Ufo propu engine, closed loop

[ltseung888]

Latest energy News from China

https://www.youtube.com/watch?v=SyvKyijvk9U

Chinese Scientists successfully extracted energy from hot rock in the Western Parts of China.  Estimated quantity will serve the Chinese Energy Needs for the next 3900 years.  We shall eagerly wait for the details...


Hot dry rock geothermal energy
From Wikipedia, the free encyclopedia

Hot dry rock (HDR) is by far the most abundant source of geothermal energy available to mankind. A vast store of thermal energy is contained in the hot—but essentially dry—impervious crystalline basement rocks found almost everywhere deep beneath the earth's surface. A concept for the extraction of useful amounts of geothermal energy from HDR originated at the Los Alamos National Laboratory in 1970, and Laboratory researchers were awarded a U.S. patent covering it.

Although often confused with the relatively limited hydrothermal resource already commercialized to a large extent, HDR geothermal energy is very different. Whereas hydrothermal energy production can only exploit hot fluids already in place in the earth's crust, an HDR system (consisting of the pressurized HDR reservoir, the boreholes drilled from the surface, and the surface injection pumps and associated plumbing) recovers the earth's heat from hot but dry regions via the closed-loop circulation of pressurized fluid. This fluid, injected from the surface under high pressure, opens pre-existing joints in the basement rock, thus creating a man-made reservoir that may be as much as a cubic kilometer in size. The fluid injected into the reservoir absorbs thermal energy from the high-temperature rock surfaces and then serves as the vehicle for transporting that heat to the surface for practical use.

[profitis]

"Whereas hydrothermal energy production
can only exploit hot fluids already in place in the
earth's crust"

Yes

[ltseung888]

"Whereas hydrothermal energy production
can only exploit hot fluids already in place in the
earth's crust"

Yes

https://www.youtube.com/watch?v=uRPp6iYDGls
The above is from CCTV13.  It looks like the information is real.

If the information is real, China is doing the following:

1.  Find locations where there may be a Natural Fault which can act as heat storage/reservoir.
2.  Use technology to produce such Faults or Reservoirs.
3.  Improve the drilling technique to drill deeper and faster.  (One suggestion is to use the no drill head technology.  Use Brown's Gas to burn through rocks.)

I actually used Brown's Gas to burn through bricks over 20 years ago.  Brown's gas is produced by "fresh electrolysis".  The Hydrogen and Oxygen atoms are still in the mono-atomic state.  When such a gas is ignited, it has special properties - such as melting tungsten, burn through bricks but feels cool when touched by hand.  It can cause implosion rather than explosion.  But once it is not used, the hydrogen and oxygen atoms will combine to the highly explosive mixture of hydrogen and oxygen gases.  The late Yull Brown spent some years in China and helped to develop some commercial Brown Gas Generators.

Note that the discussed technology is hot, dry rocks(HDR).  HDR exist almost everywhere if one drills deep enough (assuming the center of the earth is still hot, molten).  The trick is to extract the energy by injecting water from one hole and extracting the steam from another.  In many locations, the water will go elsewhere and wasted.  It is a matter of finding the right location, store and extract the heat.  China is able to achieve that in some (5) experimental holes/wells in Tibet.

A concept for the extraction of useful amounts of geothermal energy from HDR originated at the Los Alamos National Laboratory in 1970.
China was able to turn that concept into successful experiments 50 years later.  Technology, technology and technology.

[ltseung888]

Game Changer at the Fishing Pond and its implications.

At the Fishing Pond I frequently visit, the bait supplied by the owner used to be the traditional mixture of flour and grounded-up peanuts from oil factories after the peanut oil is extracted.  Bottom fishing technique is used.  The fishes caught (mainly tilapia) are usually small.

Recently, the owners reached business deals with some bakeries.  They got large supply of "unused portions of sandwich bread".  The half dried bread floats on the surface and the fishes compete to devour them.  The fishes caught this way are usually the larger ones.  The on-lookers can see the fishes rushing to eat the bait and that creates much excitement.

One fellow fisherman remarked: "This changes the equipment and technique I used all my life.  I can see that it brings more excitement and thus more business to the owners."

The Game Changer is occurring at the Fishing Pond.  But the other major Economic Game Changer is occurring all over the World.

The old rule of the Economic World was – Capital was King. If Nation X wants to build an infrastructure, it has to pay.  It needs to beg the World Bank or IMF.  It needs to get USD to pay for energy, technology and foreign experts.

The new rule is – Technology is King.  Nation X should master the technology. Capital can be printed from thin-air. Some Nations with spare capacity and know-how (e.g. China and Japan) are willing to go for win-win. They accept Currency X via Currency Swaps or Mutual Credits.  Plan together, work together and enjoy the fruits together.

(The fishes caught are larger.  The on-lookers can enjoy the excitement together.  The owners get more profit.  The Infrastructures built are bigger.  The on-lookers can see and enjoy together.  The Nations involved get more knowledge, technology and prosperity.)

[ltseung888]

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

The post praises President Trump via his misguided policies that indirectly help the rise of China.

One of the points I would like to make here is on Currency War.

1.  President Trump thinks that China deliberately lowered its RMB exchange rate to help Exports.  The misguided policy is to force the RMB to appreciate.  In reality, this will diminish the dominance of the US Dollar.  When the RMB slowly appreciates, Nations will use it as the Settlement and Reserve Currency.  It is better than holding Gold.  RMB deposits earn interest.  RMB can purchase almost all types of goods and services.

2.  The concept of Mutual Credits has not been taken seriously yet.  Some Wall Street Analysts treated it as Currency Swap with little future. In reality, this allows Nations to use their own thin-air money with their trading partners.  They do not need to borrow USD thus making World Bank or IMF irrelevant.  For example, China has a mutual credit arrangement of 10 Billion RMB with Nation X at an agreed, fixed exchange rate of Y within a one year time frame.  This means Nation X has 10 Billion RMB to purchase goods and services from China and vice versa.  Trade and investment will be stimulated.  (The 10 Billion RMB will be effectively worthless if not used within the one year time frame.  Think of it as gift coupons with an expiration date!)

3.  The fixed exchange rate effectively pegged Currency X to RMB for the one year period for a total value of 10 Billion.  This arrangement partially shields Currency X from the attack of the Crocodiles.  Once Currency X is pegged, more stability in trading will result.  If Nation X indiscriminately prints Currency X, the maximum risk is only a manageable 10 Billion RMB.  Market forces (or Crocodiles) will not be able to devout Nation X as in 1991 with USSR and in 1997 with the Asian Nations.  The present unregulated Forex Exchanges need to be reformed.  Wall Street and the West will not initiate reforms as they are profiting from it.

4.  The World will no longer be dominated by World Bank, IMF, AIIB etc.  There will be many local national banks catering for the local needs.  All these local national banks can print thin-air money with limited support via Mutual Credits.  When China is successful with the win-win, plan together, work together and enjoy the fruits together OBOR initiative, many Developing Nations X will acquire the knowledge and technology.  (Runs on local national banks can be prevented with some Big Government or National Guarantees such as practiced in China or Hong Kong.)

5.  When local banks loan to private companies and individuals, these companies and individuals can get rich much more quickly.  When the World was dominated by USA, IMF and the World Bank were used as political tools.  Nation X must submit to USA to get thin-air USD.  Now Nation X can print its own thin-air money and set up Mutual Credit Arrangements (plan together with other Nations, especially China).

6. The new financial rule is no longer totally domination of the USD.  It will be the collective Mutual Credit Arrangements of many Nations.