Ufo propu engine, closed loop

[ltseung888]

https://www.youtube.com/watch?v=MAqjcpGwFB4


Green China Rising.


Can China use technology to cleanup its environment?

[ltseung888]

https://en.wikipedia.org/wiki/Internationalization_of_the_renminbi


Has China fallen into the trap? Will the attack by Hedge Funds drain the entire China Foreign Currency Reserve? The advantage of Reserve Currency Status may be attractive. But allowing the Hedge Funds to systematically drain away the Reserve is really dangerous...

[ltseung888]

If the Hedge Funds can borrow RMB, drive the exchange rate down, make some money in the process, they can repeat. Even if their total ammunition is less than China, they can slowly drain away the Reserve. With all the Off-shore centers, the Hedge Funds can easily borrow RMB.


Has China studied the risks? Has China played the what-if games? In Economic War, it is difficult to determine who is the friend and who is the enemy? The trusted advisor may be the enemy!

[ltseung888]

http://www.theatlantic.com/business/archive/2010/06/go-for-the-jugular/57696/


The story of how Soros shorted the pound in 1992. He netted USD1.2 billion in one month. UK had to abandon the exchange mechanism with a forced devaluation.


What is wrong with accepting the USD as the Settlement and Reserve Currency? With Globalization, there will be one Reserve Currency eventually. If USD were the Reserve Currency and China held a large amount, what are the what-ifs?

[ltseung888]

 Using the Malaysia Ringgit Strategy.
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.