Ufo propu engine, closed loop

[ltseung888]

 Service Industry to fight poverty

Can China set up retirement centers in minority race or remote areas to cater for their benefits? At present, many families have the young working outside. The old are left to care for themselves. If the Central Government funds the setup of retirement centers, there will be employment and the old will benefit.

Money is not a problem. Staff is not a problem. Is this a Meaningful Economic Activity? If China adds such activities to its GDP, the chance of bringing moderate prosperity to all citizens by 2020 is not a problem.

[ltseung888]

Technology, technology, technology.


https://www.youtube.com/watch?v=WCnXp_c9stg

Has China made great progress in the exploration of combustible ice?

If the venture succeeds, the energy picture of the World will change. Can China master the technology ahead of Japan, USA, Canada, Russia, etc.?


https://phys.org/news/2010-03-china-combustible-ice-fuel-source.html

[ltseung888]

 The housing problem in China and how to solve it.

In China, the price of homes in some Cities have risen so high that the average worker cannot afford to buy them. Some rich persons own many pieces of property. In some other Cities, there are empty homes and are labelled as Ghost Cities. Many Western Economists claim that this represents a Bubble and that the bursting of the Bubble will cause a major financial crisis in China.

There are elements in the Chinese State Capitalism setup that are very different from the West. Among these include:
1.       The Government can always buy back the properties and rent them out to the needed. Thus all those who cannot buy can still live in good housing.
2.       The Government can always demolish some properties. It is similar to over-production of apples. If the apples cannot be sold, one way is to plough them back into the soil. Such a powerful tool is only possible with a strong Government.
3.       The Government can state (as now) that houses are for living and not for speculating. No individual is allowed to own more than two pieces of property. Those who own more than two must sell the excess back to the Government at no profit (and no loss).
4.       The Government will set up investment vehicles for the excess funds. These may include special one belt one road funds for different Nations; special funds on sure-win businesses; high risk funds on innovative projects; retirement funds tied to rise of living index backed by the Government; insurance funds backed by Government and (at the last resort) derivatives and Forex trading and the bond market.
5.       There will be recommendations from Think Tanks. These will be discussed thoroughly via many Internet Forums. The discussions will cover the global view as well as the individual view. The interest of all will be identified. (Some corrupt gains will be exposed.)

[ltseung888]

The presentation on June 13, 2017 will be treated as a dry run.


A Chinese version is being prepared.

[ltseung888]

Currency Pegging

RMB exchange rate had a big rise in the last few days. What does it mean?

1.       China is Forex Trading via its own Forex Exchange. It can effectively determine the RMB exchange rate.
2.       The best path for RMB to become the Settlement and Reserve Currency is for its exchange rate to rise slowly.
3.       Other Developing Nations can peg to RMB. If RMB is stable, their currencies will be stable too.
4.       The one belt one road projects can be settled in RMB. Chinese firms will accept that. Nations with currency pegged to RMB will also accept that. RMB will be on real, material projects while the US dollar will still focus on derivatives, forex gambling, bonds etc.
5.       Mutual credit agreements will be more meaningful. A particular Nation may change the pegging rate when deemed appropriate and after consultation with other trading partners.


There is no need to go down the path of Euro where Nations gave up their own currency and the control of their financial policies.