Ufo propu engine, closed loop

[conradelektro]

Japan is an example of negative population growth.  It will have a chance to showcase its development in 2020 Olympics..

Japan is an interesting case, you are right.

I spoke at length with people who have been there in June. Everything is clean and well organised, even the public transport. Everywhere you go, there are enough employees to render a good service.

The most interesting thing: the government does not care about the deficit. This indicates to me, that they plan to eventually write off all public debt. This has very little impact on the general population if you nationalise the banking sector and write off private debt as well.

The question is, can they pull it off without intervention from the rest of the world.

We will see.

The other case is China. They also have built up an enormous amount of debt. But because the banks there are not really private they can write off secretly any debt they want.

I suspect, that the USA and Europe have to do the same in principle. No country can pay back the debt it built up in the last thirty years.

I could go on endlessly about this subject, but this is not the right forum.

Greetings, Conrad

[ltseung888]

Japan is an interesting case, you are right.

I spoke at length with people who have been there in June. Everything is clean and well organised, even the public transport. Everywhere you go, there are enough employees to render a good service.

The most interesting thing: the government does not care about the deficit. This indicates to me, that they plan to eventually write off all public debt. This has very little impact on the general population if you nationalise the banking sector and write off private debt as well.

The question is, can they pull it off without intervention from the rest of the world.

We will see.

The other case is China. They also have built up an enormous amount of debt. But because the banks there are not really private they can write off secretly any debt they want.

I suspect, that the USA and Europe have to do the same in principle. No country can pay back the debt it built up in the last thirty years.

I could go on endlessly about this subject, but this is not the right forum.

Greetings, Conrad

In the early 1980s, I had the discussion with the relative of a Chinese Official.

The Topic was:  Should Government increase the money supply to do infrastructure projects?

My argument was that if there were no increased money supply, one person getting richer will mean that another person will get poorer.  The increase , however, must be linked to something meaningful.

We need a new understanding of debt - especially Government Debt.

USA increases the money supply and trickles it down via Banks and large financial or other Organizations.  China is giving such increase to many projects - infrastructures and high technology catch-ups.

[ltseung888]

Japan is an interesting case, you are right.

I spoke at length with people who have been there in June. Everything is clean and well organised, even the public transport. Everywhere you go, there are enough employees to render a good service.

The most interesting thing: the government does not care about the deficit. This indicates to me, that they plan to eventually write off all public debt. This has very little impact on the general population if you nationalise the banking sector and write off private debt as well.

The question is, can they pull it off without intervention from the rest of the world.

We will see.

The other case is China. They also have built up an enormous amount of debt. But because the banks there are not really private they can write off secretly any debt they want.

I suspect, that the USA and Europe have to do the same in principle. No country can pay back the debt it built up in the last thirty years.

I could go on endlessly about this subject, but this is not the right forum.

Greetings, Conrad

I suspect, that the USA and Europe have to do the same in principle. No country can pay back the debt it built up in the last thirty years.

You are touching on the new economics.  Capital is no longer a scare resource. 

Chinese Government or consulting groups are talking about a bold scheme in relation to the plans after 2020.  By 2020, all Chinese should have risen above the poverty line as defined by United Nations.  One suggestion is to raise the standard of living of all minorities faster than the General Population.  They have been lacking behind for a long time.

In USA, they allowed casinos in the Native Indian Reserves.

The suggestion is
1. Turn the minority areas into top holiday resorts.
2. Build First Class Facilities
3. Announce that it is Government Policy.
4. Set up some semi-government funds to pump in the finances.
5. Get many citizens to invest - stating that the investment is partially supported by Government.  Priority will be given to the small investors.
6. The potential investors are encouraged to travel to these Holiday Resorts.
7. Ensure that the minority groups get much more financial benefits and job opportunities.  This will automatically reduce racial tension.
8. The General Public can benefit much from the stock investments.  It is a powerful win-win strategy.

Is that a better suggestion than building casinos?  The Chinese planners have brains...

[ltseung888]

I suspect, that the USA and Europe have to do the same in principle. No country can pay back the debt it built up in the last thirty years.

You are touching on the new economics.  Capital is no longer a scare resource. 

Chinese Government or consulting groups are talking about a bold scheme in relation to the plans after 2020.  By 2020, all Chinese should have risen above the poverty line as defined by United Nations.  One suggestion is to raise the standard of living of all minorities faster than the General Population.  They have been lacking behind for a long time.

The worry is that some Governments increase the money supply recklessly.  Some may even start wars to destroy the hard earned wealth.  Some caused wars in other countries.  Why would Syria have the civil war if it had democracy?

[conradelektro]

Itseung888 wrote: We need a new understanding of debt - especially Government Debt.

Response: Unfortunatelly we understand debt too well. Debt is a common feature since at least 5000 years ( see https://en.wikipedia.org/wiki/Debt:_The_First_5000_Years ). Debt comes in many forms and always according to the possibilities of the era or epoch. To suppress people by physical force is wasteful and ineffective. Debt (like religion and politics) is a much more clever and well established way to keep the masses in line. A very bad feature of debt is that it has to grow exponentially in order to work. History has shown that dept growth in the first 30 to 40 years is sustainable but then it has to grow like grazy. Most of the time debt never reached the crazy growth periode because war, politcal unrest or natural disasters caused the eradication of the debt system early on. Therefore not many people accept the exponential growth debt cycles. Right now we are in the crazy growth zone and the only outcome is a crash or a rest by war, polical unrest or natural disaster.

(Remark: It is quite difficault to understand debt because the literature and the wisdom presented at universities are very confusing and contradicting. You have to read and understand a lot before your own judgment can set in. Most experts are self serving and of little help. And then there is too much conspiracy nonsense clouding everything. But relax, you do not want to know the truth anyway, it is too unsettling.)


Itseung888 wrote: The Chinese planners have brains...

Response: I am not so sure, historically the Chinese made the same mistakes related to debt. Nobody likes to learn from history and the Chinese are also people like the rest (greedy, self centered and power hungry).


Itseung888 wrote: Why would Syria have the civil war if it had democracy?

Response: Syria has a civil war mainly because of over population. This is also the reason for the civil war in Lybia and the unrest in most countries of Northafrica. It is hard to find an other basic cause for war besides over population.

Prediction: War, political unrest or a natural disaster will reset the current financial system (like it always happened). A financial crash is always mixed up with terrible times, and in the aftermath nobody will know why it happened.


Some hope: there was a clever system in Mesopotamia (more than 2000 years ago). Whenever a new king came to power, all clay tablets containing the debt records were smashed and a new debt cycle started. That worked well for about a century till some "clever" people ended this good way of handling debt because they were greedy. There is some hint to a similar system (7 year cycles) in the bible, but it is too vague. Could we set up a similar system (in a modern way)? I doubt it, you and me, we are too greedy (like everybody else since at least 5000 years).

Note: the state of the world reflects the mind of the people and your are like all other people (and I am the same, no exception). So, look at yourselve and you will understand the world.

Greetings, Conrad