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Author Topic: One Belt One Road  (Read 20610 times)
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An Official of a Developing Nation asked: "Can you recall the development of China from the early 1980s when China was poor after the Cultural Revolution? What can we learn from that history?"

Elaborating on the Answers (Part 2),

3. Will the confidence of my Nation grow if we go for super democracy first?

It depends on the Nation. Super Democracy requires good Internet Connections and access by all voters. The voters need to have achieved a certain level of education.

It may be better to focus on economy first. Make Money. Get Rich. Learn, Master and Improve technology, technology and technology.
   
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An Official of a Developing Nation asked: "Can you recall the development of China from the early 1980s when China was poor after the Cultural Revolution? What can we learn from that history?"

Elaborating on the Answers (Part 2),

4. How can we develop our Think Tanks? Can they identify the Meaningful Economic Activities?

Set up the Structured Internet Forums. Master Systematic Brainstorming. Think outside the box. Let multiple Think Tanks compete. Invite outside Think Tanks to participate. Use Mutual Credits to fund initial Think Tank activities. Make sure that they get exposure to and from outside.

Be willing to accept unpopular proposals such as need for Birth Control; let Foreign Investors make money in the Special Economic Zones etc.
   
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An Official of a Developing Nation asked: "Can you recall the development of China from the early 1980s when China was poor after the Cultural Revolution? What can we learn from that history?"

Elaborating on the Answers (Part 2),

5. The Chinese are saying: "If you want to be rich, build a road first." How true is it for my Nation?

In general, this is true. A village must have access to the outside to sell its agricultural products.  If not, much of the product will rot.  With good access, the products will go beyond the surrounding towns and better price will result.

Goods and knowledge will go to the villagers much easier.

But note that many Developed Nations do not rely on High Speed Trains. They have highways and airports. The fastest passenger traffic is air for a large country.

The Chinese Saying is: "To get rich, first build the road." Note that it was only the first step. More steps must follow.  These steps include selling products, Government and Private planning together, inviting tourists, learning, setting up restaurants, developing local brands, creating wealth opportunities, watch out for pollution etc.
   
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There will be a discussion session this afternoon on the major events that changed China from 1980 to 2017.

Major events that changed China from 1980 to 2017
1980   Rise of Deng Xiaoping
         One Child Policy
         Special Economic Zones
         Let some get rich first
         State Capitalism
1984   Relatives of Officials (Princelings) became business tycoons
1989   Tiananmen Student Protest
1991   Collapse of USSR
1997   Return of Hong Kong to China
1997   Asian Financial Crisis
2001   Join WTO
2006   Completion of the Three Gorges Dam
2008   Beijing Olympics
2008   World Financial Crisis   
2013   One Belt One Road Initiative
2015   Currency War
2017   One Belt One Road Summit
   
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Summary of the discussion session.

1. The most important event was the mindset change of the Leaders and the Think Tanks. Deng Xiaoping set in motion the Open and Reform policies. One brilliant move was encouraging the sons and daughters of Senior Officials to go into Business. The Political Infighting gave way to "make money".
 
2. The Chinese Citizens were quick to learn.  Make Money.  Get Rich. Master technology, technology and technology.

3. Political stability allowed the completion of the various Five Year Plans.  The use of computers and Internet allowed proper planning and monitoring.

4. The small successes brought the necessary self-confidence. The self-confidence enabled China to establish new Financial Rules such as One Belt One Road. Win-win; plan together; work together and enjoy the fruits together.

5. The loss of one trillion USD Foreign Currency Reserve taught China NOT to play by the Rules of the West.  Their financial advisors often gave candies containing poison. In Economic Wars, it is difficult to tell who is friend and who is foe.

6. The China Model should just be a Model for other Developing Nations. They must find a path specific to their Nation.
   
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Meeting with an IT Company

IT: “Our Founders have education in Europe. We specialize in Artificial Intelligence (AI) and helping Companies manage their businesses worldwide.”

Tseung: “We are interested in applying AI to trading in the Forex Market. The Forex Market is an unregulated market but its daily transaction volume is in trillions of US dollars.”

IT: “We have not done too much work on Forex but we understand it to be highly leveraged. Investors can make or lose a lot of money in a short time.”

Tseung: “That is correct. Normally, a Nation wants to keep its Exchange Rate within a narrow range for financial and trading stability. The fluctuation on a daily basis is kept to fractions of one percent in most cases. Previously, the game is reserved for Governments and big Banks.  Now there are hundreds of small Forex Brokers or Companies. The purpose is not to exchange money to settle trading difference. The purpose is speculation – manipulating or betting whether the Exchange Rate will go up or down.”

IT: “But if the daily fluctuation is small, there is not much profit to be made.”

Tseung: “That is where leverage comes in. These Forex Brokers or Companies loan the customer money to bet. In Hong Kong, the legal limit is 1 to 20 meaning if the customer places 1 dollar, the broker may loan 20 dollars to the customer. In USA and UK, 1 to 200 is the norm. Since the Industry is not regulated, some brokers loan 1 to 500 or more.”

IT: “How would an Investor make money?”

Tseung: “The operation is effectively a casino. The investor or gambler basically bets on whether the Exchange Rate will go up or down. The betting is always on a pair.  For example, USD and Euro is a pair; USD and Japanese Yuan is a pair, USD and Chinese Offshore CNH is a pair etc.”

IT: “An investor can bet whether the Euro will go up or go down against the USD.  If he thinks the Euro will go up, he buys Euro now and sells Euro later when the Euro exchange rate goes up.”

Tseung: “Correct. If he thinks the Euro will depreciate against the Dollar, he sells the EUR/USD pair first. When the Euro depreciates, he buys the pair back to make the profit.  It is a form of gambling. The investor never needs to own any Euro or USD. (The Forex Broker does not need to own such currencies either.)”

IT: “What determines whether an exchange rate will go up or down?”

Tseung: “The Western Economists call it Market Forces. There are buyers and there are sellers. The Forex Brokers (casino owners) quote a buy and sell price at any one time. They can take the risk themselves or broker the transaction to a bigger bank and take a small transaction fee.  In the bigger picture, the exchange rate is affected by World Events.  For example, when Brazil had meat export problems, their currency depreciated. When UK left the Common Market and the Election Results were not favorable, the British Pound depreciated.”

IT: “That is ideal for Artificial Intelligence. AI helps to predict the results when an event occurs.”

Tseung: “That is why we have this meeting…”


   
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Artificial Intelligence based Forex trading strategy is expected to be a vital part of cutting edge trading. Intelligent machines would supplant any sort of manual intercession. AI Forex strategy is anticipated to beat the dangers of passionate parts of exchanging like greed, fear, and emotions. These machines would learn from every trade they execute and powerfully change their basic decision-making capacities. They would be prepared to follow up on all the economic situations.

https://atozforex.com/news/is-there-any-artificial-intelligence-based-forex-trading-strategy/

The early computer chess games could be beaten easily but now ...

The AI based programs now would be in a similar position. The Forex Exchanges (Casinos) will also use AI based programs to consolidate their profits. The battle will advance the AI technology. I would consider the effort a Meaningful Economic Activity.
   
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https://www.youtube.com/watch?v=e8c55hH9ENE

One positive view on One Belt One Road. (Jeff Brown: Belt and Road Initiative - Peace is Breaking Out All Over)

The West was successful for 500 years with their technology.  They won and others lost. Win-win was never considered...

A retired Hong Kong and Shanghai (HSBC) Manager said: "The OBOR operation was like HSBC for Hong Kong since the 1970s. HSBC loaned aggressively to Hong Kong Businesses especially property developers. When a Developer successfully won a bid on a piece of land, HSBC loaned money to them to do initial development.  The Developers then sold their planned or developed units.  HSBC loaned to the Citizens (as mortgages). The money was never from deposits. The money was created from thin-air with the blessing of the then Colonial Hong Kong Government."

"When Hong Kong became prosperous with all the business activity, HSBC grew to be one of the biggest banks in the World.  The OBOR plans to do something similar.  It pumps out thin-air money to get the many Nations rich.  These Nations will then make the AIIB or other involved Banks rich.  The banks do not really care about a few bad loans as the money comes from thin-air.  China is in a similar position. So long as the end result is general prosperity for the many OBOR Nations, China and AIIB will enjoy the benefits."

"It was a win for HSBC (a UK owned bank) and a win for the Citizens of Hong Kong. Win-win. The Business Activities in Hong Kong would never have been this successful if not for the aggressive lending of HSBC.  Will the aggressive lending from China via OBOR help the many Developing Nations rich?"

Tseung: "China not only lends capital. China also gives out knowledge and technology. China gets itself rich via aggressive printing of thin-air money and circulation of knowledge and technology.  Can China help others rich???"

« Last Edit: 2017-06-29, 22:48:07 by ltseung888 »
   
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Comments:

"Aggressive Lending often means corruption.  That is why World Bank and IMF have rigid standards."

Tseung: "China loans money on Infrastructure Projects.  Most of these Infrastructure Projects are done by Chinese Companies with demonstrated results.  There may be some corruption.  But the citizens see useful infrastructures that benefit them."

"The worst are failed projects - money was spent and unfinished structures became eye-sores."

Tseung: "Expect a few eye-sores.  No Company ever claimed 100% success in their business ventures."

"Plan together. That will help to reduce corruption.  That will help to find the successful Companies."
"Work together.  That will pass on the technology."
"Enjoy the results together.  That will create a more harmonious world."
   
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Comments:

Have China got the knowledge to:

1. Provide food security via modern farming technology?

2. Build Dams to provide clean drinking water and irrigation?

3. Build Roads, Bridges and High Speed Rail to enhance travel?

4. Manufacture all types of household products to benefit the average citizen?

5. Use Internet to pass on knowledge efficiently?

6. Build clean energy generators such as solar, wind, nuclear, coal, natural gas...?

7. Build hospitals and retirement centers?

8. Turn Minority Race areas to Tourist spots and increase the income?

If China prints thin-air RMB and pass on the above knowledge, will a Developing Nation get rich?
   
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Comments:

Have China got the knowledge to:

1. Provide food security via modern farming technology?

2. Build Dams to provide clean drinking water and irrigation?

3. Build Roads, Bridges and High Speed Rail to enhance travel?

4. Manufacture all types of household products to benefit the average citizen?

5. Use Internet to pass on knowledge efficiently?

6. Build clean energy generators such as solar, wind, nuclear, coal, natural gas...?

7. Build hospitals and retirement centers?

8. Turn Minority Race areas to Tourist spots and increase the income?

If China prints thin-air RMB and pass on the above knowledge, will a Developing Nation get rich?


Stupid Tseung.  Human History is about Dominance.  Survival of the fittest.  If you are not the fittest, you will be eaten.
   
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Stupid Tseung.  Human History is about Dominance.  Survival of the fittest.  If you are not the fittest, you will be eaten.

Actually, that sums up the Western Political Thinking.  It explains why the World Bank, the IMF and the United Nations dominated by USA did not help the African Nations to become rich.  USA wants to eat them...

The new paradigm of win-win will be opposed by some Western Political Thinkers.  But it is the correct paradigm for the 21st Century.  Nations with nuclear arsenal cannot be eaten easily.  (Is North Korea thinking correct?  When they have the missiles and nuclear bombs, they will be safe?)
   
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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.")
   
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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.")

Comment:

OBOR threatens the US Dollar Dominance. You are telling the World that China will pump out thin-air money to stimulate Meaningful Economic Activities.  The worst case is to write off some bad loans.  The best is tremendous increase in Meaningful Economic Activities.  Prosperity of the OBOR Nations boom.  China becomes the leading engine to drive the World Economy.

USA will surely try to derail the effort.  Their Think Tanks must be hard at work. The posts here neutralised their Forex arsenal.  They surely will come out with newer arsenal.  Do you think China can win against the US Think Tanks?
   
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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.")

China learned much from Hong Kong.  The many big Chinese Banks also printed thin-air money.  USA printed money to support derivatives, bonds and other financial instruments.  Many of the financial instruments are also thin-air in nature.  Printing thin-air money to support thin-air money is not as meaningful as printing thin-air money to support infrastructures.  The non-money making infrastructure projects will lead to money making business ventures.

China should promote the OBOR project successes aggressively. (There are over 1,000 projects in some 60 Nations.  There must be good news weekly if not daily.)  Follow the non-money making projects with money making projects. Investors and ordinary citizens will understand and love the money making projects - especially if some of these money flow into their pockets...
   
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Comment:

OBOR threatens the US Dollar Dominance. You are telling the World that China will pump out thin-air money to stimulate Meaningful Economic Activities.  The worst case is to write off some bad loans.  The best is tremendous increase in Meaningful Economic Activities.  Prosperity of the OBOR Nations boom.  China becomes the leading engine to drive the World Economy.

USA will surely try to derail the effort.  Their Think Tanks must be hard at work. The posts here neutralised their Forex arsenal.  They surely will come out with newer arsenal.  Do you think China can win against the US Think Tanks?

China learned that once a Nation can define and implement its meaningful economic activities, the living standards of its citizens will increase.  After the 2008 World Financial Crisis, Wall Street lost its image of invincibility.  Many Chinese asked: "What happened to the teachers? Should we still respect their teachings?"  When they examine the financial structures and rules set by the West, they saw many holes and traps.  The most obvious trap is the unregulated Forex Market.

China also learned that printing thin-air money to develop its own infrastructures had no bad effects.  China is asking and experimenting with the scenario - if China prints thin-air money, plans and builds infrastructures in (and with) other Nations, will there be bad effects?  Will the OBOR Nations get rich similar to China?  Will it be win-win? (Will it be a repeat of the HSBC experience with Hong Kong?)

The two best examples are Pakistan and Ethiopia.  However, both are in the non-money making infrastructure projects phase. How soon will they go to the money-making phase?  How fast can Ethiopia achieve food security?  How fast can Pakistan become a technology promoter and provider?  Many Western Nations, Multi-Nationals and Investors are watching and waiting.  They want to see the ground prepared before they participate.  That is normal.  Will that happen before 2019 - the second Belt and Road Forum?  If things move at the China speed, the prospects are good...  Hong Kong has a chance to play an important role.
   
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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.
   
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Quote from: ltseung888 on Today at 06:14:15 AM
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 based 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.
« Last Edit: 2017-07-03, 10:53:54 by ltseung888 »
   
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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.

2.       Arrange Mutual Credits with Pakistan and Ethiopia.

Pakistan and Ethiopia are two Nations already heavily involved in OBOR.  In particular, the Pakistan Consulate gave a seminar in June in Hong Kong together with the Maritime Silk Road Society.  Pakistan is interested in how China managed to develop so fast.

One of the things I mentioned was Mutual Credits.  Mutual Credits involves China giving X amount of RMB to Pakistan and Pakistan gives the equivalent amount in return.  With such an arrangement, no debt is involved. 

In the case of Hong Kong, the initial sum involved in Mutual Credits can be very small.  That sum may be used for Think Tank Personnel to visit, study the important aspects and develop some initial co-operation ideas. The initial sum can be HK$1m per month.  That will support 10 Pakistan personal to live and investigate the needed projects in Hong Kong.  The same arrangement can be made for  ten or more Hong Kong Think Tank Personal to spend time in Pakistan.  Pakistan is interested in turning the port of Gwadar into Hong Kong or Shenzhen.  There will be Special Economic Zones in and around Gwadar.  The two groups of Think Tank Personnel can help future projects - especially the money-making ones.

This arrangement "forces" Meaningful Economic Activities and thoughts from both sides.  If left to Hong Kong initiative, some money may be allocate to one group for a visit and not much may result.  Mutual Credits also stimulates China and all the OBOR Nations to rethink the question of debt.  (Islamic Nations do not like paying interests or accumulating debt.)

Ethiopia recovered from a war-torn and famine Nation to one of the fastest developing economies in the World.  It is still worried about food security.  Hong Kong can help to introduce modern agricultural methods and remote management.  Exchange of Think Tank Personnel will help both sides.  Plan together to achieve win-win.
« Last Edit: 2017-07-03, 10:58:54 by ltseung888 »
   
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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 Globalisation
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.

3.       Set up the Public Investor System.

One of the common complain from the youngsters of less wealthy families is the inability to earn money via investment.  They can all see that the rich is getting richer via investment.  The Public Investor program addresses this concern.

The Public Investor System involves two parts:

Part A is competition via dummy trading.  The dummy trading will ensure that the "investor" is knowledgeable.  The investment is not done on an emotional setting.  Any adult may participate in the competition.  The judging will be on both result and reasons for making the investment.  The scope and rules of the competition will be set up by the financial elite as they understand the financial market better than most citizens or government officials.

Part B is the actual allocating a portion of the Public Fund to the successful competitors.  If they were successful in the actual operation, they would return the capital and kept much of the profits.  It not successful, the loss would be treated as a learning exercise for all Citizens.

This will help Hong Kong to develop many top financial brains.  Some may apply Artificial Intelligence to the financial transactions. Technology, Technology and Technology.
   
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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.it
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.

4.       Promote Super Silicon Valley Mentality.

The Super Silicon Valley Mentality states that anything you intend to do is third class.  You will try to turn it to second or first class.  Some one may have a product or a policy suggestion.  You should view it as third class.  Rather than criticizing it, you should turn it into second or first class. 

If Political Parties take on this mentality, the policies for Hong Kong will get better and better.

The OBOR initiative may be good but it is only third class.  The posts here seek to turn it into second or first class.  Once the citizens have this mentality, Hong Kong and China will strive for the better in almost everything.  At present, China has more of such mentality than Hong Kong.

Hong Kong should let its many Brain Trusts or Think Tanks compete.  The Internet Forums are good tools.

Remember the five elements in the Super Silicon Valley Mentality.

a.  Everything is third class.  Turn it to second or first class.
b.  Either the problem cracks or we crack.
c.  We are the Gods.  We can make or change any rule.
d.  We do not hide our failures.  They are lessons for the World.
e.  Anything we do not know now, we shall know it by tomorrow via the Internet.
« Last Edit: 2017-07-08, 15:16:23 by ltseung888 »
   
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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.

5.       Take an active role in the OBOR initiative with Think Tanks and Test Projects.

At present, Hong Kong appears to take a "wait and see" attitude.  There are talks that Hong Kong can be a good middleman.  There is hardly any real action.  I believe the Hong Kong Government should do some Test Projects.  Get the Think Tanks inside and outside Government to make suggestions.  Stimulate them with funding support.

For example, Hong Kong Government can fund a competition for suggestions on a Test Project in Ethiopia to improve its food security via fish farming.  The Think Tanks should take on the Super Silicon Valley Mentality.  If there is something we do not know now, we shall know it by tomorrow via the Internet.  Through the Internet Forums, the right questions will be ra mised.  The necessary research can be done.  The experts can be contacted.  The plans can be drafted.  The Test Project can be remotely monitored.  Much High Tech can be used.  The fish can be exported to Hong Kong initially without worrying about the return on investment.  Just do it.

One possibility is to get the Maritime Silk Road Society or other interested organizations to "drive" it. 

The Chinese saying: "If you want to be rich, build a road first." Infrastructure building is just the first step. It is the following steps that will make a Nation rich. The next steps include - get the products to market; learn, apply and improve the technology; communicate and make money.  The average citizens understands "make money" best...
« Last Edit: 2017-07-03, 15:37:43 by ltseung888 »
   
Group: Moderator
Hero Member
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Posts: 931
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.

6.       Introduce the sure-win businesses in both inside and outside Hong Kong.

The normal goal of a business is to make money via business activities.  The activities may involve some initial capital, labor, purchasing of raw material, processing and marketing.  Governments can print thin-air money.  If the Government supports a particular business with money (thin-air or from actual reserve), the business is likely to make money.  We loosely call such a business as sure-win.

In the OBOR initiative, the Chinese Government and Government X agree to do an Infrastructure Project.  The selected Construction Company is likely to be sure-win. So long as it can do the job, it will get paid.  If it subcontracts Company B to provide food for its workers, Company B is likely to be sure-win also.

Some in the Government still think that the role of Government is to collect taxes, provide social services and maintain law and order.  They view any business initiative as NOT the role of the Government.  Any business initiative should be taken by the private sector.  Should that view be changed in the highly competitive World?

A Government should be rated on how much wealth it can create for its citizens; can it improve their standards of living; can it stimulate more technology and can it bring peace...
« Last Edit: 2017-07-03, 15:43:15 by ltseung888 »
   
Group: Moderator
Hero Member
*****

Posts: 931
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.

7.       Let the General Public know about Global War and true Globalization

Most of the citizens do not know that they are in the midst of a Global Economic War whether they like it or not.  The Global Economic War is not fought with guns or bombs.  It is difficult to tell who is foe and who is friend.  It is fought in the boardrooms, the news media, the movies, the restaurants, the retails stores, churches, academic institutions and every aspect of our daily lives.

Some Nations want to maintain their dominance.  They subtly preach survival of the fittest (telling the manufacturing Nations to pay their workers less); need to get foreign investors (who can print thin-air money); open the financial markets (so that the big fish can eat the small fish); trade in derivatives and Forex (gamble away the hard earned cash); implement democracy and human rights (causing political instability) etc.  Many Think Tanks and Elites got brainwashed to believing such are gospels.

The correct attitude is to treat all the above as third class.  Strive to make them second or first class.  Treat yourselves as Gods who can make or change any rule.  Re-examine every rule and every teaching.

The existing Globalization as taught by the West is free trade, open up your markets, compete globally, earn and save via exporting more than imports and learn from the successful West.

The new Globalization is - capital can be printed (it is never a scarce resource). It is technology, technology and technology that gave the West the prosperity. Printing money to build infrastructures is a Meaningful Economic Activity. A Nation must print thin-air money and circulate it appropriately for its citizens to get rich and narrow the gap between rich and poor. Globalization should be win-win.  Plan together, work together and enjoy the fruits together.

Knowledge and technology have the property that the more you give away, the more you will gain.  The high speed trains may be a brilliant technology now but a few decades or centuries from now, they will be museum pieces. The correct mindset now is that if a Nation wants to be rich and remain rich, it should help others get rich.
   
Group: Moderator
Hero Member
*****

Posts: 931
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.

8.       Get all Political Parties and Elites to discuss what are the Meaningful Economic Activities for Hong Kong?

Modern Wealth is no longer sheep, gold or numbers in the Banks.  Modern Wealth is the quality and quantity of Meaningful Economic Activities.  What was Meaningful may not be Meaningful now.  What is meaningful for one Nation may not be meaningful for another.  Governments and Think Tanks must continuously evaluate what is Meaningful.  Hong Kong needs to do the same.

Some stimulating thoughts are outlined:

1.  Is it Meaningful for Hong Kong to accelerate the building of Public Housing?  Would that help to narrow the gap between the rich and poor?

2.  Is it Meaningful for Hong Kong to implement Super Democracy?  Will that boost the confidence and capability of Hong Kong?

3.  Should Hong Kong initiated Mutual Credit Arrangements with Pakistan and Ethiopia?  Should Hong Kong emphasize the Arrangement is a no debt "experiment"?
 
4.  Should Hong Kong speed up the development of Lantau Island? Should the development plans be open to the Public, the Think Tanks and other interested parties internationally?

5.  Should Hong Kong encourage its youngsters to go outside Hong Kong?  What kind of support can we provide them?  Can the support effort be linked to the OBOR initiative?  Go out to improve the World.  Believe in yourselves.  Believe in Hong Kong.  Believe in China.  You are always welcome back in Hong Kong and China. We have the Capital, the knowledge and the Internet to support you.  Tell us the opportunities you discover and how we can provide you with the resources to succeed.

6.  What are the Meaningful Economic Activities that can be generated with the completion of the Zhuhai-Macau-Hong Kong Bridge?  With less expensive land prices in Zhuhai, what can be done there?  Conference Centers, Hotels, Retirement Homes, Entertainment Parks, High Tech Demo Centers, Financial Control Centers...

7.  Is it Meaningful for Hong Kong to develop a set of on-line courses covering Primary and Secondary schools?  Is it Meaningful to extend that to University and other higher education courses?  Will that enhance the Hong Kong Image as a knowledgeable society? Is it meaningful to cover controversial topics such as Global Economic War and Super Democracy?

8.  Is it Meaningful for Hong Kong to tell the Islamic Nations that Mutual Credit Arrangements are not loans.  There is no interest to be paid.  The money exchanged is to create more modern wealth.  It is win-win. 

9.  Is it Meaningful for Hong Kong to compare the two models for the World?  One model is that a Nation is already rich.  It has the knowledge and technology.  It easily has over-capacity.  It takes the path of slowing its own growth as more roads, bridges or electric power stations are not Meaningful.  It does not impart that knowledge and technology to Nations that need them.

10. Is it Meaningful for Hong Kong to help China to promote the other model?  Win-win. Plan together, work together and enjoy the fruits together.  Give away the technology, technology and technology.  Print thin-air RMB.  (The USD will automatically lose its dominance.)  If Capital and Technology are no longer scarce, a Developing Nation can march fast with its Five Year Plans.

11.  Is it Meaningful for Hong Kong to tell US to compete with Russia+China on helping Developing Nations rich?  USA and allies can immediately increase their Meaningful Economic Activities.  They can easily generate many more jobs, build more infrastructures in needed nations and help the World to be more prosperous.  If they beat the Russia+China camp, the World will rejoice together.  Win-win.
« Last Edit: 2017-07-03, 10:37:43 by ltseung888 »
   
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