Ufo propu engine, closed loop

[ltseung888]

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.

[ltseung888]

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.

[ltseung888]

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.

[ltseung888]

 

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.

Tseung, as a West trained economist, I always thought that the growth rate of any Nation will slow down as it becomes developed. Europe, Japan, USA, Hong Kong all follow the same path. Once a Nation reaches overcapacity, it has to cut back. 

China is defying that phenomenon. It expands via the one belt one road. The expansion is not via military conquest. The expansion is via win-win. Thus the GDP of China can grow back at 10% and help other Developing Nations grow at a similar rate. They can use your concept of Mutual Credits and achieve win-win. The rate of GDP growth needs to slow down only after all Nations are developed...

[ltseung888]

 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."