Ufo propu engine, closed loop

[ltseung888]

Is it a Meaningful Economic Activity for Hong Kong Citizens to:

buy and keep gold?

USA is trying to get people to turn away from gold as reserve.  USA hopes that all will keep US Dollar as the reserve.  One technique is to devalue other currencies.  China, Russia, India and some other Countries are buying gold.  When USA and allies have no more gold to sell, what will happen to the price of gold?

Will USA be able to keep the US dollars as the default reserve while printing lots and lots...

Is there an alternative?  Bilateral arrangement between two countries will not need US dollars.  But multilateral trade will need an agreed standard...

[ltseung888]

Is it a Meaningful Economic Activity for Hong Kong Citizens to:

buy and keep gold?

USA is trying to get people to turn away from gold as reserve.  USA hopes that all will keep US Dollar as the reserve. One technique is to devalue other currencies.  China, Russia, India and some other Countries are buying gold.  When USA and allies have no more gold to sell, what will happen to the price of gold?

Will USA be able to keep the US dollars as the default reserve while printing lots and lots...

One technique is to devalue other currencies.


One way to boost exports is to devalue the currency.  But China is already the largest exporter...
To make RMB a reserve currency, RMB should be stable or even slowly appreciating.  Currency War is not simple.
But if China sticks to the goal of getting others rich...

[ltseung888]

Is it a Meaningful Economic Activity for Hong Kong Citizens to:

buy and keep gold?

USA is trying to get people to turn away from gold as reserve.  USA hopes that all will keep US Dollar as the reserve.  One technique is to devalue other currencies.  China, Russia, India and some other Countries are buying gold.  When USA and allies have no more gold to sell, what will happen to the price of gold?

Will USA be able to keep the US dollar as the default reserve while printing lots and lots...

Will USA be able to keep the US dollar as the default reserve while printing lots and lots...

The real value in the Modern World is the quality and quantity of Meaningful Economic Activities.  For example, when the Chinese women volley ball team won Olympics gold medal, there were celebrations.  Companies sponsored the team and paid millions to some players as spokeswomen. It was good advertising business.  Is it a high quality Meaningful Economic Activity?

The lesson is - keep increasing the quality and quantity of various types of Meaningful Economic Activities.  Some Meaningful Ones will not be as meaningful when circumstance changes.  For example, when China got more prosperous, citizens ate more meat and less rice.  Growing more rice for China became less meaningful.

A Nation needs to have a team of top economists constantly monitoring and discussing what are the Meaningful Economic Activities for the Nation...

Will USA be able to generate more and better Meaningful Economic Activities to justify keeping the US dollar as the default reserve?

China is using the one-belt-one-road win-win strategy to generate more and better Meaningful Economic Activities.  Get other Nations rich...

[ltseung888]

Question: It took China many decades after the Second World War to get Developed.  There were set backs such as the Korean War, the Great Leap Forward, the Cultural Revolution etc.  The confidence and pace really picked up in the last two decades.  Would it take another Nation that long now that they have the success Chinese Model?

Answer:  Germany and Japan recovered much, much faster after the Second World War.  They already mastered the technology, technology and technology.  China, under Mao, focused more on politics. The good thing about technology and knowledge is - once you mastered it, you would have it forever. If you share it or give it away, you actually gain more.  It is not Capitalism or Democracy that gave USA the superiority.  It is technology, technology and technology.

China now master the Infrastructure Building technology.  It can build, build and build.  Build in other Nations with thin-air money to achieve win-win.

If a Nation such as Ethiopia now focuses on technology, technology and technology, it will be developed in less than 2 decades.  Just focus on five year plans and avoid the political turmoils. 

Hong Kong is stupid.  Many still believe in "minimum interference and maximum support" or Dr. Do Nothing.  Singapore mastered the Five Year Plans and true State Capitalism.  Subsistence farming or industries will get people occupied (provide jobs) but they are of little use in developing the Nation.  Dad and Mom retail stores will never be able to compete with Multi-Nationals.  Multi-Nationals will never be able to compete with properly run State Enterprises.  The USA story of Private Enterprises is a story.  State support is a key component in the Modern World.  USA will use State help to get many manufacturing jobs back to USA.  USA will use Government resources to engage in Cyber Wars and Currency Wars...

[ltseung888]

What have China done right to develop so fast and in such a vast scale?

What have China done wrong in the process?

Can a Developing Nation learn anything useful?

Can a student differentiate what is propaganda and what is truth in the discussions?