CHINA now has total immunity to the Global Financial Crisis and any other economic effects
Although several of the SE Asian economies have been severely hit by the economic downturn (which will actually be seen as a relatively short period in 10 years time), China now appears to be immune to its effects. For the first time in it's history the Chinese economy now has 'officially' the unique distinction of having the 'highest' Growth rate and the 'Lowest' Inflation rate in the world. The Foundation's assertion is born from the fact that as the world proceeds into recession in 1999 more multi-nationals and most other small/medium sized companies will switch to China to have their goods produced and stay competitive with their very reduced order books that they possess. The shareholder driven 'Western' economies will have no alternative if they are not to lose face with their investors. If compounded reductions in shareholder dividends and possible entrenched losses are allowed to occur, those businesses will not exist in a mere five years time. They will either have gone to the wall or will have been swallowed up by much stronger predator corporations. This latter scenario does not fair well for the world's people as the more these large concerns consolidate, competition will decline allowing for less selective power which inevitably drives and leads higher costs for the consumer. The Foundation predicts that by the year 2010 the world's present 200 largest concerns will have consolidated to around 120 placing nearly half the world's trade in the hands of a powerful few. Such power will fuel further unrest in the future world and make for a more volatile environment where some corporations will in a further 20 to 25 years time possibly become as large as an equivalent British economy in their own right. When commercial power exceeds sovereign power the determinants change to such an extent that businesses dominate in totality the political decision making process, whether said in the open or behind closed doors.
Currently manufacturers and service providers in Britain can employ 22 Chinese workers for the same price as one average British Worker and the United States can employ 31 Chinese workers for one average American worker. This parity will not change for at least two decades, if at all, as China's economy grows and becomes the largest on Earth whilst the rest of the industrialised nations go into economic decline in comparative but nonetheless, real terms. The Foundation further predicts that the largest companies in the world in 25 years time will not be the Microsoft's nor the GE's of the present world but companies that are just starting their economic cycle within the next 5 years or so based solely on new technologies. Indeed, the Foundation is charged to help these new global industries to evolve and give great wisdom and council to them wherever possible. This will in time be attained through the world's most creative and inspirational people, the growing Membership of the WIF. In this way, 'direction' to provide a better world for 'all' future generations will be possible. Indeed, without this impetus, the next century will be dominated by extreme conflict, famine and great suffering. We as a Foundation and as a growing collective body of some of the world's wisest, most creatively enriched scientists and above all humanitarians, cannot let this happen. The world’s people have suffered greatly over the last 100 years and throughout the new millennium we have to find ways to resolve mankind’s most pressing domestic and global problems. That is if harmonisation of a world working together is to develop successfully.
Dr. David Stuart Hill
Chief Executive
World Innovation Foundation
Huddersfield, UK
8 December 1998
China’s Perceived Military Intentions?
The Pentagon is now highly concerned by China’s modernisation plans for it’s military machine and predominantly that of their ‘Star-Wars’ research that they say in time will be capable of knocking-out the ‘West's strategic intelligence gathering satellites. In any future world conflict or isolated theatre of war, these satellites would be vital for peace and military supremacy. WIF Trustee Arthur C Clarke is the conceptualist of all satellite communications technology, which in part keeps the world at peace.
The Sorry Story of Bureaucratic Britain and the Rules of Engagement
When great discoveries happen which radically change the basis of known knowledge, the great institutions treat them with great scepticism, not worthy of scientific discussion or involvement. So has it been since the beginning of time with entrenched views and concepts, the accepted way of thinking and unfortunately the vested interests syndrome. Indeed, as only two examples of many, even the very greats' of science and invention Faraday and Edison were ridiculed as charlatans and tricksters by those who wanted to preserve the status Quo in their days. We have a similar situation with one of our Members. Dr. Can Xuan Luong is Vietnam’s foremost expert on 'Hard' drug rehabilitation, but even though he is revered in his own country for the immense good he has done for their people, the British National Health Service, Keith Hellawell the drugs czar and one of Britain's hardest hit cities Glasgow, do not even entertain his involvement in stemming the UK's growing drugs problem. There attitude appears to be, we know what we are doing and why should a man who cures 60% of his patients for ever in Vietnam know more than we do. The simple fact is that he does as Vietnam’s drug problem goes back centuries unlike in the ‘West’, where it is predominately a 20th century phenomena. Bureaucracy and self-interest in Britain as well as anywhere else in the world stifles innovative methods to the detriment of all people. What is more astonishing is that Dr. Luong's revolutionary methods are conducted in wooden huts with very little western instrumentation (Dr. Luong receives the equivalence of US$8 dollars per week to feed and clothe himself and his family) and the costs are tiny in comparison with the Billions it now costs the 'Western' economies to provide their mediocre and impotent methods of attempting to stem the tide. Open minds are what makes great discoveries turn the world into a far better place to live. It therefore now appears that those who are now in control of the drugs rehabilitation process in Britain clearly have 'closed minds' and their thinking will not effect the growing advance of human suffering and despair that they are empowered to negate. Even though the Foundation has offered help to these Government driven initiatives some have not even had the decency to reply and which in the Foundation’s eyes is the highest level of contempt that anybody can outwardly exhibit. The sooner the British government gets to grips with their hugely financed providers(through tax-payers funding) of these non-performing co-ordinating bodies who do not entertain 'Scientific Discovery' the sooner some good news will come from the whole sordid affair which in time will be the 'West's most menacing enemy. If therefore any of the Members can help in bringing Dr. Luong to either Britain, the USA or any other country to provide and develop his revolutionary work the Foundation would be extremely pleased to hear from them. As the authorities and Institutional Science in Britain do not wish to know of Dr. Luong's revolutionary medication, the Foundation has as a starting point posted to Dr. Luong a camera and several films to photograph his path-finding work.
Over a matter of time, the Foundation hopes to make those who do not wish to listen now, to listen in the future. This is not for financial gain, but in the interests of future mankind in helping to eradicating this scourge of all scourges that literally sits on the Gates of Hell awaiting to engulf us all. Indeed, it is now widely accepted that hard drugs are the cause of the escalating ‘serious’ crime in the ‘West’, with all the ramifications that it imposes on families and lives.