Ufo propu engine, closed loop

[ltseung888]

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

Comment:


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

[ltseung888]

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

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

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

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

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

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

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

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

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

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

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

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

[ltseung888]

China's foreign exchange reserves stayed above $3 trillion (2.41 trillion pounds) in March, during which a pause in the dollar's rally aided Beijing's efforts to contain capital outflows.


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

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

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


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

[ltseung888]

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

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

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

The attached slide showed more.

[ltseung888]

More Chinese Economic War Weapons


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

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

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

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

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

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

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