Ufo propu engine, closed loop

[ltseung888]

.....

Tseung: "We can talk about sure-win businesses even if we are too old to actually do them. Rising above the middle income with Government help is actually very easy. Just get involved in the one-belt-one-road projects. Governments print thin-air money to give those who can perform..."

The Zhuhai-Macau-Hong Kong Bridge is likely to be operational by the end of 2017. The implication is that the best of the three places can add up to more than 3. Hong Kong is best known for its Financial Services. Macau is the gambling center of the World. Zhuhai is the best place to live in China.

Zhuhai has land that can be developed to be the Insurance Center of China. Foreign Insurance Companies who want to have the China Business should have a presence. The Chinese Regulators can deal with all insurance companies in one location. Insurance Industry is a form of sure-win business especially if Government acts as the ultimate insurer. A certain percentage of the insurance fees will be deposited with the ultimate insurer – the Chinese Government who can print thin-air money.

China must Forex Trade through its own Forex Exchanges. It is the best time to regulate the Industry similar to regulating the casi*o business in Macau. Even though the average Forex trader or individual can trade on-line, China can demand that there must be Forex Exchange Headquarters in Zhuhai. The amount of business can easily be a few trillion USD per day.

Once China allows derivative trading (numbers trading), there must be mechanisms to protect the financial health of China and its citizens. There must be strict monitoring and regulating. There may be some experimentation first. Some special Government approved and backed Hedge Funds may need to be set up to curb market excesses. For example, if the stock market goes up too high, such Hedge Funds will sell. If the stock market goes down too low, such Hedge Funds will buy. (USA has such mechanisms long ago after the 1929 market collapse.)

Zhuhai can set up a special International Economic Zone to cater for the needs of many high income Company Executives and Investors. This can be a role model for International understanding and co-operation. Many Developing Nation Students will be encouraged to come and learn. They will be given subsidized housing. The concept of Public Investors and relationship selling can be introduced.

Local and International Universities will be encouraged to set up sure-win courses in special campuses. Topics such as Mutual Credits, Meaningful Economic Activities, win-win, Super Democracy, Super Silicon Valley Mentality, thinking-out-of-the-box will be thoroughly researched. These will spearhead the innovative financial developments. The smart phones will be the default wallets. The smart phones will be the opinion gathering and VOLTING mechanisms. The Campuses will showcase Cities of the Future.

The traffic along the Bridge will increase very rapidly. Sure-win...

[ltseung888]

Had lunch with T. S. Lau. He gave the following good suggestion:

1. China + Russia will guarantee the security of North Korea. North Korea will not need nuclear weapons to defend itself.

2. China will buy the nuclear projects from North Korea. The North Korean team can join the Chinese team. In return, China will spend many billions to help North Korea develop. The infrastructure projects, the industrial capability, the import and export capability will greatly increase. There is no need to develop nuclear weapons to protect itself.

3. This, in some ways, is similar to the proposal of having two camps competing to develop the poorer Nations. Win-win.

[ltseung888]

From T S Lau:


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

If we assume the adult population of China is 1 billion, the total credit line will be 100 trillion RMB. That amount is just too huge.

*** That amount does not need to happen immediately. Some poorer regions may get such credit earlier. The goal is to eliminate poverty and encourage consumption. In USA, the rich gets a much larger amount of credit. We can narrow the gap between the rich and poor. With smart phones, how the credit is used can be monitored and adjusted appropriately...

RMB100,000 is equivalent to the average salary of a worker in the Big Cities such as Beijing, Shanghai, Shenzhen. We can argue on the actual amount. It is a good topic.


I believe the proposer included Mortgage in the credit calculation. In USA, the interest on Mortgage and on credit cards are vastly different. The proposal in China is to have low interest on both. The ultimate guarantor is the Chinese Government who can print infinite amount of thin-air money.


T. S. Lau: "When you post something, the readers with different background will interpret things according to their own experience. They will arrive at very different conclusions. Thus you may have to include additional information to justify the statements. If not, some readers may think that you are mad or ignorant."

[ltseung888]

 
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.

One much discussed topic is that every citizen should have a smart phone. That will serve as an identification card, bank card, wallet, information receiver and sender, entertainment device, emergency phone, super democracy voting mechanism, etc.

Hong Kong has more mobile phones than its population - many own more than one phone. (I have two – one for use in Hong Kong and another one outside.) The Chinese Government can indeed guarantee that every adult citizen have a smart phone. (Some remote places may have satellite phones?) With the smart phones and increasing applications, the Chinese Citizens will march into the information age...

[ltseung888]

If I were USA President Trump, what would I do related to North Korea?


1. I would tell the World that the Chinese President Xi said that he would try his very best. Out of respect, I would give him room and time to do whatever he feels necessary.
2. As the Leader of the Greatest Nation on Earth, I would not like to see suffering on any Nation. I want security for my Nation.
3. I do not want to see nuclear weapons in the hands of any new Nation. Any miscalculation may start nuclear wars and that will mean the end of Human Civilisation.
4. I do not believe that the leaders and people of North Korea want to see destruction and sufferings. If North Korea dismantles their Nuclear weapons, I promise that no harm will fall on them. I personally guarantee their security.
5. I will also work together with China, Russia and the rest of the World Community to help to bring peace and prosperity to North Korea.
6. The North Korean Scientists and Engineers already showed that they are amongst the best in the World. I would like to see that they use their skills on other meaningful projects.