The Lee-Tseung Lead Out Theory

[critic]

Foreword by   Ms. Polly Chan â€" The writer who helped to translate and elaborate the economic ideas for Tseung

I ended up writing and typing the Chinese articles for him.  Initially, the articles were related to economic concepts.  Hong Kong was one of the victims of the Asian Financial Crisis.  Almost every one was affected.  I was intrigued by his innovative ideas.  These ideas include:
(1)   The Silicon Valley mentality that was the opposite of the Chinese Humility Philosophy.
(2)   The systematic brainstorming that was the opposite of Listening to the Boss.
(3)   The out-of-the-box and building the global bridge thinking which was different from the narrow focus on Nationalism.
(4)   The innovative concepts of Mutual Credits, Relationship Selling etc.
(5)   Money is just a number in a trusted financial institution.  It can be increased or decreased. It can be infinite.  If a Country does not increase its money supply, its citizens cannot be wealthy.  However, if the rate of increase is too fast, the sellers of goods will hold on to the goods, hoping for higher profits.  That will retard the economy.
(6)   Modern Wealth as the quality and quantity of Meaningful Economic Activities.

The Economics Book will have eager audience from this present Financial Crisis.  We should think about preserving some of our best ideas even if they did not get immediate acceptance.  The Internet Forums are free and no one can dispute their existence.  There will be jeers from idiots.  Who cares?

[critic]

Money is just a number in a trusted financial institution.  It can be increased or decreased.

Most people understand the increase.  The Government, with the approval of the Elected Representatives, can just increase that number.  The mechanism is usually in the form of pumping money from the Central Bank into the many private banks.  Or the Government itself can write more checks.

Most people do not understand the decrease.  The best example I can think of is China.  At one time, many State-Owned enterprises borrowed from the Central Bank of China and could not repay.  China just lumped all such bad loans into a separate entity.  The many Banks in China can then raise money in the World Stock Market â€" with only good assets.

Even the heavily-into-debt State Enterprises could be saved.  The bad debts were just ignored or forgiven.  Every one got a new start.

I am sure that the present USA-led financial crisis will be solved with some form of decrease in the number.  It is a matter of packaging.  Debts can be forgiven for the good of the majority.  It just requires a vote from the Elected Representatives.

Can the guys in Wall Street do the packaging?  Should the Chinese package it for USA and the World? 

[gaby de wilde]

Tseung, focus on your book.  It will sell second only to the Bible.

There will be distractions such as Zero Point Energy

http://www.integrityresearchinstitute.org/index.html

You just have to use your Silicon Valley Mentality.  Whatever you have achieved is third class.    Anything you acquired from others is only third class.  Turn them to first or second class.

It's about time some one did something with all of the documentation.

A book is a good idea.

The internet is really sad really.

99% of the websites people made between 1995 and 2005 don't exist anymore.

Finding 1 page of peoples lives work on archive.org really makes me sad.

People may have a lot of experience when they are really old.

Their homepages contain tresures of all kinds.

Then they die, 90 days later the free homepage is deleted, a year later their domain and hosting expires. Their computer is gifted to some kid who will first format the HD. In the best case cenario their kids burn some CD's. Those get old and then they die just the same.

This is how we lost 99% of our science.

A book is good, focus on the book.

http://knol.google.com/k/gaby-de-wilde/water-fueled-car/1yrf1mzjtxzk5/2
http://knol.google.com/k/gaby-de-wilde/stanley-allan-meyer/1yrf1mzjtxzk5/6
http://knol.google.com/k/gaby-de-wilde/garrett-carburetor/1yrf1mzjtxzk5/5
http://knol.google.com/k/gaby-de-wilde/Yull-Brown/1yrf1mzjtxzk5/9

[utilitarian]

I look forward to seeing Lawrence's book become the second best selling book in the world.  According to the wikipedia, the second best selling book in history, after the Holy Bible, is actually Mao Tse Tung's Little Red Book, at somewhere between 800 million and 6.5 billion copies sold.

But maybe it is not fair to expect Lawrence's book to top that, since that was not a real book, and people were sort of forced to buy it.  OK, so after that book, we have Chinese dictionaries and more writings from Chairman Mao, which I think also cannot count.

We do not have a real book until we get to Charles Dickens's A Tale of Two Cities, having sold about 200 million copies so far.  Tolkien's Lord of the Rings is next at 150 million.

So Lawrence, do you think you can top 200 million copies sold?  Maybe you could at least beat S. D. Salinger's The Catcher in the Rye - 65 million.

[ltseung888]

Money is just a number in a trusted financial institution.  It can be increased or decreased.

Most people understand the increase.  The Government, with the approval of the Elected Representatives, can just increase that number.  The mechanism is usually in the form of pumping money from the Central Bank into the many private banks.  Or the Government itself can write more checks.

Most people do not understand the decrease.  The best example I can think of is China.  At one time, many State-Owned enterprises borrowed from the Central Bank of China and could not repay.  China just lumped all such bad loans into a separate entity.  The many Banks in China can then raise money in the World Stock Market â€" with only good assets.

Even the heavily-into-debt State Enterprises could be saved.  The bad debts were just ignored or forgiven.  Every one got a new start.

I am sure that the present USA-led financial crisis will be solved with some form of decrease in the number.  It is a matter of packaging.  Debts can be forgiven for the good of the majority.  It just requires a vote from the Elected Representatives.

Can the guys in Wall Street do the packaging?  Should the Chinese package it for USA and the World? 

Dear Critic,

I would like to quote the case when Hong Kong fought off the International Crocodiles in the Asian Financial Crisis.  The Hong Kong Government bought selected Hong Kong shares at the low prices.  The International Crocodiles retreated and those shares made huge profits.  Instead of taking director posts to monitor those companies (the obvious one is the Hong Kong and Shanghai Bank), the Hong Kong Government set up a separate entity to handle such shares.

The event was viewed as a success.  Mr. Donald Tsang got International attention and was viewed favorably by Beijing.  He is now the Chief Executive of Hong Kong.

The correct approach for the Hong Kong and Chinese Government is to wait and repeat the success with the following enhancements:
(1)   Identify the list of Companies to invest in secretly now.
(2)   Determine the time to get involved â€" at which point of the Hang Sang Index.
(3)   Prepare the models for the sure-win businesses.
(4)   Work closely with China on the lead-out-energy machine announcement.
(5)   Carefully consider the possible announcement of the flying saucer (even theoretically). 
(6)   The profit and prestige gained will be higher than that gained in the Asian Financial Crisis.
(7)   The various models developed by Hong Kong and China will be eagerly examined by the World.

The two books (ebook and paper versions)
http://www.energyfromair.com/thebook.htm and
http://hk.geocities.com/winghang20022002/

will have eager audience.  They will be sold like the Bible â€" all earnings will be donated to worthy causes.  The Help Seedlings Innovate Foundation is one.  Many individuals or companies will start to translate and print them.  I essentially give the copyright of the Books to the World.  The many publishers and/or booksellers will make reasonable profits.  I also encourage individuals to reproduce the two ebooks on their individual websites.  The information was written to benefit the World.  Personal profit is not important.