Ufo propu engine, closed loop

[ltseung888]

The HSBC example should be looked at carefully.

HSBC loans out thin-air money.  The customer pays back with real money generated from Meaningful Economic Activities.

But without the loan from HSBC, many customers cannot generate the Meaningful Economic Activities.  They cannot live in their homes.  They cannot ride on their own cars.  They cannot make plastic toys and goods for export.  There were some bad loans but HSBC treats those as expected business activities.

In the Belt and Road Initiative, if China or AIIB does not loan out thin-air money, much of the Meaningful Economic Activities in the Developing Nations will not happen... 

If the Meaningful Economic Activities happen, China or AIIB will be extremely rich - much richer than HSBC.  There will be some bad loans.  But the loans come from thin-air money in the first place!  Writing off a few should be viewed as a normal business activity.

If the loans were on Infrastructure Projects, less will go into the pockets of corrupt politicians.  Infrastructure Projects can be seen by all Citizens.  Once a non-profit making road is completed, the profit making Meaningful Economic Activities such as Hotels, Tourist Attractions, Malls, Restaurants etc. can happen. (The Chinese saying: "If a Nation wants to be rich, build a road first.")

[ltseung888]

The USD/CNH closed at 6.7771 on June 30, 2017.  What is its significance?


Many Western Financial Institutes predicted that RMB would depreciate. Some claimed that the USD/CNH rate would be more than 7.0.  That prediction was used to scare the RMB holders to exchange RMB to USD forcing China to use its Reserve to pop up the RMB Exchange rate.


China now ignored the Market Forces and quotes its own rate. There will be no more drain on the Reserve.


My prediction is:


1. China will slowly force the RMB to appreciate.  Its exported goods will be more expensive.
2. Since the RMB will appreciate and the interest rate in holding RMB is higher, many individuals and Nations will hold RMB. RMB will be a default Settlement and Reserve Currency.
3. The Belt and Road Initiative Nations will be glad to use RMB.  There will be more Currency Swaps and Mutual Credit Arrangements will be experimented.
4. The 2 Camp competition will enter into the thinking of the many Think Tanks.

[ltseung888]

If I were Carrie Lam, the New Chief Executive of Hong Kong, I would:

1.       Implement Super Democracy.
2.       Arrange Mutual Credits with Pakistan and Ethiopia.
3.       Set up the Public Investor System.
4.       Promote Super Silicon Valley Mentality.
5.       Take an active role in the OBOR initiative with Think Tanks and Test Projects.
6.       Introduce the sure-win businesses in both inside and outside Hong Kong.
7.       Let the General Public know about Global War and true Globalization
8.       Get all Political Parties and Elites to discuss what are the Meaningful Economic Activities for Hong Kong?

Each point will be elaborated in the following posts.  For Basic Background Information, go to overunityresearch.com. Read the One Belt One Road Thread.

[ltseung888]

If I were Carrie Lam, the New Chief Executive of Hong Kong, I would:

1.       Implement Super Democracy.
2.       Arrange Mutual Credits with Pakistan and Ethiopia.
3.       Set up the Public Investor System.
4.       Promote Super Silicon Valley Mentality.
5.       Take an active role in the OBOR initiative with Think Tanks and Test Projects.
6.       Introduce the sure-win businesses in both inside and outside Hong Kong.
7.       Let the General Public know about Global War and true Globalization
8.       Get all Political Parties and Elites to discuss what are the Meaningful Economic Activities for Hong Kong?

Each point will be elaborated in the following posts.  For Basic Background Information, go to overunityresearch.com. Read the One Belt One Road Thread.

1. Implement Super Democracy

Hong Kong has the basic requirements to implement Super Democracy to demonstrate to China and the World. 


Super Democracy has the following elements:

a.   Use Structured Internet Forums to discuss issues thoroughly.  There will be at least three levels.  The first level allows posts from all.  Only the obscene, really abusive posts would be deleted.  This enables freedom of speech.  The second level will be via invitation only.  The good ideas from the first level will be reposted and further discussed.  The third level will receive much more resources and may form the basis of future Government Policies.

b.   Funding for the first level can be relatively small.  Any organization with checked support from 1,000 registered voters will receive funding.  The amount may be HK$100,000 startup and HK$20,000 monthly for maintenance.  The applying organization is responsible for moderating the forum.

c.   Funding for the second level will be much larger.  There will be dedicated staff to select worthwhile posts from the first level.  Each post may be given HK$1,000.  Some Think Tank Personnel may treat that as a part-time or full-time job and post regularly. Some budding politicians will find that as a good platform.  The registered voters can read the posts and place their votes on such posts.  The qualifications of the Candidates will be effectively screened.

d.   Funding for the third level will vary.  This is equivalent to the Consultant Reports or Recommendations.  The amount of funding is likely to be project specific.  The good thing about this arrangement is that the funding can go to any Political Party or Organization with good ideas open to the Public.  The Reports may form the basis of actual Government Policies.

e.   The Legislative Council Members may still be voted using the present system. 

f.   There will be a supplement all registered voter participation system. Important policies can be voted by all registered voters on-line.  Initially, this may be for reference only.  The Internet and Mobile Phone Technology have advanced to make such a system practical.  If Hong Kong can demonstrate this to the World first, Hong Kong Citizens will be proud.  When all eyes are on Hong Kong, many stupid in-fighting will disappear...


Internet technology has already overcome the limitation of space, time, and number of participants. Registered voters who cannot use the Internet can be helped by designated personnel similar to helping the blind voters at present. Technology, technology and technology.

[ltseung888]

http://www.overunityresearch.com/index.php?topic=3482.msg62772#msg62772


The attached file was used in the Meeting with the Maritime Silk Road Society on July 5, 2017.


The recommendation was to refine it more and send it to the New Central Policy Unit and other relevant organizations.


The file represents some view points on what the new Chief Executive of Hong Kong should do.