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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (57453)	11/4/2009 3:32:01 PM
From: Maurice Winn	1 Recommendation Read Replies (2) \| Respond to of 219835

Kyros, it's important to remember it's not a purchasable citizenship, it's a TRADABLE citizenship. It's a free market in citizenships in which the property is owned by the citizen, not the state. Of course the state can issue more of them and dilution would be a moral hazard but that's the case even worse as things are. They couldn't charge an arm and a leg, they could charge what the market would bear. <Mq's concept of purchasable citizenship will work wonderfully in HK. You can charge an arm and a leg.> It would be fun to guess at various citizenship values for countries around the world. If all current citizens were issued one for their country of residence, and all could freely trade and move, how would migration happen and how would prices move? Politicians would have to be far more circumspect before they come up with yet another value-destroying stupid idea. They'd be voted out pretty quickly by people who would NOT take kindly to seeing their "share" price declining. It's not as though it would require a big all in one change like switching to driving on the left hand side of the road. Countries could try it out. NZ could issue 10,000 x tradable citizenships and see how it works. When they turn out to have a value of $2 million each, which is $20 billion per year, which is a very large chunk of government expenditure each year, they'd be tempted to issue more. 10,000 a year would be reasonable for many decades without significant dilution or any dilution [criminals would forfeit part or all of their citizenship right depending on the crime, people dying intestate would be leaving the citizenship to the government]. NZ could take a population of 100 million [currently 4 million] and be only as crowded as Japan which is not particularly crowded. Since value would be added, with taxes dramatically reduced, hordes of people would want to bid to get in. Mqurice