Ufo propu engine, closed loop

[ltseung888]

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.

Talked to a retired Government Servant.  His comment: "What is wrong with that attitude?  Hong Kong survived the Colonial Era.  Hong Kong overcame corruption.  Just do nothing to upset the Status Quot."

[ltseung888]

History will judge a great nation by:


the quality and quantity of Meaningful Economic Activities it generated for itself and for other Nations.  History will also judge a Nation by the amount of suffering it imposed on other Nations.


Is China moving along the win-win path?  Can it be derailed?

[ltseung888]

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?

While some Nations are debating on what to do, China is building, building and building.  Some African Countries such as Ethiopia are learning, learning and learning.  The collective GDP of the builder and learner Nations will increase at a fast pace.  The on-looker Nations will....


Japan and India are partnering to build infrastructures. This is good news for the World.  Many new Meaningful Economic Activities will mushroom.  The entire World will be richer together. China is taking a leadership role. With the newly defined Meaningful Economic Activities, China is likely to continue its fast pace of development.  When other Nations follow and compete, peace and prosperity will come to all...

[ltseung888]

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?

[ltseung888]

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?

If I were to advise an African Nation such as Ethiopia, I would suggest the following:

(1) Treat the personal computer and related software as "infrastructure".  Print thin-air money to develop that infrastructure if needed.
(2) The traditional technique for Taiwan, South Korea etc was to produce PCs for the USA and European Markets.  Accept low wages and learn as quickly as possible.  Compete on price. 
(3) If the African Nations accept that the PC and related technology are necessary infrastructures, Government money can be used to support the development and sale of such infrastructures.  Assume the goal is for every family or every student to own a PC within 10 years.  How much money needs to be printed?
(4) With the PC available to every home or student, what will be the impact to education?  What will happen to information exchange?  What will happen to e-commerce worldwide? What will happen to the capability of the citizens?
(5) Will any Developed Nation be willing to pass some of the slightly outdated equipment and technology to Ethiopia so that Ethiopia can mass produce the products cheaply?  Will the Ethiopian Universities and Students take on the challenge of improving such an "infrastructure"?  Will China support Ethiopia as part of the Industrial Park projects?
(6) Will the Ethiopian Government treat this as "infrastructure" similar to roads, water and electricity?  Will it subsidise the setup and installations?
(7) Will some of the Donations from aboard come in form of educational material, software licenses or specifically targeted to some disadvantaged homes.  For example, a donor can be contacted via PC and Internet by the family or student he sponsored.  The World will communicate better via such contacts.

Is this a novel Meaningful Economic Activity for Ethiopia?