Ufo propu engine, closed loop

[ltseung888]

https://www.youtube.com/watch?v=nHwuEqbUUQA


A very interesting discussion of how USA plans to slow down the progress of China.

[ltseung888]

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 the will to get other Nations rich. 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???

[ltseung888]

Using political instability as an Economic War Weapon?

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???

What happens if an evil Nation funds political parties to deliberately destroy or stall the completion of Infrastructures?

For example, after a road has started construction, an opposition party can claim to support the affected citizens in saying that the compensation (for taking away their land) is not fair or insufficient. The construction of the road must stop. The project will be internationally promoted as a failure.

*** In the planning of the road, much meaningful economic activity is already created. The planning can be open to both local citizens and the International community via Internet forums. The planning can be compared with the "models". The various aspects such as compensation to affected citizens, impact on environment, local employment, herds crossing the road, etc. would have been discussed.

The actual construction would have created real Meaningful Economic Activities for the Construction Company, the Workers, the material suppliers etc. Even if the construction of the road were delayed or stopped for some political reason, the project will be a learning experience for all. The project will not be a waste.

*** Some friends consider my posts in this thread as a waste. But I consider it as a contribution from an old man who can no longer do physical labor or pump in financial resources. I consider the posting as Meaningful Economic Activities. Projects that are sabotaged by politics can be seen in the same light. Hong Kong is having some such experiences - high speed rail may be turned to snail rail because of the issue of custom checking; Hong Kong-Macau-Zhuhai Bridge may be delayed by the problems at the Hong Kong end; housing construction went into problems because of some treating underused park areas as sacred...

[ltseung888]

What should China do with the one belt one road initiative.


1. Create the website linking to the many level forums.


2. Show the progress on-line. Infrastructures can be seen.


3. Plan together. Promote the plans from other Nations.


4. Work together. Make sure technology is passed on.


5. Enjoy the results together. Do joint parties. Some parties can be on-line.


6. Promote the philosophy that if a Nation wants to be rich and remain rich, the best way is to help other Nations rich. Let the World see the increase in wealth...

[ltseung888]

http://www.cp1897.com.hk/advanced_search_result.php?productName=%E5%A4%96%E5%8C%AF&author=&productISBN=&publisher=&category_Chi=1226&category_sub_Chi=all&category_Eng=all&df=all&series=&publishYear_From=&publishMonth_From=01&publishYear_To=&publishMonth_To=12&price_from=50&price_to=300&x=41&y=18


A friend asked: "Where can I look for Forex Books for beginners in Chinese?"


The above is a sample search result from a major Chinese Bookstore in Hong Kong.



In China, such searches are common. The traditional bookstores are meeting tough competition... In the one belt one road initiative, this new form of Internet trading is likely to dominate if China takes the lead...


A library search yields:
https://webcat.hkpl.gov.hk/lib/item?id=chamo:148230&fromLocationLink=false&theme=WEB