Non-participation bonds
This isn’t exactly a new concept, but I like the name. The idea is that a new business that needs start-up capital issues bonds. Like other bonds, they have an expiry date an an interest… Read More »Non-participation bonds
Debt
Ending Personal Debt
Two words that would have (almost) the whole planet celebrating, if we could pull it off. Debt has been a very useful tool for growing the economy and society, and has been a fundamental aspect… Read More »Ending Personal Debt
Imagine a World Without Debt…
Financialisation is taking over. It actually doesn’t achieve anything, except for shifting money from A to B. It is a trickery that nobody involved should be proud of. Debt – we don’t even question it… Read More »Imagine a World Without Debt…
Debt and Rent
On the news this morning a commentator was saying that in many shopping malls there is an impasse. Stores who cannot operate (in Melbourne) are refusing to pay rent. The mall owners would ordinarily evict… Read More »Debt and Rent
Corporate Duty vs COVID-19
As we well know, corporations have a primary duty to protect and improve shareholder value, regardless of anything (except the law, unless that can be rationalised monetarily). And is a problem in a pandemic –… Read More »Corporate Duty vs COVID-19