How do we choose our first battlefield? The first skirmishes should be conducted in the Philippines. Why? First, this blog writer has spent almost forty years researching and analyzing the Philippine rich-poor gaps and their causes. Among the fruits of the efforts are world billionaires’ wealth-making tactics.
World elites have used very effective large-scale entrepreneurial tools to keep themselves atop the world’s wealth and power pyramids. All of the tools are familiar to managerial employees: large-scale entrepreneurship, joint ventures, state aid, capital markets, research and development, corporate groups, world markets, milking cow banks, and business cultures.
The logic thereby asserts itself: why can’t employee and managerial masses as large entrepreneurial groups simply copy the elite’s proven big-business ways? The skilled masses’ success will create billions of jobs for the bottom classes, who may thence join the perpetual corporate formation movement until all of the poor get redeemed.
This entire blog details such strategy as applied to the Philippines. If millions of the world’s employees and managers teamed up and invested capital, skills, contacts and credit worthiness together with their Philippine counterparts, the result can only be thousands of corporate joint ventures rising all over the Philippines each year.
Concurrently, if the Philippines’ 30 million-strong employee and managerial masses used mass voting potential to control state, they may force passage of laws that facilitate and perpetuate mass entrepreneurship in the country. One such law may channel ten percent of taxes and state bonds towards entrepreneurial loans to thousand-employee ‘investment unions.’ The condition: use the loans to set up joint ventures with foreign companies.
Joint ventures generally quadruple local capital thru foreign investments and machinery loans. Hence, the state’s say P200 billion in yearly mass entrepreneurship loans may create thousands of joint venture companies worth P800 billion each year. At this scale of corporate formation, it will not take long before all 68 million or so Philippine poor (56 million of them Elementary level) get employed in jobs that afford good education, which lead to permanent middle class incomes.
Our anti-poverty cyber army’s success in the Philippines should enhance its confidence to conduct similar campaigns in one 3rd World country after another. Conversion of billions of poor into high-earning employees and ‘mass entrepreneurs’ will create a constantly growing world market for all the world’s businesses. Business prosperity worldwide will further speed up liberation of ‘les miserables’ to turbo rates.
So how do we start the first Philippine skirmish? The next articles break down the author’s Philippine anti-poverty tactics to chewable portions. An international cyber army’s help is critical to the schemes. The motivators for all warriors are what we all want: great friendships, fun and adventure in tropical paradises, acquisition of wealth, and a happy, fulfilled spirit on earth and thereafter.
Thursday, November 27, 2008
Wednesday, November 26, 2008
Poverty & Recession Slayers: New Investments in the 3rd World
Economic recessions and crises are inevitable. Recessions are really thousands of companies undergoing business cycles that go on the downswing at relatively the same time. Even in business, what comes up must come down. There is never a permanent up!
What’s the major pulling force? The culprit appears to be market saturation. A point will always be reached when buyers can buy no more. Here are two bare bones examples:
First: The Asian crisis of 1998 started out as over twenty years of US prosperity. East Asian tiger economies (Hong Kong, Taiwan, Singapore, Korea) rose to the 1st World by riding the US prosperity horse for more than two decades.
The four tigers exported immense quantities of consumer goods to the USA. Less-developed neighbor countries followed suit at much smaller volumes. Example: mid-1990s yearly Philippine exports: $15 billion, Singapore, $102 billion. European and US investments and short-term loans poured into the tigers and kept them roaring. By 1996, Western investments in the Pacific Rim except Japan amounted to $720 billion in short term loans circulating mainly among the tigers.
Unfortunately by mid-1990s the US consumer market was close to saturation. The indicator: major declines in US imports from East Asia. By 1997 export-dependent Southeast Asian and tiger companies could no longer repay their short-term loans. Voluminous short-term loans that built thousands of building high-rises could not be paid either.
In a panic, Western financing companies stopped lending altogether and repatriated all collections back to the West. $105 billion in East Asian investments and loans flew back to Europe and the USA within just one year.
Deprived of rollover funds, major Pacific Rim companies nearly collapsed. Their thousands of suppliers followed suit. Dollars became so scarce that Asian currencies depreciated by as much as 90% of pre-crisis exchange rates. Most East Asian economies were import-dependent so local prices shot up. The region lost millions of jobs.
Over 20 million Southeast Asians who had risen to the middle classes reverted to $1 a day poverty. The IMF had to rescue the region thru $100 billion-plus in loans. Asian conglomerate operators sold entire companies to Western investors to raise new dollars.
Fortunately China was then a rising market. The tigers rebounded by selling to China and to remaining Pacific Rim middle classes thru generous credit card lending. The tigers’ less-developed neighbors Indonesia and the Philippines took a lot longer to recover. Today the two countries have stuck it out with the 3rd World. The Philippines is now even worse off. It’s now within the top five among 3rd World countries with the most people suffering from hunger, according to recent surveys.
Second crisis exemplar: The current worldwide economic recession, appears to have been triggered by market saturation (again). Since the 1950s the entire world has been pouring money to the USA for reasons of safety and good returns. Most of the money ended up in the hands of investment companies, and they used the trillion-dollar sums in stock market speculation (gambles). A major part of some $270 trillion in yearly stock market and financial trades in end-1990s were handled by US investment companies.
Such speculation to excess can only mean two things: (1) manufacturing and service companies have little need of new loans and investments; (2) entrepreneurship for production has not caught up with entrepreneurship for finance.
Indeed when ‘gambling’ returns is greater than production returns, most money will go to gambles and yield mainly paper wealth. It would appear that US companies’ markets were again nearing saturation. All of East Asia plus old Europe had been eating away at large chunks of US corporate markets.
Lately much of the gambles financed buying and selling of billion-dollar bunches of collateralized housing loans in statewide USA. The assumption was that house buyers could pay. Unfortunately large numbers of them could not. It was an obvious indicator that employees’ sources of income (US companies) were not as prosperous as before. East Asian and European competition had been too effective.
Again this can only indicate saturated US markets. When entire states’ housing borrowers defaulted, their train of lenders and buyers of securitized loans collapsed in near-bankruptcy. Construction companies, their suppliers and the stock market followed. As finance dried up, every US company and its mascot had to tighten their belts.
The US government had to come to the rescue. So far, from $700 billion to several trillion dollars in rescue funds are deemed still not enough. Reason: much of the 1st worlds’ industrial markets have plunged into the downswing together with the US financial markets.
Why the world-scale contagion? The US is the world’s largest buyer-producer economy at around $5-7 trillion yearly GDP this past decade. Japan was next at around $3-5 trillion, but most Japanese production went to US markets. Major chunks of East Asian production are still dependent on the US market. So is Chinese production. European markets are diverse but major portions are still US-reliant.
Even world finance is dominated by the USA, and around 96% of the world’s $100 trillion or so in investment funds circulate within the USA and the rest of the 1st World. The 1st World has largely been selling, buying, investing and lending to itself, although it is peopled by less than a billion consumers. The rest of humanity, five billion people, enjoy just wisps of world capital and depend on tiny local markets. No wonder the 1st World is market-saturated. No wonder a mere US marketing or financial cough can send millions of 3rd World peoples to the hunger line.
What are the key words to all these? It’s saturated markets! What’s the logical solution? Create new markets! Where? Obviously not again in the 1st World where buyers can buy no more.
Instead of pouring more trillions of dollars to market-saturated 1st World companies, 1st World governments and businesses must create new companies in the 3rd World! How? World governments have to introduce the idea of mass entrepreneurship among 3rd World employee and managerial masses.
3rd World Philippines alone has 30 million or so employees and managers. If these business skills formed thousand-member investment unions, a million profitable business joint venture ideas can easily flower. If world governments lent 20-year entrepreneurship loans to 3rd World investment union members on perpetual basis, the joint venture ideas will become perpetual realities.
Joint ventures quadruple local capital thru foreign investments and loans. Hence, say $20 billion in yearly entrepreneurship loans to Philippine employees and joint venture companies can create thousands of large-scale corporations worth $80 billion each year!
$40 billion of the amount will become sales by 1st World makers of machinery and equipment, and interest-earning loans by 1st World financing companies. $20 billion will represent dividend-earning investments by 1st World joint venture partners. The remaining $20 billion will ultimately become stock shares in the hands of ordinary Filipino employees.
Half of resultant profits will go to foreign joint venture partners. The remaining half of profits will flow among Filipino masses, not local elites as usual. Of course the new ‘billion-dollar’ masses become huge markets for all companies involved, on perpetual basis.
Perpetual joint venture formation of this sort will gradually absorb 68 million Philippine poor into high-salary employment. The newly-employed will qualify for entrepreneurship loans. Creation of jobs and wealth among the masses goes geometric. Iterations of the Philippine model all over the 3rd World will ultimately create a five billion-strong market for consumer and producer goods for all world companies.
Five billion entrepreneurial minds (a consequence of investment union formation) will produce countless new products and technologies. The innumerable purchasing choices will mean minimal market saturation for all companies for all time.
Any company that experiences grave sales downturns may easily shift to more salable and profitable product lines because the markets are so huge and production choices and technologies so many. The long term consequence: humanity no longer subject to grave economic crises and recessions that perpetuate mass poverty.
How may the grand visions become reality? The tactics described are populist and political. We need to fight propaganda battles, each cyber general to his own area of operations!
What’s the major pulling force? The culprit appears to be market saturation. A point will always be reached when buyers can buy no more. Here are two bare bones examples:
First: The Asian crisis of 1998 started out as over twenty years of US prosperity. East Asian tiger economies (Hong Kong, Taiwan, Singapore, Korea) rose to the 1st World by riding the US prosperity horse for more than two decades.
The four tigers exported immense quantities of consumer goods to the USA. Less-developed neighbor countries followed suit at much smaller volumes. Example: mid-1990s yearly Philippine exports: $15 billion, Singapore, $102 billion. European and US investments and short-term loans poured into the tigers and kept them roaring. By 1996, Western investments in the Pacific Rim except Japan amounted to $720 billion in short term loans circulating mainly among the tigers.
Unfortunately by mid-1990s the US consumer market was close to saturation. The indicator: major declines in US imports from East Asia. By 1997 export-dependent Southeast Asian and tiger companies could no longer repay their short-term loans. Voluminous short-term loans that built thousands of building high-rises could not be paid either.
In a panic, Western financing companies stopped lending altogether and repatriated all collections back to the West. $105 billion in East Asian investments and loans flew back to Europe and the USA within just one year.
Deprived of rollover funds, major Pacific Rim companies nearly collapsed. Their thousands of suppliers followed suit. Dollars became so scarce that Asian currencies depreciated by as much as 90% of pre-crisis exchange rates. Most East Asian economies were import-dependent so local prices shot up. The region lost millions of jobs.
Over 20 million Southeast Asians who had risen to the middle classes reverted to $1 a day poverty. The IMF had to rescue the region thru $100 billion-plus in loans. Asian conglomerate operators sold entire companies to Western investors to raise new dollars.
Fortunately China was then a rising market. The tigers rebounded by selling to China and to remaining Pacific Rim middle classes thru generous credit card lending. The tigers’ less-developed neighbors Indonesia and the Philippines took a lot longer to recover. Today the two countries have stuck it out with the 3rd World. The Philippines is now even worse off. It’s now within the top five among 3rd World countries with the most people suffering from hunger, according to recent surveys.
Second crisis exemplar: The current worldwide economic recession, appears to have been triggered by market saturation (again). Since the 1950s the entire world has been pouring money to the USA for reasons of safety and good returns. Most of the money ended up in the hands of investment companies, and they used the trillion-dollar sums in stock market speculation (gambles). A major part of some $270 trillion in yearly stock market and financial trades in end-1990s were handled by US investment companies.
Such speculation to excess can only mean two things: (1) manufacturing and service companies have little need of new loans and investments; (2) entrepreneurship for production has not caught up with entrepreneurship for finance.
Indeed when ‘gambling’ returns is greater than production returns, most money will go to gambles and yield mainly paper wealth. It would appear that US companies’ markets were again nearing saturation. All of East Asia plus old Europe had been eating away at large chunks of US corporate markets.
Lately much of the gambles financed buying and selling of billion-dollar bunches of collateralized housing loans in statewide USA. The assumption was that house buyers could pay. Unfortunately large numbers of them could not. It was an obvious indicator that employees’ sources of income (US companies) were not as prosperous as before. East Asian and European competition had been too effective.
Again this can only indicate saturated US markets. When entire states’ housing borrowers defaulted, their train of lenders and buyers of securitized loans collapsed in near-bankruptcy. Construction companies, their suppliers and the stock market followed. As finance dried up, every US company and its mascot had to tighten their belts.
The US government had to come to the rescue. So far, from $700 billion to several trillion dollars in rescue funds are deemed still not enough. Reason: much of the 1st worlds’ industrial markets have plunged into the downswing together with the US financial markets.
Why the world-scale contagion? The US is the world’s largest buyer-producer economy at around $5-7 trillion yearly GDP this past decade. Japan was next at around $3-5 trillion, but most Japanese production went to US markets. Major chunks of East Asian production are still dependent on the US market. So is Chinese production. European markets are diverse but major portions are still US-reliant.
Even world finance is dominated by the USA, and around 96% of the world’s $100 trillion or so in investment funds circulate within the USA and the rest of the 1st World. The 1st World has largely been selling, buying, investing and lending to itself, although it is peopled by less than a billion consumers. The rest of humanity, five billion people, enjoy just wisps of world capital and depend on tiny local markets. No wonder the 1st World is market-saturated. No wonder a mere US marketing or financial cough can send millions of 3rd World peoples to the hunger line.
What are the key words to all these? It’s saturated markets! What’s the logical solution? Create new markets! Where? Obviously not again in the 1st World where buyers can buy no more.
Instead of pouring more trillions of dollars to market-saturated 1st World companies, 1st World governments and businesses must create new companies in the 3rd World! How? World governments have to introduce the idea of mass entrepreneurship among 3rd World employee and managerial masses.
3rd World Philippines alone has 30 million or so employees and managers. If these business skills formed thousand-member investment unions, a million profitable business joint venture ideas can easily flower. If world governments lent 20-year entrepreneurship loans to 3rd World investment union members on perpetual basis, the joint venture ideas will become perpetual realities.
Joint ventures quadruple local capital thru foreign investments and loans. Hence, say $20 billion in yearly entrepreneurship loans to Philippine employees and joint venture companies can create thousands of large-scale corporations worth $80 billion each year!
$40 billion of the amount will become sales by 1st World makers of machinery and equipment, and interest-earning loans by 1st World financing companies. $20 billion will represent dividend-earning investments by 1st World joint venture partners. The remaining $20 billion will ultimately become stock shares in the hands of ordinary Filipino employees.
Half of resultant profits will go to foreign joint venture partners. The remaining half of profits will flow among Filipino masses, not local elites as usual. Of course the new ‘billion-dollar’ masses become huge markets for all companies involved, on perpetual basis.
Perpetual joint venture formation of this sort will gradually absorb 68 million Philippine poor into high-salary employment. The newly-employed will qualify for entrepreneurship loans. Creation of jobs and wealth among the masses goes geometric. Iterations of the Philippine model all over the 3rd World will ultimately create a five billion-strong market for consumer and producer goods for all world companies.
Five billion entrepreneurial minds (a consequence of investment union formation) will produce countless new products and technologies. The innumerable purchasing choices will mean minimal market saturation for all companies for all time.
Any company that experiences grave sales downturns may easily shift to more salable and profitable product lines because the markets are so huge and production choices and technologies so many. The long term consequence: humanity no longer subject to grave economic crises and recessions that perpetuate mass poverty.
How may the grand visions become reality? The tactics described are populist and political. We need to fight propaganda battles, each cyber general to his own area of operations!
Tuesday, November 25, 2008
Mass Entrepreneurship Will Win Our Anti-poverty War!
To win our war, we have to slay poverty monsters one country at a time. And we have to use all manner of business weapons to do it. Most wealth comes from business, so to address mass poverty we have to set up a lot of businesses.
However all businesses we create must be at least partly-owned by employee and managerial masses. Mass part-ownership of corporations will gradually close the wealth and power gaps that are widest in the 3rd World.
Where do we start? Fundamentally the bottom poor are mostly in the Third World. 3rd World countries are however in different levels of economic development. Some have many more businesses than others, so have millions more employees and managers.
And this is the key. Employees and managers are all business skills at various levels. As people with salaries they have credit worthiness. Those within the supervisory to top management have lots of business and social contacts local and abroad.
Employee masses are therefore our best chance of creating a lot of new companies and thereby giving good jobs to the teeming poor. Jobs with salaries that afford good education are the masses’ stepping stones to the middle classes.
Where may we find such conditions in the 3rd World? The Philippines is one place. It’s got some 30 million employees plus around ten million Filipino contract workers and migrants abroad. The Filipino diaspora remit $15-$18 billion yearly to relatives back home.
If we can somehow motivate these masses to set up new corporations, ideally joint ventures with proven 1st World companies, we trod the road towards the end of mass poverty in the Philippines.
We have to pressure the Philippine government to lend a major part of taxes and state bonds (say 10% or P140 billion yearly) to thousand-employee local investment unions. We have to influence the Philippine Congress to pass a law to such effect.
It’s to politicians’ advantage, for mass entrepreneurship of this nature attracts billions of dollars yearly to local business, expands Philippine GDP, and raises the tax take to repay the state’s trillion-peso loans.
Most importantly, good jobs by the millions get created yearly to employ 68 million Filipino poor, most of whom are Elementary level.
Good jobs will enable Elementary level poor to afford innovation-oriented education. Good education leads to promotion, inventions and licensing of inventions, and acquisition of entrepreneurship loans. All combined create permanent middle class incomes.
Hence our imperative: the Philippines as our first anti-poverty theater of operations. We have to persuade the Philippine employee masses to form themselves into thousand-member investment unions. The target: each union to form one large-scale joint venture corporation every two or three years. Mutual help among the unions and their allies will speed up the process.
What exactly do we do now? We are on recruitment stage. We need to persuade all our friends cyber or solid to join our war. We have to invite all bloggers into this War Room. The world’s poor number around five billion. It will take millions of the world’s business skills to redeem such huge numbers.
Bloggers are among the world's best skills, and they number by the million. Bloggers are therefore the poor's best bet to permanent salvation. Business joint ventures will ensure that saviors (bloggers among them) will earn good profit out of their adventures.
However all businesses we create must be at least partly-owned by employee and managerial masses. Mass part-ownership of corporations will gradually close the wealth and power gaps that are widest in the 3rd World.
Where do we start? Fundamentally the bottom poor are mostly in the Third World. 3rd World countries are however in different levels of economic development. Some have many more businesses than others, so have millions more employees and managers.
And this is the key. Employees and managers are all business skills at various levels. As people with salaries they have credit worthiness. Those within the supervisory to top management have lots of business and social contacts local and abroad.
Employee masses are therefore our best chance of creating a lot of new companies and thereby giving good jobs to the teeming poor. Jobs with salaries that afford good education are the masses’ stepping stones to the middle classes.
Where may we find such conditions in the 3rd World? The Philippines is one place. It’s got some 30 million employees plus around ten million Filipino contract workers and migrants abroad. The Filipino diaspora remit $15-$18 billion yearly to relatives back home.
If we can somehow motivate these masses to set up new corporations, ideally joint ventures with proven 1st World companies, we trod the road towards the end of mass poverty in the Philippines.
We have to pressure the Philippine government to lend a major part of taxes and state bonds (say 10% or P140 billion yearly) to thousand-employee local investment unions. We have to influence the Philippine Congress to pass a law to such effect.
It’s to politicians’ advantage, for mass entrepreneurship of this nature attracts billions of dollars yearly to local business, expands Philippine GDP, and raises the tax take to repay the state’s trillion-peso loans.
Most importantly, good jobs by the millions get created yearly to employ 68 million Filipino poor, most of whom are Elementary level.
Good jobs will enable Elementary level poor to afford innovation-oriented education. Good education leads to promotion, inventions and licensing of inventions, and acquisition of entrepreneurship loans. All combined create permanent middle class incomes.
Hence our imperative: the Philippines as our first anti-poverty theater of operations. We have to persuade the Philippine employee masses to form themselves into thousand-member investment unions. The target: each union to form one large-scale joint venture corporation every two or three years. Mutual help among the unions and their allies will speed up the process.
What exactly do we do now? We are on recruitment stage. We need to persuade all our friends cyber or solid to join our war. We have to invite all bloggers into this War Room. The world’s poor number around five billion. It will take millions of the world’s business skills to redeem such huge numbers.
Bloggers are among the world's best skills, and they number by the million. Bloggers are therefore the poor's best bet to permanent salvation. Business joint ventures will ensure that saviors (bloggers among them) will earn good profit out of their adventures.
Monday, November 24, 2008
Legislation Can Tame Recessions & Poverty
Here’s the vision:
1. Every 1st World nation’s business sector lobbies its politicians to pass an Expand World Markets (EWM) law. The objective: create new markets in the 3rd World as principal means of ending the current recession, which is largely caused by market saturation in the 1st World.
2. The EWM law channels 5% of the state’s tax and bond receipts towards promotion of mass entrepreneurship in 3rd World countries. The aim is to convert around five billion poor into new consumer markets for all world companies as a way of taming world-scale recessions for good.
3. The EWM law provides for entrepreneurship loans to thousand-employee investment unions in the 3rd World. The condition, such unions must use the loans to set up joint venture companies with 1st World corporations.
4. Intrepid 1st World politicians sponsor an EWM bill and manage to convert it into law. A perpetual budget for 3rd World mass entrepreneurship thereby gets created. The budget comes mostly from 20-year Expand World Markets bonds sold by 1st World governments to each other and to their corporate sectors.
5. Since the new moneys will circulate within the 3rd World, they are not deemed inflationary within the 1st World. Every 1st World government sets up an EWM agency to manage the funds worth several hundred billion dollars yearly.
6. EWM agencies coordinate with 3rd World governments to encourage formation of thousand-employee investment unions within every 3rd World country. Concurrently, 1st World companies use the internet to discuss joint venture plans with 3rd World employee groups such as co-ops, associations, unions, and office teams with entrepreneurial plans. The profit motive becomes the engine for inter-racial planning.
7. EWM agencies dedicate 1% of their budget to our grassroots anti-poverty cyber army centered in this blog. We use the funds to set up model businesses in the Philippines that local employee groups may copy. The projects focus on food production, eco-tourism, reforestation, clean energy (ethanol) production, and coral reef rebuilding, all at good profit.
8. Our cyber army's project priorities: (a) livestock farms that grow their own feeds, including sweet sorghum; (b) an ethanol distillery that uses sweet sorghum as feedstock; (c) tour boat fleets in joint venture with US yachting groups; (d) tour agency nets in joint venture with Filipino groups in the 1st World; (e) marine aquaculture with artificial reefs; (f) reforested mini-dam hydropower chain; (g) Asian foods retailing nets, 1st World; (h) managed forest with livestock feedlot; (i) land and sea transport services that use E75 fuel (75% ethanol, 25% gasoline).
9. All bloggers are invited to invest in our projects in order to earn good dividends and rises in their stock shares' values while creating millions of jobs.
10. EWM agencies offer to buy billion-dollar 20-year bonds issued by 3rd World governments that pass a local ‘Loans for Mass Entrepreneurship’ law. The LME law grants nine-month salary loans to local investment union members who plan to set up joint venture companies with 1st World corporations. Copycats of our cyber army's project models form part of the plans.
11. To speed up passage of the law, 3rd World employee organizations aided by media lobby for local politicians’ support. Mass voting potential provides the pressure towards passage of the LME law.
12. Heavily indebted 3rd World governments take advantage of EWM agency funds to sell billion-dollar 20-year bonds each year. The new moneys are not deemed inflationary within the local economy because they will all be used by joint venture companies in producing voluminous goods on roll-over (perpetual) basis.
13. Bond proceeds go to a state-unions Employees Bank within the 3rd World country. The EB retails mass entrepreneurship loans to investment union members. Stock shares serve as collateral. Interest is half of market rates. Term is 20 years. The EB releases stock shares as they are paid. Payments come mostly from borrowers' dividend shares.
14. The consequent yearly formation of thousands of joint venture companies greatly increases the 3rd World government’s tax take. The EWM bonds get repaid in time, including interest at half of market rates. Part of tax take goes to repayment of old billion-dollar loans acquired by the borrower country's past regimes. 3rd World states' credit worthiness rise and qualify for more EWM loans.
What are the consequences of these world-scale anti-poverty adventures on century view?
1. Billions of jobs get created within 3rd World countries.
2. Millions of new joint venture companies become a huge market for 1st World manufacturers of machinery, equipment and factory materials.
3. Rising billions of newly-employed become trillion-dollar consumer goods markets for world companies.
4. The new employees qualify for mass entrepreneurship loans. The former poor earn high salaries and dividends. They enjoy rises in the value of their stock shares. Like all employees, they qualify for mass entrepreneurship loans every 2-3 years, enabling them to accumulate a fortune in stock shares within decades.
5. High salaries, entrepreneurship loans and dividend flows among employee masses gradually close the scandalously wide wealth and power gaps that have created unimaginable misery within 3rd World societies for centuries.
6. Early on, the current economic recession peters out as producer and consumer goods markets expand in the 3rd World. Enhanced consumer markets promise a world future freed of grave recessions, high inflation, and mass poverty.
7. High salaries paid to employees of rural companies in the 3rd World enable Elementary level hires (most new employees) to afford innovation-oriented education. 1st World universities set up affiliations with 3rd World schools and colleges to export the innovation culture that all 3rd World societies sorely lack.
8. Millions of joint venture companies rising all over the 3rd World become huge markets for the world’s inventive corporate labs, working student teams, university labs, and state labs. Over six million US inventions on file get applied or adapted by innovation teams for licensing to 3rd World joint ventures. Original patent awardees enjoy licensing proceeds. 3rd World investment companies commercialize 60% of US patents, up from a mere 6-10% these past decades. Billion-employee 3rd World markets make this possible.
9. Bottom 3rd World countries with small middle classes find their unschooled rural millions getting employed in corporate farms and rural factories of developing economies. The new hires afford innovation and entrepreneurship oriented education. In time they return to their countries to repeat the productivity and mass entrepreneurship schemes they learned. Gradually all the world’s poor enjoy high-paying jobs, form innovation teams, and become investment union entrepreneurs. World poverty withers to insignificance.
How do we transform the grand dreams to reality? We shift to action mode!
1. Every 1st World nation’s business sector lobbies its politicians to pass an Expand World Markets (EWM) law. The objective: create new markets in the 3rd World as principal means of ending the current recession, which is largely caused by market saturation in the 1st World.
2. The EWM law channels 5% of the state’s tax and bond receipts towards promotion of mass entrepreneurship in 3rd World countries. The aim is to convert around five billion poor into new consumer markets for all world companies as a way of taming world-scale recessions for good.
3. The EWM law provides for entrepreneurship loans to thousand-employee investment unions in the 3rd World. The condition, such unions must use the loans to set up joint venture companies with 1st World corporations.
4. Intrepid 1st World politicians sponsor an EWM bill and manage to convert it into law. A perpetual budget for 3rd World mass entrepreneurship thereby gets created. The budget comes mostly from 20-year Expand World Markets bonds sold by 1st World governments to each other and to their corporate sectors.
5. Since the new moneys will circulate within the 3rd World, they are not deemed inflationary within the 1st World. Every 1st World government sets up an EWM agency to manage the funds worth several hundred billion dollars yearly.
6. EWM agencies coordinate with 3rd World governments to encourage formation of thousand-employee investment unions within every 3rd World country. Concurrently, 1st World companies use the internet to discuss joint venture plans with 3rd World employee groups such as co-ops, associations, unions, and office teams with entrepreneurial plans. The profit motive becomes the engine for inter-racial planning.
7. EWM agencies dedicate 1% of their budget to our grassroots anti-poverty cyber army centered in this blog. We use the funds to set up model businesses in the Philippines that local employee groups may copy. The projects focus on food production, eco-tourism, reforestation, clean energy (ethanol) production, and coral reef rebuilding, all at good profit.
8. Our cyber army's project priorities: (a) livestock farms that grow their own feeds, including sweet sorghum; (b) an ethanol distillery that uses sweet sorghum as feedstock; (c) tour boat fleets in joint venture with US yachting groups; (d) tour agency nets in joint venture with Filipino groups in the 1st World; (e) marine aquaculture with artificial reefs; (f) reforested mini-dam hydropower chain; (g) Asian foods retailing nets, 1st World; (h) managed forest with livestock feedlot; (i) land and sea transport services that use E75 fuel (75% ethanol, 25% gasoline).
9. All bloggers are invited to invest in our projects in order to earn good dividends and rises in their stock shares' values while creating millions of jobs.
10. EWM agencies offer to buy billion-dollar 20-year bonds issued by 3rd World governments that pass a local ‘Loans for Mass Entrepreneurship’ law. The LME law grants nine-month salary loans to local investment union members who plan to set up joint venture companies with 1st World corporations. Copycats of our cyber army's project models form part of the plans.
11. To speed up passage of the law, 3rd World employee organizations aided by media lobby for local politicians’ support. Mass voting potential provides the pressure towards passage of the LME law.
12. Heavily indebted 3rd World governments take advantage of EWM agency funds to sell billion-dollar 20-year bonds each year. The new moneys are not deemed inflationary within the local economy because they will all be used by joint venture companies in producing voluminous goods on roll-over (perpetual) basis.
13. Bond proceeds go to a state-unions Employees Bank within the 3rd World country. The EB retails mass entrepreneurship loans to investment union members. Stock shares serve as collateral. Interest is half of market rates. Term is 20 years. The EB releases stock shares as they are paid. Payments come mostly from borrowers' dividend shares.
14. The consequent yearly formation of thousands of joint venture companies greatly increases the 3rd World government’s tax take. The EWM bonds get repaid in time, including interest at half of market rates. Part of tax take goes to repayment of old billion-dollar loans acquired by the borrower country's past regimes. 3rd World states' credit worthiness rise and qualify for more EWM loans.
What are the consequences of these world-scale anti-poverty adventures on century view?
1. Billions of jobs get created within 3rd World countries.
2. Millions of new joint venture companies become a huge market for 1st World manufacturers of machinery, equipment and factory materials.
3. Rising billions of newly-employed become trillion-dollar consumer goods markets for world companies.
4. The new employees qualify for mass entrepreneurship loans. The former poor earn high salaries and dividends. They enjoy rises in the value of their stock shares. Like all employees, they qualify for mass entrepreneurship loans every 2-3 years, enabling them to accumulate a fortune in stock shares within decades.
5. High salaries, entrepreneurship loans and dividend flows among employee masses gradually close the scandalously wide wealth and power gaps that have created unimaginable misery within 3rd World societies for centuries.
6. Early on, the current economic recession peters out as producer and consumer goods markets expand in the 3rd World. Enhanced consumer markets promise a world future freed of grave recessions, high inflation, and mass poverty.
7. High salaries paid to employees of rural companies in the 3rd World enable Elementary level hires (most new employees) to afford innovation-oriented education. 1st World universities set up affiliations with 3rd World schools and colleges to export the innovation culture that all 3rd World societies sorely lack.
8. Millions of joint venture companies rising all over the 3rd World become huge markets for the world’s inventive corporate labs, working student teams, university labs, and state labs. Over six million US inventions on file get applied or adapted by innovation teams for licensing to 3rd World joint ventures. Original patent awardees enjoy licensing proceeds. 3rd World investment companies commercialize 60% of US patents, up from a mere 6-10% these past decades. Billion-employee 3rd World markets make this possible.
9. Bottom 3rd World countries with small middle classes find their unschooled rural millions getting employed in corporate farms and rural factories of developing economies. The new hires afford innovation and entrepreneurship oriented education. In time they return to their countries to repeat the productivity and mass entrepreneurship schemes they learned. Gradually all the world’s poor enjoy high-paying jobs, form innovation teams, and become investment union entrepreneurs. World poverty withers to insignificance.
How do we transform the grand dreams to reality? We shift to action mode!
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