To an economist, this is business suicide.
Their goal is to maximize profits, with little or
no regard to their consumers.
Price deflation is 'meaningful' because we (the consumers) can pay less
for the same product.
To an economic entity - price Inflation is 'meaningful'
because they can charge us (the consumer) more money
for the same product.
Which side of the game are you on?
Is it a Meaningful Economic Activity for China to:
2. Raise the standard of living of citizens in remote villages to the equal of major cities?
Is it a Meaningful Economic Activity for China to:
3. Define a new financial structure for the World to ensure win-win?
Is it a Meaningful Economic Activity for China to:
4. Charge ahead on technology and innovation - create money from thin-air to support such efforts if needed?
Is it a Meaningful Economic Activity for China to:
5. Take over the role of the Number One financial Power replacing USA?
Is it a Meaningful Economic Activity for China to:
6. Avoid the Middle Income Trap via sharing the technology and knowledge with other Developing Nations?
Is it a Meaningful Economic Activity for China to:
7. Introduce the super Silicon Valley Mentality to stimulate its Citizens?
Is it a Meaningful Economic Activity for China to:
7a. Introduce the Super Silicon Valley Mentality to stimulate its Citizens?
Is it a Meaningful Economic Activity for China to:
7b. Introduce the Super Silicon Valley Mentality to stimulate its Citizens?
Is it a Meaningful Economic Activity for China to:
7c. Introduce the Super Silicon Valley Mentality to stimulate its Citizens?
author=ltseung888 link=topic=15077.msg496605#msg496605 date=1480456822]
Is it a Meaningful Economic Activity for China to:
7d. Introduce the Super Silicon Valley Mentality to stimulate its Citizens?
Is it a Meaningful Economic Activity for China to:
7e. Introduce the Super Silicon Valley Mentality to stimulate its Citizens?
Is it a Meaningful Economic Activity for China to:
7f. Introduce the Super Silicon Valley Mentality to stimulate its Citizens?
Is it a Meaningful Economic Activity for China to:
7g. Introduce the Super Silicon Valley Mentality to stimulate its Citizens?
One of the key elements in the super Silicon Valley Mentality is that everything is third class. The group in charge should improve it to second or first class. The new group in charge later should treat the thing as third class only and further improve it. This will keep an individual, an organization or a Nation progressing.
Let us use another example – should the average person invest in Gold (continued)?
I just finished talking to a wealthy senior on investing in Gold. He has the following comments:
(1) There is no point in further investing when he already has more than enough to spend for the rest of his life. He sold his many pharmacy stores and still own a couple of apartments. The rental income provided him a steady income – more than he can spend.
(2) His children are already established. One is a medical doctor and another is an engineer. Both have good income, home and rental property. There is no need to worry about catering for grandchildren.
(3) His wife passed away a few months back. His regret was not spending time and money earlier when his wife was alive.
(4) He said that the right thing for individuals to do is to earn and spend whatever they could comfortably afford. Eat better. Enjoy life more. Do not wait until old age when one cannot see, hear or walk too well. Travelling will not be a joy. When one has no teeth, food will not be as enjoyable.
Meaningful Economic Activity will mean different things to different individuals and different Nations. That is the fun of knowledge…
Is it a Meaningful Economic Activity for China to:
7h. Introduce the Super Silicon Valley Mentality to stimulate its Citizens?
Is it a Meaningful Economic Activity for China to:
7i. Introduce the Super Silicon Valley Mentality to stimulate its Citizens?
Let us use another example – The future of Hong Kong(continued)?
One possible solution is for a Political Party to lay out Meaningful Five Year Plans and Organizational Structures (shadow cabinets) to support the Chief Executive. Can the Political Party advocate the tying of advancement of Civil Servants to their ability to increase the GDP or the wealth of citizens? This is not in sight yet. But Hong Kong has brilliant talents and well educated professionals…
A friend just gave me a challenge – laid out a five year plan to grow the GDP of Hong Kong at eight percent per year for the next ten years. Does Hong Kong have brilliant minds?
I shall try:
(1) Hong Kong can jump on the one-belt-one-road bandwagon. There are many crowded cities in Asia wanting to have subways or MTR systems similar to Hong Kong. Hong Kong Government can work with Hong Kong Universities to do planning as student projects for such cities. These plans can be in cooperation with the various governments or their universities. The initial funding can come from the Hong Kong Government. There will be much publicity and Hong Kong Government can claim that it is changing from Dr. Do Nothing to Dr. Consulting.
(2) The initial funding can cover studies, travels, conferences and computer modeling. Use students from Hong Kong and the other Universities to do the presentations as much as possible. A competition with prize money can be set up. Focus on win-win. Citizens in both places will see that such a competition is worthwhile and their own youngsters are given the chance to shine. Use Internet forums and computer graphics well. Show the High-Tech image.
(3) Apply for real funding from AIIB (Asia Infrastructure Investment Bank) when ready. One success will lead to many others.
(4) Focus on the related projects such as shopping malls, residential apartments, hotels, cinemas etc. on top or close to the MTR stations. Hong Kong Government can put in the seed capital and raise additional funds from the Hong Kong Stock Market.
(5) The Hong Kong dollar is tied to the US dollar. If USA prints more money, Hong Kong should, in theory, increase its money supply proportionally. Hong Kong has large amount of currency reserve. Some of these can be used as the seed money in item 4. If there were losses, then print additional money. (That additional amount will be less than the theoretical proportional increase.)
(6) Expand the example to other fields including agriculture. There is little scope for agriculture in Hong Kong but the opportunities in Africa and other Nations along the one-belt-one-road are vast. Do not go for subsistence farming. Go for medium or large scale farming. Help many African Nations to become food secure with their resources of land and water. Use the best technology including the drip techniques from Israel etc. Use remote monitoring technology well. The students can see what is happening in the remote farms via drones and Internet.
(7) Calculate what 8% GDP growth is equivalent to. Check on the number of projects required to reach that number. This cannot be done in a few discussion sessions. It will require detailed data and analysis. Hong Kong students are bright enough to do such research. Hong Kong Government can provide the funding via a special “economic development board” rivalling that of Singapore.
Has Hong Kong got the brilliant minds? Is an eight percent GDP growth a possibility? Can Hong Kong politicians, government officials, citizens and academics come up with the above and solidify it into Five Year Plans? Can Hong Kong change its image from Dr. Do Nothing to Dr. Consulting?
One comment:
Why subway? Can all North-South traffic be on second floor level? East-West traffic can be on third level. Will that be cheaper, save on lighting and easier to maintain?
Are Hong Kong people innovative and can think outside-the-box?
Is it a Meaningful Economic Activity for China to:
7j. Introduce the Super Silicon Valley Mentality to stimulate its Citizens?
Is it a Meaningful Economic Activity for China to:
8. Focus on long term globalization and ignore the many border disputes and ideological quarrels?
Trump made headlines in the Hong Kong Newspapers that he would not stick to the one China policy. How should China react?Can Trump count on inciting the Chinese Leadership to do stupid acts on the Taiwan issue? Can Trump incite a war between Japan and China? Can Trump incite Vietnam or Philippines or India or other Asian Nations to have anti-China rallies? Can Trump incite Ethiopia or other African Nations to treat the win-win infrastructure building as invasion by China?
In the past, China might have out cried loudly. China would have found it necessary to react strongly. But China is in a much stronger position now. It is starting to assert the leadership position with the one-belt-one-road initiative. The World will look at how the Leader reacts.
With real Globalization as the goal and that all Nations will become rich, there is no point in letting border disputes or quarrels to upset the plans. Just march on and grow the GDP within China and help other friendly Nations to achieve high GDP growths. Technology, technology and technology. Build, build and build.
Trump made headlines in the Hong Kong Newspapers that he would not stick to the one China policy. How should China react?Technology, technology and technology. Build, build and build.
In the past, China might have out cried loudly. China would have found it necessary to react strongly. But China is in a much stronger position now. It is starting to assert the leadership position with the one-belt-one-road initiative. The World will look at how the Leader reacts.
With real Globalization as the goal and that all Nations will become rich, there is no point in letting border disputes or quarrels to upset the plans. Just march on and grow the GDP within China and help other friendly Nations to achieve high GDP growths. Technology, technology and technology. Build, build and build.
https://www.bloomberg.com/news/articles/2016-12-13/singapore-malaysia-sign-final-accord-for-high-speed-rail-link (https://www.bloomberg.com/news/articles/2016-12-13/singapore-malaysia-sign-final-accord-for-high-speed-rail-link)
Real Globalization is happening. The high speed rail link will shorten the time from 5 hours to about 90 minutes. It will be a joint project between Singapore and Malaysia. The project is open for bidding. The two top contenders are likely to be China and Japan. Both China and Japan are eager to promote their technology and give an outlet for their engineers. Both can provide thin-air money. It will be a win for the suppliers and it will be a win for the buyers.
There will be numerous opportunities along the stations on the link. Some compare its significance to the link between UK and France. The spirit of one-belt-one-road is fulfilled even if the bid is won by Japan. Is it a Meaningful Economic Activity?
Is it a Meaningful Economic Activity for Hong Kong Citizens to:
buy and keep gold?
USA is trying to get people to turn away from gold as reserve. USA hopes that all will keep US Dollar as the reserve. One technique is to devalue other currencies. China, Russia, India and some other Countries are buying gold. When USA and allies have no more gold to sell, what will happen to the price of gold?
Will USA be able to keep the US dollars as the default reserve while printing lots and lots...
Is it a Meaningful Economic Activity for Hong Kong Citizens to:
buy and keep gold?
USA is trying to get people to turn away from gold as reserve. USA hopes that all will keep US Dollar as the reserve. One technique is to devalue other currencies. China, Russia, India and some other Countries are buying gold. When USA and allies have no more gold to sell, what will happen to the price of gold?
Will USA be able to keep the US dollars as the default reserve while printing lots and lots...
Is it a Meaningful Economic Activity for Hong Kong Citizens to:
buy and keep gold?
USA is trying to get people to turn away from gold as reserve. USA hopes that all will keep US Dollar as the reserve. One technique is to devalue other currencies. China, Russia, India and some other Countries are buying gold. When USA and allies have no more gold to sell, what will happen to the price of gold?
Will USA be able to keep the US dollar as the default reserve while printing lots and lots...
The real problem in Hong Kong is the mentality – Government should provide minimum interference and maximum support. It was a legacy from the Colonial era of Laissez faire. Some joked that there is Dr. Do Little but the Hong Kong Government is even better – Dr. Do Nothing. It is very easy and natural for any government servant to avoid making mistakes. His career is secure. Salary and position will steadily increase if he does not make any major mistakes.
Why the competition between USA and China is good for the World.
1. When a Country is developed, the Citizens have food, shelter, cars, TV, entertainment, good education. They are respected everywhere they travel.
2. They have excess capability such as building infrastructures but they have already built enough infrastructures within their country. They accept a slower growth and claim that it is a natural feature once a country is developed.
3. China found that with its Five Year Plans, it could continue at a fast pace of development. It wants to be the number one Nation in the World. It examines the USA model and the USA leadership secrets.
4. China found that the USA secret lies in technology, technology and technology. USA was able to pour technology into focused areas – the space program is a good example. Much of the technology came from outside – Germany and other immigrants. Capital was not a problem – the money could come from thin air. If the USA public supports something, the Congress can authorize more money to be printed.
5. The money for the Marshall Plan was created from thin air. If a Nation does not increase its money supply, its citizens cannot be richer.(One person getting richer will mean another getting poorer.) Money can be a stimuli for economic growth. With the Marshall Plan, money was printed by USA first. It was used successfully to help Europe and Japan recover from World War II.
6. The Developed Nations watched the rest of the World. At one time, USSR was leading the other camp. USSR even led the Space Race at the beginning. Its leadership lost self-confidence and the country broke up.
7. When China opened up to the World in the 1980s, its economy was in ruins. The Cultural Revolution tore its society apart and nobody could see its rapid pace of growth.
8. China opened its doors. It essentially said: “Made money using my cheap labor force. Pollute my environment if needed. Change my political system away from the Mao and communist philosophy. I want to learn technology, technology and technology.”
9. China not only learned but also improved on the technology and the management skills. In a few short decades, the economy changed from deficient to having excess capabilities. It can produce more food, build more shelters, create more infrastructures than supplying its citizens.
10. It can accept a much slower rate of growth like many Developed Nations. It can simply accept the USA dominance like Japan and Europe. It can watch the Developing Nations struggle and “donate a few pints of blood”.
11. However, China knows that with its much larger population mastering technology, technology and technology, it will overtake USA as the number one economic power sooner or later. One way to keep its citizens motivated and the economy growing is to expand beyond its borders.
12. The expansion must not be a repeat of the evil colonialism. Capital can be created. Technology can be mastered. Win-win can happen. China showed a different but successful development model to the World. If China can go from a poor Nation in 1970s to a Developed Nation within 3 or 4 decades, any Country can learn from that model.
13. China can help with Capital (as it is created from thin air) and technology (it copied and improved from others). If Japan, Europe or even USA want to help the Developing Nations in a similar way, so much the better.
14. If a Nation wants to become rich and remain rich, the best way is to help other Nations get rich.
15. The UFO technology is here already. Which Nation will introduce it?
What are the novel Meaningful Economic Activities for USA?
At one time, USA ordered plastic flowers from Hong Kong. Some questioned the usefulness of such orders. However, it helped Hong Kong to have light industry exports. Factories opened. Jobs created. The plastics industry covered not only flowers but all household goods.
Was that a novel Meaningful Economic Activity for Hong Kong at that time?
Can USA order something from an African Nation and start its industrialization? What is that something?
Comment:
Tseung, your idea of State Capitalism can be explained in a few simple words. The State encourages the Citizens to make money (capitalism) in legal and moral ways. Instead of taxing the rich, the State encourages every Citizen to become rich. The State also prints money (increases capital) to achieve more and better Meaningful Economic Activities.
With this definition, China can keep increasing the quality and quantity of Meaningful Economic Activities. China can incorporate such into its GDP. Thus China can claim to be the number one economy in the world within a decade.
Comment:Instead of taxing the rich, the State encourages every Citizen to become rich.
Tseung, your idea of State Capitalism can be explained in a few simple words. The State encourages the Citizens to make money (capitalism) in legal and moral ways. Instead of taxing the rich, the State encourages every Citizen to become rich. The State also prints money (increases capital) to achieve more and better Meaningful Economic Activities.
With this definition, China can keep increasing the quality and quantity of Meaningful Economic Activities. China can incorporate such into its GDP. Thus China can claim to be the number one economy in the world within a decade.
Comment:Comment:
Tseung, your idea of State Capitalism can be explained in a few simple words. The State encourages the Citizens to make money (capitalism) in legal and moral ways. Instead of taxing the rich, the State encourages every Citizen to become rich. The State also prints money (increases capital) to achieve more and better Meaningful Economic Activities.
With this definition, China can keep increasing the quality and quantity of Meaningful Economic Activities. China can incorporate such into its GDP. Thus China can claim to be the number one economy in the world within a decade.
Comment:
USA can attack the RMB, forcing it to devalue. That will stop other Nations holding RMB as a Reserve Currency.
Comment:
USA can attack the RMB, forcing it to devalue. That will stop other Nations holding RMB as a Reserve Currency.
...Use a vast labour force to fill sandbags in the desert surrounding desert roads, towns and prevent sand storms. ...There will not be shortage of jobs...The United Arab Emirates is going to build a mountain to help make it rain. Maybe a mountain made of sand?
There are two types of economies. One is real material economy. The other is currency game economy. When a Nation has developed to a point that every citizen owns a car, a refrigerator, a mobile phone etc., producing such goods will become less meaningful. It will move to the currency game economy. Instead of owning material goods to increase their comfort, citizens own numbers in the bank accounts, or "derivatives" or "index and index futures". The wealth is no longer measured in real material assets. The wealth is measured in pure numbers that can be infinite.
When a Nation is developed, such an action may be regarded as a Meaningful Economic Activity. China is not at this stage yet. For China, it is more Meaningful to help other Nations develop more infrastructures and more real material economies. Get rich and help other Nations get rich too.
USA tries to maintain its wealth by "keeping others poor" even to the point of bombing them. Use military strength to "keep them in their place". Stir up trouble - get the citizens to feel inferior or feel that their leaders need to be replaced. Take away the stability and thus the necessary long term planning. USSR leaders fell into that trap, felt inferior and as a result, USSR disintegrated.
China is embarking on the new path of "maintaining and increasing its wealth" by "helping others to get rich". Will China succeed???
The United Arab Emirates is going to build a mountain to help make it rain. Maybe a mountain made of sand?
With no fresh water, there will be a shortage of people and thus no shortage of jobs?
Will it be a novel meaningful economic activity for UAE to pump oil to China. And for China to pump fresh water to UAE? China successfully pumped water from South to North. Can the Country be Egypt or Ethiopia rather than China? Innovation and Technology creates miracles...
Steel pipes and large pumps can easily be produced in China (and many other Nations).
Instead of taxing the rich, the State encourages every Citizen to become rich.China is very good at copying. It is copying the success in the coastal regions to the Western, Inner Cities. It is asking the successful Companies to open branches or franchises. It is like asking McDonalds or KFC to open more stores. A bakery chain expanded from a few stores to over a thousand within 5 years with Government Blessing. The Government actually asked the chain to open the many stores and provided it with low interest loans and policy support. It is the norm rather than the exception.
Comment:
I know a Company involved in developing Science Parks in China. It was successful and became profitable. Instead of taxing its profits, the Chinese Government invited it to build more Science Parks. The investment into these new Science Parks were tax-free (and with many other Government Sponsored Incentives - like additional low interest loans etc.) The founders of the Company got rich very quickly.
In the West and in the University teachings, the role of the Government is supposed to redistribute the wealth - taxing the rich more and providing subsidies to the poor. The attitude in China now is - make more money for yourself. The State will help you. Let others learn from you and work hard. The State will print more money to provide for the poor. If China were to catch up with USA in GDP per capita terms, much more thin-air money needs to be printed. If such printing is shown in actual Infrastructures, the Citizens will support it. The critics may scream but they cannot deny that all citizens are getting higher living standards.
Thirty years ago, there were no millionaires even in RMB terms. One would be regarded as wealthy if one had ten thousand RMB. But now, many are Billionaires in US dollars terms.
Is it Meaningful for the World to have two camps competing in the following manner:Such a competition will change the rules of the Global Order. For example, if the poor Nation is encouraged to produce soya beans, what will happen to the existing soya bean exporters.
(1) Select some of the poorest Nations in the World.
(2) Each camp will help to increase the GDP of some of these poor Nations.
(3) The winning criterion will be based on many mutually agreed standards such as food security, educational achievements in global tests, Olympics performance, industrial output, income from tourism, international patents granted etc.
Instead of having wars in the under developed Nations to show "superiority", the two camps can compete on how good they are in helping others rich. The end result will be a more peaceful and prosperous World. One Camp can be USA and his Allies. The Other Camp can be China+Russia and their Allies.
At present, a poor Nation would have to sell its resources or ask its citizens to accept low wages and work hard to compete (as the lowest cost producer). The "investors" from outside are more interested in profits and will exploit (taking advantage of the ignorance).
The new competition will provide a new paradigm...
Is it Meaningful for the World to have two camps competing in the following manner:
(1) Select some of the poorest Nations in the World.
(2) Each camp will help to increase the GDP of some of these poor Nations.
(3) The winning criterion will be based on many mutually agreed standards such as food security, educational achievements in global tests, Olympics performance, industrial output, income from tourism, international patents granted etc.
Instead of having wars in the under developed Nations to show "superiority", the two camps can compete on how good they are in helping others rich. The end result will be a more peaceful and prosperous World. One Camp can be USA and his Allies. The Other Camp can be China+Russia and their Allies.
At present, a poor Nation would have to sell its resources or ask its citizens to accept low wages and work hard to compete (as the lowest cost producer). The "investors" from outside are more interested in profits and will exploit (taking advantage of the ignorance).
The new competition will provide a new paradigm...
Question: Can someone explain how China can prevent an attack to devalue the RMB and destroy its "trust worthy status"? There is already a large amount of RMB in the International Markets. Some was due to the large purchases of raw material since 2008 to build infrastructures. Some was due to Chinese tourists spending aboard. Some was due to corruption. If USA tells the World that the RMB will devalue or even collapse and start selling RMB, other holders of RMB may follow. If China were to sell its US assets to pop up the RMB, that reserve will run out. China may then let the RMB free float. The RMB will rapidly devalue. This is the tactics used in the Asian Financial Crisis. This attack can easily destroy the "trust worthy status" of the RMB.
This is one of the "features" built into the financial rules established by the West (USA). It is like the Trojan Horses built into the Windows Operating Systems. It is like the hidden programs in the USA military weapons sold to its allies - if the allies ever use the weapons on USA, the hidden programs will render the weapons useless.
Are there brilliant economic brains that can provide more insight???
Question: Can someone explain how China can prevent an attack to devalue the RMB and destroy its "trust worthy status"? There is already a large amount of RMB in the International Markets. Some was due to the large purchases of raw material since 2008 to build infrastructures. Some was due to Chinese tourists spending aboard. Some was due to corruption. If USA tells the World that the RMB will devalue or even collapse and start selling RMB, other holders of RMB may follow. If China were to sell its US assets to pop up the RMB, that reserve will run out. China may then let the RMB free float. The RMB will rapidly devalue. This is the tactics used in the Asian Financial Crisis. This attack can easily destroy the "trust worthy status" of the RMB.Tseung, the Trojan Horses planted by the USA government experts in Windows or in US Weapons will not be activated if there were no threads to USA. If China remains a "good boy", the financial traps will not be used against China.
This is one of the "features" built into the financial rules established by the West (USA). It is like the Trojan Horses built into the Windows Operating Systems. It is like the hidden programs in the USA military weapons sold to its allies - if the allies ever use the weapons on USA, the hidden programs will render the weapons useless.
Are there brilliant economic brains that can provide more insight???
If a Nation wants to be rich and remain rich, it should help other Nations become rich.https://www.youtube.com/watch?v=LkDXXpPfoLc (https://www.youtube.com/watch?v=LkDXXpPfoLc)
China is following this strategy. The Asia Infrastructure Investment Bank and the Modern Silk Road Initiative are good examples.
What will happen if other Nations such as Japan, Germany, Russia follow the same strategy?
Tseung, if USA attacks the RMB to cause it to devalue, China can increase the price of its goods to counter. Or the price of export goods will be evaluated in USD. There may be reduced exports but China does not really rely on exports to fuel its GDP growth. Domestic consumption is more important.
GDP growth is a funny thing. Consider the following case:
(1) The local government gave a big party for the senior citizens to celebrate the New Year.
(2) The party was "extravagant" in that the amount of money spent per citizen was far more than any previous occasions.
(3) The explanation was that the spending increased the contribution to GDP.
(4) The spending on Infrastructures in that region was giving diminishing returns. The spending on the party gave more joy to the citizens. The thin-air money was available and must be spent. If not spent, the allocation would be less next year.
When GDP is calculated this way, China can maintain and increase its GDP growth at will. So long as the Government is in control (or the trust is there), attacks by private hedge funds or currency manipulators can be overcome. If the USA Government leads the attack directly, that will be a different matter...
https://www.youtube.com/watch?v=lA3sjWwu5-s (https://www.youtube.com/watch?v=lA3sjWwu5-s)Tseung, the rule of the game is tilted towards the Currency Speculators if they have superior resources. If the USA Government is openly or secretly on their side, they are guaranteed to have superior resources.
Can currency speculators with the implicit support of the USA Government win the currency war similar to the Asian Financial Crisis in 1997?
Is it happening now?
https://www.youtube.com/watch?v=lA3sjWwu5-s (https://www.youtube.com/watch?v=lA3sjWwu5-s)Tseung, the USA strategy is to have the USD as the dominant or only Settlement and Reserve Currency. If China behaves according to US wishes, USA can call off the attack. Or it may even loan US dollars to China to defeat the Currency Speculators.
Can currency speculators with the implicit support of the USA Government win the currency war similar to the Asian Financial Crisis in 1997?
Is it happening now?
https://www.youtube.com/watch?v=lA3sjWwu5-s (https://www.youtube.com/watch?v=lA3sjWwu5-s)
Can currency speculators with the implicit support of the USA Government win the currency war similar to the Asian Financial Crisis in 1997?
Is it happening now?
Where does the Currency Manipulators get the RMB to sell? Or do they just "short" it - sell without actually "prove" that they have the RMB? Where do they borrow it from? Will they be able to cause a panic amongst the RMB holders? (For example, Chinese citizens and companies eager to change their RMB to USD to "preserve" the value? This is the worst nightmare - citizens losing confidence in their own Currency and implicitly their Government.)
One of the reasons given on why USSR collapsed was the Currency Attack. A Rupee was equivalent to three USD before the attack. After the attack, 1 USD was worth 4800 rupees.
This is an Electrical ENERGY forum.
You have been talking NONSENSE POLITICAL rubbish in a boring monologue.
You might have more luck over at www.politicalforum.com (http://www.politicalforum.com)
Endless
Why you picking on Larry ?
and I see your associating Teetsla with many usernames ??
I really think you are off base associating other persons handles with Tito ??
Less
you assume way too much ,and seem quite angry to boot
Taking the rubber hose to Larry who harms no one with his posts ??
Tito makes his own Bed .......(http://overunity.com/file:///C:/Users/USER/AppData/Local/Temp/msohtmlclip1/01/clip_image001.gif (http://overunity.com/file:///C:/Users/USER/AppData/Local/Temp/msohtmlclip1/01/clip_image001.gif)) , however bringing other usernames into his Nonsense??
not certain how you make this assumption ??
how do you do this ??
anyhoo
Gotta go.. if you do respond I'll read it later ,if not ?
have a good life
https://www.youtube.com/watch?v=lA3sjWwu5-s (https://www.youtube.com/watch?v=lA3sjWwu5-s)
Can currency speculators with the implicit support of the USA Government win the currency war similar to the Asian Financial Crisis in 1997?
Is it happening now?
Tseung, I might have already helped the currency speculators. I changed my RMB holdings to USDs. My reasoning was that if the RMB did not devalue, I could always convert back with negligible loss. If RMB devalues, I would not lose. I believed in the daily news of gloom and doom of the RMB. The RMB will not appreciate much because of the peg. I thought that I was clever but now I knew that I already fell into the currency war trap.
Tseung, you are really stupid. You do not understand the true reason behind the 1997 Asian Financial Crisis. You do not know the reason for the present Currency War.
Think. If the USA Government were to buy the Thai Baht in 1997 at the Official pegged exchange rate, would there be a panic depreciation of the Baht? Has the USA Government got USD or ability to print thin-air USD to support the Baht? There were not that much Baht in the International Market. The true reason was that USA Government was not interest in helping the Asian Countries rich. They all had high GDP growth. But an attack by hedge funds was sufficient to destroy their growth.
China is having high GDP growth. China joined WTO and will follow the game of using its reserve to defend the exchange rate for "financial stability". It has accumulated 4 trillion Foreign Reserve. In the field of Foreign Exchange trading with a daily volume of over 5 trillion, that is peanuts. A sustained attack by the Currency Speculators will drain all that 4 trillion. (In really, China has only 3 trillion now. 1 trillion was drained within last 12 months).
If USA Government wants, it can buy RMB at the pegged exchange rate and prevent any crisis. But USA is not in the business of helping other Nations rich. On the contrary, it wants to see a weaker China. It may even be the "force" behind the "Currency War"! It gets rid of the "debt" owed to China by simply standing by and watch the show (war).
The rules were set up by USA. It had the top economists. It had computers to play the what-if games. It has the best propaganda machine - USSR disintegrated without realizing that it lost the Economic War!
As George Soros said - he just followed the rules. Every move he made was legal. He and others like him can help USA Government to defeat any Nation without the USA Government firing a single shot or throwing a single bomb!
There is already a large quantity of RMB outside China. There is much trading in the "off-shore" centers like Hong Kong, Singapore, London etc. Some of these centers are not in the jurisdiction of China. The Speculators essentially have much more ammunition to attack. They can easily calculated how long and how large the attack they can mount to drain the 3 trillion USD Foreign Reserve of China. They do not need to attack the Stock Market.
Church Member: "Tseung, why do you always use the word WAR? Both Chinese and USA Leaders want their Citizens to have better standards of living, feel proud of themselves and do not mind helping others. Work on harmony and friendly Competitions to make each other proud."
Both Countries love and adore their Olympians. These Olympians work extraordinarily hard to inspire. . They compete fairly.
Follow that spirit. Abide by fair and level playing rules.
*** UFO technology will bring new rules.
One strategy China can take is as follows:Malaysia got out from the Asian Financial Crisis better than Indonesia, Thailand and South Korea. These Countries got the support and "bad advice" from the IMF.
(1) Complain bitterly about the unfairness of the Foreign Exchange Trading System.
(2) Disclose it openly and widely in all Media both domestically and internationally.
(3) Announce the immediate suspension of all “offshore trading” of the RMB.
(4) Restrict Chinese Citizens travelling aboard to have a small, limited USD currency. The Citizens are not allowed to bring RMB overseas. Make sure that the reasons are well explained.
(5) Peg the RMB with the USD with a fixed exchange rate with no fluctuations within China.
(6) Essentially use the Malaysia tactics used in 1998 at the Asian Financial Crisis.
(7) Any existing RMB outside China can be used within China to buy goods and services. The legitimate international holders will not suffer badly.
( 8) All International Capital outflow from China will need approval as a measure to prevent panic.
(9) Seek the help of USA to peg the RMB internationally and redefine the Rule of the Game.
The What-If of this strategy will be carefully analyzed. Ensure the strong measure is effective. If no effective strong measure is taken, the RMB will collapse after the exhaust of the Foreign Exchange Reserve. Panic will set in. Citizens will lose faith in the Government. The Chinese Communist Party may be toppled for failing to defend the economy!
Malaysia got out from the Asian Financial Crisis better than Indonesia, Thailand and South Korea. These Countries got the support and "bad advice" from the IMF.Trump wants RMB to appreciate so that Chinese Goods will not be that cheap. If USA and Chinese Governments join hands to force the RMB up, what are the chances of Hedge Funds and Currency Speculators able to force the RMB down?
China can consider such a tactic well before the Foreign Reserve is exhausted. For example, China still has 3 trillion. The tactics will be used when the Reserve drops to 2.5 trillion.
Chinese Economists and Policy Makers should play with such what-if scenario now. "Unofficial" channels can communicate such and other tactics to the outside world. That shows that China will never panic. The RMB will never free fall like the Rupee or the Ringgit..
Overheard on a bus trip:From a Senior Citizen:
Person A: “I just came back from my Village. A high speed rail will be built cutting the village.”
Person B: “There must be protests as Government will take away the land.”
Person A: “On the contrarily, the villagers welcomed it with open arms. The compensation package was too good. The cash compensation was 150% of the initial estimated value. There was a free 100sq. meter flat with all electrical appliances in one of the ghost cities.”
Person B: “Why would I move to a ghost city?”
Person A: “Many of the neighbors would be there. Many jobs would be available including maintaining and cleaning the vacant units.”
China understands the money incentive very well. In the 2008 World Financial Crisis, China pumped trillions of thin-air money to build Infrastructures. China compensated the affected villagers generously. That was why China could build so many high speed rails without objections. Money, Money and Money. (State Capitalism uses the money incentive.) There will be more high speed rails. There will be more compensations. The ghost city problem will be solved. (Build and furnish the units first. People will see actual units rather than promises. Most are happy to move.)
Trump wants RMB to appreciate so that Chinese Goods will not be that cheap. If USA and Chinese Governments join hands to force the RMB up, what are the chances of Hedge Funds and Currency Speculators able to force the RMB down?
Tseung, the USA strategy is to have the USD as the dominant or only Settlement and Reserve Currency. If China behaves according to US wishes, USA can call off the attack. Or it may even loan US dollars to China to defeat the Currency Speculators.
If the Foreign Reserve of China is depleted, China may have to beg the World Bank or IMF (and behave according to US wishes).
The rules are written by the West. No matter how hard you work. No matter how fast your GDP grows. If you lose the currency war, you will suffer badly. No bullets need to be fired. No bombs need to be dropped.
One comment:Tseung, the major stake holder, USA, will not allow it. The strategy I can think of is the Malaysia Ringgit example. Make trading of Ringgit outside Malaysia illegal.
What happens if all Nations pegged their currencies rigidly to USD? Are all effectively Reserve Currencies?
Using the Malaysia Ringgit Strategy.The advisors to Malaysia must have considered the what-ifs very carefully. With such plans in place, there will be no panic.
If China were to declare trading of RMB outside China is illegal and pegged the RMB at 1USD to 6.8800, what is likely to happen?
(1) China can tell all Buyers of Chinese Goods that they can pay in USD or in RMB at 1USD to 6.8800RMB (or in their own currency at the pre-agreed swap currency rate).
(2) If the RMB fell to 1USD to 8.0000 as an example, Buyers can buy RMB in the International Market and buy the approved goods or services in China. If they use their USD, they will only have 6.8800 to spend.
(3) The Buyer Nations are likely to get as much RMB as possible in the International Market.
(4) There will not be much devaluation of RMB. Bank of China does not need to defend the RMB. Other Buyer Nations will do it.
(5) It is a win-win strategy. China wins as it can preserve its Foreign Exchange Reserve and sell more goods or services. The Buyer Nations wins as they can get more RMB for their Dollar. The Currency Speculators wins as the RMB is effectively depreciated somewhat. They would make some profit after unwinding their short position.
(6) China can even use the event to its advantage by announcing that there is a time limit (say 2 months) for the Buyer Nations to use their RMB obtained from the International Market.
The advisors to Malaysia must have considered the what-ifs very carefully. With such plans in place, there will be no panic.Tseung, what are you going to do now that you think you have a good solution?
China can effectively let its trading Nations peg their currencies to RMB. So long as RMB is stable and pegged firmly to the USD, RMB is effectively a Settlement and a Reserve Currency. In theory, all rigidly pegged currencies are Settlement and Reserve Currencies.
With this new rule, Hedge Funds and Currency Speculators have no voice in determining the exchange rate. Bank of China does not need to worry about their activities. They can still trade CNY on their Forex platforms but the rates and transactions are irrelevant.
This technique allows China to preserve the exchange rate and keep its foreign exchange reserve. The claim that the likes of George Soros are Market Forces can be ignored.
Tseung, what are you going to do now that you think you have a good solution?The attached email will be sent to all who may have an influence on the Financial World in Hong Kong and China.
Daring PtoroposalDo I really understand the present foreign exchange rules?
Tseung, the main Reserve Currency is the US Dollar. The Dollar has value because the USA Government is behind it. There is no viable alternative at present.
When China is the main trading partner with most Nations, the trade can be done via Mutual Credits or Currency Swap without involving the Dollar. China can then take the position of Reserve Currency. Other currencies can be pegged to it. China can pledge to defend the Currencies of these other Nations. As the Reserve Currency, China can print the necessary thin-air money to do so.
USA allowed the Hedge Funds to attack the financial stability of other Nations. (If USA defended Thailand in 1997, the Asian Financial Crisis would not have happened.) Developing Nations can focus on Meaningful Economic Activities rather than fearing another attack by the Hedge Funds.
Let me use the following analogy that may offend many people.
(1) Person A got very rich via unfair means such as selling drugs and robbing others. He stopped doing bad things and got on with legitimate businesses. At the back of his mind, he is afraid that those whom he hurt might revenge. He protects himself with high fences, security guards and acts as “policeman”. When he sees Person B getting rich, his first reaction is – does that post a threat to his wealth? Would Person B revenge? He might deliberately suppress or destroy Person B – treating Person B as a potential enemy.
(2) Person C got very rich via innovation and does legitimate businesses from the very beginning. Person C does not feel that he has any enemies. He is happy to share the secrets of his wealth. He may still have high fences to safeguard his wealth but he is happy to invite others to share his happiness.
(3) The tactic used by Person A is to keep the “poor” away and even keep them poor by any means available. The tactic used by Person C is to get the “poor” wealthy.
I think I have already offended many. But the Internet allows anyone to post his thoughts…
A crazy, innovative ideaLet us make it more crazy.
As many of you already know, China is embarking on encouraging innovation. Venture funding is easy to obtain. Crazy ideas will be listened. The following is one of the craziest (and most innovative) ideas that came to my attention.
(1) The entrepreneur wants to develop a bicycle that can charge batteries. The batteries can be used on the same bicycle or removed to other bicycles.
(2) The bicycles will be owned by local governments that build special bicycle lanes.
(3) The user of such bicycles actually get paid!
(4) If the battery of the bicycle is run down, there will be additional payment for recharging.
(5) There will be many “reverse rental” stations facilitating the renting and parking of such bicycles.
(6) Riders can even ride such bicycles to their own homes and use them to ride to work or to the nearby mass transit stations.
(7) The payment can be via Smart Phones.
(8) Many youngsters with no means of earning money can earn money this way.
(9) This is a green revolution. Many will not buy cars and pollute the environment.
(10) The health of Citizens will improve with the exercise.
Is the above idea crazy or innovative? Does it deserve support? Should such crazy ideas be promoted?
Let us make it more crazy.More crazy or more innovative.
(1) If the bicycles are modified to run on rails.
(2) The rails can be on same levels as the elevated, multilevel electric mass transit.
(3) One pays to use the mass transit. One gets paid to exercise on the new bicycles.
(4) The new bicycles will be totally safe as they are on rails (even 4 wheels?)
(5) Passengers may travel part of the journey on mass transit and part on new bicycles.
More crazy or more innovative.The idea is as crazy as the UFO.
(1) The new bicycles can be run standalone so that riders can ride it home.
(2) The new bicycles can be attached to the new rails as a means to provide power.
(3) The new rails has carriages for people who prefers leisurely travel and get paid.
(4) The whole family can ride together on the new bicycles and new carriages.
(5) All the new research, development and implementation can be added to GDP.
(6) There will be less need for dedicated bicycle parks as most of them are on the rails.
(7) Is it one of the Meaningful Economic Activities?
Do I really understand the present foreign exchange rules?China can directly or indirectly spread the rumor that RMB will appreciate as an agreement with Trump. China will raise the exchange rate so that Chinese Goods will be more expensive - giving USA and others a chance to compete.
(1) Many Nations adopt a floating rate policy. Some use managed float (pegged to the US Dollar but allow some up or down movement).
(2) It is the responsibility of the Central Bank of a Nation to "defend" the Exchange rate.
(3) Take the case of the Chinese Currency - RMB. If someone sells RMB, Bank of China must buy it if there were no other buyers. Otherwise, the exchange rate will go lower.
(4) If the Hedge Funds get together and all sell RMB, Bank of China will have to use the Foreign Currency Reserve to buy and thus slowly deplete the Reserve.
(5) If the Foreign Currency Reserve is depleted, China will have no option but to allow the RMB to float and devalue. (Under present rules).
(6) If the Hedge Funds can borrow or obtain RMB at low cost, they can keep selling RMB and deplete the Chinese Foreign Currency Reserve.
(7) The Hedge Funds can spread the rumour that RMB is about to devalue and cause many RMB holders - Chinese Citizens, Companies or Trading Partners etc. - to exchange their RMB for USD. There will be many sellers. Bank of China may become the only buyer.
(8) If Bank of China does not buy, the exchange rate will fall, there will be more panic to sell the RMB for USD to preserve the wealth.
(9) The Hedge Funds can claim that it is "Market Forces" at work. They can always blame the collapse of the RMB (and the inevitable instability and loss of confidence in the Chinese Government) on Chinese corruption, massive debt, over expansion and inevitable failure of Communism).
Am I correct?
http://orientaldaily.on.cc/cnt/finance/20170125/00273_001.html (http://orientaldaily.on.cc/cnt/finance/20170125/00273_001.html)When daily newspapers carry such article, the currency war is clear. The Hedge Funds are using the well-tried strategy of spreading rumors that the RMB will depreciate. The Foreign Currency Research of China is going to dwindle and get more people "to push down the wall".
The above Chinese Newspaper Article described the attack of the RMB by the Hedge Funds. It said that the Hedge Funds used "news" to spread gloom for China. The Foreign Exchange Reserve plummeted from 4 trillion to 3 trillion with no sign of stopping.
人民幣貶值趨勢既成,引發內地走資潮,人行不惜動用外匯儲備去減慢貶值速度,力圖挽回市場信心,可惜堆沙填海,治標不治本。去年十二月,中國外儲跌至三萬億美元邊緣,創近六年新低,較高位縮水近萬億美元。
中央穩信心效果不彰,反而因外儲消耗,惹來金融大鱷群起攻擊,並唱淡中國外匯儲備會跌至二萬六千億美元,隨時觸及警戒線。大鱷屢發這些言論,實際上是要借助市場力量,聚眾推牆,測試底線為名,向市場發放悲觀預期為實,推冧人民幣,從中獲利。
http://orientaldaily.on.cc/cnt/finance/20170125/00273_001.html (http://orientaldaily.on.cc/cnt/finance/20170125/00273_001.html)A discussion session
The above Chinese Newspaper Article described the attack of the RMB by the Hedge Funds. It said that the Hedge Funds used "news" to spread gloom for China. The Foreign Exchange Reserve plummeted from 4 trillion to 3 trillion with no sign of stopping.
人民幣貶值趨勢既成,引發內地走資潮,人行不惜動用外匯儲備去減慢貶值速度,力圖挽回市場信心,可惜堆沙填海,治標不治本。去年十二月,中國外儲跌至三萬億美元邊緣,創近六年新低,較高位縮水近萬億美元。
中央穩信心效果不彰,反而因外儲消耗,惹來金融大鱷群起攻擊,並唱淡中國外匯儲備會跌至二萬六千億美元,隨時觸及警戒線。大鱷屢發這些言論,實際上是要借助市場力量,聚眾推牆,測試底線為名,向市場發放悲觀預期為實,推冧人民幣,從中獲利。
http://orientaldaily.on.cc/cnt/finance/20170125/00273_001.html (http://orientaldaily.on.cc/cnt/finance/20170125/00273_001.html)The Hedge funds spread rumors that RMB will depreciate while they mount their attack. What is the Bank of China doing?
The above Chinese Newspaper Article described the attack of the RMB by the Hedge Funds. It said that the Hedge Funds used "news" to spread gloom for China. The Foreign Exchange Reserve plummeted from 4 trillion to 3 trillion with no sign of stopping.
人民幣貶值趨勢既成,引發內地走資潮,人行不惜動用外匯儲備去減慢貶值速度,力圖挽回市場信心,可惜堆沙填海,治標不治本。去年十二月,中國外儲跌至三萬億美元邊緣,創近六年新低,較高位縮水近萬億美元。
中央穩信心效果不彰,反而因外儲消耗,惹來金融大鱷群起攻擊,並唱淡中國外匯儲備會跌至二萬六千億美元,隨時觸及警戒線。大鱷屢發這些言論,實際上是要借助市場力量,聚眾推牆,測試底線為名,向市場發放悲觀預期為實,推冧人民幣,從中獲利。
https://en.wikipedia.org/wiki/Internationalization_of_the_renminbi#RMB_as_a_reserve_currency.5B22.5D (https://en.wikipedia.org/wiki/Internationalization_of_the_renminbi#RMB_as_a_reserve_currency.5B22.5D)Tseung, are saying that Bank of China gambled foolishly and lost one Trillion USD?
I will gamble if the odds are definitely in my favor. It is not really gambling. It is legally robbing money from the other side. When Hedge Funds gang up to push the RMB down, they will tilt the balance in their favor. They will win. The rumor they spread that RMB will devalue is self-fulfilling.
Looking back, it is a trap in the Currency or Economic War. China was doing well with the RMB pegged to the Dollar and "closed" Internationally. Economic War is fought with cunning. It is difficult to distinguish between friend and foe. The trusted advisor may actually be the worst enemy.
Tseung, are saying that Bank of China gambled foolishly and lost one Trillion USD?Yes. The advisors who advised RMB Internationalization in the present form are likely to be spies or Trojan Horses in the Economic War.
Tseung, you should learn more about Forex trading by actually performing some trades. In the Spot Market, the trading is on derivatives - not the currency itself.An old classmate said: "I shall open a demo account and show the World how to turn the 200K in that account to 5m. Just sell RMB and see that it depreciates slowly."
@Tseung
I wanted to say thank you for creating your compilation of knowledge.
It has helped me greatly in my newest project.
An old classmate said: "I shall open a demo account and show the World how to turn the 200K in that account to 5m. Just sell RMB and see that it depreciates slowly."From a Senior Citizen, "I do not mind opening a Demo account to past my time. However, I know nothing about Forex trading, can you post pointers to Forex Trading? Will you answer questions on strategies used to turn 200K to 5m?"
Can he succeed?
From a Senior Citizen, "I do not mind opening a Demo account to past my time. However, I know nothing about Forex trading, can you post pointers to Forex Trading? Will you answer questions on strategies used to turn 200K to 5m?"Forex tutorial
The fourth Forex Transaction is interesting. It is still open.
When the Market is against you, what should you do?
(1) Suppose you sold RMB at 6.8500. You did not put in any limits as you were free and watched the market movements.
(2) The Market moved against you. It dropped to 6.8400. That represented a loss of 100PIP.
(3) You believe that the lowest value would be 6.8200. There is no way that the RMB will appreciate so much. You believe that the Hedge Funds will drive RMB to 7.0000 or more.
(4) The exchange rate continued to drop to 6.8300. The News was that the US stock and currency were falling because the Trump Executive Order against Muslims was facing opposition. The potential loss amounted to more than HKD18,000.
(5) There are a few options after guessing wrong.
(5a) Close the position and take a HKD18,000 loss.
(5b) Buy more RMB at the lower value, say 6.8250. The margin requirement is increased. But you have effectively reduced the break even point to (6.8250+6.8500)/2 or 6.8375.
- If the exchange rate moves up in your favor, you have two trades working for you.
- If the exchange rate moves down, you lose more. But that means RMB will appreciate significantly - the Hedge Funds do not like it. China also does not like it!
(6) When you have sufficient margin, you can keep both orders open and wait for the tide to turn in your favor.
Let us see what we can learn in this transaction. It is not closed yet.
*** With the trade volume, 1 PIP represents approximately HKD85. Each open and close transaction involves 19 PIP or 1,615HKD. Frequent trading means giving a higher percentage to the Forex exchange.
As of Feb 1, USD/CNY closed at 6.87907. low 6.87738 high 6.88218
The position is half closed with realized profit of HK$9,544.79.
Open 6.8245 Closed 6.8364 Gain of 119PIPs.
The profit side was closed first when the net gain was slightly positive.
(1) One technique is to close both legs simultaneously, realizing no gain or loss.
(2) Since it was so much fun, I decided to let the losing leg open. If the exchange rate goes down, I repeat the exercise. If the exchange rate goes up, I start to get more profit.
The quoted USD/CNY rate was 6.8310. CNY is traded in China. CNH is traded in offshore centers such as Hong Kong. The rates can be different somewhat. CNY rate is quoted by Bank of China. CNH rate is purely market driven.
As of Feb 1, USD/CNY closed at 6.87907. low 6.87738 high 6.88218@Tseung
USD/CNH should be following with similar rate. The latest USD/CNH = 6.8364. Thus it has room to increase. (RMB depreciates).
The bet is on a rate increase. Thus open another position at 6.8345.
The two legs are:
Open at 6.8458 profit limit 6.8503
Open at 6.8345 profit limit 6.8508
No stop loss. Can wait a few days. If successful, the profit from both legs should exceed HK$20,000.
This Forex trading is extremely addictive even with virtual money. No wonder the daily transaction volume exceeds 5 trillion and increasing. If China catches on, exceeding 10 trillion is possible.
@TseungChina is looking for vehicles for its citizens to invest their hard earned money. If too much is invested in real estate, the real estate prices will shoot up like Hong Kong. The average income earners may no longer .to buy their own home. If the investing is in real assets such as gold, oil, factories, the prices will shoot up. The only way in the long run is let citizens invest in virtual assets such as derivatives.
If you are a successful Forex Trader, you will be logged out. It is like the gambling industries banning card counters. The Forex Industry is largely unregulated. If you were logged out and lost your earnings, (they will return your capital), there is no place to sue.
@TseungUCNH. The main currency pair exchange in Hong Kong is the RMB and HKD. Usually, such rates are displayed prominently.
When one exchanges money in the retail exchange shops in Hong Kong, which rates do they use?
CNH. The main currency pair exchange in Hong Kong is the RMB and HKD. Usually, such rates are displayed prominently.@Tseung
@TseungThe Meaningful Economic Activities for China at present should focus on improving the quality of life of its Citizens. No more poverty. Every family has electricity, running water, connection to Internet, health care, education and social benefits...
The Hedge Funds and Speculators can manipulate the USD/CNH exchange rate via the spot Forex market. But they still cannot manipulate the USD/CNY exchange rate as that is within China. So long as China maintains the separation, RMB will not be forced to devalue.
China should focus on defining and improving the quality and quantity of its Meaningful Economic Activities. Do not just follow the rules or examples set by the West.
As of Feb 1, USD/CNY closed at 6.87907. low 6.87738 high 6.88218All positions were closed. Hit profit limit.
USD/CNH should be following with similar rate. The latest USD/CNH = 6.8364. Thus it has room to increase. (RMB depreciates).
The bet is on a rate increase. Thus open another position at 6.8345.
The two legs are:
Open at 6.8458 profit limit 6.8503
Open at 6.8345 profit limit 6.8508
No stop loss. Can wait a few days. If successful, the profit from both legs should exceed HK$20,000.
This Forex trading is extremely addictive even with virtual money. No wonder the daily transaction volume exceeds 5 trillion and increasing. If China catches on, exceeding 10 trillion is possible.
The Meaningful Economic Activities for China at present should focus on improving the quality of life of its Citizens. No more poverty. Every family has electricity, running water, connection to Internet, health care, education and social benefits...Some thoughts on Meaningful Economic Activities for China:
@Tseung
Can you apply the theoretical model of SURE WIN? This SURE WIN concept is simple. If you win. Repeat betting at 1 unit. If you lose, bet 2 units. If you lose again, bet 4 units. If you have infinite amount of capital, you will always win.
In the Forex Market, The odds are not 50-50. There is a transaction cost (spread). But the theoretical SURE WIN method still applies.
*** The Forex Broker or Market Maker can prevent you from winning too much by logging you out! They can log you out while you were incurring losses. Thus they are the real winners!
Forex Premium is the interest that is gained or lost on any open position held overnight.Stop loss activated. Loss around HKD8K.
Opened one position to check out - receive some interest.
Sell USD/CNH @6.8437 Stop loss @6.8541
Let it ride for a few days to receive some interest. Maximum loss=104pips.
@Tseung
Can you define what you understand by the UFO technology?
Stop loss activated. Loss around HKD8K.Trying out another strategy. Put in a sell order. This means that we have two opposite orders cancelling each other out. I can rest at peace no matter how the market moves. The plan is to get deep into the resistance level. If the rate keeps rising, there will be no more risk. Can wait until a very high level. When the rate falls clearly, take profit on the long side. Let the short side take advantage of the downward trend and profit.
Wait for 6.8650 before another sell order. This is the safe route - stop loss and repeat deeper in the resistance range.
Next time, enter the short and long at approximately the same time. The trransaction cost will probably be twice the spread or 38 PIPs (approximately HK$3,000). When guessed right, the profit should be in the region of $20,000. (If doubled at the new level, the profit should exceed 40K. Not bad.
Trying out another strategy. Put in a sell order. This means that we have two opposite orders cancelling each other out. I can rest at peace no matter how the market moves. The plan is to get deep into the resistance level. If the rate keeps rising, there will be no more risk. Can wait until a very high level. When the rate falls clearly, take profit on the long side. Let the short side take advantage of the downward trend and profit.
Actual figures:
Short the pair @6.8643 No stop loss. Aim to take profit when the pair drops to 6.8123. Profit 520 PIPs.
Long the pair @6.8709 No stop loss. Total unrealized loss = -7,200. Aim to hunt for the top resistance level totally risk free. (Will have to pay some premium.)
*** When top presumably reached, short again at that level.
Trying out another strategy. Put in a sell order. This means that we have two opposite orders cancelling each other out. I can rest at peace no matter how the market moves. The plan is to get deep into the resistance level. If the rate keeps rising, there will be no more risk. Can wait until a very high level. When the rate falls clearly, take profit on the long side. Let the short side take advantage of the downward trend and profit.
Actual figures:
Short the pair @6.8643 No stop loss. Aim to take profit when the pair drops to 6.8123. Profit 520 PIPs.
Long the pair @6.8709 No stop loss. Total unrealized loss = -7,200. Aim to hunt for the top resistance level totally risk free. (Will have to pay some premium.)
*** When top presumably reached, short again at that level.
UFO technology is closely tied to politics. We are in the middle of an Economic War. Forex is an important weapon in this economic war.
Hey Stupid
This forum about Energy, not Forex or Politics. Are you that desperate to hear your own voice that you need to just dribble manure all day.
What happened to all those UFO's you said were flying around? Please show us working UFO off the Fung wheel or whatever madness it is you are vomiting.
I realise that in China you don't get paid much and this leads to general unhappiness but please go outside and find a girlfriend or something
The attached picture showed the positions and thoughts. The price is around 7,000 virtual HK$. The knowledge gained is as valuable as the book "Beat the Dealer" describing the Black Jack card counting technique.
The learning experience and the strategy to turn 200K to 5m riding on the Hedge Funds attack on RMB.
Question 12: What will happen if China uses one of the "not officially recognized" Chinese Brokers within China to do the trade?
Make sure that Broker can act as Market Maker for the USD/CHN trade. Use one that can be totally "controlled" in Hong Kong or Macau is acceptable. Best is to use one within China.
Trading through such a broker with the result of the trade reflected on the International Forex computer systems can guarantee that China will beat the Hedge Funds. No Foreign Currency Reserve will ever be used. The trading can be done with thin-air created RMB. China can theoretically create infinite amount of RMB and no gang of Hedge Funds has a chance to beat China.
Do not stupidly trade via the foreign Forex Exchanges. (Is China trading through the London Forex and giving away billions?)
This can be achieved quietly without any loss of face or announcement of changes in policy. It can be done on Monday when the Forex Market in China opens...
Question 17: What will happen to the USD/CNH pair prices if China does take the actions you recommend?
If China were to trade through “a controlled” Forex exchange or broker within China, there will be many trades around 6.85. There will be no more drain on the Reserve. The to be published figure on March 7 should reflect that. The Hedge Funds will soon realize that their efforts will no longer be effective. They will get the News Media to call China a currency manipulator.
If the long term prospect is an exchange rate of around 6.85, the betting strategy will have to change. There will not be any “sure win” any more. Too bad. But China is saved…
The winning strategy may be to open Forex Exchanges in China or buy the stock of the Companies that will do so… ;) ;)
Question 20: If China does not want to play according the present rules, which new rule is China most likely to take?
In my opinion, China is likely to revert back to pegging rigidly to the USD with periodic appreciation of the RMB. China already had experience and success with that system. China can focus back on international trade and not the losing currency game.
China may stop popping up the RMB exchange rate (USD/CNH pair) and let that rate to increase suddenly to ridiculous levels. The USD/CNH pair value may shoot pass 7.0 and then exceed 10.0. China can then point to the attack by the crocodiles (Hedge Funds) and justify reverting back to the pegged currency system.
When China pegged RMB rigidly to the USD and had strong currency controls, the RMB was highly valued. Investors viewed it as safe; paying higher interests and were happy to own RMB. The Foreign Currency Reserve kept piling up.
Can China move back to the good old days? YES. Let the crocodiles jack up the rate to ridiculous levels for a few days. Explain the need to change the rules of the game clearly. Get the Chinese economists and other like-minded economists to write hundreds or thousands of supporting articles. Promise President Trump that the RMB will periodically appreciate and not take advantage of the low rate to boost exports.
Question 21: Most people lose money in Forex Trading. You are saying that you have a "sure-win" technique by trading along side with the crocodiles. Will you be devoured by the crocodiles yourself?
The crocodiles are forcing the RMB to depreciate to drain the Foreign Currency Reserve of China. They are using the USD/CNH pair to do so. They open the pair at a low value (e.g. 6.5000), betting the value to go up. Someone has to be on the other side. The Central Bank of China or its agents wants to keep the rate from rising too much and buy the pair at that rate. The crocodiles and the Western News Media "predict" a devaluation of the RMB. The massive news coverage got many RMB holders to exchange their RMB holdings to USD. Most calculating Forex Traders will also bet on depreciation of the RMB. They will bet on the side of the crocodiles.
This means the Central Bank of China will be the only major player betting the RMB will not depreciate too fast (or the USD/CNH rate does not increase too fast). It is a one-sided battle. The gang of Hedge Funds or crocodiles and "allies" will win. The Central Bank of China will drain its Foreign Currency Reserves to pop up the RMB. The drain started in 2015 and continuing.
The present value is around 6.9000. This means the crocodiles have achieved a gain of 4,000 pips. At the same time, it means the Central Bank of China lost 4,000 PIPs. To the average Forex Trader, each PIP represents HK$100. But for the crocodiles, each PIP easily represents HK$1,000,000. 4,000 PIP means 4,000,000,000 or HK$4billion. Each crocodile took in HK$4 billion. The drain of the China Foreign Currency Reserve of 1 trillion USD is not surprising.
This sure-win strategy will continue as long as the crocodiles attack the RMB and the Central Bank of China is the only major player popping up the RMB. In this scenario, we are not talking about trading Forex in general. We are talking about betting with the winner who is overwhelming the Central Bank of China and draining its Reserves. When will China ever learn?
The crocodiles are too busy devouring the Chinese Dragon to care about the small fishes (the small Forex traders.)
There is an unwritten rule and a well kept secret.
In the 1920s, the USA public blindly believed that the stock market would only go up. They poured in their savings and many borrowed to jump onto the stock market. What goes up must come down. The great depression followed.
Now, the USA big banks and government have this unwritten rule and secret. They will intervene to ensure the Market does not get crazy again. They will cool the market down to prevent another depression.
There is no such an unwritten rule and secret intervention in the Forex Market. The unknowing Nations stupidly use their reserves to pop up their exchange rates. It is up to the crocodiles to decide when to devour them.
Question 22: Do you think that Governments must have a role in the “financial markets”? Will the simple law of supply and demand be sufficient as the controlling mechanism?
Past experiences tell us that the “free market” will sometimes swing to extremes. For example, the Hong Kong Housing Market is going crazy. Property Developers bid up the land prices to unsustainable new heights. There is no supply of new lands to cool down the Market. Housing is no longer for living but has become a vehicle for speculation.
The crocodiles know this too well. They can devour the unknowing Public and even Nations.
Responsible Governments must have the “shark prevention” nets and the trained officials to regulate, monitor and intervene if and when necessary. They should have “friendly” hedge funds...
I was surprised to read a Hong Kong Newspaper article claiming that the high bidding price for land in Hong Kong was nothing to worry about. Hong Kong Government benefits from the land sales. Hong Kong Government can build more low cost housing for the low income.
Property speculation helped many to become rich. The average home owner in Hong Kong can easily sell his home and buy a much larger piece of property in USA, Europe, Canada, Australia and China. He does not need to live in Hong Kong.
Is he right???
Question 25: What do you think of Binary Options?
It is a scam.
U.S. FBI investigation
In February 2017, the Times of Israel (https://en.wikipedia.org/wiki/The_Times_of_Israel) reported that the U.S. Federal Bureau of Investigation (https://en.wikipedia.org/wiki/Federal_Bureau_of_Investigation) is conducting an active international investigation of binary option fraud. It quoted an FBI supervisory special agent as saying, “Our agents are going to look under every rock and stone....We are not limited to the USA.” Victims from anywhere in the world were asked to contact an FBI field office or the FBI's Internet Crime Complaint Center (https://en.wikipedia.org/wiki/Internet_Crime_Complaint_Center). The investigation is not limited to the binary options brokers, but is comprehensive and might include, for example, the industry's backend, providers of services that allow the industry to operate. Credit card (https://en.wikipedia.org/wiki/Credit_card) issuers will be informed of the fraudulent nature of much of the industry an, which could possibly allow victims to receive a chargeback (https://en.wikipedia.org/wiki/Chargeback), or refund, of fraudulently obtained money.[4] (https://en.wikipedia.org/wiki/Binary_option#cite_note-FBI-4)
"Tseung, if Binary Option is a scam and Forex is a game, what is real?"
In the world of paper money, the money is backed up by the authority of the Government. Citizens believe in it and accept it as media of exchange. It is more convenient than carrying gold or silver. But the era of paperless money is coming. China is much more advanced than Hong Kong. Almost all payment and money transfers can be via the smart phone. There is no need to carry paper money. It is safer and people are having more confidence in using it. It is better than credit cards.
Question 23: Do you think that the 5 trillion a day Forex Market is just a game? If China trades through its own Forex Exchange and posts the results in the Forex Computer Systems, it can theoretically achieve any exchange rate? All other Nations can do the same? Individuals can still trade and participate in the 5 trillion a day trading. Is it meaningful?
I have been discussing this with many others. It is like gambling in the casi*o owned by the family. Losing or winning makes no effective difference. The result of the trading is posted as the “official exchange rate”! It clearly is a game.
*** I have to admit that I enjoy the game - even with fake or demo money. It is intellectually challenging. It get me to read much more about the "international happenings" including unemployment figures, trade balances, news events and articles by journalists. It is more addictive than almost any computer game. I can start conversation with almost any stranger with the opener - I think I have a sure-win strategy based on the crocodile attack on the RMB.
Question 23: Do you think that the 5 trillion a day Forex Market is just a game? If China trades through its own Forex Exchange and posts the results in the Forex Computer Systems, it can theoretically achieve any exchange rate? All other Nations can do the same? Individuals can still trade and participate in the 5 trillion a day trading. Is it meaningful?
I have been discussing this with many others. It is like gambling in the casi*o owned by the family. Losing or winning makes no effective difference. The result of the trading is posted as the “official exchange rate”! It clearly is a game.
Currently China massively invests in the Africa already- but I seriously doubt, it's because it wants to help the poor nations there. It's just another form of neocolonialism, because China needs the strategical raw sources for its further development. And how the Russia is helping the Georgia, Abkhazia, Chechnya or Ukraine we can already see - it's less or more opened annexation under intention to restore the power of former Soviet Union. The cooperation of Russia with China is indeed possible, because the Russia has also the raw sources, which just China needs - but such a politics would be very short-seeing and dangerous (http://www.valuewalk.com/2017/01/china-vs-russia-us-nuclear-weapons) for Russia, because its economy could be swallowed with China easily. The Russia may remember soon (http://nationalinterest.org/blog/the-buzz/the-strange-story-russia-chinas-cold-war-nuclear-weapons-18518), how that they asked USA to nuke China (http://www.telegraph.co.uk/news/worldnews/asia/china/7720461/USSR-planned-nuclear-attack-on-China-in-1969.html) - and how USA refused to do it.
IMO you're idealizing China too much. Every sufficiently powerful country will start to behave like the geopolitical power in similar way, like every sufficiently large company will use monopolist practices soon or later. It's visible on China's attitude over Senkaku islands for example: why it couldn't embrace them, if it can and some oil is there? So it grasps the opportunity.
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. (http://overunity.com/file:/C:/Users/2008/Before%202006/Politics/Documents%20and%20SettingsWesley桌面%22%20l) 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 (http://overunity.com/file:/C:/Users/2008/Before%202006/Politics/Documents%20and%20SettingsWesley桌面%22%20l) in this process. No worthwhile projects or improvements will ever suffer due to a lack of capital, information or talent.
China must expand the relationship selling technique into a science. (http://overunity.com/file:///C:/Users/2008/Before%202006/Politics/Documents%20and%20SettingsWesley桌面%22%20l) 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 (http://overunity.com/file:///C:/Users/2008/Before%202006/Politics/Documents%20and%20SettingsWesley桌面%22%20l) in this process. No worthwhile projects or improvements will ever suffer due to a lack of capital, information or talent.
China must expand the relationship selling technique into a science. (http://overunity.com/file:///C:/Users/2008/Before%202006/Politics/Documents%20and%20SettingsWesley桌面%22%20l) 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 (http://overunity.com/file:///C:/Users/2008/Before%202006/Politics/Documents%20and%20SettingsWesley桌面%22%20l) in this process. No worthwhile projects or improvements will ever suffer due to a lack of capital, information or talent.
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.
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?
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.
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.
Concept of Sure-win BusinessesImagined meeting between Pakistan and UK
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.”
Imagined Meeting at AIIB
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 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).”
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…
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.
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.
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.
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.
…..
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…”
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.
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.
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.
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.
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.
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.
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.
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.
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 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...
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.
In the past, when a Nation got more developed, more powerful and militarily strong, it would expand and conquer other Nations. Its progress and wealth brought suffering to others.
The one-belt-one-road initiative is a new direction. When China becomes wealthier, technically more advanced, it helps other Nations to become rich. It uses its spare capacity to help other Nations to build infrastructures. It prints thin-air money to provide the capital. It does not use force to impose its ways. It builds and maintains its wealth by helping other Nations rich. This win-win philosophy should be heavily promoted.
Japan is following similar paths. It is helping India and Indonesia with capital (thin-air money) and technology to "compete" with China. This is actually win-win for the World.
What would I say to the one-belt-one-road participating Nations.
1. To the Developed Nations:
Use your knowledge and spare production capacity well. Knowledge has the unique property that the more you give away, the more you will have. One way to deal with spare production capacity is to cut back. That will mean loss of jobs and incentive to develop better. Use that spare capacity to help Developing Nations. Forget the "return on investment" ROI principle. Capital or money can be created from thin-air. Much of the so called investment in the Financial Market is games - gambling on Forex, derivatives, junk bonds etc.
Comment:
Tseung, you have violated the cardinal principle of "Return On Investment". The whole Capitalism Philosophy relies on Return On Investment. No private enterprise will go into large non-profit making ventures. It is simply not sustainable.
You are saying that a Nation can go into non-profit making ventures because it can print thin-air money. This violates the principles of economics. The printing of money represents debt. The debt must be repaid by us or by our off-springs. No Banks, including the Asian Infrastructure Investment Bank, will loan to such projects. The shareholders or member Nations will not allow such foolish investment.
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.
Comment:
It does not need to be Gwadar. Any City (old or new) can do the above.
Tseung, your most interesting post is that China can Forex Trade via its own Forex Exchange and save trillions of Foreign Currency Reserve.
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.
Tseung, China is actually very backward in moving along the ground or ocean. The fastest transport is via air. That is why USA is not interested in the one-belt-one-road initiative.
In reality, there is no need to travel all the time. Communication via the Internet is cheap, efficient and convenient. It also saves energy. USA controls the air transport and the Internet industries. Why should it waste its time on the not very Meaningful Economic Activity of Land Transport?
Comment:
Tseung, you should watch the Chinese TV series - "In the Name of the People". It pointed out many interesting facts:
1. Chinese Officials are rated on their ability to increase GDP.
2. Infrastructure projects are easiest to contribute to GDP.
3. The chance of "legal corruption" is high in approving GDP projects.
4. The lazy Officials do much more harm to the economy.
5. Many Officials bring their relatives and friends to the gang. They look for loyalty.
6. Preventing corruption is very difficult - many anti-corruption Officials have dirty laundry.
The one-belt-one-road initiative will pump much more capital (thin-air money) into the World Economy. Will there be more "legal corruption"?
When a Government can print thin-air money, it can create sure-win businesses. For example, if a road were to be built, the workers need to eat and food must be delivered to the site. The Catering Company will become sure-win so long as it can deliver. An Official can approve such an "insignificant project". This is just a simple example. If one were the Catering Company, one could buy the food ingredients from one's relatives or friends...
The final judging is - can the road be built on time, within budget and contribute to GDP?
Hong Kong is stupid. It imprisoned its two top former Officials who fought the crocodiles... Now, nobody with capability wants to be in the Government. Are "lazy Officials" better - the Dr. Do Nothings. Can the Dr. Do Nothings drive the one-belt-one-road?
http://www.cnbc.com/2017/05/07/china-april-fx-reserves-rise.html (http://www.cnbc.com/2017/05/07/china-april-fx-reserves-rise.html)
China's April FX reserves rise, beating market expectations
China's foreign exchange reserves rose in April for a third straight month, beating market expectations, as capital controls and a pause in the dollar's rally helped staunch capital outflows.
Reserves rose $21 billion in April to $3.03 trillion, compared with an increase of $3.96 billion in March to $3.009 trillion.
***Has China mastered the trick of Forex Trading via its own Forex Exchange?[/font] If so, we shall see a controlled increase in Reserve from now on...
I believe China and Mongolia have a Mutual Credit Agreement. Mongolia can use RMB to buy Chinese t goods and services. Mongolia has few manufacturing goods and relies much on imports. Thus the RMB is very valuable.
But what can China do with the equivalent Mongolia Currency. One goal is to make other Nations rich. Can China use the Mongolia Currency to build hotels, tourist attractions, internet, innovative buildings that are energy efficient? Can China help to export Mongolia products internationally? If two camps compete to get Developing Nations rich, Mongolia can be in the China+Russia Camp.
China and Russia can set up Internet Forums to solicit ideas worldwide. Can there be winter sport facilities? Can there be sure-win businesses? Can there be educational tours? Can there be model farms, villages, towns and cities? Can there be joint exploration of Natural Resources? Can there be casi*os? Can grass and other vegetation grow to support herds in animal farms? What kind of technology can be introduced? Can there be exchange visits for Government Officials? If some Officials are trained and motivated to raise the standard of living of the Mongolian people, what will happen? What kind of sure-win businesses can be established by the private sector?
In the one belt one road initiative, the capital (money) is largely printed by China, will there be any negative consequences?
US prints money to support bonds and derivatives. The money flows down from Banks and other financial institutions. That gives Wall Street immense power and wealth. The percentage directed to real human needs is small. Many of the elite see a larger number in their bank accounts.
China prints money to support Infrastructures within China first. It then supports Infrastructures in other Nations. The Citizens see real structures and feel real benefits. They experience an actual improvement in their standard of living.
Will China run out of meaningful projects to invest in? Will China and the rest of the World run out of Meaningful Economic Activities and have to copy the US act of investing in derivatives and numbers?
That day is far away. All Nations will be out of poverty by that time.
There will be much thin-air RMB printed. But the printing helps to generate Meaningful Economic Activities. If US does not do that role, China can and should take up that role. RMB will automatically become the Settlement and Reserve Currency. China knows how to Forex Trade via its own Forex Exchange and thus can define the RMB exchange rate without draining its Foreign Currency Reserve.
So far, I cannot see any negative consequences. China have the excess production capacity, the know-how to build infrastructures and[font=] the will to get other Nations rich. [/font]It stands on high moral grounds. It enjoys such a leadership role.
Will Wall Street be able to dream up another Economic War Atomic Bomb???
Mutual Credits and Sure-win Businesses
It is important to link these two concepts together. The poorer Nation B can purchase goods and services from the richer Nation A with the exchanged currency. The richer Nation A can help Nation B to become rich via the Sure-win Businesses. It has the currency of Nation B. It can easily persuade its investors to invest in Nation B. For example, it can fund a restaurant district and rent the restaurant sites out at a low rent. The chance of investors making money is very high. Investors need not all be from Nation A. Nations C, D, E, etc. are welcome to participate to provide the variety. Win-win to all Nations.
Introduce remote control and monitoring. Plan together, work together and enjoy together..
Comment:
I always wonder where does China get the Money to build infrastructures for itself and for other Nations.
You gave the simple answer - print thin-air money.
Within China, the Infrastructure Builders accept RMB. Outside China, most of the Infrastructure Builders are also Chinese Companies, they obviously accept RMB. Will a European Nation such as UK accept RMB to build the Infrastructures for a third party Nation such as Ethiopia?
China have learned the lesson. It is technology, technology and technology that is responsible for making a Nation rich. Capital (money) can be printed.
1. The first thing to master is the technology to grow or get enough food for the citizens. Subsistence farming is NOT the answer. The answer is agricultural technology. With agricultural technology, the number of farmers can be greatly reduced.
2. The second thing to master is the industrial technology. China accepted low wages and pollution. Let the investors make lots of money. Learn the technology. Improve on the process. China became the factory of the World.
3. The third thing to master is to use thin-air money to build infrastructures. The technology must be there first. The early dam constructions and steel making were “tofu” engineering – use inefficient labor forces and non-scientific methods. After learning the real technology, employ the technology on a massive scale. Ensure the citizens see and enjoy the benefits.
4. The fourth thing to master is the new technology such as Internet and mobile phones. Focus on innovation.
5. The present stage is to carry out the philosophy of “getting rich and remaining rich by helping others rich”. For China, technology and capital are no longer scare resources. Both have the property that the more you give away, the more you will have.
6. There is no need to follow the Western Economic Principle of Return on Investment. Treat the Wntrorld as one Nation. Within a Nation, the government must ensure that every citizen has food, shelter, education, health and social benefits. Every citizen should be given opportunity to be the best he can be. With long term Globalization, all Human Beings are treated as belonging to One Nation.ilding t
https://www.youtube.com/watch?v=ENZ7mUw36to (https://www.youtube.com/watch?v=ENZ7mUw36to)
CPEC will receive 50 billion USD investment and generate over 2 million jobs in Pakistan.
Will there be stability? Will there be results within 2 years? Will it be a success story by 2019?
There is much planning being done. Money, technology and determination are there...
Gwadar will become a major port improving the energy route to China.
Will China make it a success? Can Pakistan and China together overcome all difficulties?
Can the Pakistan Economy progress as fast as that of China in the next 15 years?
What will hold back the progress?
What are the sure-win businesses?
;
What are the model farms, shopping malls, cities, factories, etc?
What are the infrastructures and how can they be built quickly - power stations, dams, roads, airports, hospitals, universities, social services, high speed trains, financial institutions, internet, etc?
What kind of win-win examples can be shown? Will there be shining examples to show in 2019?
Can the Pakistan Economy progress as fast as that of China in the next 15 years?
What will hold back the progress?
What are the sure-win businesses?
;
What are the model farms, shopping malls, cities, factories, etc.?
What are the infrastructures and how can they be built quickly - power stations, dams, roads, airports, hospitals, universities, social services, high speed trains, financial institutions, internet, etc.?
What kind of win-win examples can be shown? Will there be shining examples to show in 2019?
Hong Kong and Pakistan can have a Mutual Credit exchange. The principal activity can be the setting up of Think Tanks targeted on the CPEC or One Belt One Road. Pakistan wants Gwadar to grow to be superior to Hong Kong. One path is to send Strategic Thinkers to study Hong Kong. The thinkers will study the Hong Kong Airport, the MTR, the container ports and the tourism attractions. They will also study the high speed rail, the Hong Kong- Macau-Zhuhai Bridge. They will study how the high housing prices boost the Hong Kong economy. They will study the stock market, the hospitals, the educational systems and the labor market. They will study how the domestic helpers from Thailand, Philippines, and Indonesia etc. helped Hong Kong.
They may also have similar arrangements with Singapore, Shenzhen and Shanghai. There will be much money involved. But that can be thin-air money from both sides. The activities can be classified as Meaningful Economic Activities.
The Strategic Thinkers from the Hong Kong Think Tanks can study and monitor the development in Gwadar and Pakistan. They will study the development model and compare it with other models. They will propose sure-win projects for both sides to achieve win-win. They will study the opportunities for the Hong Kong entrepreneurs in CPEC. They will show how Pakistan can control its own currency exchange rate and protect the financial attacks from the Sharks or Hedge Funds. They will help to set up the various model farms, malls, factories, restaurant or retail franchises, low cost housing, tourist attractions etc.
Both Hong Kong and Pakistan will gain confidence in such Think Tank Exchange Activities. Win-win.
China Moderately wealthy by 2020?
The stated goal of China is to have all citizens moderately wealthy by 2020. What does that really mean?
1. From before birth, there are health checks. Additional social services will be provided to the family.
2. Proper care is taken at birth. Preferably at well-equipped hospitals. The minimum is properly trained mid-wives.
3. Assigned social workers will visit babies – providing help if and necessary.
4. Free education up to secondary school level. Every student will have access to Internet via personal computer or smart phone. State subsidies will be provided to ensure such facilities are available.
5. University or higher education may be available on a competitive basis. The opportunity will be given to the successful competitors. However, continued Internet education is free and available to all.
6. State Capitalism will try to provide opportunities for all. Citizens can work in Governments or in the private sector. Sure-win businesses will be created with the State providing thin-air money if appropriate.
7. Every family is guaranteed shelter, electricity, running water, access to internet, health care, social services such as help during unemployment, re-training, disaster relief etc.
8. Every adult will be able to participate in Super Democracy. They can participate in forums, select representative and vote on key issues via their PCs or Smart Phones.
9. Every citizen will receive retirement benefits to ensure that they can enjoy a minimum standard of living when retired.
Will China be able to achieve that by 2020? At present, almost all homes have electricity, running water and access to Internet. Computer data can point to every family that may need help. Officials are judged on their ability to bring wealth to these families. The one belt one road initiative is opening vast opportunities outside China. The knowledge level is increasing at a rapid rate. Think Tanks are popping up everywhere. China will not drain another trillion of its foreign currency reserve from stupid Forex trading. That trillion can be directed towards one belt one road projects. If China can maintain peace, it can achieve the fast pace of economic growth.
At the fishing pond:
Fisherman: "Can China bring moderate prosperity to all its minority races?"
Tseung: "Yes. Special policies are taken to ensure that. Many of the minority race areas are turned to tourist spots. Special funding is provided. Every minority home has electricity, running water, internet (if not now, by 2020)"
Fisherman: "If China can do that, can it treat all Developing Nations as 'its minority races' and bring moderate prosperity to them all?"
Tseung: "Good idea. I never treat the problem that way. Capital (money) can be printed. Technology is already available. Knowledge can be given out with China gaining more in the process. Treat all Developing Nations as 'Minority Races in China' and bring moderate prosperity to all."
Win-win.
Can US, Japan, Russia bring moderate prosperity to all Developing Nations? Capital (money) can be printed. Technology has been mastered by these Nations. They can give away the knowledge and gain more.
Moody’s downgrade of China
Economist A: “Will the downgrade affect the economic growth of China?”
Economist B: “No. China does not need to borrow money. It can print its own. Other Nations accept RMB eagerly. The one belt one road projects help the economic growth of China and many other Nations.”
Economist C: “After 2008, Moody’s and other foreign rating agencies lost their credibility. China is embarking on a new game. It Forex trades via its own exchange. There will no longer be drain on its Foreign Currency Reserve. RMB automatically becomes a strong settlement and reserve currency with the expansion of the one belt one road projects.”
Economist A: “So we just ignore Moody’s. I look forward to a steady appreciation of RMB.”
Tseung, the one belt one road initiative will not work for a small Nation with no natural resources.
When a small Nation has no resources to trade, how can it acquired the capital, the technology, the interest from richer Nations?
*** With Mutual Credits, China can use the exchanged currency to help the small Nation rich. China wants to have examples to show the World that the new order led by China of win-win really works. A small Nation is ideal for a showcase project. Just approach China or its Think Tanks...
What is the difference between Mutual Credits and Currency Swap?
With Mutual Credits, the richer Nation A uses the Swapped Currency B to help Nation B rich. One example is to build model homes in Nation B’s environment. The model homes can be largely factory built. That will help the local industries in designing and supplying the various components. The actual building or assembling will train and employ many local workers. These can be paid with Currency B.
The homes may be initially owned by Nation A (or its investors) in Special Economic Zones. The land could be purchased with Currency B. When Nation B becomes richer, almost all its assets including the homes mentioned will increase in value. Thus Nation A will get richer via helping Nation B to become richer. Nation B never needs to go into debt.
Nation A (e.g. China) has the confidence that it can help Nation B to become rich because it has the experience in getting itself rich. Nation A also knows that for its citizens to become rich, it has to increase its money supply. Mutual Credits extends that philosophy to include Nation B. Win-win. Nation A also knows that in giving away its knowledge, it will learn more!
USA could have played the role of Nation A. It can still lead Camp A to compete with Camp B (Russia+China). The purpose of the competition is to help Developing Nations rich...
Service Industry to fight poverty
Can China set up retirement centers in minority race or remote areas to cater for their benefits? At present, many families have the young working outside. The old are left to care for themselves. If the Central Government funds the setup of retirement centers, there will be employment and the old will benefit.
Money is not a problem. Staff is not a problem. Is this a Meaningful Economic Activity? If China adds such activities to its GDP, the chance of bringing moderate prosperity to all citizens by 2020 is not a problem.
Comment:
The Business Schools taught the need for " Return on Investment". Social Service Projects will need constant pumping in of resources. There is no financial "Return on Investment". Such welfare projects are a drain on the Government. Europe lost its economic momentum because of too much welfare.
If I were Carrie Lam, the New Chief Executive of Hong Kong, I would:
1. Implement Super Democracy.
2. Arrange Mutual Credits with Pakistan and Ethiopia.
3. Set up the Public Investor System.
4. Promote Super Silicon Valley Mentality.
5. Take an active role in the OBOR initiative with Think Tanks and Test Projects.
6. Introduce the sure-win businesses in both inside and outside Hong Kong.
7. Let the General Public know about Global War and true Globalization
8. Get all Political Parties and Elites to discuss what are the Meaningful Economic Activities for Hong Kong?
Each point will be elaborated in the following posts. For Basic Background Information, go to overunityresearch.com. Read the One Belt One Road Thread.
If I were Xi Jinping, I would:
1. Tell the World that every human being on earth can enjoy a healthy standard of living.
2. The Bell and Road Initiative is not about domination. It is the philosophy of – if a Nation wants to become rich and remain rich, it should help other Nations get rich.
3. Many Nations including USA, Japan, Germany and now China have the technology, the knowledge and the capacity to help Developing Nations rich.
4. USA, as the World’s only Super Power, did not play that role. Instead, USA chooses the path of Domination. America First.
5. The New Globalization is about win-win, plan together, work together and enjoy the fruits together.
6. Within one generation, every human being on Earth will enjoy electricity, running water, adequate food, clothing, comfortable home, education, health care, employment, social services, communicate with each other and easy travelling to all parts of the World.
The above points will be elaborated in the following posts.
The same will be posted in overunityresearch.com under the thread one belt one road. The posts there will be updated and improved as appropriate. (Third class turns to second or first class.)
Thank you for reminding me. India and Pakistan used to be one Nation. Their combined population exceed that of China. Their top students and talents in IT is undoubted. There is indeed a chance for them to take over the Number One Economic Nation sometime in the future.
Comment: Real reason on the present India China Border Conflict?
From an Indian Scholar:
"India is somewhat jealous of the One Belt One Road attention China is getting. India just wants to show the World that China is not all good. The intrusion and pushing by the unarmed Indian Soldiers is meant to provoke and test the reaction of China."
"As expected, the Chinese press and Internet users have warmonger reactions. The Official Chinese Agency did not show the image of a Great, Peaceful Nation."
Tseung: "What is the best thing China can do?"
"As a top Diplomat or Think Tank, I would suggest that - China should openly ask India on its intentions nicely. China could say that since the Indian Soldiers were unarmed, India does not war. Just ask India to state its concerns openly in United Nations or any suitable setting. Yelling, barking and pushing Indian Soldiers back is not the greatest diplomatic act."
Tseung: "The local commanders are not expected to be top diplomats. Hopefully, this post will be read by top diplomats in Beijing."
Comment: Real reason on the present India China Border Conflict?
From an Indian Scholar:
"India is somewhat jealous of the One Belt One Road attention China is getting. India just wants to show the World that China is not all good. The intrusion and pushing by the unarmed Indian Soldiers is meant to provoke and test the reaction of China."
"As expected, the Chinese press and Internet users have warmonger reactions. The Official Chinese Agency did not show the image of a Great, Peaceful Nation."
Tseung: "What is the best thing China can do?"
"As a top Diplomat or Think Tank, I would suggest that - China should openly ask India on its intentions nicely. China could say that since the Indian Soldiers were unarmed, India does not war. Just ask India to state its concerns openly in United Nations or any suitable setting. Yelling, barking and pushing Indian Soldiers back is not the greatest diplomatic act."
Tseung: "The local commanders are not expected to be top diplomats. Hopefully, this post will be read by top diplomats in Beijing."
Talk with a Pilipino Lady:
Tseung: "It is big news that China is negotiating to employ Pilipino Helpers for HK$15,000 per month. That is three times the salary paid in Hong Kong."
Pilipino Lady: "Most people will wait before believing. I am more interested in your no traffic jam city idea. We have terrible traffic jams in Manila."
Tseung: "If traffic were really heavy, we can replace the zigzag with "to and back traffic" on each line. That will need more trains."
Pilipino Lady: "Do you mind my sharing the idea with others? I am sure some Pilipino City Planners will be interested."
Tseung: "Please do. I am too old to implement such. There is still much to plan - such as what happens in emergencies; catering for the disabled; computer modelling etc. Plan together."
(9) Another new concept is Mutual Credits. Nation A gives X amount of its Currency A to Nation B. Nation B gives the equivalent amount of its Currency B to Nation A. Thus no debt is involved. Nation B may be relatively poor. It can use Currency A to buy products and services from Nation A. Nation A can use Currency B to help Nation B become rich by building hotels, malls, tourist attraction centers, conference and exhibition facilities, model farms, model factories in the Special Economic Zones of Nation B.
At a Lawyer's Office:
Lawyer: "How would you safeguard Nation B from the currency attack by Nation A?"
Tseung: "The assumption is that Nation A wants Nation B to become rich."
Lawyer: "In our profession, we do not rely on intention. We rely on black and white documents."
Tseung: "I believe good intentions and clear doct uments both have merit. Clear documents remove much uncertainty and potential areas of conflict. Good intentions provide the necessary trust to get things done."
Lawyer: "Nation B can write down in black and white on how Nation A uses its Currency B. That will give us much work to do. We can contribute significantly in this OROB initiative..."
Tseung: "China is re-writing history. China can use thin-air RMB, knowledge and technology to make every human being prosperous."
Lawyer: "India does not believe it. India is sending some soldiers to provoke China by trying to stop the construction of a road. India does not see that road as win-win. So far, China does not show the act of great statesmanship. China does not address the concerns of India but keep issuing warnings to India threatening war."
A Great Statesman would:
1. Ask India to raise its concerns in United Nations or any appropriate International settings.
2. Re-state the goals of OBOR as win-win for all.
3. Suspend the building of the Road until the relationship is better.
4. Demonstrate that China can use the exchanged Currency B to create more Modern Wealth for Nation B and China.
5. Create wealth with Pakistan and encourage Pakistan and India to overcome the outdated British Strategy of "Divide and Rule". Encourage eventual re-unification. (Just mention the possible re-unification of Taiwan.)
6. Slowly but surely take over the position of Number One Economic Power replacing USA. Tell India that some day, India+Pakistan may take that Number One spot. Do it in a peaceful manner so that all human beings enjoy the benefits.
*** The old Colonial approach would be:
1. I can use Military Power to force you to do anything. Your land is effectively mine. You are allowed to live because of my mercy.
2. The Red Indians virtually disappeared from the surface of the Earth. That could have happened to any race without the knowledge and technology to protect itself.
3. USA can wipe out North Korea and remove the nuclear threat totally. USA might do it if there were no Russia and China (or other Nations possessing Nuclear Weapons). The longer the delay, the more capable will be the North Korean Nuclear Missile capability. This option will be too costly. USA may have a few of its own cities destroyed. (Thus the logical choice is to accept that North Korea will possess the Nuclear weapons and work with it in peace.)
4. There is absolutely no advantage of China going to war with India. Winning a small regional battle will continue to generate hatred in the hearts of Indians who still feel the humiliation and betrayal of the 1962 war. Losing a small regional battle will escalate to a larger war that might lead to the use of the unthinkable nuclear arsenal.
5. Suspend the building of a road would not harm the interest of China in any way. Political climates change. Who could have predicted that China and Philippines work together so well today?
6. China needs time to show that OBOR is different from the Imperial and Colonial days - the Military Strong dictates. China can easily help Pakistan to be rich. China can encourage Pakistan and India to re-united or exist peacefully together.
7. A British friend asked me: "England helped to produce a prosperous Hong Kong. Why are the Hong Kong Citizens not grateful?" What should be the answer???
A member of the Democratic Party in Hong Kong claimed that he was kidnapped by people from Beijing and tortured. He got the support of the Democratic Party, held a press conference and showed staple wounds. It immediately become front page news.
In Hong Kong, there are numerous security cameras especially in busy street from private stores. Such videotapes showed that he walked and boarded a minibus safely. The Democratic Party still backed him.
Are politicians that stupid? In the International front, some Indian Soldiers tried to stop China building a road. They did not use arms but just pushed and produced body contacts. Was that stupidity?
That politician got media attention. The Indian Soldiers got International Attention. Did they achieved their goal?
Did India convinced the World that the OBOR initiative from China was not all peaceful and not win-win???
Can India have a faster pace of development than China?
1. Can India develop the Super Silicon Valley Mentality and treat everything as third class? Then strive to turn them into second or first class?
2. Will India forget or bypass the unnecessary polluting Industries?
3. Will India avoid wars?
4. Will India develop the Five Year Plans and go for the good elements of State Capitalism?
5. Will India be able to overcome corruption and adopt the Singapore Model?
6. Will India be able to go for the cashless society with its advantages of efficiency and monitoring of use of funds?
7. Will India be able to use the Internet for the best education and spread of "real" information?
8. Will India be able to gear its production both for exports and internal consumption?
9. Will India be able to become the lowest cost producer in some industries?
10. Will India be able to copy, improve and innovate faster than any other Nation on Earth?
11. Will India be able to go for Super Democracy first and unite the Nation better than all other Nations?
12. Will India be able to develop the self-confidence to say - "whatever you can do, I can do better!"?
13. The advantage of the West was due to technology, technology and technology. Will India be able to overtake in technology, technology and technology?
Can India have a faster pace of development than China?
1. Can India develop the Super Silicon Valley Mentality and treat everything as third class? Then strive to turn them into second or first class?
2. Will India forget or bypass the unnecessary polluting Industries?
3. Will India avoid wars?
4. Will India develop the Five Year Plans and go for the good elements of State Capitalism?
5. Will India be able to overcome corruption and adopt the Singapore Model?
6. Will India be able to go for the cashless society with its advantages of efficiency and monitoring of use of funds?
7. Will India be able to use the Internet for the best education and spread of "real" information?
8. Will India be able to gear its production both for exports and internal consumption?
9. Will India be able to become the lowest cost producer in some industries?
10. Will India be able to copy, improve and innovate faster than any other Nation on Earth?
11. Will India be able to go for Super Democracy first and unite the Nation better than all other Nations?
12. Will India be able to develop the self-confidence to say - "whatever you can do, I can do better!"?
13. The advantage of the West was due to technology, technology and technology. Will India be able to overtake in technology, technology and technology?
Can India have a faster pace of development than China?
1. Can India develop the Super Silicon Valley Mentality and treat everything as third class? Then strive to turn them into second or first class?
2. Will India forget or bypass the unnecessary polluting Industries?
3. Will India avoid wars?
4. Will India develop the Five Year Plans and go for the good elements of State Capitalism?
5. Will India be able to overcome corruption and adopt the Singapore Model?
6. Will India be able to go for the cashless society with its advantages of efficiency and monitoring of use of funds?
7. Will India be able to use the Internet for the best education and spread of "real" information?
8. Will India be able to gear its production both for exports and internal consumption?
9. Will India be able to become the lowest cost producer in some industries?
10. Will India be able to copy, improve and innovate faster than any other Nation on Earth?
11. Will India be able to go for Super Democracy first and unite the Nation better than all other Nations?
12. Will India be able to develop the self-confidence to say - "whatever you can do, I can do better!"?
13. The advantage of the West was due to technology, technology and technology. Will India be able to overtake in technology, technology and technology?
Can India have a faster pace of development than China?
1. Can India develop the Super Silicon Valley Mentality and treat everything as third class? Then [font=]strive to turn them into second or first class?[/font]
2. Will India forget or bypass the unnecessary polluting Industries?
3. Will India avoid wars?
4. Will India develop the Five Year Plans and go for the good elements of State Capitalism?
5. Will India be able to overcome corruption and adopt the Singapore Model?
6. Will India be able to go for the cashless society with its advantages of efficiency and monitoring of use of funds?
7. Will India be able to use the Internet for the best education and spread of "real" information?
8. Will India be able to gear its production both for exports and internal consumption?
9. Will India be able to become the lowest cost producer in some industries?
10. Will India be able to copy, improve and innovate faster than any other Nation on Earth?
11. Will India be able to go for Super Democracy first and unite the Nation better than all other Nations?
12. Will India be able to develop the self-confidence to say - "whatever you can do, I can do better!"?
13. The advantage of the West was due to technology, technology and technology. Will India be able to overtake in technology, technology and technology?
Can India have a faster pace of development than China?5. Will India be able to overcome corruption and adopt the Singapore Model?
1. Can India develop the Super Silicon Valley Mentality and treat everything as third class? Then strive to turn them into second or first class?
2. Will India forget or bypass the unnecessary polluting Industries?
3. Will India avoid wars?
4. Will India develop the Five Year Plans and go for the good elements of State Capitalism?
5. Will India be able to overcome corruption and adopt the Singapore Model?
6. Will India be able to go for the cashless society with its advantages of efficiency and monitoring of use of funds?
7. Will India be able to use the Internet for the best education and spread of "real" information?
8. Will India be able to gear its production both for exports and internal consumption?
9. Will India be able to become the lowest cost producer in some industries?
10. Will India be able to copy, improve and innovate faster than any other Nation on Earth?
11. Will India be able to go for Super Democracy first and unite the Nation better than all other Nations?
12. Will India be able to develop the self-confidence to say - "whatever you can do, I can do better!"?
13. The advantage of the West was due to technology, technology and technology. Will India be able to overtake in technology, technology and technology?
Can India have a faster pace of development than China?
1. Can India develop the Super Silicon Valley Mentality and treat everything as third class? Then strive to turn them into second or first class?
2. Will India forget or bypass the unnecessary polluting Industries?
3. Will India avoid wars?
4. Will India develop the Five Year Plans and go for the good elements of State Capitalism?
5. Will India be able to overcome corruption and adopt the Singapore Model?
6. Will India be able to go for the cashless society with its advantages of efficiency and monitoring of use of funds?
7. Will India be able to use the Internet for the best education and spread of "real" information?
8. Will India be able to gear its production both for exports and internal consumption?
9. Will India be able to become the lowest cost producer in some industries?
10. Will India be able to copy, improve and innovate faster than any other Nation on Earth?
11. Will India be able to go for Super Democracy first and unite the Nation better than all other Nations?
12. Will India be able to develop the self-confidence to say - "whatever you can do, I can do better!"?
13. The advantage of the West was due to technology, technology and technology. Will India be able to overtake in technology, technology and technology?
Can India have a faster pace of development than China?
1. Can India develop the Super Silicon Valley Mentality and treat everything as third class? Then strive to turn them into second or first class?
2. Will India forget or bypass the unnecessary polluting Industries?
3. Will India avoid wars?
4. Will India develop the Five Year Plans and go for the good elements of State Capitalism?
5. Will India be able to overcome corruption and adopt the Singapore Model?
6. Will India be able to go for the cashless society with its advantages of efficiency and monitoring of use of funds?
7. Will India be able to use the Internet for the best education and spread of "real" information?
8. Will India be able to gear its production both for exports and internal consumption?
9. Will India be able to become the lowest cost producer in some industries?
10. Will India be able to copy, improve and innovate faster than any other Nation on Earth?
11. Will India be able to go for Super Democracy first and unite the Nation better than all other Nations?
12. Will India be able to develop the self-confidence to say - "whatever you can do, I can do better!"?
13. The advantage of the West was due to technology, technology and technology. Will India be able to overtake in technology, technology and technology?
Can India have a faster pace of development than China?
1. Can India develop the Super Silicon Valley Mentality and treat everything as third class? Then strive to turn them into second or first class?
2. Will India forget or bypass the unnecessary polluting Industries?
3. Will India avoid wars?
4. Will India develop the Five Year Plans and go for the good elements of State Capitalism?
5. Will India be able to overcome corruption and adopt the Singapore Model?
6. Will India be able to go for the cashless society with its advantages of efficiency and monitoring of use of funds?
7. Will India be able to use the Internet for the best education and spread of "real" information?
8. Will India be able to gear its production both for exports and internal consumption?
9. Will India be able to become the lowest cost producer in some industries?
10. Will India be able to copy, improve and innovate faster than any other Nation on Earth?
11. Will India be able to go for Super Democracy first and unite the Nation better than all other Nations?
12. Will India be able to develop the self-confidence to say - "whatever you can do, I can do better!"?
13. The advantage of the West was due to technology, technology and technology. Will India be able to overtake in technology, technology and technology?
Can India have a faster pace of development than China?
1. Can India develop the Super Silicon Valley Mentality and treat everything as third class? Then strive to turn them into second or first class?
2. Will India forget or bypass the unnecessary polluting Industries?
3. Will India avoid wars?
4. Will India develop the Five Year Plans and go for the good elements of State Capitalism?
5. Will India be able to overcome corruption and adopt the Singapore Model?
6. Will India be able to go for the cashless society with its advantages of efficiency and monitoring of use of funds?
7. Will India be able to use the Internet for the best education and spread of "real" information?
8. Will India be able to gear its production both for exports and internal consumption?
9. Will India be able to become the lowest cost producer in some industries?
10. Will India be able to copy, improve and innovate faster than any other Nation on Earth?
11. Will India be able to go for Super Democracy first and unite the Nation better than all other Nations?
12. Will India be able to develop the self-confidence to say - "whatever you can do, I can do better!"?
13. The advantage of the West was due to technology, technology and technology. Will India be able to overtake in technology, technology and technology?
"Whereas hydrothermal energy production
can only exploit hot fluids already in place in the
earth’s crust"
Yes
https://www.youtube.com/watch?v=uRPp6iYDGls (https://www.youtube.com/watch?v=uRPp6iYDGls)
The above is from CCTV13. It looks like the information is real.
If the information is real, China is doing the following:
1. Find locations where there may be a Natural Fault which can act as heat storage/reservoir.
2. Use technology to produce such Faults or Reservoirs.
3. Improve the drilling technique to drill deeper and faster. (One suggestion is to use the no drill head technology. Use Brown's Gas to burn through rocks.)
I actually used Brown's Gas to burn through bricks over 20 years ago. Brown's gas is produced by "fresh electrolysis". The Hydrogen and Oxygen atoms are still in the mono-atomic state. When such a gas is ignited, it has special properties - such as melting tungsten, burn through bricks but feels cool when touched by hand. It can cause implosion rather than explosion. But once it is not used, the hydrogen and oxygen atoms will combine to the highly explosive mixture of hydrogen and oxygen gases. The late Yull Brown spent some years in China and helped to develop some commercial Brown Gas Generators.
Note that the discussed technology is hot, dry rocks(HDR). HDR exist almost everywhere if one drills deep enough (assuming the center of the earth is still hot, molten). The trick is to extract the energy by injecting water from one hole and extracting the steam from another. In many locations, the water will go elsewhere and wasted. It is a matter of finding the right location, store and extract the heat. China is able to achieve that in some (5) experimental holes/wells in Tibet.
A concept for the extraction of useful amounts of geothermal energy from HDR originated at the Los Alamos National Laboratory in 1970.
China was able to turn that concept into successful experiments 50 years later. Technology, technology and technology. ö
Senior Citizen B: "Can China or other Nations take on
the role of pumping out thin-air money?"
Senior Citizen D: "That will upset the Status Quo. USA
will incite riots, overthrow Governments or send in
Drones to bomb."
Senior Citizen A: "Sorry to have started the topic. Let
us enjoy our present lives on our knees."
Religious Elder: "Kneel on your knees five time a day.
Be grateful."
Colonial Master: "I am the Lord, thy God."
USA Economist: "I had the Gold. I Ruled. I had the
carrot and the stick. I could have destroyed North Korea if it
refused to accept my rule."
Chinese Philosopher: "The East will rise. The new
rule will be technology, technology and technology.
The Nation falling behind in technology will suffer."
Me: " let them Drill the hole to get Geothermal Energy.let them not waste time..."
"Starting World War III
to stop it is crazy. (But is Donald Trump crazy?)"
He thinks we are fools.he thinks we do not learn
from his fishing line.our spiritual war is won either
way
"The West promoted religion. They said
that - the life after this would be better. But they
do not believe it themselves"
Maybe the north korean seed is their divine karma.we
shall see