OverUnity Research

The One Belt One Road Initiative is one of the hottest topics in China today.

Many Think Tank organizations presented their points of view. Some of these views are very forward thinking.

We shall post some of these views including our own.  We did a seminar try run on June 13, 2017 and got valuable feedback.

Two files are included here:

1. One Belt One Road Introduction
2. OROB3.PDF which is the presentation

Official Website:
https://eng.yidaiyilu.gov.cn/index.htm

First Slide and the notes/comments.

一帶一路和必賺行業的免費講座，是與各階層分享。内容可隋意使用和改進，不需為智識版權担心。

請參與網上討論。

Many of the concepts raised are controversial. This is deliberate to stimulate innovation and creativity. What can be done better than the present? The controversial thoughts include: Super Democracy, Super Silicon Valley Mentality, Mutual Credits, Ignore Market Forces in Forex Trading, to become rich and remaining rich by helping others rich, having 2 camps competing to get Developing Nations rich...

Thankyou for allowing dialogue on your bench Lawrence, it encourages and leads to peace.

One Belt One Road is something Everyman can support, with mutual respect.

Second Slide and Notes/Comments

前言

一帶一路（OBOR）是一個雙贏的策略。

資金（金錢）不是一個稀有資源，因為它可以被印刷出來。
    只要收受人接受和重視。
    只要它能購買商品和服務。
    它更可以用作結算和儲備貨幣。

一個國家的匯率可以通過自己的外匯交易所控制 。
    中國不需要使用其外匯儲備來保衛匯率。
    人民幣可以緩慢升值， 変相成為結算和儲備貨幣。

政府可為支持一個行業而印鈔， 這行業就可変成必勝(必賺)的行業。

China is adding a non-transparent, anti-periodic element into the fixing of RMB exchange rate. It effectively allows China to specify the rate at its discretion.
China is the biggest trading partner with many Nations. These Nations accept RMB as the trading currency. China also has currency swap agreements with these Nations. The exchange rate is pre-agreed.  USD is not needed in such transactions...

Will RMB become one of the default Settlement and Reserve Currencies in the future?

Third Slide and Notes/Comments

一帶一路

參與國家出於自願：
    中國不會干涉其他國家的內政。
    一帶一路是替中國和各國獲取經濟增長和声譽的引擎。

當一個國家想要富有和持續富有，最好的策略是幫助其他國家變得富有。

基礎設施項目是長期的，可能不會產生利潤（或投資回報)：
     政府參與至關重要、
     可把項目分成長期和短期、
     或非盈利和盈利。

鼓勵全球各國參與。

Not every project will succeed. But keep promoting the success stories. Discuss the failures and treat them as learning experiences.

One Belt One Road Infrastructures are the Engines of economic growth for many Nations. These Engines will pull many out of poverty...

Fourth Slide and Notes/Comments

OBOR背後的原因

國家外交的新模式--- 雙贏。

當中國成為世界第一的經濟體系時，它會改寫全球化。
         中國生產能力已過剩:
         中國已完成主要基建項目，
             已有醫院、電力、水務、住房、互聯網、農場、工廠等。
        在中國境內多建公路或高速鐵路意義不大。
        若削減基建， 會令職位流失和GDP放緩。

最好的方法是：使用中國的額外產能來惠及其他國家。

Historically, when Nations got richer and stronger, they went on the path of expanding their empires – conquering and enslaving other Nations. Nuclear Wars mean the end of civilization. A new way must be found.

The new way is to get rich and remain rich, help others to become rich...

Fifth Slide and Notes/Comments

資本（貨幣）來自哪裡？

貨幣可以無中玍有， 被印刷出來。

國家要全民富有、必須增加其貨幣供應。
國際社會作為一個全球性實體、也必須增加貨幣供應、使人類富裕。
    美國印制貨幣， 其實使其銀行或富人更富有。

中國為了支持一帶一路， 增加貨幣供應 、為世界創造更多有意義的經濟活動。               
     中國企業會接受人民幣， 在他國進行基建 。
     外國公司會做同樣的事嗎 ？

This is the most important concept. It is the War Weapon against Capitalism. Previously, a rich Nation claimed that a poorer Nation should create conditions to attract capital. He who has the gold rules. Now, he who has the technology rules.

Money can be printed. Knowledge and technology can be learned.

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

When I was young, I was told to get rich, I should go into one of the money making professions - doctor, lawyer or accountant. When I grew up, I found that the ones who made most money were the successful entrepreneurs. Bill Gates, Steve Jobs were the heroes.

Now, I do not need to worry about money. I realized that money can be printed. Those who can turn the printed money into Meaningful Economic Activities to benefit the masses are the new heroes. These new heroes are not a few names. They are a Group who work hard towards a common goal. They each contribute the best part of themselves. A bridge is not built by one engineer. The problems are not solved by one engineer. The high speed train improvements are from thousands...

Similarly, the economic problems will be solved via the efforts of many.  Germany, Japan showed that they could become prosperous after the heavy devastation after the Second World War. Singapore, Taiwan, Hong Kong, Korea showed that they could learn the technology, manufacture and export. China showed getting rich was not a dream. It just needed the right policy (State Capitalism) and stability to complete the many Five Year Plans.

The Meaningful Economic Activities are constantly being revised. The latest is - build the Infrastructures in other Nations to achieve win-win.

China showed getting rich was not a dream. It just needed the right policy (State Capitalism) and stability to complete the many Five Year Plans.

The Five Year Plans are turning into the many Infrastructure Projects associated with the One Belt One Road. The Five Year Plans are not just within China...

Clean energy is an example - Solar, Wind, Hydroelectric, Tidal and now Combustible Ice... China is going Nuclear against the trend in the West. Despite its dangers, Nuclear Power Stations are much cleaner than Coal. Better technology will make Nuclear Power Stations safer. Stability (longer than the typical Five Year Plans or Western Election period) is needed to complete such Nuclear Power Stations.

Sixth Slide and Notes/Comments

必赢(必賺)業務

當政府授予A公司建設道路時，A公司將收到金錢（假設A公司可以做這項工程 ）。
     A公司會変成必賺。

A公司给工人的餐飲業務予B公司，後者也會必賺。

政府基本上承擔所有的風險：
     洪水，地震，恐怖襲擊等。

政府可以通過印制金錢來維持有意義的經濟活動。I

In State Capitalism, much of the risk is taken by Governments. For example, in building a road in a Developing Nation, the Construction Company does not need to worry about not getting paid. The workers do not worry about not having food or health care. The Construction Company gets paid even if the project got cancelled because of political reasons.

One Taiwan Businessman commented: "The Mainland Chinese Companies have a much easier time than us. They are led by State Enterprises that built Roads, Power Stations, Dams, Internet etc. They have Governments negotiating on their behalf."

Some people did not like the term sure-win. They said that even if there were a 0.1% chance of failure, the project would not be regarded as sure-win. We accept such criticism. In my understanding of the Economic World, a success rate of over 99% will be regarded as sure-win. When the results are confirmed (such as a road, a bridge, a power station is completed), I would regard it as sure-win.

Some people still think that the Three Gorges Dam project is a failure or a potential failure. What do you think?

Seventh Slide and Notes/Comments

介紹一些新概念

我們的世界正在快速變化。

需要掌握許多新概念。

以下新概念可能看起來是混亂的：
         但是，如果你知道如何玩圍棋GO（AlphaGO擊敗人腦 ）
         每個概念都佔有一個策略位置。
         每個概念需要仔細消化。
         他們互相支持。

不要擔心，如果你無法在這個研討會上掌握它們。
        (它们会慢慢溶入。)
        一些概念在這個研討會上，可能甚至不被討論...

Keep the handout and review the concepts from time to time.

Rules made by man can always be changed by man. Many of these rules are biased towards the rule makers...

Eighth Slide and Notes/Comments

新概念： 超民主

愚蠢的民主是：
         一人一票。
        選舉一些不合格的人作為代表。
        許多代表破壞良好的政策，只是為了獲得知名度。
        許多好的政策被推翻，只因為它們被其他人通過。

超級民主是：
        先在(結構化的)互聯網論壇中詳細討論。
        仍然可以有代表。但他們的資格，將被充分暴露在互聯網上。
        投票人仍然可以經互聯網，決定重要的政策。

Understand the pitfalls of Democracy. Do not be blinded by the Western Propaganda.
Every idea is third class. Improve it to second or first class.

Democracy has been promoted by the West as the ultimate ideal political system. The West promoted one person one vote. The representatives do not need to be qualified. The assumption is that the voters will automatically select the best candidate. Reality in Hong Kong clearly showed that the assumption was false.

Previously, without Internet, we have to get the representative sitting together to make decisions. Now Internet has overcome the limitation of number of participants, space and time. Many of the key issues can be voted by the voters themselves. (Those who cannot use Internet can be helped similar to the blind voters with special arrangements.)

The issues can first be discussed via Structured Internet Forums. The first level may be open to all. The second level may contain only the useful comments and posters may be by invitation only. The third level may be funded to form the basis of potential Government Policies. There can still be representatives. But their qualifications will be demonstrated at the second level. Important issues can still be decided by all voters via the Internet with ease...

A small place like Singapore or Hong Kong can implement such Super Democracy first...

Ninth Slide and Nates/Comments

新概念 ：互富系統

富有的國家A與貧窮國家B有互相交換貨幣安排。

國家A給予國家B X數量的貨幣A。
國家B給予國家A 同等價值的貨幣B。

國家B使用貨幣A從國家A購買商品，服務或基礎設施。不需負債。

國家A使用貨幣B幫助國家B ，(通過特別經濟區)建設酒店，商場，旅遊景點，工廠等， 令國家 B變得富有。

假設是： 當國家 B變得富有時，資產將更有價值。

This is one of the most important Economic War Weapons. Any rich Nation can print money and pass on the knowledge and technology to get another Nation rich. Aim to achieve win-win.

Previously, the two camps competing were USA and USSR. Unfortunately, they were competing with the Cold War Mentality. The goal was to destroy the self confidence of the other camp and achieve absolute dominance. USA succeeded. But few developing Nations got rich. The aid given to African Nations has been labelled as "dead aid". It did more harm than good.

With Mutual Credits, China will use the Currency of Nation X to make Nation X rich. Many short-term, money making projects can be implemented. These include hotels, shopping malls, model farms, tourist attraction spots, factories etc. China is basically passing on its experience in building its wealth to Nation X.  Money is not a scarce resource. Knowledge and technology can be learned quickly. It is the will power and political stability that will allow Nation X to achieve its Five Year Plans. State Capitalism combines the best of State Planning and Private Entrepreneurship.

China does not mind taking over the role of printing RMB as a supplement to US dollar. The World cannot be richer if there were no increases in Currency. USA uses Banks and demands payback of principal and interests. There are many political strings attached to such loans.

China embarks on the new path - the printing of RMB plus the passing on the knowledge and technology will make Nation X rich. The printing of RMB already allows the Chinese Companies to generate more employment and increase GDP both in China and in Nation X. Even if there were political instability in Nation X and all infrastructures were destroyed, the effort is still worthwhile. There is no need to use Military Force to safeguard the overseas Chinese Interests! Imperialism is NOT necessary. There is no need to take on the role of World Policeman.  Just play the role of giving away thin air money and knowledge/technology. If properly managed, the more money and knowledge China gives away, the more China will gain...

Tenth Slide and Notes/Comments

新概念 ：關係銷售

西方國家推廣價低者得(成本最低的生產者可得合約)的概念。

發展中的國家被迫向工人減少工資，污染環境，試圖成為最低成本的生產者。

中國擁有較大的人口，
         願意按照這一遊戲規則，
         學習和改進技術，
         成為世界工廠。

關係銷售的特点 -- 中國希望國家X變得富有：
        可用較高價錢，買其產品。
        減少自己的生產（如牛奶）和從國家X購買。

Relationship selling is like supporting the restaurant of your friend. The food may not be that good. The price may be high. You still go and give improvement suggestions. Leave a larger tip rather than asking for a discount! Help your friend to become rich!

One of seniors who heard Relationship Selling objected strongly. He said: "This is against all Economic Principles. Relationship Selling makes the manufacturers lazy. They do not need to keep improving their products."

He is right. Thus, we have other concepts such as Super Silicon Valley Mentality to overcome such drawbacks.

*** Edit on June 17:

Within one Nation, many things are regarded as fair or as the responsibility of a Government. For example, in Xinjiang province of China, there are many minority races. Their development and wealth lag behind the rest of the Nation. Should the Government implement special policies to let them catch up? For example:

1. Should Government help them to turn part of their land into Tourist Attraction areas?
2. Should Government build three star hotels (or above) so that the minority races are exposed to modern facilities?
3. Should such hotels be turned into the property of the minority races so that they actually own or live in such modern facilities?
4. Should Government ensure that every minority household has minimum standard of living - electricity, running water, Internet, food, warm room, education and chance to progress upwards?
5. Should Government provide special scholarships for their capable students?
6. Should Government implement special Mutual Credits so that they can partner with one or more richer and more developed cities?
7. Should Government encourage the minority entrepreneurs with interest free loans and special training?
8. Should the minority races set up Think Tanks and propose special policies and projects?
9. Should the Think Tanks focus on promoting harmony?
10. Should Relationship Selling be promoted to enable the economy of the minority races to catch up faster?

Eleventh Slide and Notes/Comments

新概念 ：  超矽谷心態

1     一切都是三流 。我們努力使其成為二流或一流 。當我們把它傳給你時，你  應該把它當成三流 ，把它改成二流或一流 。
2     任何難題，交到我們手上，若我們沒有精神崩潰， 問題一定會被解決。
3     我們是神，我們可以改變和製定任何新的規則。
4     我們永遠不會隱藏我們的失敗經驗。他們是所有人的學習課程。
5     我們現在不知道的事，明天我們將會通過互聯網知道。

This Super Silicon Valley Mentally is totally different from the Humble Attitude preached by the traditional Chinese Philosophers. In the Modern, Competitive World, opportunity goes to the ones who are not afraid to stand up.

Think about going for a job interview. If you are not outstanding and out spoken, you do not get the job.

The One Belt One Road Initiative is the chance for China to be out spoken and be outstanding. If China focuses on the many real infrastructure projects, there is little chance of failure. These infrastructure projects can be seen and the benefits will be felt by the Citizens and tourists...

Twelfth Slide and Notes/Comments

新概念 ：   框框外的思考

智囊團是以質量、而不是數量來衡量的。

一位頂尖的智囊，可以打敗(超越)數以百計的普通智囊 。

任何想法都是三流。 一定要把它提升到二流或一流。

世界正在快速變化：
         例如化石燃料（天然氣和石油）以往是至高無上的，各國都想擁有。
         來自美國的頁岩氣技術改變了這景像。
         來自日本和中國的可燃冰技術可能成為下一個革命。

不要輕率地駁回一個瘋狂的想法，讓它在互聯網上討論（人工智能、飛碟、 免費能源等等。)

Think about Cities with no traffic jams; tidal waves as energy sources; green houses in deserts with no pests; solar panel houses to provide cooling etc.ar

Crazy ideas are often out-of-the-box.

RMB replacing the US dollar as the World Settlement and Reserve Currency?

Providing money and knowledge to help another Nation rich?

Singapore or Hong Kong to implement Super Democracy first?

Two camps competing to get Developing Nations rich?

Thirteenth Slide and Notes/Comments:

新概念 ： 有系統的腦振盪

1. 介紹主題。
2. 提案者提出建議。
3. 在第一輪交換意見時，支持提案者。
4. 提案者總結。
5. 在第一輪交換意見時，所有人都考慮到建議中的缺点和陷阱。
6. 提案者總結。
7. 繼續使用互聯網論壇。

Many Companies use unstructured brainstorming and failed. In most Companies, participants will see who is the speaker or proposer. If the speaker is the Boss, he will get more support. That often defeats the purpose of brainstorming when a new approach may be needed.

Systematic Brainstorming tries to encourage and support the speaker first. Do not pour cold water before the idea is properly investigated.

Fourteenth Slide and Notes/Comments

新概念 ：   培植公幣投資者，掌握金融遊戲。

不僅富人可以在市埸投資。

有興趣的公眾可以使用假貨幣，在模擬財務市埸上競爭。
         選拔標準、將是以他們交易的策略，理由，
         及獲得的結果。

獲獎者將贏得真正的資金，代表公眾投資。
         如果在指定時間內成功，他們將退返資本並保有利潤。
         如果不成功，經驗會記錄在案，作為教訓個案。

讓所有人都有機會學習。掌握金融遊戲。

When a Nation gets rich, much of the wealth will be in the hands of Citizens. They will decide what to do with their money. One way is to invest (or use the money to create more money).  Unfortunately, not much formal education is devoted to this. Many citizens are like sheep to get slaughtered!

One way for the less privileged is to provide them with a ladder to climb up to the top of the wealth pyramid. Ways must be found to narrow the gap between the rich and poor to provide a more harmonious society. Even the poorest will have a minimum standard of comfortable living and the chance to move upwards...

Fifteenth Slide and Notes/Comments

新概念 ：   全球經濟戰

我們已經處於經濟戰爭之中，
         戰爭不是在戰場上，
         而是每天都在會議室、新聞媒體、互聯網、及金融市場上進行。

我們永遠不知道(不確定)誰是敵人，誰是朋友。

戰爭一個目的是：試圖摧毀他國對他自己制度的信心。

現在的規則是由西方制定的，有許多陷阱：
         例如最低成本的割喉戰、盲目追求投資的回報、及盲目追求民主自由等。 

蘇聯因為敗在經濟戰，而四分五裂了。

China must understand that it has found a good path that works for the present. Combine State Planning with Individual Entrepreneurship. Encourage Individuals to make money legally. Beat the Multi-Nationals with State Enterprises. (Just like the Multi-Nationals beat the dad and mum shops.)

Will China be beaten in the Global Economic War? Are its Think Tanks and Commanders up to the task? Have they got the Super Silicon Valley Mentality?

Sixteenth Slide and Notes/Comments

新概念：  新的全球化

以前，全球化意味著：放棄貿易壁壘，包括財務保障。自由競爭，成本最低的生產者勝利。

資本和技術（和工作）流向最低勞動成本國家X，
         國家x接受低工資，污染和學習技術，
         國家X接受來自富國印制的貨幣。

新的全球化意味著：
         如果一個國家想要富有，持續富有，就得幫助其他國家富有。
         不干涉別國政治。尋求雙贏。

Success stories are the most convincing. China itself is a big success story. Ethiopia is becoming a success story in Africa. The South Asian Nations are recreating the Asian Miracle again. (Will they be wiped out again by the Hedge Funds or Crocodiles?)
China should tell the story of how it lost one trillion USD reserve in 18 months via trading on the Forex Exchanges of other Nations. Do not hide failures. Let them be lessons to all.

Seventeenth Slide and Notes/Comments

新概念：   兩個陣營的競爭

一個陣營可以是美國等、另一個陣營可以是俄羅斯+中國等，
         競爭的目標是幫助發展中的國家富有。

指標可以是國內生產總值GDP，糧食安全，製造能力，創新，教育等。
        無論哪個陣營勝利，進程都將有助發展中的國家。

比武器競爭或經濟戰爭好得多了。

If this happens, the entire world will get developed within one generation. Will it happen?

Will China make it happen?

Will Individuals collectively make it happen?

Eighteenth Slide and Notes/Comments

新概念 ：  有意義的經濟活動

現代財富不再是牛，黄金。

現代財富甚至不是銀行賬戶的金錢數量。

一個國家的現代財富是有意義經濟活動（MEA）的質量和數量：
         MEA隨國家發展狀況的不同而轉變，
         在一國家有意義的活動在另一個國家可能是沒有意義的。
        有意義的活動，可能在不同時段変得沒有意義。

MEA需要不斷監察 ，完善和推廣。智囊團和政府應該帶領這些活動。

Is use of mobile phones to replace credit cards; access Internet; becoming trader etc. a Meaningful Economic Activity? Is turning minority race areas into tourist attractions and building five star hotels in such areas Meaningful Economic Activities? Is guaranteeing every citizen a minimum standard of living a Meaningful Economic Activity?

Nineteenth Slide and Notes/Comments

新概念 ：  建立自信

一個國家若想變得富有:
         如果它能對自己有自信。
         如果它實施的項目 ，取得成功。
         如果它可以幫助另一個國家， 在類似的項目取得成功。

一 帶 一 路 (OBOR)的倡議強調: 一起計劃、一起工作、共同享受成果。

埃塞俄比亞自己資助建成的大壩是一個很好的例子。

When an individual or a Nation has self-confidence, he will seek and create opportunities. China is showing that confidence in proposing one belt one road. China is telling the World that a win-win scenario is possible. There is no need to follow the historic path of Imperialism or Colonialism.

Self-Confidence can be built via many small successes. China is willing to go large scale as soon as it has mastered a technology. Big success can be built on top of small ones. The high speed train is a good example. I still remember riding on the slow train from Hong Kong to Beijing that took over 24 hours. We had to sleep overnight. The journey was tiring.

The Dam building is another example. There were much debate on the building of the Three Gorges Dam. After its successful completions, dozens of other dams have been completed with hardly any hesitation. Solar and Wind farms are everywhere.

Some engineers said, "Even if there were some failures, the effort is worthwhile. There is no point in arguing once the project has been approved.  We just pour in our best to accomplish the task." Self-Confidence is achieved by many, many small successes.

Hong Kong destroyed its self-confidence by allowing citizens to mount challenges after a project is approved.  Politicians and News Papers keep pouring cold water. The High Speed Train Link and the Hong Kong - Macau- Zhuhai Bridge were constantly attacked as White Elephant Projects.  Construction delays and over budget are the norm. Now there is corruption involving the USA Monitoring/Consulting Company - Jacobs.

The Hong Kong Government prided itself in subcontracting all work to "reputable" Companies. It does not need to master the technology like China. It acts like the oil rich Countries - pay and get the work done. That does not give the same confidence as mastering and improving on the technology. Will Hong Kong learn the lesson?

Twentieth Slide and Notes/Comments

香港參與的一種途徑

智囊交流：

香港政府與巴基斯坦建立互富系統，交換貨幣 。
        主要活動可以是智囊團交流。

巴基斯坦使用香港貨幣支持其智囊團人員 ，研究或調查香港的地鐵，貨櫃碼頭，機場，股票市場等。

香港利用巴基斯坦貨幣，研究或調查瓜德爾港內的，示範農場，商場，工廠，旅遊景點等的機遇。

Supporting Think Tanks is a good way to start. Almost all Nations will benefit.

Twenty-first Slide and Notes/Comments

總結：

一帶一路是一個双贏方案。

它以新模式重新定義世界秩序和結構。
        為了使一個國家變得富有和持續富有、最好的戰略是幫助其他國家富有。
        資本（金錢）不是稀有的資源。
        知識有一特徵、付出愈多、獲得愈多，

每一個國家都可以掌握和改進科技。

世界將再沒有殖民主義和帝國主義。

Always think "Win-win".

Twenty-second Slide and Notes/Comments

請參考以上網頁。

The one belt one road initiative will help to get all Nations Developed. Will the 2 camp competition happen?

Some who think one belt one road will fail.

http://www.scmp.com/week-asia/opinion/article/1999544/why-chinas-one-belt-one-road-plan-doomed-fail

Facing a deep slowdown after years of investment-fuelled growth that culminated in a huge property and stock market bubble, the leaders of Asia's largest economy come up with a cunning plan. By launching an initiative to fund and construct infrastructure projects across Asia, they will kill four birds with one stone.

1. They will generate enough demand abroad to keep their excess steel mills, cement plants and construction companies in business, so preserving jobs at home.

2. They will tie neighboring countries more closely into their own economic orbit, so enhancing both their hard and soft power around the region.

3. They will further their long term plan to promote their own currency as an international alternative to the US dollar. And to finance it all, they will set up a new multi-lateral infrastructure bank, which will undermine the influence of the existing Washington-based institutions, with all their tedious insistence on transparency and best practice, by making more "culturally sensitive" soft loans.

4. The result will be the regional hegemony they regard as their right as Asia's leading economic and political power.

*** Readers are encouraged to read the original article to get the views of the author.

Here, I shall present my point of view:

1.   China can generate as much demand as it desires if it implements Mutual Credits. The key element is – whether China can use the exchanged currency X to help Nation X rich.

2.   Almost every Developing Nation is looking at the China State Capitalism Model. Can anything be learned? Can anything be improved? Can any pitfalls be avoided? Is China really willing to provide the capital, the knowledge and technology without a repeat of Imperialism or Colonialism? Is China serious in win-win?

3.   China is becoming the number one economic power whether USA likes it or not. China is already the Factory of the World. China is already the number one trading partner with many Nations. The amount of trade will increase with the one belt one road projects.

If a Nation wants its Citizens to get rich, it must increase its Currency Supply appropriately. If there were no increase, one citizen's gain will be another citizen's loss. The World Community as One will follow the same principle. Someone must supply the money (from thin-air if needed) so that all Human Beings can get rich. USA has a chance to take on that role. But USA failed as it focused on conditional loans, private multinationals and Return on Investment. It prints money more to benefit its Banks and Rich Citizens.

China must increase the money supply (RMB) appropriately to benefit all Human Beings. One way to do it now is via building Infrastructures in Developing Nations.

4.   China will become the number one Economic Power by virtual of its population and success stories. The one belt one road projects aim to achieve win-win. Plan together, work together and enjoy the benefits together.

Such moral high grounds will alarm USA and threaten its dominance. It will try all means to prevent the one belt one road projects from succeeding. Some moves include negative reports, rumors, giving bribes to leaders or politicians of some Nations, stirring local Nationalism and going into regional wars.

Innovation

https://www.youtube.com/watch?v=3NgxhU8TycA#t=3025.601

我爱发明

The above is an example of simple inventions done by the ordinary folks. China is promoting such to stimulate the innovation spirit. This builds self-confidence.

https://www.youtube.com/watch?v=bSh4JXbaxLA&list=RDbSh4JXbaxLA#t=17

The above 50 videos show the scientific progress in China.

http://www.overunityresearch.com/index.php?topic=2100.0
Chapter 3 of the Book innovation.doc. That document has been downloaded over 1,000 times. The most important section is on "Blue Print for the Development of China in the 21st Century". That section was first written in 1985 for the nephew of an important Chinese Official. It was heavily circulated and revised within China and in Vietnam.  A short extract is reproduced here.

Blueprint for the Economic Development of China in the 21st Century

Introduction

The goal of this article is to provide a concrete plan for Chinese economic engineers to guide the country into the 21st century.  In this vein, we are approaching the topic from the point of view of an economic architect, and will first discuss broad concepts and visions and then outline the necessary steps for implementation.

The broad concepts are somewhat controversial.  They include:

1.   We must replace Win-Lose solutions with Win-Win solutions.  China cannot possibly follow the doctrine of "Survival of the Fittest" which worked for the West.  China must learn from the Asian Financial Crisis and drop the Win-Lose financial solutions of options, derivative and currency futures.  Otherwise years of hard work and sacrifice could be wiped out within weeks.

2.   Money is only a number in some Trusted Financial Institutions.  It can change from positive to negative valuation without any wrongdoing by the individual. We must view Modern Wealth as the Quality and Quantity of Meaningful Economic Activities.

3.   A Country such as China must increase its own money supply.  It cannot just earn it.   An individual or a small city-state such as Singapore or Hong  Kong can accumulate its wealth by the simple process of earning more and spending less.  A big country such as China cannot do that. A very modest goal of 50,000 yuan in savings per person translates to 50 trillion yuan or US $6 trillion.  Raising such money by simply exporting more than China imports would create an inconceivably huge trade imbalance.


The implementation steps are very powerful and they can be carried out simultaneously.  If they are carried out properly, China will become the wealthiest country in the world...

https://mp.weixin.qq.com/s/nrfz8ZuHnZXMVNhi2khK9A

The currency war in Chinese. The latest victim is South Africa. Moody downgraded China but China was able to fight back. The RMB exchange rate increased. China now openly claimed that such rating agencies are not trustworthy.

China lost one trillion USD of its foreign currency reserve from mid 2015 to end of 2016. The People's Bank of China stupidly Forex Traded to pop up the RMB exchange rate. The unregulated Forex Market is similar to Casinos. One group bet the exchange rate will go up and another group bet that the exchange rate will go down. Usually, the winner is the one with more money. The People's Bank of China thought that with four trillion USD reserve, it was the richer group. But the daily transaction volume of Forex exceeded five trillion USD.

The total Chinese Foreign Currency Reserve theoretically cannot last one day if all bets were against it. Now, it does not even play in such casinos. It specifies its own RMB exchange rate. The Hedge Funds or Crocodiles can do what they want in the unregulated Forex Exchanges. They can no longer drain the Reserve. All talks of RMB falling (breaking 1USD to 7RMB) and Chinese Economy going down are just ignored. The one belt one road projects help to keep the economy growing both within China and in the Developing Nations. China is learning to speak out against such rating agencies. China can take actual measures to control the RMB flowing in and out of China.

Wall street has lost its invincibility after the 2008 financial crisis. China, Russia and other Nations are forming their own rules. The Currency War Weapon is no longer effective against China. The rumor that the Chinese Economy will go downhill is false. China is in control of the GDP growth rate by doing more infrastructure projects with the one belt one road Nations.  Speculators cannot win in their Casinos if China does not play!

Chinese Companies, Individuals and Trading Partners will hold on to RMB as China can easily manipulate RMB to slowly appreciate. Holding RMB and earning higher interest with prospect of RMB appreciation will make RMB one of the default Settlement and Reserve Currencies. There is no need to gamble away the hard earned reserve in the West Setup Forex Casinos. Currency is for the trading of goods and services. Currency is not for speculation or gambling...

http://foreignpolicy.com/2017/01/09/chinas-new-silk-road-is-getting-muddy/

... China's business practices are already facing local pushback in several countries where its state-owned enterprises have built energy and infrastructure projects. Some firms have been accused of cutting corners, ignoring safety standards, using secondhand or low-quality materials and equipment, and building environmentally destructive projects, such as hydroelectric dams or coal-fired power plants. Complaints have come from Laos, Vietnam, and Cambodia regarding environmental damage and droughts from Chinese hydropower projects along the Mekong River; from Indonesia regarding an ill-fated, over-budget coal power plant and a failed high-speed rail project; and from Myanmar regarding Chinese firms clear-cutting forests.

Last month, dock workers at Hambantota port in Sri Lanka held the massive Japanese vehicle carrier Hyperion Highway and its crew hostage for several days after they were cut out of a 99-year lease agreement with the state-owned China Merchants Port Holdings Co. Meanwhile, in Venezuela's Bolívar state rioters looted hundreds of Chinese-owned businesses including shops, supermarkets, and warehouses. In Pakistan, workers on Chinese mining and construction projects have been attacked by Baloch rebels embroiled in separatist struggles with the government. Extensive squabbling among Pakistan's political parties, the military, and local community leaders continues to delay the implementation of numerous CPEC projects.

https://scroll.in/article/837601/is-india-trying-to-convince-the-world-chinas-one-belt-one-road-plan-is-secretly-colonial


*** The occurrence of some set backs is to be expected in a large project covering vast areas, diverse views and lasting many decades. The project is a win-win. Just push on and overcome all obstacles. China lost one trillion USD Foreign Currency Reserve in the Forex Trading Battle.  The announced one belt one road projects cost less than that. Money can be printed from thin-air. It does not matter if the Developing Nations cannot pay back the loan. (The better strategy is to use Mutual Credits that will not get any Nation into debt.) The new philosophy is that - if a Nation wants to be rich and remain rich, the best strategy is to help other Nations rich.

The graph showing how RMB was attacked by the Hedge Funds or Crocodiles and how to fight back.

1. The Forex Market is unregulated. There are many brokers or exchanges quoting different exchange rates. It is like many Casinos each giving different odds.
2. The brokers profit by the spread (difference between buy and sell prices) when customers buy and sell.
3. The Transaction is always in pairs. Customers can long (buy and then sell) or short (sell and then buy). The holding period is determined by the customer.
4. The Hedge Funds or Crocodiles attack the RMB by claiming that RMB will depreciate. They short. The People's Bank of China tried to defend by taking the opposite position - long. If China does not defend, the RMB exchange rate (USD/CNH) will depreciate in the many Forex Exchanges or Casinos.
5. If China defends or gambles in the US or UK Forex Casinos, it will have to use its Foreign Currency Reserve to settle if it loses.
6. China lost as the ganged up Hedge Funds had more money then China.
7. In the graph, the RMB exchange rate against the USD was 6.24 in Aug 2015. It was 6.90 at the end of 2016. The difference was 0.6600 or 6600 PIPs.
8. For an individual investor, if he invested USD 2K, the broker will loan him 200 times. He effectively traded with 400K. The gain for each PIP is around USD100. The resulting gain on 6600 PIP would be 660,000USD.
9. The Forex Exchange System is a zero sum game. If one gains, another one must lose. In this case, the loser is China. In the period from Aug 2015 to Dec 2016, China lost one trillion USD and the RMB exchange rate dropped from 6.24 to 6.90.
10. The rating agencies (Moody, Standard and Poor etc.) claimed that the exchange rate will drop to 7.0 and scared many RMB holders to exchange their RMB causing China to drain more of its Reserve.

The solution for China can be:

1. Forex Trade in its own Forex Exchange (Casino). Winning or losing makes no difference. The USD/CNH exchange rate will be quoted in the International Forex System. China only needs to dominate the exchange volume with massive transactions. The Crocodiles can play in their own Casinos and China does not need to drain its Reserve at all.

2. China specifies its own RMB exchange rate without playing in the Casinos! This is the tactics China uses at present.

3. China has Currency Swap agreements with many trading partners. The exchange rate is pre-determined. China can help such partners by helping them trade for no fee in the Chinese Forex Exchange Casinos! Thus the Currency War Weapon is no longer effective against China or its trading partners...

Went to the Seminar on "Pakistan - Belt and Road Development and Opportunities". The Main Speaker was Mr. Abdul Qadir Memon, Consul General of Pakistan in Hong Kong.

He showed a slide of Criticism of One Belt One Road. The four points were:

1. Suspicion of Imperialism and Colonialism.

2. Large Influx of Chinese Workers.

3. Debt Burden.

4. Infant Industry Competition.

The key arguments to overcome such criticisms are:

1. Suspicion of Imperialism and Colonialism are suspicions only. Examples and time will tell. So far, Pakistan sees completion of power plants, roads, railways and development of Gwadar Seaport. These are bringing real benefits to Pakistan.

2. Most Construction Workers are Pakistanis. The knowledge in infrastructure building is being passed on. Any settling of Chinese are limited to the Special Economic Zones. These SEZs are deliberate policies to attract and encourage foreign investment and talent.

3. The Debts carry low interests. It is expected that the increased wealth generated from more electricity, better irrigation, improved transport, more knowledge via the Internet and extra trade will be able to repay the debts. (There is always Mutual Credits as another solution).

4. There will always be competition in any Industry. In the SEZs, Foreign Companies are encouraged to set up factories and develop new Industries. Pakistan can learn faster with such factories actually operating in front of them. Learn, master and improve the technology, technology and technology. (Relationship Selling may offer a good solution.)

I have given copies of our seminar presentation material to both Pakistan Officials and the Maritime Silk Road Society. I shall set up meetings to provide more information and contact. Sow seeds. Win-Win.

The Mindset Changes that helped the Rise of China - Part 1

1.   In the 1980s, Lawrence Tseung had a chance to meet the nephew of Zung Yung Kai(朱鎔基). The Nephew said that China was poor and had to borrow money from the World Bank to build roads in China. Mr. Tseung said that China should print money to do the project. The cost in building the Road may be 1 billion dollars. Once the road is completed, China will have an asset of 1 billion dollars. The construction process will created many jobs and learning opportunities. China should focus on learning and mastering the road construction process.

2.   When China sent its first group of Computer Scientists to USA for training at Digital Equipment Corporation (DEC) in 1980, there were accompanying political advisors. The advisors saw a Taiwan Flag on the lobby in which DEC placed a local country flag on all places where DEC did businesses. The advisors requested that the Taiwan flag be removed otherwise the Chinese Engineers will forgo their training and China will not do business with DEC again. The request was rejected. The incident got hot and the Chinese Ambassador came. He went together with other Senior Chinese Officials to the lobby. He stared at the map and said: "I do not see any Taiwan Flag. Do you?" Suddenly the entire group of Chinese did not see any Taiwan Flag! (It was similar to the King's New Clothes that only the wise could see.) Now, political dogma plays a much lesser part in academic exchanges.

3.   China conveniently did not see the things that upset their development plans. For example, Shenzhen had many massage parlors to cater for the sexual needs of millions of migrant workers.  The law enforcement agencies often did not see that.  The same applied to polluting industries.

4.   The phrase "Look Forward" in Chinese has the same sound as "Look at Money". That became the motto since the 1980s. Forget Communism. Getting Rich is Glorious especially if it is done legally."

5.   The one child policy really helped at the appropriate time. I have seven brothers and sisters. My father was a medical doctor and he "conveniently did not know contraception". During the Second World War, having more babies potentially meant having more soldiers. That mental attitude totally changed. China must provide the best for its citizens. Fewer citizens means more resources to share...

More to follow.

The Mindset Changes that helped the Rise of China - Part 2

1.   Special Economic Zones(SEZ). Shenzhen is the shining example of success. In the 1980s, it was a small fishing town. Now it has over 10 million citizens and is known as the Silicon Valley of China. The Mindset Change is the Super Silicon Valley Mentality – everything existing (that we want to build) is third class. We have to improve it to second or first class. When we pass it to you, you should treat it as third class and improve it to second or first class. Use the SEZs to experiment.

2.   Cross the river by feeling the stones. Do not blindly copy the Soviet or the USA Model. China must find its own development path. The Tiananmen Square incident in 1998 was a mind awakener. The Students had patriotism and zeal but had no idea of how to govern. Letting them protest more would lead to riots similar to USSR. But that protest hammered in the need to improve economic conditions for all. China must increase its GDP at a fast pace to provide jobs and opportunities for its citizens.

3.   The Asian Financial Crisis in 1997. China watched in horror when the Asian Tigers and Nations collapsed under the Hedge Fund attacks from USA. The Asian Nations dropped their Financial Shark Prevention Nets and opened their financial markets. The USA Hedge Funds were able to manipulate the stock and currency markets of these Nations. Their hard earned Foreign Currency Reserve were drained in days and their economies collapsed. China realized such rules set up by the West were unfair and full of traps.

4.   Joining WTO in 2001. Before the joining of WTO, there were much discussion in China on whether China could compete against the West with vastly more capital and technology. Once the protection barriers were gone, China would be the victim. Reality proved otherwise. China learned much more from joining WTO. Foreign Companies did make huge profits using the cheap labor force of China. But China learned the technology, technology and technology. The Mindset was – Foreign Companies were encouraged to make money so long as they could teach China something. Win-win.

5.   The completion of the Three Gorges Dam in 2006. That gave China much confidence in its engineers. There were much skepticism from the West whether China could do such a big project. The new Mindset was – China could do many great things once China put its mind to it. Technology is no longer an obstacle.

More to follow.

The Mindset Changes that helped the Rise of China - Part 3

1.   The 2008 Beijing Olympics. The 2008 Olympics was the Celebration Party that China had graduated from poverty to relative prosperity. The athletes made every Chinese proud with their Gold Medal performances. Many Chinese looked up high and gave up the Inferiority Complex. The Economic Planners saw the successful completion of many Five Year Plans and confidently drafted the future Five Year Plans.

2.   The 2008 World Financial Crisis. The collapse of Lehman Brothers and the general loss of confidence of Wall Street raised many questions in China. Wall Street was supposed to be invincible. The rules they set are the Gospels. No Economists dare to challenge them. That attitude changed. Wall Street was no longer regarded in awe. China was asked to take on the role of reviving the World Economy. China printed the equivalent of over Four Trillion USD dollars on Infrastructure projects. China imported large quantities of oil, mineral resources and went on an investment spree unheard of in Human History. The Chinese Citizens saw hundreds of new roads, bridges, buildings, high speed trains. They supported the economic policies of the Government.

3.   The 2013 Silk Road Proposal. The infrastructure development was so fast in China that almost all the important, obvious projects were completed or on their way to completion. Many Western Economists predicted the inevitable economic slowdown. China must join the Developed Nations in low GDP growth. China had other thoughts. China realized that for the World Economy to grow, some Organization must pump out thin-air money to get the World rich. USA and the IMF were not doing a good job. China could take on the role of supplying thin-air capital and the knowledge to build infrastructures.

4.   Loss of one trillion USD Foreign Currency Reserve from mid-2015 to end of 2016. China stupidly listened to some Western Economists and thought that the RMB could become one of the default Settlement and Reserve Currencies. It participated in the Forex Trading with USD/CNH pair in the Foreign Forex Exchanges (Casinos). The Western Economists somehow convinced the Peoples Bank of China that Four Trillion USD Dollar Reserve was too much. Using some to pop up the exchange rate of RMB was the right thing to do. China lost one Trillion and seek advice from all its Think Tanks and advisors. The answer turned out to be simple. Do not Forex Trade in the Foreign Forex Exchange Casinos. Just specify a non-transparent element in the defining of the RMB Exchange Rate.

5.   The May 2017 One Belt One Road Summit. China had the unexpected bonus of the new US President Trump who withdrew from TPP and the Paris Climate Agreements. President Trump wanted to pursue "America First" policy. The vacuum was filled in by China that defined the new Globalization as win-win, plan together, work together and enjoy the results together. The New Growth Engine of the World is clear – help the Developing Nations to become rich!

Quote from: ltseung888 on 2017.06.21, 05:05:41
The Mindset Changes that helped the Rise of China - Part 3
snip

5.   The May 2017 One Belt One Road Summit. China had the unexpected bonus of the new US President Trump who withdrew from TPP and the Paris Climate Agreements. President Trump wanted to pursue "America First" policy. The vacuum was filled in by China that defined the new Globalization as win-win, plan together, work together and enjoy the results together. The New Growth Engine of the World is clear – help the Developing Countries to become rich!

An excellent series Itseung, living next door to this monster we have long noted the Americon mantra of, "there is only one winner, everyone else is a loser"

So this could be a revelation in world affairs (if it is not already too late)

Ron

Quote from: Ronee
An excellent series Itseung, living next door to this monster we have long noted the Americon mantra of, "there is only one winner, everyone else is a loser"

So this could be a revelation in world affairs (if it is not already too late)

What is happening in Asia with the growth of the SCO is very
encouraging.  At last a real competitor for the corrupted and
fraudulent Rothschild Banking Dynasty and all of its offspring.

Who woulda ever thunk that the World might be saved by China
and Russia?  The U.S. is finally being exposed as Liar No. 1 and
Chief Supporter of Terrorism.

Quote from: ronee on 2017.06.21, 15:02:45
An excellent series Itseung, living next door to this monster we have long noted the Americon mantra of, "there is only one winner, everyone else is a loser"

So this could be a revelation in world affairs (if it is not already too late)Some

Ron

We have to be positive. Look at Slide Seventeen (Reply 19) of this thread. One way to have a safer and more prosperous world is the competition between two camps. USA and Allies in one camp. Russia+China and Allies in the other. The Competition is to help Developing Nations rich. USA can focus on the Nations in Central and South America. Russia+China can focus on the rest.

A Nation may join NO camp, EITHER camp or BOTH. It should look for win-win; plan together; work together and enjoy the results together.

Only recently (within the last ten years), China really mastered the technology of High Speed Railways; Internet; bringing electricity and clean water to every remote village; getting its minority races rich and willing to propose its own win-win rules.

The USA Camp mastered the above long ago. Why is it not bringing prosperity to every human being?

In Hong Kong, I learned that in the 1970s, the Hong Kong and Shanghai Bank (HSBC) gave loans generously. For example, a Developer wanted to develop a piece of land. HSBC was willing to give it "developer loans".  When the Development Plans were ready, the Government allowed the developer to sell the "to be built" homes to the General Public. HSBC was willing to provide loans and then mortgages. The money did not come from bank deposits. The money was from thin-air. Such a process allowed Hong Kong to develop to a prosperous and modern city. HSBC became one of the largest banks in the World with such thin-air money. China learned and some of its State Owned Banks became the richest in the World.

The World Bank and IMF could have done the same.  They could have used the thin-air money to help many Developing Nations and themselves rich.  They failed (reasons are debatable).

Now, China, Russia and other Nations are taking up the role of supplying thin-air money to get Developing Nations rich. China+Russia can provide the technology, technology and technology. (USA will try to avoid wars with Russia+China.) It is a matter for the Developing Nations to learn, master and improve so that they can be rich after some initial help.

Quote from: ltseung888 on 2017.06.22, 18:45:29
snip

The USA Camp mastered the above long ago. Why is it not bringing prosperity to every human being?

snip

The World Bank and IMF could have done the same.  They could have used the thin-air money to help many Developing Nations and themselves rich.  They failed (reasons are debatable).

Because the West has been taken over by the Rothschild/Black Nobility who are entirely negatively motivated

Ron

Quote from: ronee on 2017.06.23, 18:58:08
Because the West has been taken over by the Rothschild/Black Nobility who are entirely negatively motivated

Ron

Don't worry. Internet is here. Different and superior opinions have a chance.

Quote from: ltseung888 on 2017.06.24, 00:51:24
Don't worry. Internet is here. Different and superior opinions have a chance.

The dumb down has been very effective already. A recent UK study showed that 20% of the populace don't even know how to change a light bulb or boil an egg. 67% have no idea how to change a flat tire.

Plus the constant erosion of the internet, most people have no idea of what is the truth, where to look for it, or what it looks like even if it where to hit them.

The ideal learning situation is the family and a decent schooling experience. With the decent of education and the destruction of the family this early grounding has been removed. Instead the focus is on gay and transgender culture,

Ron

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?"

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?"

The Answer (Part 1)

1.   The most important event in the 1980s was the rise of Deng Xiaoping. "It does not matter whether a cat is white or black. So long as it catches mice, it is a good cat." This mindset change freed the Chinese Nation from the political dogma of the Mao era. Communism was no longer the guiding doctrine. "Cross the river by feeling the stones".

2.   The practical steps were the opening up to the West via the establishment of the Special Economic Zones (SEZs) and the sending of engineers and scholars to outside China for training. This group witnesses the wealth of the Western Society first hand. They realized much of the backwardness of China was due to the State Propaganda. The focus was on learning technology, technology, technology. Hong Kong factory owners were encouraged to make money using the cheap Chinese Labor. Shenzhen started to boom."

3.   One of the important concepts learned was that Money (Capital) is not a scarce resource. China must increase its money supply appropriately for its Citizens to become rich. Pumping out thin-air money via Infrastructure Building was a good Meaningful Economic Activity. The printing of over four trillion dollars in 2008 to help to solve the World Financial Crisis confirmed that concept.

4.   The mindset of the Citizens became "Look Forward to Money" that has the same sound as "Looking Forward". Many success stories encouraged the masses to use their brains. The creativity of the Nation was stimulated. Copying the success stories with Government support was the norm. Many sons and daughters of Senior Officials entered the Business arena. State Enterprises including Banks showed up in the Stock Markets. Entrepreneurs like Jack Ma were the new heroes.

5.   The one child policy freed many mothers to enter the work force. The scarce resource was shared amongst fewer citizens making everyone richer. Subsistence farming gave way to modern farming as many farmers seek higher paying jobs in Cities. Urbanization was achieved via the money motive. Many babies were left to the care of the grand parents. Workers relied on high technology such as computers, mobile phones and Internet to communicate with their parents and off-springs. The technology level of the masses rose at a fast pace.

Elaborating on the answers:

1.   The most important event in the 1980s was the rise of Deng Xiaoping. "It does not matter whether a cat is white or black. So long as it catches mice, it is a good cat." This mindset change freed the Chinese Nation from the political dogma of the Mao era. Communism was no longer the guiding doctrine. "Cross the river by feeling the stones".

Leadership is important.  Deng was frank. He did not have the plans nor the action items. He was willing to let the many Think Tanks propose policies. He told the Nation that experimentation was needed. Cross the river by feeling the stones. Be prepared to get wet and swim. The saving grace were the Special Economic Zones. Open up - but not the entire Nation. It worked.

Hong Kong factory owners were encouraged to make more money by moving their factories there. The first group of Computer Engineers trained at Digital Equipment Corporation went back.  They helped to train many University Students. Technology, technology and technology. Let the capable made money first. Others watched and learned. Once China learned to use the Computer, planning became science. Progress could be monitored and double checked. Even the simple McDonald food ordering system was regarded as high technology. It was improved to include webcams to determine the business operation of any branch from a central monitoring site. China no longer relied on the manual reporting of its Officials.

*** A Developing Nation should treat the China Model as Third Class. Use the Super Silicon Valley Mentality to turn it to Second or First Class. It took China some thrity years to develop from poverty to moderate prosperity. Should it take much less with modern day knowledge and technology???

What can be done now? Super Democracy? Systematic Brainstorming? Think outside the box? Special Economic Zones? Think Tank Exchanges? Mutual Credits?

Elaborating on the answers:

2.   The practical steps were the opening up to the West via the establishment of the Special Economic Zones (SEZs) and the sending of engineers and scholars to outside China for training. This group witnesses the wealth of the Western Society first hand. They realized much of the backwardness of China was due to the State Propaganda. The focus was on learning technology, technology, technology. Hong Kong factory owners were encouraged to make money using the cheap Chinese Labor. Shenzhen started to boom."

One of the improvements was that factories provided food and lodging for its workers. The wages were low but all the earnings were disposable income. Workers were able to save and sent the salaries back home. Many Western Companies moved their manufacturing to Shenzhen to take advantage of the low costs. China was able to learn and improve on the technology. China became the Factory of the World.

I had the actual experience of working for Fairchild Semiconductors in Hong Kong. My job was to document the improvement process after Fairchild moved their diode processing to Hong Kong. I found that the efficiency increased many thousand percent. The most labor intensive process was picking up chips via tiny vacuum pumps and placing them on metal plates for testing. The USA process required 20 workers for a few working days to prepare a batch of chips. The improvement was - no vacuum tubes. The diode chips were flipped with paper cards and laid nicely on the testing plates. The batch of chips could be done by one skilled female worker in about 3 hours. There were dozens of similar improvements.

Now, almost all the Apple I-phones are made in China. The Apple Management admitted that it was not possible to move the manufacturing back to USA. It was not only the low wages but the dexterity, skill and efficiency.  There are other Nations with lower wages...

*** A Developing Nation should examine whether it wants to be the lowest cost producer for some goods. Should it explore Relationship Selling? Should it attract tourists with its unique landscape, climate or culture? Should it turn some of the SEZs into International Zones? Should it encourage remote monitoring and control using Internet? Should it encourage International Franchises to show off (and learn)?

Elaborating on the answers:

3.   One of the important concepts learned was that Money (Capital) is not a scarce resource. China must increase its money supply appropriately for its Citizens to become rich. Pumping out thin-air money via Infrastructure Building was a good Meaningful Economic Activity. The printing of over four trillion dollars in 2008 to help to solve the World Financial Crisis confirmed that concept.

China exported more to USA than it imported. The difference went into the Foreign Currency Reserve. China used the Reserve to buy USA treasury bonds. Economists started to question the usefulness of a large reserve.  Some even claimed that it was modern slavery.

Can China use that Reserve to generate Meaningful Economic Activities for itself and for other Nations? Will the building of Infrastructures for other Nations help them to become rich?

*** A Developing Nation should seek financial stability. Should it have Mutual Credit agreements? Should it peg its currency rigidly to the US dollar or the RMB? Should it establish good financial controls to protect against the Hedge Funds or Crocodiles? Should it seek foreign investment? Should it develop its local industries with State Capital? What are the Infrastructures that will help? Can the Nation do such Infrastructures without outside help? What are the Meaningful Economic Activities for the Nation now?

Elaborating on the answers:

4.   The mindset of the Citizens became "Look Forward to Money" that has the same sound as "Looking Forward". Many success stories encouraged the masses to use their brains. The creativity of the Nation was stimulated. Copying the success stories with Government support was the norm. Many sons and daughters of Senior Officials entered the Business arena. State Enterprises including Banks showed up in the Stock Markets. Entrepreneurs like Jack Ma were the new heroes.

Trying to understand the concepts of Economic War, Currency Manipulation, Modern Wealth etc. is too much for the average citizen.

The simple statement - Make more Money - is far easier to grasp.

Officials are judged on whether they can make the citizens in their district richer! Can their living standards be increased? Will better roads, more high speed trains or bridges, better hospitals, higher speed Internet etc. help?  That mindset change of Officials made miracles...

*** A Developing Nation should think about letting some people get rich first as examples for others to copy and learn. How should this be done?  What is the role of Government Officials? Should they be judged on how well they can bring wealth to the citizens they are responsible for? Should the Officials think about how to link up with the One Belt One Road Initiative and take advantage of the opportunities offered by China? Win-win?

Elaborating on the answers:

5.   The one child policy freed many mothers to enter the work force. The scarce resource was shared amongst fewer citizens making everyone richer. Subsistence farming gave way to modern farming as many farmers seek higher paying jobs in Cities. Urbanization was achieved via the money motive. Many babies were left to the care of the grand parents. Workers relied on high technology such as computers, mobile phones and Internet to communicate with their parents and off-springs. The technology level of the masses rose at a fast pace.

One of the reasons proposed by the Colonial Powers was - we need to grab resources for our future generation. With a stable and even decreasing population, such an argument no longer holds.  There is no excuse to take over the land or resources of others. The alternative is to get every human being rich. This is achievable with abundant capital, technology, knowledge and production capability. Instead of cutting down on the production capacity with the inevitable loss of jobs and opportunity, the better strategy is the new Globalization. Win-win, plan together, work together and enjoy the results together.

There is no need for any Nation to go heavily into debt to pay for the Infrastructures. Mutual Credits can be used. China now have the capability of creating wealth for any Nation with their currency in their own soil. (USA could have done that but it chose to dominate.)

*** A Developing Nation should throw away the inferiority Complex passed down from the Colonial Era.  The West will keep suggesting or accusing China as harboring Imperialism and Colonialism intentions. Judge the facts. Ride on the High Speed Trains in Africa. Examine the projects - divide them into long term and short term; divide them into profit making and non-profit making. Think win-win.

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?"

The Answer (Part 2)

1. A Developing Nation should ask: "What is win-win for me? And what is win-win for the other side?"

2. China took 30 years or so to go from poor to moderate prosperity. Can we do it better and faster?

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

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

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

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),

1. A Developing Nation should ask: "What is win-win for me? And what is win-win for the other side?"

A Developing Nation may want to learn the technology of building the various Infrastructures. Just having the roads, power stations, bridges, dams or seaports built is not enough. The contract with China should state a learning or training element. May be only a few selected projects are targeted for training. A training project is expected to take much longer to complete. The win-win for the Developing Nation would include both the building of the Infrastructures and the mastering of the technology, technoloovgy and technology.

The win-win on the other side is likely to include:
1. Use of its over capacity.
2. Building of good will.
3. Financial gain from the projects in the Special Economic Zones.
4. Additional GDP growth.
5. More opportunity and self-confidence for its citizens.

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),

2. China took 30 years or so to go from poor to moderate prosperity. Can we do it better and faster?

The answer is an obvious YES. The Western parts of China lagged behind for many years. But once the policies of go west and one belt one road were decided, the development of the Western regions was in high gear. The catching up took a few years (some cities had growth rates of over 15%).

The key is convince the citizens that the projects are win-win. Make sure the change in government (if any) would not delay, suspend or cancel the projects. Plan together carefully and promote appropriately. Gain the support from all quarters. Identify the obstacles early. Work together with the Super Silicon Valley Mentality. Beat the China Speed and work as if there were no tomorrow. Enjoy the fruits together. Self-confidence will spring up.

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.

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.

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.

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

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.

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..."

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.

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???"

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."

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?

Quote from: ltseung888 on 2017.06.29, 18:20:40
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.

Quote from: ltseung888 on 2017.06.29, 21:26:49

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?)

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.")

Quote from: ltseung888 on 2017.06.30, 16:31:24
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?

Quote from: ltseung888 on 2017.06.30, 16:31:24
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...

Quote from: ltseung888 on 2017.07.01, 05:11:39
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.

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.

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.

Quote from: ltseung888 on 2017.07.02, 04:58:05
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.

Quote from: ltseung888 on 2017.07.02, 04:58:05
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.

Quote from: ltseung888 on 2017.07.02, 04:58:05
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.

Quote from: ltseung888 on 2017.07.02, 04:58:05
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...

Quote from: ltseung888 on 2017.07.02, 04:58:05
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...

Quote from: ltseung888 on 2017.07.02, 04:58:05
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.

Quote from: ltseung888 on 2017.07.02, 04:58:05
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.

Quote from: ltseung888 on 2017.07.02, 05:00:33
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.

Comments:

A.   Democracy is not working in Hong Kong.  Why should Super Democracy work in Hong Kong?  Freedom of speech became jeers and constant attacks on the Government undermining the self-confidence of Citizens and Government Officials.
 
B.   Who will read your posts?  Why don't you wait until you are the Chief Executive of Hong Kong before you post?  You are just wasting your time and our time?  Just step into your grave quietly like all the other old folks.

C.   Super Democracy frightens and threatens existing stake holders.  They will oppose it openly or subtly.  For example, the Rich and Powerful Developers would not like large scale implementation of Public Housing.  They will raise all kinds of difficulties in obtaining land; getting local villagers to oppose moving; saying country parks are sacred and telling the citizens that increasing property prices are signs of prosperity for Hong Kong.

D.   Super Democracy will be an experiment.  Most Hong Kong Government Officials have the attitude that they should just "do a good job".   Most politicians will see that as a threat to their power.  The news media will raise all types of criticisms.  External entities like the US will see it as your undermining their version of Democracy.  The idea will die with your death.

E.   Post it.  Send email to all who may be interested.  Sow seeds.  You may be lucky – some relatives of important Officials may pass it on.  Your posts on Forex Exchanges as Casinos is another good example.  China stopped gambling away its Reserve.

Quote from: ltseung888 on 2017.07.02, 08:29:52
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.

Comments:

A.   The general mood in Hong Kong is that the new generation (or youngsters) have less opportunities compared with the older generation.  The property prices have gone up so much that owning one's own home is an impossible dream.  There is too much competition within Hong Kong.  Few dared to venture outside.

B.    With modern technology, one can always monitor and control remotely.  For example, the food ordering system at McDonalds already allowed the management to find out the business operation of any branch in any location at any time.  Such a system can be adapted to most restaurants, retail stores and factories.  There are Special Economic Zones in Pakistan and Ethiopia suitable for such operations.  The Hong Kong Government can set up "test case" examples with Government Funding and help many big and small businesses to do such remote monitoring.

C.   One of the most innovative ideas is Mutual Credits.  In Mutual Credits, Nation A gives X amount of its Currency to Nation B and Nation B gives the equivalent of its Currency in return.  There is no debt involved.  If Nation A is wealthy and has much goods and services to sell, Nation B can use Currency A to buy.  Nation B may not have much to export but Nation A can use Currency B to develop the economy of Nation B (in the Special Economic Zones).  The private investors no longer focus only on the non-money making infrastructure projects.  They can plan on the money making ventures they are familiar with.  It is win-win.

D.   The first projects in the Mutual Credit Arrangement can be exchange of Think Tank Personnel.  These personnel will help to identify actual projects.  The money involved is small but the potential benefits are vast.

E.     The advantages of Government Funded "test cases" include less risk, higher prestige for Government Officials, better standards and models for the private sector to follow.  Hong Kong will not be sitting on a large number in the Banks.  That number is used to generate Meaningful Economic Activities for Hong Kong and the World.

Quote from: ltseung888 on 2017.07.02, 09:38:30
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.

Comments:

A.   Most investors are like sheep.  They just follow.  They can easily be fleeced or slaughtered.  Some even play with derivatives, options, futures and Forex.  Those financial instruments are closer to gambling in Casinos.  The rules are not as simple. However, these investors or gamblers are much wealthier than the average.  Losing a portion of the portfolio is not likely to affect their living standards.

B.   The Asian Financial Crisis should have taught the investors a lesson.  As some brokers said, "Most investors have short memory and they are driven by greed. History is likely to repeat itself."  Even top economists in China fell for the Forex Exchange Trap.  They thought that for the RMB to be a Global Currency, RMB needed to be traded in the International Forex Exchanges.  They did not treat the Western Financial Rules and Consultants as third class.  They did not improve such to second or first class.  They believed "market forces" were fair and gambled away one trillion USD worth of China's Foreign Currency Reserve.

C.   For Hong Kong to claim a place in the leading financial centers, Hong Kong must have a large number of knowledgeable consultants and investors.  These investors must be well trained.  They must know the basic Economic War Strategies.  They must have reviewed and understood the financial attacks on USSR, the Asian Countries and now China.  They must have played the what-if games thoroughly.  They should be taught the Artificial Intelligence techniques that eliminate emotional investing.

Quote from: ltseung888 on 2017.07.02, 12:21:31
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.

Comments:

A.   Super Silicon Valley Mentality was developed when the Computer Engineers needed to reverse engineer the products of others.  They had to take the mentality that any product could be improved.  Nothing was perfect.

B.   That mentality worked wonders for the Computer Industry.  New products came out and Companies had to constantly obsolete their own products.

C.   That mentality was then applied to other Industries.  China benefited from that mentality.  Instead of simply copying, Chinese Engineers treated everything as third class.  They learned, improved and re-invented.  The High Speed Train was a good example.

D.   Now that same mentality is applied to the political and financial arena.  Instead of repeating the Globalization words of the West, China has improved Globalization to win-win.  Plan together, work together and enjoy the fruits together.  If a Nation wants to become rich and remain rich, the best way is to help other Nations rich.

E.   Instead of listening to the Western Economists that the GDP growth of a Nation must slow down when it gets more developed, China improves the philosophy to developing Infrastructures for other Nations.  China can print thin-air RMB, teach the technology, technology and technology.  China does not need to slow down its GDP growth for a long time.

F.   There is no need to dominate.  There is no need to interfere in the affairs of other Nations.  Take it as a "business loss" if an infrastructure project is cancelled or destroyed by a change of Government or a political event.  The development pace of China is already the fastest in human history.  Let the results speak for themselves.

Quote from: ltseung888 on 2017.07.02, 16:04:52
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...

Comments:

A.    Remember State Capitalism.  It requires two hands to clap.  One hand is the State Planning. The other hand is private enterprise. The two must work together to produce the sound.  The best Nation that demonstrates the power of State Capitalism is actually Singapore. It is non-corrupt and it has a stable government. 

B.   China is taking that model one step further.  Everything is third class.  Turn it to second or first class. China is using its large market to generate the necessary momentum. China learns a technology and immediately spreads it to multiple organizations. China appreciates that knowledge and technology have the property that the more you give away, the more you will gain. The high speed train technology may be brilliant now but a few decades later, it will be museum technology. 

C.   Hong Kong must take action on the OBOR initiative. Talk is cheap. Think win-win. Hong Kong has good universities. Hong Kong has seen its own fast pace of development – from living in huts on the hillside to having the most expensive apartments in the World. It will not take long for the Hong Kong elites and think tanks to develop the Super Silicon Valley Mentality.

D.   Hong Kong can develop Super Democracy to show the World first. If that is achieved, the self-confidence of Hong Kong Citizens will grow.  The Developing Nations will be willing to plan together, work together and enjoy the results together. Hong Kong and Singapore have the advantage that they are small and will never post a military threat to any Nation.

E.   Hong Kong can gets its elites and think tanks to think out "test projects". Hong Kong can use Internet technology to monitor the progress of such projects. Hong Kong can also invite Developing Nations to set up their test projects in Hong Kong. They can also use remote monitoring mechanisms. Pakistan is very advanced in Information Technology...

F.   Hong Kong may not be able to take on an OBOR project on its own.  But it can partner with some other Nation that can do it. For example, Hong Kong may want to do a cattle farm project in Ethiopia but there are no experts in Hong Kong in this field.  Hong Kong can partner with Australia (as an example) to do the project. Hong Kong can provide the capital, the remote monitoring and the market.  That will create greater World Harmony.

Quote from: ltseung888 on 2017.07.02, 16:28:13
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...

Comments:

A.   When we first raised the concept of sure-win businesses, some people immediately objected.  They said that the concept is utter nonsense.  If there were such businesses, people would have jumped in long ago.

B.   We had to explain our definition of sure-win businesses.  In our definition, the party that ask for the business activity has the ability to pay.  The performing business entity can deliver the goods or services with proven records.  The sure-win business can be as small as a customer ordering a meal in a restaurant.  The Customer has money to pay (in most cases).  The cook can serve the food as stated in the menu (in most cases).  Meaningful Economic Activity is created and all parties are happy. Win-win.

C.   When we deal with long term infrastructure projects in a foreign, poor nation, there is a high probability that the project may fail due to political reasons or the inability of the poor nation to pay.  In the OBOR initiative, China essentially acts as the payment guarantor.  China has over 3 trillion USD worth of Foreign Currency Reserve. The signed OBOR projects amounted to less than 1 trillion.  (China lost 1 trillion gambling in Forex without significantly hurting its economic activities).

D.   In planning together, an OBOR project can usually be broken down into a long term infrastructure building part that is unlikely to be money-making. However, there are other parts such as building hotels, malls, residential apartments, restaurants, tourist attractions in the Special Economic Zones that are likely to be money making.  These projects will attract private investment.  The property prices will be bid up in no time.  Hong Kong has vast experience in such matters.

E.   If China and Nation X has a Mutual Credit Deal, Nation X may use the exchanged RMB to build the infrastructures.  China can use Currency X to develop the money-making or sure-win businesses in Nation X.  For example, China may partner with Hong Kong to build Hotels.  China and Hong Kong can then encourage its citizens to become tourists in Nation X and "subsidize" them with Currency X.  The meaningful economic activities between China, Hong Kong and Nation X will greatly increase.  Nation X is likely to become rich.  China and Hong Kong are likely to become richer. Win-win.

Quote from: ltseung888 on 2017.07.02, 23:45:24
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.

Comments:

A.   Most Hong Kong Citizens do not realize that we are already in the midst of a Global Economic War.  Some of the war strategies used by the West were even treated as Gospel by some citizens.  For example, when we mentioned the cut-throat strategy (when USA decided to give up a particular industry such as garments, it invested or passed the technology to a number of Developing Nations. Let these Nations compete and sell the garments at the lowest possible price – effectively cutting their own throat), some people claimed that it was business principle.

B.   When we gave the example of Hong Kong and Shanghai Bank (HSBC) loaning out thin-air money, some people accused us of lying and spreading rumors.  They accused us of not knowing the workings of the Banking System.  During the Second World War, Japan and China printed massive amount of thin-air money that led to disasters. Printing thin-air money must not be an option from any responsible government.

C.   Some insisted that any loan must be repaid.  The borrowers must have the means and plans to repay before they approach any bank or loaning institutions.  The concept that the lender will help the borrower to become rich is "foreign" to them.  They insist that such is NOT the responsibility of the lender.  A poor Nation must try to export more than it imports to accumulate the capital or to repay any loan.

D.   Some even objected to the statement – for a nation to be rich and remain rich, it should help others to get rich.  They said that the statement is against all historic data.  A Nation gets rich and remains rich via military might.  The moment a Nation loses that might, it will be replaced.

E.   We believe such thoughts in the Nuclear Age can lead to the end of Human Civilization.  Wars - global, regional, and economic – must be avoided at all costs.  They must be replaced by win-win.

Quote from: ltseung888 on 2017.07.03, 04:20:37
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.ve

Meaningful Economic Activities are evolving.  They never remain stationary.  Every technology advance, every political event and every scientific discovery will give rise to new Meaningful Economic Activities.  Modern Wealth is no longer sheep, gold or number in banks.  Modern Wealth is the quality and quantity of Meaningful Economic Activities.

The attached file puts the above point together in one place.

If I were Xi Jinping, I would:

1.   Tell the World that every human being on earth can enjoy a healthy standard of living.

2.   The Bell and Road Initiative is not about domination. It is the philosophy of – if a Nation wants to become rich and remain rich, it should help other Nations get rich.

3.   Many Nations including USA, Japan, Germany and now China have the technology, the knowledge and the capacity to help Developing Nations rich.

4.   USA, as the World's only Super Power, did not play that role.  Instead, USA chooses the path of Domination.  America First.

5.   The New Globalization is about win-win, plan together, work together and enjoy the fruits together.

6.   Within one generation, every human being on Earth will enjoy electricity, running water, adequate food, clothing, comfortable home, education, health care, employment, social services, communicate with each other and easy travelling to all parts of the World.

The above points will be elaborated in the following posts.

If I were Xi Jinping, I would:
1.   Tell the World that every human being on earth can enjoy a healthy standard of living.
2.   The Bell and Road Initiative is not about domination. It is the philosophy of – if a Nation wants to become rich and remain rich, it should help other Nations get rich.
3.   Many Nations including USA, Japan, Germany and now China have the technology, the knowledge and the capacity to help Developing Nations rich.
4.   USA, as the World's only Super Power, did not play that role.  Instead, USA chooses the path of Domination.  America First.
5.   The New Globalization is about win-win, plan together, work together and enjoy the fruits together.
6.   Within one generation, every human being on Earth will enjoy electricity, running water, adequate food, clothing, comfortable home, education, health care, employment, social services, communicate with each other and easy travelling to all parts of the World.

The above points will be elaborated in the following posts.

1.   Tell the World that every human being on earth can enjoy a healthy standard of living.

China has demonstrated to the World that it can pull itself from a poor Nation in the 1970s to a relatively prosperous Nation within one generation.  China is willing to share that secret.  There were also mistakes that can be lessons for all.  The main secret is learn, improve and re-invent technology, technology and technology.  Use State Capitalism - government works hand-in-hand with private enterprises.  Develop the Five Year Plans and execute them diligently.

Mistakes include pollution, ghost towns and unequal distribution of wealth.  These mistakes are being corrected. 

China has changed from a "have not" society to an "overcapacity" society within one generation.  China is willing to help all "have not" or Developing Nations to march into Developed Nations.  China does not want to interfere in the internal politics of any Nation.  China does not seek to impose its model on any Nation.  China will not seek any dominance.  China will not repeat the historic tragedies of Imperialism and Colonialism.

Every Chinese Citizen can now enjoy a healthy standard of living. He is guaranteed enough food, clothing, shelter, education and social welfare. The same can happen to any human being anywhere on this planet Earth.


2.    The Bell and Road Initiative is not about domination. It is the philosophy of – if a Nation wants to become rich and remain rich, it should help other Nations get rich.

China came back from a Century of humiliation.  The Chinese people suffered from opium, defeats in wars, internal conflicts and misguided cultural revolutions.  It took many five year plans.  It took many workers to endure long hours and low pay.  It took many engineers to learn, improve and re-invent.  It took many officials spending countless nights debating and re-examining policies.  Now the Chinese progress is for all to see.  China is becoming richer.  It wants to remain rich.  It is the second largest economy and is on the way to becoming the first.  For that to succeed, China must help other Developing Nations rich.

The logic is simple.  China has advanced to "overcapacity" in most fields – food, electrical appliances, internet commerce, cars, high speed trains and infrastructures.   The West reached that state many decades ago.  They could have imparted that knowledge and technology to help Developing Nations rich.  They chose to preach democracy, free trade and human rights.  They gave some aid and helped in subsistence farming.  They gave out charity donations.  They chose to cut back their overcapacity.

China is taking a different approach.  Many Developing Nations could use the over-produced steel, coal, machinery etc. to improve their standards of living.  China can use its overcapacity to help.  China understands that capital is never a scarce resource.  Money can be printed from thin-air.  It can be used to stimulate Meaningful Economic Activities.  What the Developing Nations lack are the knowledge and technology.  Learning needs the right mindset and time.  Fortunately, both knowledge and technology have the property that the more you give away, the more you will gain.  It is win-win for China to supply the thin-air RMB and the knowledge and technology to help Developing Nations rich.  China will get richer and safer in return.


3.   Many Nations including USA, Japan, Germany and now China have the technology, the knowledge and the capacity to help Developing Nations rich.

Many people have used the example that it is better to teach someone fishing than simply giving the person a fish.  Now China takes it one step further.  China looks at the big picture.  Is it better to go for fish farming?  What kind of technology is needed?  Is the water, climate etc. suitable?  Will there be additional Meaningful Economic Activity with fish processing?  Will there be a market?

The West took on the attitude that a Developing Nation should create the climate to attract foreign investment.  The foreign investors can provide the initial capital, the technology, and the marketing skills.  Let these investors make money and a win-win scenario will result.

Private Enterprises focus on return on investment or making money.  If the infrastructures such as electricity, roads, Internet communication were not available, the private enterprises will stay away.  It takes a Nation with vision to step in.  Making more money for a Nation such as USA or China is not very meaningful.  USA or China can just print the money.

The long term vision for China is to get rich and remain rich by helping other Developing Nations rich.  If that is achieved, China will be respected rather than cursed in history.  (Imperialism and Colonialism will be condemned.)


4.   USA, as the World's only Super Power, did not play that role.  Instead, USA chooses the path of Domination.  America First.

Different Nations have their rights to act differently.  China will act differently from the West.  The difference will be highlighted in the respect for all Nations whether they are Developed or Not.  China knows that any Nation can become Developed within a relatively short time if it shows willingness and determination.

China seeks win-win.  China is happy to plan together with any Nation.  A Nation has its own history, culture, religion and beliefs.  A Nation should plot its own path of development.  China is honored to act as a model and a consultant.

If a Nation does not want to carry massive debt, China will be able to accommodate with Mutual Credits.  The Nation can used the Exchanged RMB to build infrastructures or purchase other goods and services.  China will use the Exchanged Currency to create additional Meaningful Economic Activities in the Special Economic Zones using its experience.  Much more modern wealth will be created.  Win-win.  There is no need for China to dominate.



5.   The New Globalization is about win-win, plan together, work together and enjoy the fruits together.

The New Globalization seeks win-win for all Nations.  For example, a Developed Nation can partner with China to do infrastructure projects in a Developing Nation.  The excess production capability, the knowledge and the technology can be passed on.  The Asian Infrastructure Investment Bank (AIIB) has many Nations as members.  The AIIB can pump out thin-air capital and all member nations can participate in the resulting Meaningful Economic Activities.

There is no need to look up or to look down any Nation.  All humans can learn, master and improve technology. It is a matter of time and the right environment.  China hopes to bring the right environment to all with the help of others.

It is always easier to copy than to innovate.  China has created many modern cities in no time.  The models from early city planning to electricity, water, sewage, road, highways, residential buildings, Offices, malls, internet connections, industrial parks, recreational facilities, hospitals, police stations and schools are all available.  These models can be made available for Developing Nations to learn and improve.  One of the Special Economic Zones can be an "international model" inviting many Nations to participate.  With such models, Developing Nations can march at or exceed the China speed.


6.   Within one generation, every human being on Earth will enjoy electricity, running water, adequate food, clothing, comfortable home, education, health care, employment, social services, communicate with each other and easy travelling to all parts of the World.

China has walked the path from poverty to relative prosperity.  It is not a dream.  Any Nation can do it.  Just plan together – make sure the potential risks and hard work are well understood.  Work together – learn, master and re-invent the technology.  Enjoy the fruits together – capital, knowledge and technology are no long scarce commodities.  Use them well and create a more peaceful and prosperous world together.  Thank you.

Current Events Handling

July 12, 2017

If I were Xi Jinping, how would I handle the present border dispute with India?

China builds a road at its border.  If the relationship with the neighbor is good, the act will be viewed positively.  Comments will be that the trade between the two Nations will benefit.

If the relationship is tense, the same act will be seen as preparation for a regional war.

If I were Xi Jinping, I would suspend the project until the relationship is good again.  I shall use the above argument to convince the Chinese Citizens.

If I were Xi Jinping, how would I handle the present border dispute with India?

China builds a road at its border.  If the relationship with the neighbor is good, the act will be viewed positively.  Comments will be that the trade between the two Nations will benefit.

If the relationship is tense, the same act will be seen as preparation for a regional war.

If I were Xi Jinping, I would suspend the project until the relationship is good again.  I shall use the above argument to convince the Chinese Citizens. image

*** China is preaching win-win; plan together, work together and enjoy the fruits together.  Why engage in a regional war?  Even if the battles were won easily, it would be seen as a repeat of Imperialism and Colonialism.  USSR drained its resources in Afghanistan and lost its self-confidence.  Should that be a lesson?  China won in 1962 but India remembered it as humiliation.  Politicians could easily use that to stir anti-Chinese sentiments.  Sit at the negotiation table.  Let India win some face - suspend the road construction until the relationship between the two Nations improve.  The modern super-power does not rely on military might but on caring.  Develop win-win.

Quote from: ltseung888 on 2017.07.15, 22:54:58
If I were Xi Jinping, how would I handle the present border dispute with India?

China builds a road at its border.  If the relationship with the neighbor is good, the act will be viewed positively.  Comments will be that the trade between the two Nations will benefit.

If the relationship is tense, the same act will be seen as preparation for a regional war.

If I were Xi Jinping, I would suspend the project until the relationship is good again.  I shall use the above argument to convince the Chinese Citizens. image

*** China is preaching win-win; plan together, work together and enjoy the fruits together.  Why engage in a regional war?  Even if the battles were won easily, it would be seen as a repeat of Imperialism and Colonialism.  USSR drained its resources in Afghanistan and lost its self-confidence.  Should that be a lesson?  China won in 1962 but India remembered it as humiliation.  Politicians could easily use that to stir anti-Chinese sentiments.  Sit at the negotiation table.  Let India win some face - suspend the road construction until the relationship between the two Nations improve.  The modern super-power does not rely on military might but on caring.  Develop win-win.

The road construction is at Sikkim, Bhutan and China (see map). The particular area is not a disputed territory between China and India.  It may be a disputed area between China and Bhutan.

This area is of particular concern to India as it is close the narrow corridor between the two sides of India.  India claims that if a road were constructed (even on the Chinese side), it will post a threat to India.  China can easily attack or control the narrow corridor linking the two sides of India.

If the relationship is good, any road or rail construction will be seen as bringing benefits to Nepal, Bhutan, India, China and Bangladesh. 

If the relationship is tense (as now), India feels that it will put India into an inferior military position.  Thus it is trying to prevent or stop the construction of the road.  I do not believe India nor China want any regional or nuclear war.  Peace will benefit both sides.  But the press and the Internet posts are stirring "patriotic sentiments" especially in India.  It has started anti-Chinese emotions and disruption of trade between the two Nations.

As a think tank, I would advice putting the construction of the road on hold until the political climate turns in its favor.  Any war - even limited regional wars - will harm the image of China.  It will also drain resources away from the OBOR initiative.  The long term goal of Globalization is for all Nations to prosper in Peace.  Tourists are welcome everywhere especially at National Borders.

Comment:

Tseung, you do not really understand India.  The British ruled India for a long time.  When India was given independence, Britain used the Divide and Rule tactics.  Britain divided India into India and Pakistan. 

When China have good relationship with Pakistan, India sees that as preventing eventual unification of India.  It is like Japan and USA supporting Taiwan.  It is like some people claiming Tibet should be an independent Nation. They like to see a situation similar to the breaking up of USSR.

China should just focus on win-win.  Plan together, work together and enjoy the fruits together.  Put the historic, regional conflicts aside.  Bring prosperity to all.  It is now within the capability of China. Capital, knowledge and technology are no longer scarce.  Why waste time and energy on regional conflicts?

Beware of the Economic War weapons from the West.  China just solved the Exchange Rate problem.  The big fish eat small fish scenario in the financial market has not been solved... 

Quote from: ltseung888 on 2017.07.18, 22:18:40
Comment:

Tseung, you do not really understand India.  The British ruled India for a long time.  When India was given independence, Britain used the Divide and Rule tactics.  Britain divided India into India and Pakistan. 

When China have good relationship with Pakistan, India sees that as preventing eventual unification of India.  It is like Japan and USA supporting Taiwan.  It is like some people claiming Tibet should be an independent Nation. They like to see a situation similar to the breaking up of USSR.

China should just focus on win-win.  Plan together, work together and enjoy the fruits together.  Put the historic, regional conflicts aside.  Bring prosperity to all.  It is now within the capability of China. Capital, knowledge and technology are no longer scarce.  Why waste time and energy on regional conflicts?

Beware of the Economic War weapons from the West.  China just solved the Exchange Rate problem.  The big fish eat small fish scenario in the financial market has not been solved...

Thank you for reminding me.  India and Pakistan used to be one Nation. Their combined population exceed that of China.  Their top students and talents in IT is undoubted.  There is indeed a chance for them to take over the Number One Economic Nation sometime in the future.

Quote from: ltseung888 on 2017.07.19, 01:32:26
Thank you for reminding me.  India and Pakistan used to be one Nation. Their combined population exceed that of China.  Their top students and talents in IT is undoubted.  There is indeed a chance for them to take over the Number One Economic Nation sometime in the future.

Modern Wealth is the quality and quantity of Meaningful Economic Activities.  Both India and Pakistan need to have many infrastructures, more electricity for homes and industry, more roads and rails to speed up travel and many mobile phone to communicate.  These Meaningful Economic Activities will keep India and Pakistan busy for many years or decades.

They now know that capital is not scarce.  They have the basic knowledge and technology to build.  They need peace.  They need the Five Year Plans.  They need the innovative individuals to spot the many opportunities.  They need the many models to copy and improve.  They can go from "have not" to over capacity in most products and services.  It is technology, technology and technology.

Unfortunately, many politicians know that they can incite emotions to work in their favor via "patriotism".  All they need to do is to paint someone as an aggressor and they can have a wave of support.  That wave is likely to give them political positions.  Their shortcomings can be diverted or overlooked.  Sending some soldiers to disrupt the Chinese Road Construction may get the Chinese to over react and destroy the Chinese image of win-win; plan together; work together and enjoy the fruits together.   They can claim that the OBOR is a lie.  USA and Japan are happy to work with India to destroy the Chinese Image.  They want to prevent or slow down the rise of China.  They see the rise of China as a threat to their Dominance.

China must not over react.  The Chinese Think Tanks must show their worth now...

Comment:

When a Nation reaches over capacity, it has to cut back.  It has to slow down.

You are saying that China is using OBOR to export its over capacity.  That cannot last forever.  If all Nations have over capacity, what will happen?

*** That means all Nations will have reached a level of prosperity.  All humans have food security, electricity, running water, education, medical care, social services and entertainment.  All individuals can still enjoy a high standard of living even if we cut back on production.  We shall define new Meaningful Economic Activities then...

Quote from: ltseung888 on 2017.07.19, 23:22:27
Comment:

When a Nation reaches over capacity, it has to cut back.  It has to slow down.

You are saying that China is using OBOR to export its over capacity.  That cannot last forever.  If all Nations have over capacity, what will happen?

*** That means all Nations will have reached a level of prosperity.  All humans have food security, electricity, running water, education, medical care, social services and entertainment.  All individuals can still enjoy a high standard of living even if we cut back on production.  We shall define new Meaningful Economic Activities then...

The Meaningful Economic Activities for China and India at present is to resolve the border conflict.  Focus on economic development.  China can develop a model town at the high altitude as a tourist attraction with new technology and innovation.  For example, the model town can have multi-level traffic lanes within buildings eliminating traffic jams.  The buildings not only have air conditioning but also increased air pressure making it more comfortable to live and breath.

India can use its high tech promotional ability to rival the construction capability of China.  Plan together; work together and enjoy the fruits together.  Win-win.  Forget the history of Colonialism, 1962 wars and the border disputes.  If Pakistan and India want to unite as one country again, so much the better.  The final Globalization will enable all humans on Earth to enjoy prosperity, respect each other and tour every spot with harmony and happiness.

Capital, knowledge and technology are no longer scarce.  Just create the environment to apply them...

Quote from: ltseung888 on 2017.07.20, 22:02:20
The Meaningful Economic Activities for China and India at present is to resolve the border conflict.  Focus on economic development.  China can develop a model town at the high altitude as a tourist attraction with new technology and innovation.  For example, the model town can have multi-level traffic lanes within buildings eliminating traffic jams.  The buildings not only have air conditioning but also increased air pressure making it more comfortable to live and breath.

India can use its high tech promotional ability to rival the construction capability of China.  Plan together; work together and enjoy the fruits together.  Win-win.  Forget the history of Colonialism, 1962 wars and the border disputes.  If Pakistan and India want to unite as one country again, so much the better.  The final Globalization will enable all humans on Earth to enjoy prosperity, respect each other and tour every spot with harmony and happiness.

Capital, knowledge and technology are no longer scarce.  Just create the environment to apply them...

China and India can enter into a competition to build the best towns in high altitude.  Other Nations are welcome to join.  The competition can include transport, hotels, restaurants, malls, intelligent devices, sports competitions both indoors and outdoors, robots, Chess, Go and other intellectual games etc.  The first competition can be in 2025 and then repeat every few years.  This is much more Meaningful than regional wars or soldiers pushing each other in the open.  Win-win.

Will Nuclear Weapon Nations start wars?  Will the losing side use the Nuclear Weapons?  What are the reactions from other Nations that do not want to see the rise of these two Nations?

Will China and India be stupid enough to let the dispute escalate unchecked?  Will the Leaders "yield" to "Public Demands"?

http://www.news.com.au/world/asia/warnings-of-a-chance-of-war-between-india-and-china-as-nuclear-rivals-face-off/news-story/325ace8a2957aeb6a3634db44a4c12e9

In 1962, India had no nuclear weapons.  Now it has hundreds and the missiles to launch them.  "Teach them a lesson" will raise the possibility of someone pushing the "unthinkable" button.  (A being defeated general will push that button to commit suicide with the advancing enemy.)

https://www.youtube.com/watch?v=w0SP6cKz-m0n

The above one hour video gives a detailed analysis.  But the analysis ignored the long term Globalization - all humans will be able to enjoy prosperity and travel to all parts of the Earth in peace and friendship.  It is still biased in narrow nationalism.

Quote from: ltseung888 on 2017.07.20, 22:02:20
The Meaningful Economic Activities for China and India at present is to resolve the border conflict.  Focus on economic development.  China can develop a model town at the high altitude as a tourist attraction with new technology and innovation.  For example, the model town can have multi-level traffic lanes within buildings eliminating traffic jams.  The buildings not only have air conditioning but also increased air pressure making it more comfortable to live and breath.

India can use its high tech promotional ability to rival the construction capability of China.  Plan together; work together and enjoy the fruits together.  Win-win.  Forget the history of Colonialism, 1962 wars and the border disputes.  If Pakistan and India want to unite as one country again, so much the better.  The final Globalization will enable all humans on Earth to enjoy prosperity, respect each other and tour every spot with harmony and happiness.

Capital, knowledge and technology are no longer scarce.  Just create the environment to apply them...

China and India should not copy the energy wasteful model of USA.  Every family owning one or more cars will just cause more traffic jams, more pollution, more noise and creating a deteriorating environment.

Consider towns with no traffic jams.  A two level transportation arrangement will be a possible solution.  Cut the need to travel with Internet Commerce and Conferences.  Plan local communities with malls, hospitals, restaurants, entertainment centers, sports facilities.  Develop modern new towns with the latest technology.  There is no need for traditional telephone lines, schools or universities.  Modern storage, processing and prediction facilities will guarantee food security.  Re-examine jobs, factories and offices.  What is the best model?  Redefine the Meaningful Economic Activities for now and for the near future.

Renewable and new sources of energy is now available. Technology, technology and technology.   Do not stupidly destroy the prosperity with wars and misguided patriotism.

Comment:  Real reason on the present India China Border Conflict?

From an Indian Scholar.

"India is somewhat jealous of the One Belt One Road attention China is getting.  India just wants to show the World that China is not all good.  The intrusion and pushing by the unarmed Indian Soldiers is meant to provoke and test the reaction of China."

"As expected, the Chinese press and Internet users have warmonger reactions.  The Official Chinese Agency did not show the image of a Great, Peaceful Nation."

Tseung: "What is the best thing China can do?"

"As a top Diplomat or Think Tank, I would suggest that - China should openly ask India on its intentions nicely.  China could say that since the Indian Soldiers were unarmed, India does not war.  Just ask India to state its concerns openly in United Nations or any suitable setting.  Yelling, barking and pushing Indian Soldiers back is not the greatest diplomatic act."

Tseung: "The local commanders are not expected to be top diplomats.  Hopefully, this post will be read by top diplomats in Beijing."

Quote from: ltseung888 on 2017.07.24, 08:09:09
Comment:  Real reason on the present India China Border Conflict?

From an Indian Scholar.

"India is somewhat jealous of the One Belt One Road attention China is getting.  India just wants to show the World that China is not all good.  The intrusion and pushing by the unarmed Indian Soldiers is meant to provoke and test the reaction of China."

"As expected, the Chinese press and Internet users have warmonger reactions.  The Official Chinese Agency did not show the image of a Great, Peaceful Nation."

Tseung: "What is the best thing China can do?"

"As a top Diplomat or Think Tank, I would suggest that - China should openly ask India on its intentions nicely.  China could say that since the Indian Soldiers were unarmed, India does not war.  Just ask India to state its concerns openly in United Nations or any suitable setting.  Yelling, barking and pushing Indian Soldiers back is not the greatest diplomatic act."

Tseung: "The local commanders are not expected to be top diplomats.  Hopefully, this post will be read by top diplomats in Beijing."

Comments:

Keep posting positive energy suggestions.  USA, China and many Nations have paid staff reading and monitoring worthwhile posts on the Internet.  Have confidence that your posts are worthwhile.

https://www.youtube.com/watch?v=vpjVSzQDkuo
A background article on OBOR.

Quote from: ltseung888 on 2017.07.24, 08:09:09
Comment:  Real reason on the present India China Border Conflict?

From an Indian Scholar.

"India is somewhat jealous of the One Belt One Road attention China is getting.  India just wants to show the World that China is not all good.  The intrusion and pushing by the unarmed Indian Soldiers is meant to provoke and test the reaction of China."

"As expected, the Chinese press and Internet users have warmonger reactions.  The Official Chinese Agency did not show the image of a Great, Peaceful Nation."

Tseung: "What is the best thing China can do?"

"As a top Diplomat or Think Tank, I would suggest that - China should openly ask India on its intentions nicely.  China could say that since the Indian Soldiers were unarmed, India does not war.  Just ask India to state its concerns openly in United Nations or any suitable setting.  Yelling, barking and pushing Indian Soldiers back is not the greatest diplomatic act."

Tseung: "The local commanders are not expected to be top diplomats.  Hopefully, this post will be read by top diplomats in Beijing."

Indian Scholar: "India can have a faster GDP growth rate than China in the coming years."

Tseung: "How?"

Indian Scholar: "In 2008, China embarked on a massive Infrastructure project with thin-air money.  China used capital, knowledge and technology well.  India is learning that lesson.  The growth in India will not depend on exports or the World Market.  India can just build, build and build with the latest knowledge and technology.  India can print thin-air money too."

Tseung: "No Wars!"

*** Almost any Nation can use the above model.  Stimulate and increase the Meaningful Economic Activities with appropriate increases in thin-air money.  Learn, master and improve the technology, technology and technology.  Get the Citizens rich and improve their standards of living.  The OBOR projects will help - China is willing to pass out capital, knowledge and technology.

Quote from: ltseung888 on 2017.07.27, 04:18:59
Indian Scholar: "India can have a faster GDP growth rate than China in the coming years."

Tseung: "How?"

Indian Scholar: "In 2008, China embarked on a massive Infrastructure project with thin-air money.  China used capital, knowledge and technology well.  India is learning that lesson.  The growth in India will not depend on exports or the World Market.  India can just build, build and build with the latest knowledge and technology.  India can print thin-air money too."

Tseung: "No Wars!"

*** Almost any Nation can use the above model.  Stimulate and increase the Meaningful Economic Activities with appropriate increases in thin-air money.  Learn, master and improve the technology, technology and technology.  Get the Citizens rich and improve their standards of living.  The OBOR projects will help - China is willing to pass out capital, knowledge and technology.

Indian Scholar: "Just make sure the politicians are not corrupt and put the increased money in their own pockets.  Singapore is a good model to learn from.  Joining OBOR may mean a loss of face but political climates change like the weather."

Indian Scholar: "What does China gain in building a road to Bhutan now?  Can China wait and build the road when the relationship is better?"

Tseung: "I believe that China is over-excited with One Belt One Road.  It feels that improving the transportation to all its neighbors is a good thing.  It never considers itself as an aggressor.  It has no intention of attacking or conquering neighboring Nations.  But India thinks otherwise.  India still remembers the 1962 war."

Indian Scholar: "The act of some unarmed soldiers walking over the border, pushing and trying to stop the construction of a road is not serious in the eyes of Indians.  It is a strong way of telling the Chinese Government and the International Community that India feels threatened as the construction of the road is near the chicken neck (a sensitive strategic area) in India."

Tseung: "Is there any other way of showing that concern?"

Indian Scholar: "The cost of a few hundred unarmed soldiers crossing the border got International Publicity.  USA and Japan are more willing to assist and invest in India.  The Indian population is spurted on to be more united to build the Infrastructures.  The unarmed Indian Troops will withdraw.  The coming cold weather and snow is likely to cause a natural withdrawal.  The strategic objective of raising  International attention has been achieved."

Tseung: "It soured the relationship between India and China.  The anti-Chinese feeling is rising in India.  The Chinese Press and Internet users presented the incident as an invasion from India."

Indian Scholar: "In politics, there are no real friends nor enemies.  The politicians play the public opinion to their advantage.  The USA politics right now is more serious to the stability of the World."

Quote from: ltseung888 on 2017.07.30, 21:58:38
Indian Scholar: "What does China gain in building a road to Bhutan now?  Can China wait and build the road when the relationship is better?"

Tseung: "I believe that China is over-excited with One Belt One Road.  It feels that improving the transportation to all its neighbors is a good thing.  It never considers itself as an aggressor.  It has no intention of attacking or conquering neighboring Nations.  But India thinks otherwise.  India still remembers the 1962 war."

Indian Scholar: "The act of some unarmed soldiers walking over the border, pushing and trying to stop the construction of a road is not serious in the eyes of Indians.  It is a strong way of telling the Chinese Government and the International Community that India feels threatened as the construction of the road is near the chicken neck (a sensitive strategic area) in India."

Tseung: "Is there any other way of showing that concern?"

Indian Scholar: "The cost of a few hundred unarmed soldiers crossing the border got International Publicity.  USA and Japan are more willing to assist and invest in India.  The Indian population is spurted on to be more united to build the Infrastructures.  The unarmed Indian Troops will withdraw.  The coming cold weather and snow is likely to cause a natural withdrawal.  The strategic objective of raising  International attention has been achieved."

Tseung: "It soured the relationship between India and China.  The anti-Chinese feeling is rising in India.  The Chinese Press and Internet users presented the incident as an invasion from India."

Indian Scholar: "In politics, there are no real friends nor enemies.  The politicians play the public opinion to their advantage.  The USA politics right now is more serious to the stability of the World."

"In politics, there are no real friends nor enemies.  The politicians play the public opinion to their advantage."

Tseung: "The incident tests the skill of the Top Chinese Think Tanks.  How can they make everyone look good in an ugly incident?  My advice is to focus on eventual Globalization - every human being will be able to travel anywhere on Earth in peace and respect.  National Borders and Patriotism will fade.  All will enjoy prosperity and happiness."

Quote from: ltseung888 on 2017.07.30, 22:22:17
"In politics, there are no real friends nor enemies.  The politicians play the public opinion to their advantage."

Tseung: "The incident tests the skill of the Top Chinese Think Tanks.  How can they make everyone look good in an ugly incident?  My advice is to focus on eventual Globalization - every human being will be able to travel anywhere on Earth in peace and respect.  National Borders and Patriotism will fade.  All will enjoy prosperity and happiness."

What a top Think Tank can propose:

(1)  The goal for all humans is to enjoy a rising standard of living in peace and respect.
(2)  The ugly history of Imperialism and Colonialism must not be allowed to happen again.
(3)  The way to prevent the ugly history is for all Nations to seek win-win, plan together, work together and enjoy the results together.
(4)  There must be trust.  India need to trust that China does not want to invade India and take any part of Indian Territory.  China welcomes the eventual re-unification of Pakistan and India.  China will not be a road block in such events.  (China also wants eventual re-unification with Taiwan.)
(5)  The One Belt One Road Initiative is to let all Nations share knowledge and technology.  Imperialism and Colonialism happened because there was great disparity of knowledge and technology since 1600.  Capital, knowledge and technology are no longer scarce resources.  China is willing to share them with the World.
(6)  The way the West and USA to increase and maintain their wealth is via Domination.  USA takes on the role of World Policeman.  It uses the carrot and stick approach to keep the existing order that is in its favor. 
(7)  The OBOR initiative from China is - to increase and maintain its wealth, the way is to help other Nations to become wealthy.
(8)  There will be new concepts.  One is Super Democracy.  Stupid Democracy is one person one vote - electing representatives that may not be qualified.  Many political parties choose to object good policies hoping to discredit the Government so that they have a chance to govern.  Super Democracy uses the capability of the Internet to conduct structured forums to discuss issues thoroughly and gives all voters a chance to express their opinions or even vote on important policies with ease.
(9)  Another new concept is Mutual Credits.  Nation A gives X amount of its Currency A to Nation B.  Nation B gives the equivalent amount of its Currency B to Nation A.  Thus no debt is involved.  Nation B may be relatively poor.  It can use Currency A to buy products and services from Nation A.  Nation A can use Currency B to help Nation B become rich by building hotels, malls, tourist attraction centers, conference and exhibition facilities, model farms, model factories in the Special Economic Zones of Nation B.
(10)  Knowledge has the property that the more you give away, the more you will gain.  Nations can plan together (or individually) to put all primary and secondary school courses on Internet.  Some courses can be at University or Specialist levels.
(11)  Technology can be shared by having multiple Nations working on some selected projects.  For example, a Dam can be done as a learning and demonstration project.  Developing Nations wanting to learn such infrastructure projects are welcome to participate.  This can be done in China, in India or in Africa.
(12)  Capital is not a scarce resource.  Money can be created from thin-air.  It is just a matter of trust.  China is printing thin-air money to support the Infrastructure projects in other Nationnis.  If these other Nations can pay back, so much the better.  Even if they cannot pay back, much meaningful economic activities would have been created.  There will be actual infrastructures built to benefit the citizens of such Nations.  (China does not really suffer as that money comes from thin-air.  Many Nation will trust China and the OBOR initiative more.)
(13)  Modern Wealth is no long herd, gold or numbers in financial institutions.  Modern wealth is the quality and quantity of meaningful economic activities (MEA).  Such MEAs are different in different Nations and will be different at different times.  The Think Tanks should help to identify such MEAs.
(14)  India has demonstrated remarkable GDP growth.  Its GDP growth is faster than that of China now.  Efforts must focus on keeping the GDP growth on track.  Any diversion such as border conflicts, wars or disputes must be avoided.  The growth is real, material growth that Citizens and Tourists can feel and see.  (There is no need to go for thin-air gains such as derivatives.)
(15)  India and China must watch out for another type of war - economic war.  Such happened in the Asian Financial Crisis of 1997.  It almost happened again in 2017 with the rumored devaluation of the RMB (by the financial institutions of USA) and the stupidity of China playing in the unregulated Forex Exchanges.

Relationship Selling at its best?

One of the hottest topic in Asia right now is the salary that China is willing to pay for the Pilipino Maids.  The starting salary for a Pilipino Maid in Hong Kong is around HK$5,000.  China is rumored to pay HK$15,000 or three times that.

As a top think tank, we consider the following:

(1) Having Maids is a "luxury".  China is willing to pay a high price for luxury goods - watches, jewelry, wine etc.  Willing to pay a high price serves two purposes.  The first is appreciation of the quality.  The second is to show off the wealth.

(2) Some comments on the Internet focus on getting the best goods or services at the lowest price.  They claim that as the cardinal economic principle.  They may not have gone to super expensive restaurants.  An ordinary meal in an average restaurant that will satisfy one's hunger costs HK$40-50.  An average meal in a top restaurant costs HK$1,000 and up (not including wine). 

(3) It is difficult for the average person to understand the philosophy of - to become rich and remain rich, a Nation should help other Nations to become rich.  But seeing the Pilipino Maids getting a salary of HK$15,000 per month is easy to accept.  It is already hot news.  If it were reality (which is highly recommended), the average person in Asia and elsewhere will look to China as the Land of Opportunity.

(4) What will happen to the relationship between China and Philippines?  There will be no anti-Chinese feelings?  China treats such Maids as valuable helpers.  They may serve as English Teachers.  They may serve as a link to improving the relationship of the two Nations.  They may serve as an example of Relationship Selling.  (Not the lowest price wins.  But wanting the partner to become rich wins. Win-win at a high level.)

(5) The details of the Government Negotiations will start in September.  Paying HK$15,000 per month per Maid to generate good will is more effective than building a high speed rail.  The effect is almost immediate.  We believe China will be clever enough to do the right thing...

AN INNOVATIVE PROJECT

Quote from: ltseung888 on 2017.07.23, 16:40:41
China and India should not copy the energy wasteful model of USA.  Every family owning one or more cars will just cause more traffic jams, more pollution, more noise and creating a deteriorating environment.

Consider towns with no traffic jams.  A two level transportation arrangement will be a possible solution.  Cut the need to travel with Internet Commerce and Conferences.  Plan local communities with malls, hospitals, restaurants, entertainment centers, sports facilities.  Develop modern new towns with the latest technology.  There is no need for traditional telephone lines, schools or universities.  Modern storage, processing and prediction facilities will guarantee food security.  Re-examine jobs, factories and offices.  What is the best model?  Redefine the Meaningful Economic Activities for now and for the near future

Renewable and new sources of energy is now available. Technology, technology and technology.   Do not stupidly destroy the prosperity with wars and misguided patriotism.

Let us start with a town with no traffic jams.  Assume all buildings are connected.  Floor two has electric trains on rails that will zigzag in the North-South directions.  There will be many stops.  Floor three has electric trains on rails that will zigzag in the East-West directions.  Its stops will coincide with Floor two.  If a passenger wants to go to a particular stop, he can be lazy and just remain on either Floor two or Floor three to take the zigzag paths.

If the passenger wants to shorten the travel time, he can always go East-West first and then walk one level to travel North-South.  His total travel time will be one East-West leg, one walking up or down a floor, one waiting time for trains and one North-South leg.

Thus human and light load traffic will have no traffic jams at all.  The ground floor can carry heavy load traffic with the usual traffic lights.

China and India can compete on such innovative concepts. (Others are welcome to join in such competition.)  Other features such as temperature control, air pressure control, use of renewable energy, efficient town planning, and infrastructure setup can be added.  Compete on something positive rather than destructive conflicts or wars.

Or do like has been done in Colorado: Students just hang around campus stoned all the time in a welfare based economy.
We got it and it is sick.

Quote from: ltseung888 on 2017.08.02, 21:42:53
AN INNOVATIVE PROJECT

Let us start with a town with no traffic jams.  Assume all buildings are connected.  Floor two has electric trains on rails that will zigzag in the North-South directions.  There will be many stops.  Floor three has electric trains on rails that will zigzag in the East-West directions.  Its stops will coincide with Floor two.  If a passenger wants to go to a particular stop, he can be lazy and just remain on either Floor two or Floor three to take the zigzag paths.

If the passenger wants to shorten the travel time, he can always go East-West first and then walk one level to travel North-South.  His total travel time will be one East-West leg, one walking up or down a floor, one waiting time for trains and one North-South leg.

Thus human and light load traffic will have no traffic jams at all.  The ground floor can carry heavy load traffic with the usual traffic lights.

China and India can compete on such innovative concepts. (Others are welcome to join in such competition.)  Other features such as temperature control, air pressure control, use of renewable energy, efficient town planning, and infrastructure setup can be added.  Compete on something positive rather than destructive conflicts or wars.

Talk with a Pilipino Lady:

Tseung: "It is big news that China is negotiating to employ Pilipino Helpers for HK$15,000 per month.  That is three times the salary paid in Hong Kong."

Pilipino Lady: "Most people will wait before believing.  I am more interested in your no traffic jam city idea.  We have terrible traffic jams in Manila."

Tseung: "If traffic were really heavy, we can replace the zigzag with "to and back traffic" on each line.  That will need more trains."

Pilipino Lady: "Do you mind my sharing the idea with others?  I am sure some Pilipino City Planners will be interested."

Tseung: "Please do.  I am too old to implement such. There is still much to plan - such as what happens in emergencies; catering for the disabled; computer modelling etc.  Plan together."

Talk with an Australian Friend.

Tseung: "Do you have traffic jam problems in Australia?"

Friend: "We have much land and few citizens compared with China, India or the Asian Nations. Your separating North-South traffic and East-West traffic into two separate floors or levels is simple.  Australia does not need it.  We may discuss it in academic circles."

Tseung: "China, India and Asian Scholars used to examine the West and tried to copy their solutions.  The West has different problems.  Asians must think for themselves. Hong Kong is small but we can still have the best Think Tanks in the World.  With Internet, there is no limitation on space, time, number of participants and information.  Hong Kong Think Tanks can work out Meaningful Economic Activities for itself and for the rest of the World."

Friend: "Old folks like you can still Think in your wheel chairs. You do not need to compete in the rat race.  Great ideas often come when there is no day-to-day pressure to make a living."

(9)  Another new concept is Mutual Credits.  Nation A gives X amount of its Currency A to Nation B.  Nation B gives the equivalent amount of its Currency B to Nation A.  Thus no debt is involved.  Nation B may be relatively poor.  It can use Currency A to buy products and services from Nation A.  Nation A can use Currency B to help Nation B become rich by building hotels, malls, tourist attraction centers, conference and exhibition facilities, model farms, model factories in the Special Economic Zones of Nation B.

Comment from a retired Singapore Government Official.

Official: "Singapore Government is good in planning infrastructures and advancing policies to benefit the Citizens.  Just look at the Casino income.  Singapore is now behind Macau and ahead of Nevada.  Many Nations started their Casino industries but few are successful like Macaau and Singapore."

Tseung: "Many Casinos in Macau and Singapore are US based."

Official: "That requires political foresight and stability."

Tseung: "Can Singapore make  Nation X rich if Singapore owns a large amount of Currency X?"

Official: "It is a matter of using Currency X to stimulate Meaningful Economic Activities.  Singapore has the advantage that the politicians will not put Currency X into their own pockets.  They look for ways to increase X and put it into the pockets of the Citizens of Nation X."

Tseung: " Well said."

Honest government which truly serves the People in a
beneficial way is exceedingly rare.  Singapore is a
beautiful place - in all respects.  My first visit was in
1974.  I doubt that I'll be able to return but the
memories are  still vivid.  Singapore is wonderfully unique.

Quote from: muDped on 2017.08.06, 19:36:18
Honest government which truly serves the People in a
beneficial way is exceedingly rare.  Singapore is a
beautiful place - in all respects.  My first visit was in
1974.  I doubt that I'll be able to return but the
memories are  still vivid.  Singapore is wonderfully unique.

Honest Government is indeed a rare thing.  Most politicians try to benefit themselves.  Many people criticize Singapore for lacking freedom of speech and the One Party Rule.  That actually gives Singapore the long term political stability to achieve its miracles.

China copies Singapore in many ways - most notably State Capitalism.  Use the resources of the State to help Citizens to develop the economy.  The West complains that as unfair.  But how can mom and dad shops compete with Multi-nationals?

The truth is - Germany, Japan, Korea, Taiwan, Singapore, China - all used Government Power to help the Private Enterprises.

Unfortunately, many politicians found that they could easily become rich via printing money or working with enterprising individuals or companies.  It is difficult to be honest in front of riches, sexual pleasures, power etc.

Fortunately, Internet allows corrupt Officials to be easily identified.  If they or their relatives drive luxury cars, wear expensive watches, go on cruises etc., they will be spotted and the photos will be posted.  (What is the point of accumulating wealth if you cannot enjoy?)

Tseung: "Can Singapore make  Nation X rich if Singapore owns a large amount of Currency X?"

Official: "It is a matter of using Currency X to stimulate Meaningful Economic Activities.  Singapore has the advantage that the politicians will not put Currency X into their own pockets.  They look for ways to increase X and put it into the pockets of the Citizens of Nation X."

*** The success of the OBOR initiative and the philosophy of a Nation becoming rich and remaining rich by helping other Nations rich depends on knowledgeable and honest Officials.   Technology is easy to see especially in the form of roads, bridges, high speed rails, high rise buildings, e-commerce etc.

*** I would regard no traffic jams and saving many hours of travelling time on the MTR as putting money into my pocket.

Quote from: ltseung888 on 2017.08.06, 15:12:59
(9)  Another new concept is Mutual Credits.  Nation A gives X amount of its Currency A to Nation B.  Nation B gives the equivalent amount of its Currency B to Nation A.  Thus no debt is involved.  Nation B may be relatively poor.  It can use Currency A to buy products and services from Nation A.  Nation A can use Currency B to help Nation B become rich by building hotels, malls, tourist attraction centers, conference and exhibition facilities, model farms, model factories in the Special Economic Zones of Nation B.

Comment from a super rich person at the Hong Kong Jockey Club:

Rich man: "When you have enough money to buy all the luxuries, money loses its appeal.  You start to think whether people are nice to you because of your money.  You value the scientists, the artists and the athletes more."

Tseung: "Before a person reaches your stage, money can buy many necessities."

Rich man: "When China has excess capacity, building more infrastructures or printing more money within China will start to lose its appeal.  When I invest now, I do not consider return.  I consider factors such as the personality of the entrepreneurs, the innovative content, the good the investment will do to the environment and the benefits to the World more.  China, as a booming Nation, should be thinking along similar lines."

Tseung: "In other words, when China builds a Bridge in Nation X, China does not worry about return on investment.  Even if the bridge does not earn any money back, it does not matter.  China already wins in using its excess capacity.  China already wins with the image of good will and capability.  Nation X wins with a bridge that helps with its traffic problems.   Win-win."

Rich man: "If Nation X learns how to build a bridge in the process, so much the better"

Quote from: ltseung888 on 2017.08.06, 15:12:59
(9)  Another new concept is Mutual Credits.  Nation A gives X amount of its Currency A to Nation B.  Nation B gives the equivalent amount of its Currency B to Nation A.  Thus no debt is involved.  Nation B may be relatively poor.  It can use Currency A to buy products and services from Nation A.  Nation A can use Currency B to help Nation B become rich by building hotels, malls, tourist attraction centers, conference and exhibition facilities, model farms, model factories in the Special Economic Zones of Nation B.

Pilipino Lady: "I can cook well.  If there were investment, I do not mind opening a restaurant.  I cannot build any roads or infrastructures."

Tseung: "Different people have different talents.  I cannot cook.  My daughter thanks me but orders take-outs."

Pilipino Lady: "My friends think your posts are creative.  Your ideas will help Philippines.  We can look for happiness in this life and do not have to wait for Heaven."

Tseung: "USA can easily help any Nation X to become rich.  If it does not do it, China can take on that role."

Pilipino Lady: "I like your idea of two camps competing to get Developing Nations rich."

Quote from: ltseung888 on 2017.07.31, 18:55:33

(12)  Capital is not a scarce resource.  Money can be created from thin-air.  It is just a matter of trust.  China is printing thin-air money to support the Infrastructure projects in other Nationnis.  If these other   Nations can pay back, so much the better.  Even if they cannot pay back, much meaningful economic activities would have been created.  There will be actual infrastructures built to benefit the citizens of such Nations.  (China does not really suffer as that money comes from thin-air.  Many Nations will trust China and the OBOR initiative more.)

Pilipino Lady: "Any Nation will trust China more if it does not need to incur debt in building infrastructures."

Tseung: "If you get investment to open a restaurant chain in  Philippines from an Investor who does not care about return, will you be happy?"

Pilipino Lady: "My cooking will bring happiness to many.  It will be a profitable business."

Quote from: ltseung888 on August 08, 2017, 02:11:58 PM at overunity.com

At a Lawyer's Office:

Lawyer: "How would you safeguard Nation B from the currency attack by Nation A?"

Tseung: "The assumption is that Nation A wants Nation B to become rich."

Lawyer: "In our profession, we do not rely on intention.  We rely on black and white documents."

Tseung: "I believe good intentions and clear documents both have merit.  Clear documents remove much uncertainty and potential areas of conflict.  Good intentions provide the necessary trust to get things done."

Lawyer: "Nation B can write down in black and white on how Nation A uses its Currency B.  That will give us much work to do.  We can contribute significantly in this OROB initiative..."

*****

Banker: "I just do not believe China will build a road in Nation B without asking for a return.  I never give out loans if there is no guarantee for a return."

Lawyer: "Even if a father intends to give his money to his children, I still advise him to do proper legal documents.  That is why doing wills is a big part of our business."

Tseung: "China believes that in building infrastructures for Nation B, Nation B will become rich.  In addition, if China and Nation B do a Mutual Credit Arrangement, China can use Currency B to build up more wealth for both itself and Nation B."

Banker: "You pointed to the heart of the matter.  There is no guarantee that China can use Currency B to build up more wealth."

Lawyer: "Tseung defines Modern Wealth as the quality and quantity of Meaningful Economic Activities. In his definition, the activity of building infrastructures is already increasing Modern Wealth.  If China can use Currency B to create more Meaningful Economic Activities such as more restaurants, more shopping centers, more entertainment, nicer homes and better standard of living for Citizens in Nation B, that is regarded as increasing more Modern Wealth."

Banker: "Nation B does not need to pay back the loan in Nation A's currency (RMB).  With Mutual Credits, Nation B even does not owe any debt.  This is like a father giving money to his sons.  It is against human history.  Human history tells us that Nation A will conquer and take over Nation B at some stage of the game."

Tseung: "China is re-writing history.  China can use thin-air RMB, knowledge and technology to make every human being prosperous."

Lawyer: "India does not believe it.  India is sending some soldiers to provoke China by trying to stop the construction of a road.  India does not see that road as win-win.  So far, China does not show the act of great statesmanship.  China does not address the concerns of India but keeps issuing warnings to India threatening war."

Quote from: ltseung888 on 2017.08.08, 22:19:29

Tseung: "China is re-writing history.  China can use thin-air RMB, knowledge and technology to make every human being prosperous."

Lawyer: "India does not believe it.  India is sending some soldiers to provoke China by trying to stop the construction of a road.  India does not see that road as win-win.  So far, China does not show the act of great statesmanship.  China does not address the concerns of India but keeps issuing warnings to India threatening war."

A Great Statesman would:

1.  Ask India to raise its concerns in United Nations or any appropriate International settings.
2.  Re-state the goals of OBOR as win-win for all.
3.  Suspend the building of the Road until the relationship is better.
4.  Demonstrate that China can use the exchanged Currency B to create more Modern Wealth for Nation B and China.
5.  Create wealth with Pakistan and encourage Pakistan and India to overcome the outdated British Strategy of "Divide and Rule".  Encourage eventual re-unification.  (Just mention the possible re-unification of Taiwan.)
6.  Slowly but surely take over the position of Number One Economic Power replacing USA.  Tell India that some day, India+Pakistan may take that Number One spot.  Do it in a peaceful manner so that all human beings enjoy the benefits.

The stock prices of Alibaba and Tencent are soaring.  Are they creating a new paradigm?

Both Alibaba and Tencent have huge consumer and manufacture databases.  Many academics claim that the Data World has arrived.  The Organizations (Governments, Companies or Individuals) that own, control and analyze such data have incredible power.  For example, Alibaba is willing to loan money to suppliers and individuals because it can see their credit history from the transactions.  Alibaba has essentially taken on the Banking function.  Sooner  or later, Alibaba and Tencent will allow their customers to deposit money and earn interest in the Alibaba or Tencent Banks.  These Banks will overwhelm traditional Banks as most of the Meaningful Economic Activities will occur or be associated with such Banks.

Alibaba and Tencent Banks can loan money because of the Share Values of the parent companies.  They can easily raise money from Bonds.  They can easily help Companies to franchise especially along the One Belt One Road Nations.  With modern Internet technology, an Investor can monitor the on-line business activity of the restaurants, retail stores, hotels, entertainment centers etc.

It is a matter of trust.  Citizens had to trust paper money, then visa and master cards, now mobile phone transactions via the likes of Alibaba and Tencent.  Alibaba and Tencent can effectively issue their own thin-air money or credit to support any enterprise of their liking.  For example, they may support a special fast food chain specializing in Mongolia Cuisine.  They can use their customer base and marketing power to bring in customers.  They can show the on-line business activities to attract investors.

I would consider it as a new paradigm...  Hong Kong citizens used to trust Hong Kong and Shanghai Bank.  Now they trust Tencent. (They would have trusted Alibaba if Alibaba were listed in Hong Kong.)

China's foreign exchange reserves rose more than expected in July to a nine-month high as the yuan strengthened, but analysts said Beijing would keep its tight grip on capital outflows.

Reserves rose by US$24 billion during the month, to US$3.08 trillion, compared with an increase of US$3.2 billion in June.
July marked the first time since June 2014 that China's reserves had climbed for six months in a row, with the gains taking reserves to their highest level since October.

RMB will become a preferred reserve currency if this trend continues.  Individuals and Nations prefer to hold currency that appreciates in value and paying a higher interest.  No more gambling in the unregulated Forex Exchanges...

Quote from: ltseung888 on 2017.08.09, 22:48:33
China's foreign exchange reserves rose more than expected in July to a nine-month high as the yuan strengthened, but analysts said Beijing would keep its tight grip on capital outflows.

Reserves rose by US$24 billion during the month, to US$3.08 trillion, compared with an increase of nUS$3.2 billion in June.
July marked the first time since June 2014 that China's reserves had climbed for six months in a row, with the gains taking reserves to their highest level since October.

RMB will become a preferred reserve currency if this trend continues.  Individuals and Nations prefer to hold currency that appreciates in value and paying a higher interest.  No more gambling in the unregulated Forex Exchanges...

Banker: "Tseung, I think you are spreading false hope in emphasizing thin-air money.  Your point of China building Infrastructures in other Nations using thin-air money and not looking for a return is disturbing to me.  Many Nations will look forward to handouts.  They will not put in the necessary effort to make the projects work.  I have seen examples when fathers invest in the ventures of their sons.  The sons do not follow the discipline and best business practices.  When Nations or Politicians believe that they are getting a free lunch, they will not put in the effort."

Tseung: "Good point.  We need to plan together, work together and enjoy the fruits together.  You, the Bankers, will help to put in the necessary monitoring mechanisms.  The Internet Technologists will put in the on-line operational methods.  The academics will develop the models and experiments.  We, the Think Tanks, can dream.  The youngsters and entrepreneurs can turn the dreams into reality..."

White Elephant Projects.

In Hong Kong, one of the to-be-completed projects later this year is the Zhuhai-Macau-Hong Kong Bridge.  Some anti-Chinese Politicians call it an White Elephant Project.  They claim that travelling to Macau or Zhuhai by boat after arriving from the airport is around one to two hours.  Travelling by road is around 4 to 5 hours.  The Bridge will shorten that time to 30 - 45 minutes.  There is no question that much time can be saved.

The objection is the cost of the Bridge.  The ant-Chinese politicians claim that the return on investment from trolls or bus fares will never justify the investment.

I look forward to travelling on the Bridge.  I go fishing twice a week within Hong Kong.  One route is via three changes of buses that take an average of two hours.  The other route is via MTR and one bus route that take an average of one hour 15 minutes.  I believe the automatic reaction from most citizens is to take the second route. 

The initial cost of building the MTR is much higher than the bus routes.  Was that an White Elephant Project?

The Hong Kong Government recovered all initial costs of building the MTR via the Stock Market.  It still maintains majority share ownership.  Was it worthwhile?  Would the money be better used in staying in the Books?  Hong Kong has one of the largest Government Reserves in the World.

The next big project is the High Speed Rail Link to other Cities in China.  The anti-Chinese Politicians are against having China Immigration Checks within Hong Kong.  They advocate that all passengers should get off the train and do the Chinese Immigration Check in Shenzhen.  The stopping of the train, getting all passengers off the train to go through the Immigration Process and getting back on will easily add 45 minutes or more to the journey.  They claim that the project is a White Elephant to begin with.  They want to slow it down forever at the elephant pace.  That is International Stupidity in the most obvious... 

I never expect Hong Kong people to be that stupid. 

Hong Kong people learned their stupidity from USA?

Trump dismantled everything Obama. 

Strategy of China in the next 5 years:

1.   Complete the many Infrastructures in the Belt and Road Initiative with excellence.
2.   Introduce Mutual Credits to eliminate or reduce debts incurred by the Developing Nations.
3.   Use the exchanged currency B to make Nation B rich via profitable, short-term projects. 

4.   Develop Models from planning, constructing to completing. Get many Nations involved.
5.   Continue to do the monitoring via Internet using best on-line techniques.
6.   Separate the Projects into (a) long-term Infrastructure Projects that may have no financial returns.  Such Projects will be undertaken by Governments.  And (b) short-term profitable projects suitable for private investments.

7.   Provide Insurance and rescue projects that may have failed.  For example, some bridges may collapse.  Some oil pipes may crack.  Some electricity stations may catch fire.  Some dams may under-perform.  Some e-commerce sites may fail to deliver.

8.   Avoid war at all costs.  Focus on the eventual Globalization when all Human Beings can travel to, tour or work anywhere on Earth with respect and happiness.  Patriotism and National Boundaries will fade.

9.   Experiment with Super Democracy so that voters can participate early in policy making via structured internet forums and vote easily later in policy decisions.
10.   Get two camps to compete to help Developing Nations rich.  One camp can be headed by USA+Japan and allies.  Another Camp can be Russia+China and allies.
11.   Develop the Super Silicon Valley Mentality.  Everything is third class.  Develop it to second or first class.  Examine and change the many unfair financial rules.  Look out for the economic war situations such as those in the 1997 Asian Financial Crisis or the unregulated Forex Exchanges of today.

12.   Seek win-win in every situation.  Capital, knowledge and technology are no longer scarce commodities.  Any Nation can become prosperous within one generation.  Let them learn and define their own paths via the models and Internet.

13.   Use the over-capacity well.  Give the thin-air money, knowledge and technology generously to under-developed regions in China.  Ensure that the minority races have equal or better opportunities.  Expand to beyond the borders of China.  The One Belt One Road is just a start.  Once successful, extend it to Central or South America.  Do not worry about touching the backyards of other Nations.
14.  Do not stop until every Human Being on Earth has food security, comfortable home, education, medical care, social security and self-confidence.
15.  There is no need to actively seek the Leadership Role.  Nations will look at the success examples.  Encourage them to treat such examples as third class.  Copy, improve and innovate.  Continue to host the International One Belt One Road Conferences.  Put much more effort into the Internet Forums.

Thoughts on the White Supremacists

It looks like the evil thoughts of Colonialism and Imperialism have not gone away.   It is sad that our generation and most probably our future generations will still have to deal with them.  Let me recall my conversation with other University Students in the 1960s.

Student 1: "We are very tolerant now.  The fact that you are studying in our Universities and drinking beer with us shows that."

Student 2: "The World is still not equal.  Hong Kong is still a Colony.  The British Officials are paid much more."

Student 1: "The British are giving the Hong Kong Chinese - civilization, Christianity and Democracy.  They are training the locals how to govern.  They need to enjoy the same if not higher standard of living than in Britain.  Paying them higher is the proper thing to do."

Student 2: "The British sold opium and enjoyed that evil wealth."

Student 3: "Compared with the Red Indians, the Chinese were getting a good deal."

Student 4: "History is always a repeat – the more powerful dictates and imposes sufferings on others.  It is the degree of suffering.  The Romans crucified opposing races.  They called the opposing races savages and justify their own superiority via law and order.  Roman Citizens were superior."

Student 2: "USA is doing the same in Vietnam."

Student 5: "USA and USSR are in a cold war.  USA is telling other Nations that if you were in my camp, you will be safe and rich.  Even former enemies such as Germany, Japan, and Italy are given such opportunities.  North Vietnam should stop fighting and join the USA camp."

Student 6: "My Nation in Africa is also war-torn.  We got our independence but we are still very backward in education, industry and know-how."

Student 1: "It is a matter of IQ and the stage of development of the mind.   I am sorry to say that.  The White Race now dominates.  May be a more advanced race from space will dominate someday."

Learning technology

China used its cheap labor force, large market to attract foreign investors to pass knowledge and technology.

India tried to leapfrog with information technology.

Korea, both South and North, demonstrated their capability in mastering technology.

Ethiopia is moving along fast.  The West relied on the technological edge.  But technology can be learned especially with the Internet.

China is taking the active approach of win-win, pass on the knowledge and technology...

A Hong Kong Democratic Party Member claimed that he was kidnapped and tortured by "some people from Beijing".

The video cameras showed that he put on cap and sunglasses and walked away from the alleged kidnap site. 

Reaction from the Senior Center: "Politicians lie.  What is wrong with that?"

Can India have a faster pace of development than China?

1.  Can India develop the Super Silicon Valley Mentality and treat everything as third class?  Then strive to turn them into second or first class?
2.  Will India forget or bypass the unnecessary polluting Industries?
3.  Will India avoid wars?
4.  Will India develop the Five Year Plans and go for the good elements of State Capitalism?
5.  Will India be able to overcome corruption and adopt the Singapore Model?
6.  Will India be able to go for the cashless society with its advantages of efficiency and monitoring of use of funds?
7.  Will India be able to use the Internet for the best education and spread of "real" information?
8.  Will India be able to gear its production both for exports and internal consumption?
9.  Will India be able to become the lowest cost producer in some industries?
10. Will India be able to copy, improve and innovate faster than any other Nation on Earth?
11. Will India be able to go for Super Democracy first and unite the Nation better than all other Nations?
12. Will India be able to develop the self-confidence to say - "whatever you can do, I can do better!"?
13. The advantage of the West was due to technology, technology and technology.  Will India be able to overtake in technology, technology and technology?

What should be in a Special Economic Zone?

China used Special Economic Zones successfully.  China is helping to set up many Special Economic Zones in the One Belt One Road Nations.  What should be in a Special Economic Zone?


1.   Model Infrastructures such as electricity, water, sewage, garbage disposal, roads, railways, schools, malls, residential areas, recreational facilities, hospitals, retirement centers etc.  In other words, there must be excellent city planning right from the beginning.  The plans should cater for the local climate, culture and needs of Citizens, Foreign Workers and Tourists.
2.   Special Policies that may be different from other parts of the Nation.  The most obvious is the tax structure.  Governments plan to generate wealth via increased Meaningful Economic Activities and not tax revenues. 
3.   Possible "International Zones" within the Special Economic Zones.  These "International Zones" include restaurants, retail stores, exhibition halls, entertainment areas and business activity centers.  Special events such as celebrations on the National Days can be scheduled.
4.   Internet demonstration Centers that can monitor the businesses in the Special Economic Zones.  For example, the computer systems of a fast food restaurant can already monitor the on-line business transactions.  The same technology can be modified to retail stores, factories, amusement parks and hotels etc.
5.   E-commerce Centers.  There is no need for actual floor space for many businesses.  Many small and medium size businesses can be on-line.  Efficient International payment systems should be developed.  (China can help to set up RMB as the default settlement and reserve currency in such Special Economic Zones.)



6.   Mutual Credits.  China will accept much of the payment of Infrastructures with the currency of the OBOR Nations.  These Nations will not have much debt.  China can use their currency to build Modern Wealth for them.
7.   One of the key demonstrations is sure-win businesses.  When China holds a large quantity of Currency B, China can use that Currency B to generate sure-win businesses.  For example, China can set up an eatery with much of the overhead paid to the locals in Currency B.  The eatery will have many International Food Stalls managed by the many OBOR Nations.  These Stalls will focus on specialty food.
8.   Students in Hotel Management or Food Catering may be paid and work in such eatery for specified times.  Much effort will be paid to foster friendship and mutual respect.  The model can be expanded to other establishments including retail, factory, design, think tanks etc.
9.   The experience gained in the Special Economic Zones will be appropriately promoted.  When ready, the OROB conferences may be held at such Special Economic Zones.  Local Universities should have a department in the Special Economic Zones to give it an academic element.



10.   One of the elements to consider is the speculative element.  When one Special Economic Zones is successful, many investors will pour money into that and other Special Economic Zones.  For example, the Special Economic Zone of Shenzhen is spectacularly successful.  Much speculative money poured in.  The planners of the Special Economic Zones should make consideration for such Investors.  They will give most projects additional momentum. (Watch the bubbles.)
11.   Success stories of how different Individuals make their fortune.  Almost all the Chinese Entrepreneurs made their fortune within the last 30 years. Many new entrepreneurs will make their fortune in the Special Economic Zones in the coming decades.  Translate such stories into many different languages and use actors of many races.  One motivating story is Former US president Obama – a black person can become the president of USA. 
12.   Tie scientific and technological successes with motivating stories.  Tell the story of building the Three Gorges Dam.  Create a love story to arouse the emotions.  Promote the new Globalisation Spirit subtly – win-win, plan, work and enjoy the fruits together.  Promote racial harmony as much as possible.



13.   Use the Think Tanks well.  These Think Tanks can solve current problems.  For example, USA sees North Korea developing Nuclear Missile Capabilities as a problem.  North Korea sees such capabilities as long term security for the Nation.  Rather than waiting for the outcome, Think Tanks can propose their solution in movies and stories.  Another current event is the India-China Border Dispute.  This event has the funny side of soldiers pushing each other rather than shooting.  The solution stories should be educational and point to win-win.
14.   There should also be stories of mixed marriages, traditional customs and modern concept conflicts, religious harmonies and international joint ventures.  Promote the concept that technology can be learned, mastered and improved.  Technology and innovation do not depend on IQ.  Machines now have higher IQ than humans.
15.   Tourism and short-term work tours should be strongly encouraged.  Prepare the participants well.  Make sure the experiences are enjoyable and memorable.  Create opportunities for retired people to contribute – not via competition but via experience and kindness.
16.   Financial stories should be played out.  Take the example of printing thin-air money. The stories can cover the whole range of refusing to print, over-printing and printing appropriately.  The stories can also cover Currency Swaps, Mutual Credits and cashless societies.
17.   Financial stories of the Asian Financial Crisis in 1997, collapse of USSR in 1991, subtle attack on the RMB causing the loss of one trillion USD will also be educational.  Tell the story from both sides – the victors and the victims.  In addition, the Rise of Vietnam, Singapore, Thailand and many other Countries may be motivating stories.  There will be no shortage of topics.
18.   Many of the innovative solutions can be tried in the Special Economic Zones.  It does not matter if some projects fail.  Example of innovative solutions may include traffic jam free cities, cashless society, energy saving technologies, relationship selling, new biological and agricultural technologies.



19.   The management of the Special Economic Zones must have the Super Silicon Valley Mentality.  Everything is only third class.  It is our duty to improve them to second or first class.  Everything covers infrastructures, law and order, social services, care for each other and Globalization attitude.  The constant strive for excellence will make the Special Economic Zones shine as example for the World.
20.   The Think Tanks must try to provide constant monitoring, think out-of-the-box, debate with one another, examine and redefine what are the Meaningful Economic Activities?  They should use structured internet forums to provide logical and improving suggestions.
21.   The projects should be divided into long-term, non-profit making funded by Government Thin-Money and short-term, profit making projects funded by the Private Sector.  Make sure the projects are thought out carefully and managed vigorously.  Have special Five Year Plans for the Special Economic Zones.

Creating stories to change the future 1

Secret conversation between India and Pakistan Think Tanks.

India: "Britain divided us.  We want re-unification again.  What can we do?"

Pakistan: "The outside world thinks that we are enemies.  Even some of our own citizens do not see re-unification as a goal."

India: "Let us create some incident to arouse Nationalism."

Pakistan: "Let us provoke China.  But keep the incident small so as to arouse Nationalism but do not invoke war."

India: "Leave that to us."

*Edited on Aug 26, 2017

At the end of the Second World War, many Nations were divided along the Capitalism and Communism lines. India was a special case as it was divided along religion lines by the British.  The West always presumed such Divide and Rule tactics would work.

There is another mechanism at work on the minds of the Divided Nations.  That mechanism is re-unification.  Most Chinese see Taiwan as part of China and look forward to eventual re-unification.  Germany was re-united peacefully.

Will India and Pakistan be peacefully united eventually?  Globalization will eventually enable all Human Beings to travel and work anywhere on Planet Earth.  Re-unification will be a stepping stone.  It is not a dream.

Creating stories to change the future 2

Secret conversation at an Indian Think Tank.

Person A: "It is decided to stimulate the Patriotism to unite the Nation – India, Pakistan and others included.  But do not cause harm to the economy."

Person B: "Start a small border disturbance with China.  Choose a place where we have military superiority.  Use no firearms.  Control the situation with mobile phones all the time."

Person C: "This is like the dispute of China and Japan over an uninhabited Island.  Indians will be incited to boycott Chinese goods.  That will help the Indian manufacturers."

Person A: "Will the Chinese over-react and shoot our soldiers?"

Person B: "China wants to promote itself as a great peaceful power with the OROB initiative.  They will restrain their soldiers.  Their soldiers all have mobile phones."

Person C: "China is likely to help Pakistan more.  That is good for the final united India.  It is like US selling advanced military technology to Taiwan.  Much of that information will be passed secretly to China."

*Edited on Aug 27, 2017

Patriotism is good if it unites and motivates a Nation to do constructive things.  But it can also be dangerous as the average citizen can be incited to act foolishly.  Regional and World Wars may result.

Once the crowd is incited, the consequence is often unpredictable.  The most common is mob violence.  In Hong Kong, we have some University Professors teaching students that breaking the Law is morally correct for the right cause.  Governments can be toppled by student or crowd protests or revolutions.  The professor also taught the students that Democracy would allow the best and most qualified persons to be elected.  Just believe in majority judgement.

The actual experience in Hong Kong is very different.  The Legislative Council Elections elected totally unqualified persons who advocate breaking away from China.  Many did not respect the rules in the Council and did their best to stall and object to policies.  They vowed to turn the High Speed Rail to Snail Rail in Hong Kong.  The staple saga by a Founding Democratic Party Member is an example. 

The India-China Border Incident so far is more words than violence.  Some Indian Politicians believe that it is achieving the goal of stopping the road construction and generating more patriotism within India.  Indians will boycott Chinese Goods and create more opportunities for Indian manufacturers.

Fortunately, the Internet allows opinions from many sides.  Some try to incite.  Some try to reason.  The First or Second World War type propaganda trying to get citizens to "die for the Nation" is less likely to succeed.  When citizens experienced prosperity via peace and trade, they do not want to see their hard work destroyed.

Both Chinese and Indian Citizens experienced increasing standard of living in the last few decades.  Hopefully, they will not be incited to support regional or nuclear wars.  (Some of the inciting posts are from Outside Powers who want to see China and India destroying each other.)

**Edited on Aug 29, 2017

The India-China Border incident was resolved peacefully.  Both sides claimed victory.  It showed that both Indian and Chinese Leadership were sensible.  With peace, both Nations can continue their rapid economic growth uninterrupted.

Creating stories to change the future 3

Secret conversation at a Chinese Think Tank.

Thinker A: "Indian soldiers crossed the Border trying to disrupt our building a road."

Thinker B: "Use that as a way to deal with the pressure from USA.  USA wants us to stop the nuclear missile program in North Korea."

Thinker C: "It is impossible as North Korea is determined.  Their scientists and engineers are smart.  They can achieve what we achieved over 50 years ago.  We can tell the Americans that we are dealing with a much more serious threat from a Nation with proven nuclear weapons."

Thinker A: "Good idea.  Will the Americans fall for it?"

Thinker B: "It does not matter.  We just ask our soldiers to push and throw rocks.  Make sure that they do not fire the first shot.  Time is on the side of North Korea.  Once they have demonstrated that they have the nuclear missile capability that can do harm to USA Cities, the only solution is sitting down at the negotiating table."

Thinker C: "Will the USA missile defense system be able to totally protect USA?"

Thinker A: "You said it.  Totally."

Thinker B: "It is much easier for the Politicians to sit down at the negotiation table.  We can spread information or rumors of what might happen if a nuclear missile make its way to Los Angeles."

Thinker A: "We can rumor that North Korean Missiles have Flying Saucer Capabilities.  They do not just move in straight lines.  It can be done with a small side-thrust engine."

*Edited on Aug 31, 2017

The Communist Party Leaders in China see the Border Incident with India as minor irritation.  The soldiers are asked to restrain.  Media in the West tried to blow it up as imminent war between China and India.  The politicians who want to derail China and India from their rapid economic growth are trying to incite via saber shaking posts.  The cost to them is trivial.  Will India or China be stupid enough to fall for it?

The Doklam issue is now resolved.  Both sides claimed victory.  No shots were fired.  It was win-win.  India raised the incident to attract World Attention and aroused Patriotism.  China saw its own Patriotism and showed the World that it is a peaceful Dragon.

Creating stories to change the future 4

Secret conversation at a Pakistan Think Tank.

Expert A: "The many OROB projects on the Pakistan side are moving along smoothly."

Expert B: "China sees the Gwadar Port as a way to bypass the India Ocean.  It is very different from Singapore managing that Port."

Expert A: "China sees Globalization as eventual peaceful exchange of goods and people.  It claims not to seek domination."

Expert C: "The old Colonial Powers starting from Spain, Portugal, Britain, France, Germany etc. treated the borders of the undeveloped Nations as lines that they could cross any time.  They could occupy the land and capture the humans as slaves any time.  China will never be able to do that in the modern era."

Expert D: "It is win-win for us.  We just need to learn, master and improve the various technologies.  Our development will be faster with help.  But we must not just depend on outside help.  We must help ourselves."

*Edited on Aug 27, 2017

Pakistan students studying overseas have demonstrated that they are amongst the best in the World.  Pakistan has developed the Nuclear Weapons.  They can master technology, technology and technology.

What is keeping them from rapid economic development?  Most scholars will say that the Government spend too much energy and resources on the Military.  Pakistan does not have a leader like Lee Kuan Yew of Singapore.  A Leader must be able to lay out the plans and motivate its people to execute the plans.  A Leader must be able to encourage the Individuals to contribute their best.  Motivating individuals is best done by Money. 

China have demonstrated that printing money to build infrastructures will make many Companies wealthy.  The additional money pumped into the economy makes many more individuals rich.  Capital is not a scarce resource.  Knowledge and technology can be learned.  However, they cannot be learned in one day.  But collectively, they can be learned in a few years and definitely in a few decades.  China uses Five Year Plans.  The good thing about Five Year Plans is that citizens can see the results without waiting for too long.

Now China is helping Pakistan as a main OROB project.  There will be disruptions.  Is it possible for the internal conflicts within Pakistan to settle down?  Is it possible to ignore the external disruptions?  China and India are likely to settle their border disputes peacefully.  Ethiopia can grow at close to 10%.  India can grow at higher than 7%.  Can Pakistan grow at higher than 7% also?  Are the plans ready?  Use the best IT technology to do the what-if analysis and monitor every step with scientific feedback and webcams...

Creating stories to change the future 5

Secret conversation at an USA Think Tank.

Prof. A: "The Nuclear Missile Projects in North Korea are moving along faster than we estimated.  In the Middle East, we can ask Israel to bomb them."

Prof. B: "If we bomb them ourselves, what would happen?"

Prof. C: "If we could not destroy their capability forever, there might be nuclear revenge."

Prof. A: "The existing Nuclear Powers such as Russia, China, India, and Pakistan will double their efforts in building and perfecting their nuclear arsenal.  If we destroy North Korea totally, one or more of our allies might be destroyed totally.  It would be worse than the Cold War."

Prof. B: "Does that mean we have to accept North Korea as a Nuclear Weapon Nation similar to India and Pakistan?  Would that encourage other Nations to go nuclear?"

Prof. C: "Technology cannot be bottled up.  It is a matter of time.  We may have to consider the Chinese Approach – help all Nations rich, win-win, plan, work and enjoy the fruits together."

Prof. A: "We may have to consider the two camp competition approach.   When all Nations get rich, the temptation of destroying others will disappear."

*Edited on Aug 27, 2017

There is no doubt in my mind that the Professors at Harvard or MIT know that the key element for Developing Nations is technology, technology and technology.

They just let the Politicians slow down the Developing Nations with corruption, dead aid and propaganda.  USA allowed or secretly encouraged drug trafficking – Philippines now kills drug lords to stem out drugs.  USA accuses Philippines for human right violations.  China was under the evil effect of opium introduced by the British at one time.  Now if you sell opium in China, you are punishable by death.  It took a strong government hand to solve the problem.

I am sure that the Professors also see the qualities of the Asian Students.  They are more motivated.  They dedicate much more time to solving the complicated problems of Physics, Chemistry, Biology and engineering.  Technology can be mastered by these youngsters.

The knowledge and technology gap between Developed and Developing Nations is narrowing fast.  China is helping via the OROB initiative.  USA must rethink its role in the New World.  Should it compete with the Russia+China Camp to help Developing Nations rich???

Creating stories to change the future 6

Secret conversation at a Chinese Think Tank.

Thinker A: "We are helping to setup many Special Economic Zones in various Nations.  Some of them are not moving along as fast as we hoped.  What should be in a Special Economic Zone?"

Thinker B: "Read reply 126 in this thread."

Thinker C: "Treat it as third class.  Improve it to second and first class."

Thinker A: "Circulate it as widely as possible.  It will change the World."

Thinker B: "USA and allies thought that they could hold their dominance forever.  They thought the Poor and Developing Nations would never catch up.  They could incite border disputes and regional wars.  They could use financial weapons and corruption to destroy Nations or set them backwards."

Thinker C: "That worked for a long time.  But the rise of many Asian Nations including China and India gave the Poor and Developing Nations hope.  It is better to believe in One Belt One Road and see the Infrastructures built.  It is better to draft and implement the Five Year Plans.  The alternative is to pray and hope for a better life in Heaven."

*Edited on Aug 28, 2017

I spent much time in Shenzhen in the last few years myself.  I saw the building of their subway system from nothing to one of the most efficient in the World.  I spent some nights in the early hotels and flats and I also spent some nights in the new five star hotels.

When one witnesses the development of a City in front of one's eyes, one has to accept the achievement of China.  Some claimed that the GDP growth figures were false.  Some claimed that the citizens were worse off without democracy.

Shenzhen is one of the earliest and most successful Special Economic Zones.  It already has a larger population than Hong Kong.  Its GDP is likely to surpass Hong Kong soon.  The mood of citizens is very different from Hong Kong.  Shenzhen Citizens talk about making more money in changing jobs, in buying stocks, and in setting up businesses.  Many laughed at the Democracy in Hong Kong and in USA.  They prefer to enjoy their wealth, play on WeChat, than wasting time discussing politics.  That is likely to happen in most of OROB Special Economic Zones.  Economy comes first.  Learn, master and improve the technology, technology and technology.

Creating stories to change the future 7

Conversation of Politicians in Hong Kong

Politician A: "The Democratic Party staple saga turned Hong Kong into a laughing stock of the World."

Politician B: "We can change the situation with some successful events."

Politician C: "How about implementing Super Democracy?  We understand the theory.  We can set up Structured Internet Forums.  The Hong Kong Citizens are highly educated.  They can catch on the idea quickly."

Politician A: "How would the Powers Behind react?"

Politician B: "What do you mean?"

Politician A: "One Power is Beijing.  Just mentioning the word – democracy – will cause objections."

Politician B: "Tell the World that the present Democracy is Stupid.  Beijing will be happy to hear that."

Politician C: "Following that with a thorough discussion of Super Democracy – Structured Internet Forums, Qualifying Candidates, experimental votes to replace or supplement Public Opinion Polls, thorough display of reasoning and logic, speed of passing and implementing of policies, success examples to show the World."

Politician A: "Who will lead?"

Creating stories to change the future 8

Conversation of Budding Politicians in China

Thinker A: "China now have this Ph.D. program for CEOs.  The qualification is managing a Company of over 1,000 persons with an annual revenue of over 1 billion RMB.  The time frame is 5 years.  Students present a paper every month and spend 3 days a month in Beijing.  Each class will not be more than 50 students."

Thinker B: "This is not the average Ph.D. program.  It aims to train the future leaders of China.  The CEOs will become the top Think Tanks of China."

Thinker C: "What kind of papers will these students write?"

Thinker A: "All kinds of economic and political topics including current events.  Some examples include the future of OROB, Implementing OROB in Gwadar, Implementing OROB in Africa, RMB as a Settlement and Reserve Currency,  the impact of the two child policy, taking advantage of the Political Situation in Philippines, etc."

Thinker B: "The students in this program will present at least 50 papers and get exposed to papers from 50 others.  They can use their own staff to help them.  They already have vast management and financial experience.  Most of them should be in their Thirties or Forties.  They are being gloomed to be the future leaders of China."

Thinker C: "These highly qualified individuals are expected to be much better than the Representatives voted via Stupid Democracy."

Thinker B: "There will be accusation of China ruled by elite.  But I believe it is better than USA electing Donald Trump."

*Edited on Aug 27, 2017

It is always difficult to get competent Leadership.  Good Leaders grow old and need to be replaced.  Western Democracy advocates voting by the masses.  There should be minimum qualification requirements for the Candidates and trust the result to the wisdom of the majority of voters.

The Communist Party in China is allowing Leaders to take charge for two 5 year terms.  The candidates must have governing experience.  There are Five Year Plans and more long-term goals.  The focus is on economy.  That single minded focus has allowed the China Economy to grow uninterrupted for three decades.  The OBOR initiative is likely to provide fuel for the economic engine for a few more decades.

The Internet in China is so powerful that complete censorship is impossible.  Most citizens are experiencing a rising standard of living.  That generates hope and support/tolerance  of the One Party System.  They also see stupid democracy in Hong Kong and now in USA – the champion of democracy. 

The new CEO PhD program is funded by the richest man in Hong Kong, Mr. Lee Kar Sheng.  Some students are from Hong Kong.  They and their staff are becoming the top Think Tanks of China.  Thus Hong Kong is contributing its part to the growth of China.

Creating stories to change the future 9

Conversation of Economists in India

Person A: "Is India on the right economic path?  The GDP growth is over seven percent.  Infrastructures are being built.  The living standard of the citizens is improving.  What else can be done better?"

Person B: "Set up Special Economic Zones to try out Super Democracy, Cashless Society, Robots to achieve high efficiency, Traffic Jam Free Cities, Internet Conferences, Life-long Education, Green Energy Industries and other Innovative ideas."

Person C: "Should India be content to grow at the present rate?  The thin-air money is already being spent wisely on Infrastructures.  India may not be capturing the Headlines as China.  But our growth is fast and well controlled.  Our youngsters see hope and prosperity.  They know that if they work hard, they will have a better future than their parents."

Person A: "I want to focus more on Thin-air Money.  Is it really true that we can pump out thin-air money to develop our Infrastructures without bad side-effects?"

Person B: "I was educated in Britain with the old school of economics.  Adam Smith concepts were Gospels. It took me a long time to accept that Capital is not a scarce resource.  I believed a Nation should function like an Individual – work hard and accumulate wealth.  Money must be earned and not printed."

Person C: "I still remember the many nights we argued and yelled at each other.  Fortunately, in our hearts, we knew that we are trying to introduce the best for India.  So far, we have not borrowed much from World Bank or IMF.  We have not gotten huge Foreign Investment.  But our Infrastructures are popping up everywhere."

Person A: "Some Western Economists told me that we must pay back the thin-air money.  If we do not pay, our future generations must pay.  Are they right?"

Person C: "They are wrong.  We shall leave Infrastructures, knowledge and security for our children.  We shall not leave debts for them to repay.  We never need to borrow from World Bank, IMF, or AIIB.  We borrow from our own State Banks.  They need to master and control the science of thin-air money creation and removal.  Capitalism is dead.  It is a thing of the past."

Person B: "For a Nation, it is no longer – who has the gold rules.  The infinite Gold Mine is behind the Nation.  It is a matter of translating this Gold into Meaningful Economic Activities to benefit the Citizens."

Person C: "If we spend 100 billion to build a road, we can add 100 billion to our assets.  We always have a balanced budget.  Make sure that we have the technology, technology and technology."

*Edited on Aug 26, 2017

Governments can authorize Banks to print money.  They can also authorize Banks to loan out more money than they receive in deposits.  Thus, Banking is a special industry.  Hong Kong used to have many small, private banks.  However, they could be eaten up easily via rumors causing a run on the Bank.

In China, the Big Banks are essentially Government owned – even though their shares can be traded on the Stock Market.  Some Western Advisors tell China to deregulate the financial sector.  That is asking China to take poison.  China took their stupid advice to let the RMB Offshore Exchange Rate float under Market Forces.  That stupid advice caused China to lose over one trillion USD of its Foreign Currency Reserve.  China traded in the unregulated Foreign Exchanges of UK and USA.  These are effectively casinos with no limits.  China finally learned the lesson.  Either gamble in China's own Casino or do not gamble at all.  China now ignores the Market Forces and specifies the RMB Exchange Rate at its own liking.

China can now force the RMB to appreciate slowly at a controlled pace.  RMB deposits command a higher interest.  RMB can be used to buy Chinese Goods.  These factors will encourage individuals, companies and Nations to use RMB as Settlement or Reserve Currency.  The importance of RMB will grow especially with the growth of the OROB Nations.

The lesson – Western Economists may be Economic Warriors trying to win the war.  Do not trust them in the same way as one would trust scientists or engineers.

Creating stories to change the future 10

Conversation of Economists in Japan

A: "We are getting old.  Are you happy with the present situation in Japan?"

B: "My grandchildren do not want to have children or get married.  They no longer see a glorious Japan."

A: "That glorious dream ended us in Wars and Nuclear Dusts.  We were fooled to believe that we were born superior.  It is just a matter of technology, technology and technology."

C: "Now China, India and many other Countries are mastering technology.  They have a larger population.  It is natural for them to have a larger economy.  But per capital wise, we are still far ahead.  Our children are enjoying a very comfortable standard of living.  What is the point of glory?"

B: "Should we compete with China and launch our own version of One Belt One Road?"

C: "No. What is the point of Dominance?  If a Nation wants High Speed Trains, it can approach us, France, Germany or China.  We should not artificially lower our prices to compete with China.  Sooner or later, the Eagle and the Dragon will compete for Dominance.  We should stay out.  We must not let another nuclear bomb dropping on our soil."

B: "When we have over-capacity, we just close down the factories.  Our citizens are still fully employed.  They can switch jobs easily.  We have plenty of savings to enjoy the rest of our lives.  Our Social Service Benefits are among the best in the World."

Creating stories to change the future 11

Conversation of Friends and Relatives from Singapore

Friend A: "I am surprised that you live in such a dirty place of Wan Chai.  It is supposed to been one of the richest districts in Hong Kong."

Tseung: "Even after the British left, Hong Kong still held onto the philosophy of minimum Government Intervention.  There was little long term planning.  It is all panic mode reaction management.  The Housing situation is a typical example."

Friend B: "Do you think Hong Kong will learn from Singapore?"

Tseung: "Some retired Government Officials told me that the so called Central Planning Unit is being re-organized.  That Central Planning Unit was never functional as most Officials believed in Market Forces and minimum intervention."

Friend A: "Singapore got its independence from Britain in the 1960s.  It immediately re-examined everything the British left behind.  State Capitalism effectively started in Singapore.  The Government stepped in to help the Private Sector right from the beginning.  We never leave everything to Market Forces."

Friend C: "Hong Kong never had a leader like Lee Kuan Yew.  A good leader can make a big difference."

*Edited on Aug 27, 2017

A good leader can make a big difference.  Singapore was lucky to have Mr. Lee Kuan Yew as the first Prime Minister.  Corruption was virtually nonexistent.  The Government worked hand-in-hand with the private sector via the famous Singapore Economic Development Board. 

Many regard Singapore as the "cradle of State Capitalism".  China learned much from that model.  Looking back, it makes sense for the Government to work hand-in-hand with the Private Sector.  That is a very logical development path.  Hong Kong is stupid to believe in "minimal government intervention".  Hopefully, the Hong Kong Citizens will learn.  Remember, everything you see is only Third Class.  Strive to turn them to Second or First Class.

Creating stories to change the future 12

Conversation between old classmates

Classmate A: "According to your posts, almost any Nation can become developed.  It is just a matter of mastering technology, technology and technology."

Tseung: "Correct.  If Nation A does not have iron ore but has technology, it can approach Nation B with iron ore and trade.  The trade can be helping Nation B to build a Bridge.  It may even help Nation B to setup a steel mill.  India is a good example of Nation A.  Its Information Technology allows it to cover almost every Industry."

Classmate B: "Technology is important.  But happiness is important too.  The mind needs amusement and relaxation."

Classmate A: "That is why movies and games are popular.  In the MTR in Hong Kong, half of the riders are staring at their mobile phones at any time."

Classmate C: "In our old age, I prefer a glass of good wine than technology.  Let the youngsters shine.  We have done our part."

Tseung: "Well said.  Our School mates cover every profession including scientists, engineers, bankers, artists, politicians, factory owners and workers, retail, entertainment and medical professions.  Every sweat and every seemingly little achievement added together help to produce a prosperous Hong Kong and China."

Classmate D: "We are lucky that we do not experience wars.  Peace allowed us to contribute.  If Nations now go for win-win, plan, work and enjoy the fruits together, our children will enjoy even more prosperous lives."

Cresting Stories to change the Future 13

Conversation between two Chinese Officials

Official A: "I am in charge of helping a minority race to get rich.  I want to do better than the standard strategy of tourism.  Can you give me some ideas?"

Official B: "Build village hotels with high quality and the necessary high technology facilities.  Have more rooms than necessary.  Make sure you have high end computers, TV, internet connections, microwaves, electric induction stoves, massage chairs and mobile phones.  Encourage the minority workers to stay in some of the rooms and get familiar with the appliances.  After a few years, sell these appliances to them at great discount.  China plans to get every citizen to be moderately wealthy by 2020.  You have over two years to do it."

Official A: "The village hotels will be built or updated with State Funds.  I have the budget.  I can also get private investment to run the many stores, restaurants and entertainment facilities.  The goal is to get the minority race rich.  I can get outside investors to partner with the minority race to run the money making businesses."

Official B: "You can also get State Help to get Tourists to come and stay.  China now have subsidised tour programs for Retired Citizens.  Make sure you link to such programs.  Minority race villages have higher priority.  The village hotels may even be turned into village homes when and if appropriate."

*(This is the power of State Planning.  The Government can deliberately put money into the pockets of the once neglected minorities.  Racial harmony will improve.)

Official A: "I have the database on every citizen in my care.  The database links to their bank accounts, their mobile phones with all the transactions, their medical history etc.  That will be used to judge whether I fulfil my job commitment.  The simplest way is to put money into their Bank Accounts.  But that will not give me much credit.  Creating meaningful jobs for them, making them more self-confident, have some of them becoming successful business owners count much more.  Thank you for your advice."



*Edited on Aug 28, 2017

When the Government decides to improve the living standards of the minority races, it can simply pump more thin-air money in that direction.  In a so called democracy, such a decision may meet with much opposition from many entrenched interests.  In China, this is similar to building another high speed rail.  There is hardly any objection.

This is important.  Sooner or later, China will make the decision to improving the living standards of poor Nations in Africa or South America.  Other Nations will be treated in the same way as minority races.  Deliberately helping them without anything in return is acceptable.

When a Nation has excess capacity and know-how, it can cut-back and keep much information confidential.  China is taking the path of win-win, share the thin-air capital and knowledge, plan, work and enjoy the fruits together.  Will it be the Century of the Dragon?

**Edited on Sep 4, 2017

Person 1: "The Tanner Hill Senior Retirement Center is aimed at the rich.  It is unfair.  Government resources should be directed towards the poor."

Person 2: "Hong Kong Government has huge reserve sitting as numbers in Bank Accounts.  It should learn from Singapore and use the resources to benefit
all its citizens including the rich."

Person 1: "The rich can take care of themselves."

Person 2: "A responsible Government must be able to define Meaningful Economic Activities for all its citizens.  Putting some resources to showing a good way of taking care of the retirees is important."

Person 1: "I object."

Person 3: "That is the trouble with Democracy.  Too many opinions and objections will encourage the Government to do nothing.  Hong Kong is in such a mode - too many objections on almost everything." 

Creating Stories to change the Future 14

Hong Kong was under two typhoons within 4 days.  We spent some time talking in the Club House.

Senior 1: "Do you think One Belt One Road will succeed?"

Senior 2: "China builds infrastructures in other Nations without asking for financial returns.  Some infrastructures will be built."

Senior 3: "What is the point of building if there were no financial returns?"

Senior 2: "China can use some of its over-capacity and build good-will instead."

Senior 1: "What is the worth of good-will?"

Tseung: "Lasting peace.  When a Nation wants to be rich and remain rich, the best strategy is to help other Nations rich."

Senior 4: "It is like us. We no longer need money.  We just enjoy life and tell stories of how we get rich to others."

*Edited on Aug 29, 2017

The Cold War ended with the collapse of USSR in 1991.  USA and allies definitely had over-capacity.  They chose the path of enjoying life instead of helping other Nations rich.  They worried about other Nations developing nuclear weapon capabilities.  They invaded, bombed or threatened to destroy Iraq, Iran and North Korea.

Such a strategy can only work for a short time as technology cannot be bottled up forever.

The alternative is to help other Nations rich.  This is the path China is taking.  Will it succeed?  I am sure that it will be partially successful.  Some projects will succeed.  Some projects will fail.  However, the effort is worthwhile.

The World is faced with two choices:
(A)   Keep the present Status Quo – Some Nations are developed and some will not be for a long time.
(B)   Get all Nations developed within one generation.

Creating Stories to change the Future 15

Listening to the conversation of a Bride

Bride: "I want to have a special wedding.  It is going to be once in a life time.  My family supports me as I am the only child."

Friend: "Congratulations.  I envy you.  Tell me about your wedding gown."

Bride: "I do not want to simply buy it from a bridal shop.  I want it tailor-made.  I want to design it myself."

Friend: "You have not designed any dress before.  How are you going to start?"

Bride: "I spent much time at various bridal shops and looked at hundreds of photographs.  I want my wedding gown to be one of a kind."

*Building a Nation is somewhat similar.  One can look at existing models and have a ready-made solution.  One can come up with one's special model.  Few politicians have experience in building a Nation before.  They have to look at existing models, modify and adopt.

China is offering its own model.  China believes infrastructure development is the key.  Printing thin-air money to build such infrastructures is better than borrowing money.  The key element is the knowledge and technology.  Governments must work together with the Private Sector (State Capitalism).

India is embarking on a similar path.  It does not borrow heavily.  It avoids many polluting Industries.  It uses its Information Technology to identify the growth areas.  It allows its population to grow (China used the one-child policy.)  It adopts democracy and accepts freedom of speech with the obvious drawback of objections or oppositions from unqualified groups.  Many worthwhile projects were stalled or blocked.

(In the early days of the MTR in Hong Kong, many people objected.  One reason was the underground tunnels would damage the foundations of existing skyscrapers.  In a democracy, the debate could last for years.  In the present World, the ruling party is usually the deciding factor.  If the ruling party keeps changing every few years...")

Creating stories to change the Future 16

Electing the Tenant Representatives at Tanner Hill

Five Representatives will be elected to the New Tenant Association at Tanner Hill – the most prestigious retirement center in Hong Kong.  Initially, few of the old folks wanted to become Representatives.  Then, in a preliminary information meeting, it was explained that the Representatives would have special privileges.  They will have a special office with computers, sofas and secretaries to help them.  They will represent the tenants in future rent, additional facility and activity negotiations.

Someone pointed out that the policy of the Hong Kong Government is likely to put more money into such facilities.  The initial District Council Members were volunteers with no pay.  Then the policy changed.  The District Council Members were paid and well compensated with staff and office support.  Each District was given HK$100 million for the District Council Members to decide what to do.

That gave incentive for the old folks to become representatives.  This particular retirement center has many highly accomplished retirees – lawyers, doctors, engineers, writers and entrepreneurs who helped to create the miracle of Hong Kong since the 1960s.  Many good ideas were suggested.  This may turn out to be a model for the future retirement homes in Hong Kong and China.

When a Nation is Developed and getting rich, it is able to put more resources to take care of the old folks.  The facilities can be better.  The services can be better.  The medical care can be better.  The entertainment can be more targeted.  Some old folks will experience these welfare earlier.  The next wave of welfare will be better when the Nation is even richer...

Unfortunately, taking care of old folks is regarded as an "unfavorable and unrewarding" profession.  Few people want to go into this profession.  In Hong Kong, there are the foreign domestic helpers.  In USA and Europe, there is little such help.  Long term policy to deal with such issues must be ready as the population in Hong Kong is getting older fast.  Japan already faced such a problem.  China will have similar problems soon.

*Now that the incident at Doklam between India and China is resolved.  Both Nations have sensible Leaders.  Both Nations can print thin-air money to continue their infrastructure development.  India has 100 one million person cities to build.  China will build many infrastructures for other Nations.  Both have very Meaningful Economic Activities to do.  Both have capital, knowledge, technology and the ambition to be the future Number One Economic Power.

The next few years or decades will be fun – friendly competition between two rising Ancient Civilizations. 

One World One Dream - https://www.youtube.com/watch?v=DOvSkSgtTXI

Creating Stories to change the future 17

https://www.youtube.com/watch?v=7Rd89DErkwY

Raising pigs with high technology, green energy and marketing.  This series already has over 450 stories. It shows small improvements can make a big difference to the Chinese Economy and Technology.  Even the average person can achieve and such improvements

https://www.youtube.com/watch?v=PMTaHAAGGHg&list=PLYG8vFcMYIaIlscXsnAEHea7cyiEaQxq1

Zhifujing - how an ordinary folk can get rich.  There are over 950 stories.

https://www.youtube.com/watch?v=PMTaHAAGGHg&list=PLYG8vFcMYIaIlscXsnAEHea7cyiEaQxq1

Such stories can motivate the average citizen. 

*Citizens use their brains and eyes to spot every opportunity to make money.  Governments increase the money supply via building more infrastructures.  The result is more citizens earn more money via outstanding efforts.  India and China are moving along on such win-win paths.  Why war?

https://www.youtube.com/watch?v=inmmwEILB0Y

The above series from CCTV outline the peaceful diplomacy of China.

Quote from: ltseung888 on 2017.08.25, 02:56:27
Creating stories to change the future 8

Conversation of Budding Politicians in China

Thinker A: "China now have this Ph.D. program for CEOs.  The qualification is managing a Company of over 1,000 persons with an annual revenue of over 1 billion RMB.  The time frame is 5 years.  Students present a paper every month and spend 3 days a month in Beijing.  Each class will not be more than 50 students."

Thinker B: "This is not the average Ph.D. program.  It aims to train the future leaders of China.  The CEOs will become the top Think Tanks of China."

Thinker C: "What kind of papers will these students write?"

Thinker A: "All kinds of economic and political topics including current events.  Some examples include the future of OROB, Implementing OROB in Gwadar, Implementing OROB in Africa, RMB as a Settlement and Reserve Currency,  the impact of the two child policy, taking advantage of the Political Situation in Philippines, etc."

Thinker B: "The students in this program will present at least 50 papers and get exposed to papers from 50 others.  They can use their own staff to help them.  They already have vast management and financial experience.  Most of them should be in their Thirties or Forties.  They are being gloomed to be the future leaders of China."

Thinker C: "These highly qualified individuals are expected to be much better than the Representatives voted via Stupid Democracy."

Thinker B: "There will be accusation of China ruled by elite.  But I believe it is better than USA electing Donald Trump."

*Edited on Aug 27, 2017

It is always difficult to get competent Leadership.  Good Leaders grow old and need to be replaced.  Western Democracy advocates voting by the masses.  There should be minimum qualification requirements for the Candidates and trust the result to the wisdom of the majority of voters.

The Communist Party in China is allowing Leaders to take charge for two 5 year terms.  The candidates must have governing experience.  There are Five Year Plans and more long-term goals.  The focus is on economy.  That single minded focus has allowed the China Economy to grow uninterrupted for three decades.  The OBOR initiative is likely to provide fuel for the economic engine for a few more decades.

The Internet in China is so powerful that complete censorship is impossible.  Most citizens are experiencing a rising standard of living.  That generates hope and support/tolerance  of the One Party System.  They also see stupid democracy in Hong Kong and now in USA – the champion of democracy. 

The new CEO PhD program is funded by the richest man in Hong Kong, Mr. Lee Kar Sheng.  Some students are from Hong Kong.  They and their staff are becoming the top Think Tanks of China.  Thus Hong Kong is contributing its part to the growth of China.

Talked to one enrolled in the program.

Candidate: "This program is very demanding.  It will require much effort from me and my staff.  We shall be a top Think Tank for China.  Many will try to influence us - including those with evil intentions."

Tseung: "That is why it is such a special program.  You and your group will help to lead China and the World in the coming years."

Candidate: "My wife asked me about the temptations - especially the young and pretty girls."

Tseung: "How did you answer?"

Candidate: "I just hugged her."

This Candidate has high IQ and EQ...

Comments on the BRICS summit in China.

1.  These BRICS Nations still need Infrastructures to improve the standard of living of their citizens.  Infrastructures include roads, bridges, rail, dams, electricity, Internet, hospitals, retirement centers, education institutes, homes, hotels and entertainment facilities.

2.  Food security is no longer a problem.  Military security is not a problem if India and China do not start any wars.

3.  Thin-air Money will be used to develop Infrastructures and more Meaningful Economic Activities.  Previously, Developing Nations look to IMF and World Bank to supply the thin-air money.  Now, they know that they can print such money themselves.  However, if they group together, the power will be much more.

4.  USA and Europe print more thin-air money to drive up the Stock Markets, the Derivatives, the Bonds and the Forex Markets.  These are more like Casinos.  BRICS have to guard against such Economic or Currency Traps or Wars.

5.  BRICS have to develop the self-confidence that they are on a better path of development than the Developed Nations.  Whatever the West says are Third Class Only.  It is the duty of BRICS to turn them into Second or First Class...

https://www.youtube.com/watch?v=KzTuygegrR0

BRICS have started their own Foreign Currency Pool to protect against any currency attacks.  They will no longer need to borrow thin-air money from IMF or World Bank.  The next step is to have their own Forex Exchange (own casinos) to trade and define the Exchange Rates.  Sooner or later, they will all peg to one currency.  The rise and fall will be together.  It does not really matter which is the peg! 

USA and Allies will see this as a greater threat to their dominance.  But with the combined and increasingly educated population of India and China, the knowledge gap will narrow.  With the combined Military Might of Russia and China, War is not a possibility.  With the resources of Brazil and South Africa, there will be no shortage.  India can provide the advanced IT skills.  Managing the complex setup is not a problem.  The West kept saying - you need foreign investment.  The correct statement should be - you need technology, technology and technology.

Quote from: ltseung888 on 2017.09.05, 15:13:39
Comments on the BRICS summit in China.

1.  These BRICS Nations still need Infrastructures to improve the standard of living of their citizens.  Infrastructures include roads, bridges, rail, dams, electricity, Internet, hospitals, retirement centers, education institutes, homes, hotels and entertainment facilities.

2.  Food security is no longer a problem.  Military security is not a problem if India and China do not start any wars.

3.  Thin-air Money will be used to develop Infrastructures and more Meaningful Economic Activities.  Previously, Developing Nations look to IMF and World Bank to supply the thin-air money.  Now, they know that they can print such money themselves.  However, if they group together, the power will be much more.

4.  USA and Europe print more thin-air money to drive up the Stock Markets, the Derivatives, the Bonds and the Forex Markets.  These are more like Casinos.  BRICS have to guard against such Economic or Currency Traps or Wars.

5.  BRICS have to develop the self-confidence that they are on a better path of development than the Developed Nations.  Whatever the West says are Third Class Only.  It is the duty of BRICS to turn them into Second or First Class...

https://www.youtube.com/watch?v=KzTuygegrR0

BRICS have started their own Foreign Currency Pool to protect against any currency attacks.  They will no longer need to borrow thin-air money from IMF or World Bank.  The next step is to have their own Forex Exchange (own casinos) to trade and define the Exchange Rates.  Sooner or later, they will all peg to one currency.  The rise and fall will be together.  It does not really matter which is the peg! 

USA and Allies will see this as a greater threat to their dominance.  But with the combined and increasingly educated population of India and China, the knowledge gap will narrow.  With the combined Military Might of Russia and China, War is not a possibility.  With the resources of Brazil and South Africa, there will be no shortage.  India can provide the advanced IT skills.  Managing the complex setup is not a problem.  The West kept saying - you need foreign investment.  The correct statement should be - you need technology, technology and technology.

https://www.youtube.com/watch?v=QUyT4bPLQJw

The above article stressed the two points:

1.  BRICS+ starts to challenge the US$ dominance.  Trade between BRICS will not limit currency to USD.  Oil and other resources trading will no longer be relying on USD as the trading, settlement or reserve currency.  The BRICS+ currencies will effectively be pegged together.  This will have huge implications.  Previously, if a Nation wants to embark on a large infrastructure project such as building a dam and that the Nation does not have the technology to do so, it needs to borrow money from IMF to pay the Developed Nations that have the technology.  This means the West can effectively dictate the development speed of the Developing Nations.  Now, Russia, China and India have the technology.  The Nation can print its own currency and these BRICS Nations will accept such thin-air money.  The USD dominance is effectively over.

2.  The AIIB and BRICS New Development Bank are more than replacement for IMF or World Bank.  So long as the BRICS+ Nations trust each other, their own Banks will be able to print the thin-air money to support all the huge infrastructure projects.  They have to guard against "a run on their banks".  Fortunately, the Internet is so powerful and the citizens are educated enough to realize the International Currency Wars.  Such "runs on Banks" will be rehearsed and the citizens "immunized".  AIIB and BRICS pools are just safety measures.  The private crocodiles or hedge funds will be slaughtered if they are not careful.

The 2008 Financial Crisis started in USA taught China a big lesson.  Printing huge quantity of thin-air money to do infrastructures to benefit its citizens is the right thing to do.  There is no need to borrow USD.  The small amount of needed technology can be purchased but that technology must be digested, mastered and improved.  The High Speed Rail is an example.  Now the focus can be on the aviation industry.  Russia can supply the technology much more willingly as it is sanctioned by the West. 

The West keeps preaching the need for Foreign Investment into the Developing Nations.  The truth is that the Developing Nations need the technology, technology and technology.  Inviting Foreign Investment without the financial safeguards is like inviting the sharks without the safety nets to protect the innocent swimmers.  Learn the lesson from the USSR disintegration and the 1997 Asian Financial Crisis.

The potential War between India and China did not happen and hopefully will never happen. The West can incite but India and China must keep their cool.  Some Special Economic Zones must be developed to show that fast economic development is possible outside China.  Where are the Think Tanks from BRICS+ and the OROB Nations?

Creating more stories to change the future 1

Secret conversation between China and North Korea Think Tanks

China: "We have to put more sanctions on you."

North Korea: "Please do.  You have to give some face to that Eagle.  That Eagle put sanctions on Russia too.  Sanctions unite us more."

China: "Say nothing.  Saving face is an art.  It needs good diplomacy."

Creating more stories to change the future 2

One Belt One Road Seminar

Expert 1: "More and more Nations accept RMB as the settlement and reserve currency.  Is that a good thing for China?  Are there any hidden dangers?"

Expert 2: "President Trump wants to devalue the Dollar to make USA made goods more competitive.  If you are Nation X, will you hold on to USD as your reserve currency – knowing that it will go down in value?"

Expert 3: "Does that mean USA is voluntarily giving up its Monetary Dominance?"

Expert 2: "The Wall Street Gang will try to disrupt the financial stability of China and other Rising Nations. They can get more RMB from the OBOR Nations and then attack.  They can also attack indirectly if Nation X pegs its currency to RMB."

Expert 1: "That means China must be on the alert all the time.  The safety nets against the sharks must be well maintained."

Expert 2: "In this era of Economic War, if you put your guards down, you are inviting disaster.  China let its guards down in the Industrialisation Era 500 years ago.  It must remember that lesson."

Expert 3: "There is no need to look that far back.  Just look at the disintegration of USSR in 1991."

Creating more stories to change the future 3

One Belt One Road Seminar

Expert A: "How can USA attack if China keeps developing the Infrastructure Projects in the OBOR Nations?  These Nations do not need USD and they do not need to borrow from IMF or World Bank?"

Expert B: "Get Corrupt Officials to print Currency X indiscriminately when Currency X is pegged to RMB."

Expert C: "Secretly destroy the Infrastructure Projects.  Make the bridges collapse.  Make the dams burst.  Make the Electric Power Plants explode.  Derail the trains.  Make them look like incompetence from China."

Expert A: "How?"

Expert C: "Pass the inferior concrete used in Bridges and Dams.  A good example was in Hong Kong.  Hong Kong caught it.  But many Nations with corrupt officials will not catch it or will deliberately pass it.  The blame can be on China when the Infrastructure collapses afterwards."

Expert D: "It is much simpler to incite riots so that the citizens of Nation X destroy the Infrastructures themselves."

Expert E: "Get China to have war with Japan, India, Vietnam or Philippines.  China and India were on the verge of wars.  We only needed a stupid soldier to pull one trigger."

Expert F: "Get some Egyptians to destroy the dam at Ethiopia.  Create riots in Thailand, Cambodia or Pakistan.  Get the locals to disrupt the OBOR projects."

Expert G: "Why be so negative?  We can compete with the Russia+China camp to help Developing Nations.  It will do more good to the World."

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...

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

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

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.

Game Changer at the Fishing Pond and its implications.

At the Fishing Pond I frequently visit, the bait supplied by the owners 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.)

Quote from: ltseung888 on 2017.09.18, 15:50:49
Game Changer at the Fishing Pond and its implications.

At the Fishing Pond I frequently visit, the bait supplied by the owners 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.get paid more   The Nations involved get more knowledge, technology and prosperity.)

Comment 1: "A private enterprise can change the rules easily. A publicly owned enterprise will need to go through meetings, approvals, votings etc.  That is why State Planning should not be carried too far."

Comment 2: "If the Officials get paid more if they improve the business, much more can be done.  For example, some Officials in China are in charge of helping the minority races richer.  They have the databases of every minority citizen in their care.  The State plans to have every citizen out of poverty and become moderately wealthy by 2020.  China is prepared to print more thin-air money to achieve this goal. However, putting money into the Bank Accounts is too easy.  The Officials are paid more and advance faster if they have innovative solutions."

Comment 3:"That is why you see many high standard Village Hotels in Minority Race Areas. These areas are being turned into tourist attractions. The Chinese Government also sends tourists - retirees, other Officials to learn the experience and "exchange villagers".  There is much promotion on the Internet.  Many minorities become performers, tour guides, store owners and restaurant entrepreneurs. The chance of their getting moderately wealthy by 2020 is excellent."

Comment 4: "Thanks to many University Graduates joining the low rank officials.  They bring knowledge, technology and connections.  No citizen is allowed to be poor by 2020.  All the "to be helped" are in databases accessible for monitoring now.  The Village Officials are rated via examining such databases.  They can propose budgets and projects.  It is a Game Changer.  Government is not to collect taxes.  Government is to help the citizens richer."

Comment 5: "If I were rated by such a database, I would also try to be innovative and improve it.  My backup is not just my boss."

*** An Indian friend said: "Modi encouraged every citizen to have a bank account.  Money can be transferred electronically.  Government money can be deposited directly.  That plugged the corruption hole which could leak 30%.  Digital India will greatly improve the education level.  India is leapfrogging the telephone line and the credit card infrastructures."

Quote from: ltseung888 on 2017.09.18, 15:50:49
Game Changer at the Fishing Pond and its implications.

At the Fishing Pond I frequently visit, the bait supplied by the owners 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.)

Economist A: "These improvements can be considered as Meaningful Economic Activities. They can be thought out and implemented by the average."

Economist B: "Innovation can be earth shattering such as the ability to extract energy from Hot Dry Rock.  Innovation can also be as simple as introducing a new dish.  Anything that can help to improve the quality of life of citizens can be regarded as Meaningful."

Citizen A: "I can be an innovator too.  I just visited a minority race area. I proposed that their waiters and waitresses wear colorful costumes when serving.  I proposed that they should have a special logo on their products and gifts."

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.

*** USA cannot devalue the USD to make its products more competitive.  Once a currency is a Settlement and Reserve Currency, all Nations want to keep its value high.  If President Trump depreciates the Dollar or forces RMB to appreciate, the dominance of the Dollar will be over.  USA cannot just use the thin-air Dollar to purchase goods and services. 

*** Wall Street and the Crocodiles can use the dirty trick of attacking the Currencies via the unregulated Forex Exchanges or Casinos.  But will China and other Nations fall into the same trap again???

https://www.youtube.com/watch?v=kUrLAFXAB3k

How China is dealing the Minority Race Issue?

Official A: "I am in charge of helping the minority citizens in my district to become moderately wealthy by 2020.  Their average income is USD8,000 per annum now.  The goal is to increase that number to USD10,000 in two years.

Official B: "You have the database.  The Government is willing to deposit money directly into the Bank Accounts of the minority citizens.  What is the problem?"

Official A: "I want to do more Meaningful Economic Activities.  I want the minority citizens to feel self-confident.  I want them to feel that they earn the money via their own efforts.  The most popular approach is to turn the district to Tourist Attractions. I can spend money to build Top Notch Village Hotels.  I can train many citizens to performers, cooks, tour guides, store owners etc.  But I want to innovate."

Official B: "Use the Internet.  Have a Competition to get the best ideas."

When Officials are motivated in this way, how can China be poor?

*** http://www.oecd.org/social/promoting-a-fair-and-sustainable-welfare-system-in-china.htm

That speech in 2014 was outdated.  China started to focus on reforming its welfare system then but the pace is at "China Speed".  Every Citizen will be moderately wealthy by 2020?

*** Some comments from the OBOR seminar yesterday

Comment 1: "The progress of the West was due to technology.  Now the East is learning and catching up.  If there were no wars, the Asians, the South Americans and the Africans will catch up quickly.  The OBOR initiative will help." 

Comment 2: "Physics is Physics. India, Pakistan, North Korea etc. can learn Physics. They can build the nuclear bombs and missiles without outside help."

Comment 3: "The West thought that they could just print thin-air money and get China and other Nations to produce goods for them. They told the Asian Nations that export was the key.  But they passed on the technology - how to mass produce grain, clothes, household appliances, cars, sky scrapers, Internet etc.  The larger Asian population provided the Market.  Export was not necessary to provide economic growth.  India is a good example."

Comment 4: "The West promoted religion.  They said the life after this would be better.  But they do not believe it themselves. The missionaries provided many social services including schools, health care etc. at one time.  But now all such services are deemed government responsibilities. The Government is responsible to make life better for the citizens now - not in the next life."

Comment 5: "The West, especially USA, is responsible for the conflicts and regional wars - not the ISIS or terrorists.  Just hope that USA would not start another Korean War.  The World will be much more peaceful if the US troops go back to USA and make USA great again within USA.  They can make iPhones, movies and innovative gadgets.  Do not outsource.  Tell the Multi-national Companies not to make easy money by using the cheap labor of other Nations."

Comment 6: "Tell China to cut back its over-capacity.  Do not use the over-capacity to help other OBOR Nations rich.  Do not print thin-air RMB.  Stick with thin-air USD.  Send hackers to disrupt the Internet until people lose confidence in using it.  Tell farmers to use ox rather than tractors to plough the land.  Do not use fertilizers or insecticides."

Technology, technology and technology

What are the technologies that China and Allies can compete in the foreseeable future?
1.       Combustible Ice
2.       Hot Dry Rock Geothermal
3.       Biotechnology that will provide Food Security for all
4.       Energy efficient cities that will eliminate pollution
5.       Internet and ecommerce including cashless transactions
6.       Information Technology that will lift all Humans out of poverty
7.       Financial Technologies that will provide security for every Nation against Economic Wars
8.       Transportation Technologies covering roads, rails, planes, drones and other flying objects
9.       Space Stations and outer space travel mechanisms
10.   Military technologies that will deter any Nation from thinking about wars

The most important factor that may derail scientific and technological development is WAR.  China and all Nations must avoid wars of any form – including border disputes, ethic wars, regional wars, nuclear wars and economic wars.

It is fruitless to bottle up technology in this modern era. Nuclear weapon technology will be mastered by any determined Nation.  The better solution is win-win, plan together, work together and enjoy the fruits together.  The two camp competition idea may worth investigating.  USA and Allies in one camp.  Russia+China and Allies in another camp.  The competition is to get the Developing Nations rich.  Poverty and ignorance will disappear within one generation and all Humans can enjoy a good standard of living.

Quote from: ltseung888 on 2017.09.18, 15:50:49
Game Changer at the Fishing Pond and its implications.

At the Fishing Pond I frequently visit, the bait supplied by the owners 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.)

Went fishing again.  Apparently, most customers now use bread supplied by the owners as bait.  I caught over 100 fishes including 10 big ones in about 5 hours.  I ate a two pounder to reward myself.  It was delicious.

Innovation can be this simple.  You do not need to study for years to get a PhD to innovate.  Everyone in China is encouraged to innovate.  The many "minor innovations" will bring a higher standard of living and happiness.  I already enjoyed the innovation of others...

Retired life should be peaceful and fun.  Why would a 64 old retiree killed 50+ and injured 500+ in Las Vegas?

One explanation: USA brainwashed its people to be number one in everything. If you cannot be number one in GOOD, be number one in EVIL.

I have created the following blog outlining my retirement life in Hong Kong.  I doubt I would ever move back to USA.

https://lawrencetseung.wixsite.com/tannerhill-tenants/blog

https://www.youtube.com/watch?v=Kqn5iI35wEw

This is the opening speech of the China 19 Congress.  It is interpreted in English in real-time.  The talk was over 3 hours but for those interested in China, it was worth the time.

https://lawrencetseung.wixsite.com/tannerhill-tenants/single-post/2017/10/21/Money-Talks-9


Money Talks 9

October 21, 2017


A Sure-Win Business
 
There are some businesses that can be classified as sure-win businesses.  This is due to the fact that a Government can create money from thin-air and that a Government must increase the money supply for its citizens to become wealthy.
 
China does many infrastructure projects.  Thin-air money is given to many construction firms.  So long as these firms can perform, they can be treated as sure-win businesses.  They will always be paid.  The companies that supply the meals to their workers can also be treated as sure-win businesses indirectly.
 
The sure-win comes from the Trust in the Government and its ability to increase its money supply. 
 
One suggested sure-win business is for a Government backed Company X to invest in tourism related industries.  It can provide a Government X backed guarantee that no matter what happens, the investor can convert his shares to tour packages within Nation X.
 
The Investor wins as the risk of investment is reduced.  Company X wins as it gets the capital to develop the many projects.  Nation X wins as it is guaranteed  more tourists.  It is a win-win for all.  Is that a sure-win business?  Can a small Developing Nation take advantage of such an opportunity?

One important element in the Belt and Road Initiative is Exchange Rates.  There are many countries involved.  Should all trade be based on USD?

China's answer is NO.  China is using Currency Swaps and other techniques.

Attached is a Forex Trading Technique in Chinese.