Ufo propu engine, closed loop

[ltseung888]

Gwadar - The seaport in Pakistan as the link in the one belt one road.

Many in Pakistan want Gwadar to be developed like Shenzhen within 10 years - from a small 80,000 inhabitants to be a high tech and financial center with over many million citizens. Some plans are:
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1. Do the grand city development plan to cater for 10 million people. Plan for commercial, residential, entertainment, academic, government zones.

2. Plan on the infrastructure projects such as water, electricity, gas,  traffic, internet facilities.

3. Plan on high rise buildings using pre-fabricated technology - a thirty-floor building in a few days. This can be a model for the rest of Pakistan.

4. The human traffic system can be North-South on one level and East-West on another level. Integrate this with buildings. Heavy traffic can use the ground level.

5. Do the Mutual Credit with China. Use the Chinese currency to build needed infrastructures and material. Encourage Chinese Companies to invest locally in Gwadar and train Pakistanis with Pakistan currency.

6. Establish a Gwadar University focusing on commerce and financial services. Aim to develop insurance, stock market, commodities and other financial trading. Encourage the students to use Internet commerce and internet learning as much as possible. All courses from primary to university can have an Internet version.

7. Use the mobile phone as the default wallet. The smart phone serves as phone, learning instrument, wallet, identity card, super democracy voting card, link to government services etc. Gwadar will be the high tech show place of Pakistan.

8. Encourage International Banks, Franchises, Chains to establish bases. Raise money in the Hong Kong Stock Exchange? Use the remote control and monitoring mechanisms well.

9. Start the Forums for ideas. Consider relationship selling, public investors and subsidized housing for the qualified talents.

10. Think of Gwadar as the model for the important ports in the one belt one road initiative.

In the past, when a Nation got more developed, more powerful and militarily strong, it would expand and conquer other Nations. Its progress and wealth brought suffering to others.

The one-belt-one-road initiative is a new direction. When China becomes wealthier, technically more advanced, it helps other Nations to become rich. It uses its spare capacity to help other Nations to build infrastructures. It prints thin-air money to provide the capital. It does not use force to impose its ways. It builds and maintains its wealth by helping other Nations rich. This win-win philosophy should be heavily promoted.

Japan is following similar paths. It is helping India and Indonesia with capital (thin-air money) and technology to "compete" with China. This is actually win-win for the World.

[ltseung888]

In the past, when a Nation got more developed, more powerful and militarily strong, it would expand and conquer other Nations. Its progress and wealth brought suffering to others.

The one-belt-one-road initiative is a new direction. When China becomes wealthier, technically more advanced, it helps other Nations to become rich. It uses its spare capacity to help other Nations to build infrastructures. It prints thin-air money to provide the capital. It does not use force to impose its ways. It builds and maintains its wealth by helping other Nations rich. This win-win philosophy should be heavily promoted.

Japan is following similar paths. It is helping India and Indonesia with capital (thin-air money) and technology to "compete" with China. This is actually win-win for the World.

Comment:

China is turning the building of Infrastructures from "art" into "science". The model farms, villages, malls, factories, cities etc. provide the knowledge and experience for others to replicate and improve.  It is like Ford producing the factory production line. Previously, a city must grow or evolve slowly. The growth is determined by many unknown factors. It can be compared to an artist painting a large picture. He may have the final picture in his mind. In the painting process, he may keep changing and innovating.

China is turning that into a copying process. The copying group just look at the final picture and replicate. The various models provide the building blocks. The copying process is much easier and faster. There may be some modifications but the departures from the models are usually minor.

China can defeat the Currency War Weapon that destroyed the USSR and the Asian Miracle. Its strategic thinkers see the whole world as their "playing field". To become rich and remain rich, the best strategy is to help to get other Nations rich.


My strategic thinking is to have two camps competing to help Developing Nations develop. One camp is USA and allies. The other camp is China+Russia and allies.

[ltseung888]

What would I say to the one-belt-one-road participating Nations.

1. To the Developed Nations:

Use your knowledge and spare production capacity well. Knowledge has the unique property that the more you give away, the more you will have. One way to deal with spare production capacity is to cut back. That will mean loss of jobs and incentive to develop better. Use that spare capacity to help Developing Nations. Forget the "return on investment" ROI principle. Capital or money can be created from thin-air. Much of the so called investment in the Financial Market is games - gambling on Forex, derivatives, junk bonds etc.

2. To the Developing Nations:

The key to development is technology, technology and technology. Technology can be learned. In the past, Developed Nations came to your Country to rob resources or make you as slaves. Now, a new game is in town. The Chinese Model is - to become rich and remain rich, the best strategy is to help other Nations rich. Consider the opportunities offered via the one-belt-one-road initiative. Learn the technology well. Learn to design and build infrastructures. Learn to use your resources well. Learn the win-win strategy of trading. Learn the super silicon valley mentality - all the things from the Developed Nations are actually third class. It is your duty to turn them into second or first class. You can do it.

Can you use modern agricultural techniques to achieve food security? Can you use Internet to pass knowledge to your citizens? Can you copy and improve on the infrastructure building techniques? Can you stop the fighting within your Nation? Can you set up Special Economic Zones to invite other Nations to make money to achieve win-win? Can your universities put educational courses (or translate them) on the Internet? Can you use mobile phones to achieve banking, super democracy? Can you understand Mutual Credits, Relationship Selling, Public Investors and win-win? Can you overcome the inferiority complex?

Compare the Capitalism, Communism and the State Capitalism models. Study the progress of Singapore and China. Look at the progress in Ethiopia. If Ethiopia can do it, can you do it? Do not go for subsistence farming or manufacturing. Adopt the best technology, technology and technology.

[ltseung888]

What would I say to the one-belt-one-road participating Nations.

1. To the Developed Nations:

Use your knowledge and spare production capacity well. Knowledge has the unique property that the more you give away, the more you will have. One way to deal with spare production capacity is to cut back. That will mean loss of jobs and incentive to develop better. Use that spare capacity to help Developing Nations. Forget the "return on investment" ROI principle. Capital or money can be created from thin-air. Much of the so called investment in the Financial Market is games - gambling on Forex, derivatives, junk bonds etc.

Comment:

Tseung, you have violated the cardinal principle of "Return On Investment". The whole Capitalism Philosophy relies on Return On Investment. No private enterprise will go into large non-profit making ventures. It is simply not sustainable.

You are saying that a Nation can go into non-profit making ventures because it can print thin-air money. This violates the principles of economics. The printing of money represents debt. The debt must be repaid by us or by our off-springs. No Banks, including the Asian Infrastructure Investment Bank, will loan to such projects. The shareholders or member Nations will not allow such foolish investment.

[ltseung888]

Comment:

Tseung, you have violated the cardinal principle of "Return On Investment". The whole Capitalism Philosophy relies on Return On Investment. No private enterprise will go into large non-profit making ventures. It is simply not sustainable.

You are saying that a Nation can go into non-profit making ventures because it can print thin-air money. This violates the principles of economics. The printing of money represents debt. The debt must be repaid by us or by our off-springs. No Banks, including the Asian Infrastructure Investment Bank, will loan to such projects. The shareholders or member Nations will not allow such foolish investment.

You are correct in saying that private enterprises will not go into large non-profit making ventures. Private Enterprises use profit as their life-blood. They may use a little bit as charity to boost their image. They will never allow their life-blood to be drained.

There is a misconception that the thin-air money printed by a Nation is a debt that must somehow be repaid. Money is an instrument by a Government that is accepted by its citizens as a means of exchange of goods and services. The real value behind money is the goods and services that can bring prosperity to the citizens. When there are more goods and services, more money is required. In order for the citizens to be rich (or own more money), a Government must issue more money. If the Government over-prints, there will be unsustainable inflation. Citizens will lose confidence in the money they hold. Thus a Government must maintain that trust and control the rate of printing or use some other means to maintain that trust. One way of maintaining trust is to keep increasing the goods and services.

China traditionally produces much goods and services for export. It receives paper money as foreign currency reserve. The foreign currency reserve is supposed to buy or import goods and services from the other trading Nations. Thus having a surplus of foreign currency reserve is generally considered a good thing. However, blindly increasing the reserve means giving away one's goods and services for thin-air paper money. Worse, if the reserve were drained or gambled away via Forex trading etc, all the hard work in producing the goods and services would be wasted.

The concept of waste should also be examined from a different angle. If a Nation gains knowledge and technology in providing the goods and services (and maintaining employment), that process can be regarded as producing more Meaningful Economic Activities. China is finding it more difficult to identify Meaningful Infrastructure Projects within China. It can cut back. But many other Developing Nations need the infrastructure projects.

Would it be nice to exchange such infrastructure projects for something? But if the other Nations have nothing meaningful to exchange, what should China do? The one-belt-one-road initiative tackles this problem by helping other Nations rich (or capable of producing more goods and services). The Chinese saying is "if one wants to be rich, first build a road". That concept worked wonders for China. The road covers all infrastructure projects such as roads, bridges, high speed rails, airports, seaports, dams, electricity power, internet etc. It is the communication that will identify the opportunities to get rich.

Printing money within a Nation is not a debt. The citizens are the lenders and the recipients. The question is – what are the Meaningful Economic Activities that will be generated.

When other Nations hold one's paper money in form of treasury bills, they basically accept to receive the principal and interest back as more paper money. If they do not like that, they will have to use that paper money to buy goods and services. That is likely to stimulate more Meaningful Economic Activities for the paper issuing Nation.


Modern Wealth is the quantity and quality of Meaningful Economic Activities.