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1.10.20 Investment and reward: Long term. National debt repayment
Harry Potbelly Lord of the Onion Rings as Director of the Human Race and Manager Planet Earth commands and Andronicos "The Cynic" responds as follows.........
When East and West Germany became "one" Sovereign tribe in 1989 substantial investment was needed. To make the World "one", will also need massive finance. The investment, which I estimate to be 2 trillion dollars is not written in stone. I await the various business plans which I have assigned to the "big 5" accounting firms to complete for me. It may be more. Whatever the amount, loans guaranteed with the individual assets of the large public corporations is acceptable. In a recent study 5 trillion dollars in lines of credit were available for use by corporations. Needless to point out, they will pay the interest if they select this option. Of course, not all the capital will be required at first. Some won't be needed until the end of the decade, so don't worry about cashflow. Additionally, stock inventory in lieu of cash may be acceptable in certain cases. Whatever way large corporations will use to fund their War Bonds1, it is worth noting that War Bonds will be a liquid commodity which can be sold at any time. Stock markets will reflect the minute by minute price and my advice is don't sell, always buy as many as you can2. Rich Sovereign tribes are directed to borrow money so that they can also invest in these War Bonds. But its up to each individual tribe to decide how these loans will be funded. Perhaps the proceeds from my Robin Hood patented invention (refer to section 6-20) initiative will be used to pay the interest. I direct that no personal taxation be increased for this purpose unless more than 70% of the population agree. Whatever the method, the return on investment will eventually not only pay off the loans which bought the War Bonds in the first place but actually potentially pay off a Tribe's entire national debt!
1 I will use the expression "War Bonds" throughout this book to denote the above monetary instrument for investment. The actual technical term is an "Open ended loan bond gilt repayment derivative". 2 Public companies should get the advice of an independent expert before investing in more War Bonds than I request them to buy.
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