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Open Letter to the President of China Xi Jinping
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Embrace the New Theory of
Science of the Universal Law and Save China From the Imminent Collapse
of the World Economic and Financial System
Georgi Stankov, December 15, 2017
Dear Mr. President Xi Jinping,
The world is at a crossroads and does not know anything about it.
China, as the biggest nation and economy in the world, is also at a
crossroads and you and your government know it very well. What you may
not know is that this year of 2018 is the year of ultimate decision.
Please allow me to summon the role of China in the world that is, no
doubt, better known to you than anybody else, but, since this is an open
letter that will be also read by the Chinese people, some of them may
not fully realize this fact.
Officially, China is considered to be the second biggest economy in
the world behind the USA and it is generally assumed that it will
surpass the US GDP in 10 to 20 years according to the experts. This is
definitely not true. China is already the biggest economy in the world by far and large and this brings about a great responsibility for you and your country.
The US real GNP is $17.2 tn, while China GNP is given as roughly $11
tn in 2017. However, these numbers are based on the actual prices of the
goods produced in these countries and the prices in the USA are hugely
inflated. Therefore this kind of comparison is misleading, because
things cost different amounts in these countries. Gross domestic product
(GDP), respectively real gross national product (GNP) is supposed to
measure the amount of real commodities – cars, machines, phones,
financial and healthcare services, and so on – that a country produces
and offers. If the same phone costs $400 in the U.S. but only $200 in
China, China’s GDP is getting under-counted by 50% when we measure at
market exchange rates.
When a proper adjustment, called purchasing power parity (PPP), is
made for the relative prices in the two countries we acquire a more
accurate picture of the power of the two biggest economies. And here,
China has already surpassed the USA by far and large according to the World bank estimation. For 2016 the real economic power of China was calculated to be almost $22 tn compared to $18 tn for the USA.
It is a well known fact that the US GDP is a product of “creative
accounting”, which is another word for statistical fraud and does not
reflect the true economic power of this country. The keepers of US
economic data at the Bureau of Economic Analysis have introduced a
number of items in their calculation, such as potential Hollywood royalties,
student loans, fiscal and other debt, and so on, which not only have no
practical value, but in most cases are heavy debt and liabilities to
the US economy. Only the student loans in the USA account for $1.2 tn,
which is almost twice the GDP of Australia and it is officially known
that 80% of these loans cannot be repaid as the Americans are broke and
the real unemployment is 30%, while much higher among young graduates,
with no qualified, well-paying jobs in sight.
Most of this fraudulent accounting practice was introduced after the
big financial crisis in 2008 which is still ongoing in the USA and has
led, in my opinion, to the Greatest and Longest Depression
in the USA in order to cover up this bitter truth. When GAAP (generally
accepted accounting principles) is applied to the US GDP, it can be
shown that more than 1/3 of it consists of debt and liabilities that not
only have no practical economic value, but hugely hamper the economic
growth. For instance, while the industrial sector where true value is
created accounts for less than 10% of US GNP, and the agricultural
sector barely 2%, the unproductive, tertiary financial sector which, to
the general acknowledgement of all serious financial experts, is one
giant Ponzi scheme and comprises 40% of the GDP. The US fiscal
(government) debt increases currently by more than $1.5 tn (9% of the
GNP) each year and totals more than $20 tn. Every 60 cents of one dollar
of tax revenues go to repay the interest of the fiscal debt of the USA.
This debt is created by printing money out of thin air by the FED and
sold to the rest of the world as US bonds. China alone possesses $1.2 tn
US bonds that have actually no value.
Indeed, China needs this investment for strategic reasons as much of
its unprecedented economic growth has been generated in trade with the
USA. The US trade deficit hit an all-time high in 2017 with $566 billion
and the USA-China trade deficit jumped 8.1% to a record $375.2 billion.
This fact alone shows that the USA is a much weaker economy than China
as it produces and exports very little. China on the contrary has become
the manufacturer of the world.
Why do I discuss so painstakingly this economic data? Because I want
to make clear that China is not only the country with the biggest
population in the world, but already the biggest economy and thus your
government bears a huge responsibility not only for its citizens, but
also for the rest of the world.
China has performed the most miraculous economic growth in the entire
history of humanity that has allowed more than 700 million Chinese to
escape poverty and enjoy modest prosperity or real wealth after a
devastating civil war and no less devastating purges and suppression
during the Cultural Revolution, under which your family and you
personally have suffered a lot. This was achieved within one quarter of a
century, while the much appraised Industrial Revolution in Europe and
later on in the USA in the 20th century brought only welfare to about
200 – 300 million people within a prolonged period of one century. China
has developed its unique economic model based on the economic reforms
of your far-sighted leader Deng Xiaoping, while preserving the unity of
the nation and with respect to the long standing Chinese tradition of
family stability, care and true human values, which have been eroded in
the west for political (neo-liberal) reasons.
It is remarkable that China has no Nobel Prize winner in economics,
while being the most successful and dynamic economy in the world, with
the highest growth rates for decades, while the USA has several dozens
Nobel Prize winners who have established all kinds of economic
teachings, such as Keynesianism, monetarism, neoliberalism and numerous
other “-isms” that have profoundly destroyed the economy of the USA with
their reckless experiments. This shows that modern western economics is
just as fake as is the mainstream media news.
All accusations of the West that China is not a liberal and open
society are likewise false and prejudiced and only conceal the fact that
currently censorship in Europe and the USA is thriving to new heights.
As I do not speak Chinese, I cannot comment on the political discourse
in your country, but I speak Russian and some other Slavonic languages
and follow the discussions in Russia which has a similar post-communist
history as China and can confirm that they are more diverse, open and
free than anything in the “lies press” (Luegenpresse, word of
the year in Germany) in the west. There are many and serious reasons for
this new reversal in human rights and liberties in the west, which I
will not discuss here, but they are inherent to my ideas I would like to
share with you in this open letter.
China has already become economically the No. 1 world power and has
shown remarkable restraint and respect for international law in its
peaceful foreign policy towards other nations. This is in sharp and
positive contrast to the reckless hegemonic foreign policy of the USA
conducted from the position of self-proclaimed exceptionalism that has
led to aggressive invasions and destruction of numerous countries the
world over. It is a continuation of the imperialistic policy of the old
European powers that destroyed China with their opium wars and were also
responsible for the civil war in China that caused so much suffering to
the Chinese people. Their aim was to suppress China and prevent its
inevitable growth to a world power which your country managed to achieve
against all odds.
Now is the time for this proud nation to recognize its leading role
in the world and confidently stride new pathways of evolution. There is
no need to follow the example and practices of the “advanced” West in
science, economics, politics and finance as they have lost their power
and meaning a long time ago.
In fact, neither western science nor its economic ideas and policies
have been based on universal truths and sound principles and therefore
cannot be used by other emerging countries to promote real progress.
China has copied much of these ideas to foster its economic growth and,
while they have worked in the past, it can no longer rely on them in the
near future. History of mankind teaches us that pure economic growth is
very fragile and the occurrence of sudden crises can destroy decades,
even centuries of economic growth and progress.
China is a glaring example in this respect. For many centuries it was
the most civilised and developed country in the world – the centre of
the world – only to fall prey to western imperialism in the last two
centuries and be humiliated by powers of inferior civilisation. This
fact should be clearly stated at this place, so that there is no
misunderstanding on this issue: The aim of this reckless hegemonic
policy, be they the old European imperialistic powers, Japan or now the
USA, which meddles in the South China Sea and creates havoc in the
Korean peninsula, is to suppress the development of China to a world
power and to reclaim its natural place as the leader of the world.
However, no nation can preserve its wealth and prosperity if it is
based on naked materialism and neglects the spiritual principles and
ethical values that are in the core of human life and represent the
sanctity of any sentient existence. While China may look back to a long
glorious philosophical and spiritual tradition, it is now urged to enter
new uncharted territories which no nation has explored so far.
You as an insightful leader has understood this necessity better than
many other politicians and your daring project “the new silk road” is
already a huge step in this direction that will not only unite in a
peaceful way Eurasia but will also bring prosperity to all nations when
accomplished. That is why the USA wants to prevent this project with all
means by stoking wars and conflicts in Central Asia, in the Middle East
and in South East Asia. These are the mortal throes of a dying former
hegemon that is now in a state of total disarray and is most dangerous.
If China wants to preserve its success and prosper in a peaceful world,
it must show incentive, intellectual courage and go in completely new
innovative pathways.
Your predecessor Deng Xiaoping, who like you and your family suffered
much under the persecutions during the Cultural Revolution, knew very
well that only bold ideas can change such a big country as China and
rescue it from its deliberate impoverishment. At that time nobody
believed that he would be successful and I very well remember the ironic
and condescending comments in the West on his endeavour to reform
China. He, actually the Chinese people, proved all the critics to be
wrong and this should be a great motivation for your nation to dare even
more in this crucial year of 2018 when the destiny of the entire
humanity will be at stake.
Mr President, you, like me belong to the post-war generation ( I am
two years older than you) and we both have grown up under communism and
have experienced personally the hardships of its brutal dictatorship.
When you were 15 years old, your father was jailed during the Cultural
Revolution and you were arrested and sent to do hard labour in the
countryside. Likewise, the communists executed some of my family members
as class enemies after they usurped the political power in Bulgaria in
1944, sent other relatives in concentration camps and persecuted my
family as bourgeois class enemy. While you were in a work camp, I was a
political dissident in Bulgaria and organized the first flying universities as
I knew already at that time beyond any doubt that only human ideas
based on truth, freedom of the individual, and an intimate knowing of
who we really are can bring progress to the human race. Hence, we both
know how easily mankind can fall into the abyss of human darkness and
what responsibility lies on our shoulders to save it from its perennial
wars and destruction.
While you have dedicated your life to ensuring the prosperity and
progress of your great and rightfully proud nation, I have dedicated my
life to saving humanity and transforming it to an advanced civilisation.
For this purpose I have chosen the pathway of science, intellectuality
and truth and have made the greatest achievement in the history of
mankind – the discovery of the Universal Law of Nature and the development of the new theory of Science.
It will bring infinite prosperity to the entire mankind and the
introduction of new advanced technologies of dazzling possibilities that
will transform this planet to a paradise. This is not a distant utopia
but will become reality this year and that is why it is urgent to
address this issue and make you aware of it.
Please, bear with me that I cannot discuss in this letter all the
ramifications and consequences that arise from this epochal discovery
for science, technology, economics and society, as I have discussed it
in 15 books and more than 3,000 articles. But I can assure you that the
nation, which first implements the new theory of the Universal Law in
its national education programs, will lead the world and will profit
immeasurably from this bold act.
I have the impression that the Chinese people are very intelligent
and proficient people who almost always excel when competing with other
nations under equal conditions. They have an excellent education in
science, physics and mathematics, and are eager to learn new content. At
the same time their minds are not so distracted by weird modern
theories that have been developed in the west in the last several
decades and are not only wrong, but completely obfuscate the truth about
human existence.
For instance, it is generally acknowledged that physics is the most
exact natural science and that everything it says and postulates is
true. I have proved beyond any doubt that all fundamental concepts in
present-day physics are profound blunders, so that this entire science
is fake. It prohibits the understanding of the nature of energy, while
at the same time it is a discipline that deals exclusively with energy
interactions. My latest book
on the new physics of the Universal Law, which I published in English
on June 1, 2017, is now being translated into Chinese and will be
published very soon. There I discuss some of the major blunders of
present-day physics and explain why scientists have failed to develop
new technologies based on anti-gravity and superconductivity that will transform human life for the better, for ever.
China has reached the limits of its extensive economic growth. The
final and irreversible financial crash has commenced last week (Feb
2018) in the USA and in the west. It will soon lead to the total
collapse of the postwar transatlantic economic and financial order and
will also affect profoundly China, whose economy is closely intertwined
with the EU and North America. Since current stability of social order
in China is only guaranteed by constant economic growth, an impending
world crisis may deeply affect the political situation in China and
jeopardize its past successes. The only way to avoid this negative
scenario is to make a leap in confidence and accept my proposal.
Let your best scientists prove the validity of the new theory of the
Universal Law. I can assure you that they will come to the only possible
conclusion – that it is true, while past science should be thrown into
the dustbin of history. I have made this offer numerous times to Western
universities, scientists, and politicians, but to no avail. There is so
much hubris and arrogance today that it is impossible to lead an open
and professional discussion in the west. Let us hope that this is
possible in China, all the more as this is the only chance your country
has to prevent a massive crisis when the western financial and economic
structures crumble and the world consumption enters a deep and prolonged
slump as is the case here in Canada since several years.
Herewith, I would strongly recommend you to summon a panel of top
scientists in China to study the New Theory of the Universal Law as
published on my website
and make their final verdict. I am at their disposal at any time and I
stand ready to answer their questions. When they make their final
verdict, which can only be that it is the only true science of humanity,
I am ready to come to your country and help establish the first
universities and faculties that will teach this new revolutionary theory
and help implement it in all schools throughout your country. Given the
proficiency of your compatriots, it will be done within a very short
period of time and then China can launch into orbit and become an
advanced civilisation of cosmic proportions, as this is planned for a
portion of humanity, for its best and most evolved representatives, in
the course of this year.
I wish you and your country the success it deserves and peace for the entire humanity where China will play a decisive role.
With best regards
Dr. Georgi Stankov
Vancouver, Canada
Munich, Germany
Plovdiv, Bulgaria
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