Danny wrote: And if your venture capital system is available as well, then I have all possible choices, just in case I doesn't want to carry all the risk.
Exactly, if both options exist, it is likely that the VC option would over time largely replace the commercial banking option in all fields practicable, ie. there are likely to still be short-term loans of over a month and under two years. Trouble is, currently only one option exists in most countries and although I don't owe anyone anything (other than gratitude, respect, support, etc.) I still feel that I have to pay for the irresponsible spending habits of others with high fees, etc. Now, can I lend anyone money at 3% per month?:o) Patrick, there is no caning for ursupery unless you cause bodily harm to your debtors. Instead there is confiscation of what are deemed unjust profits. So, essentially they won't even touch your property and you get to keep your wealth. Only the interest revenues are forfeited. The main item that Danny and you seem to ignore that in constructs involving rent, etc. the ownership doesn't change until the item is fully paid for and, possibly the most important item: There is nothing resembling compounding interest. The compounding interest is truly something for nothing. Even our loan sharking side line, oops, i meant to say Microloan programme, doesn't go that far to charge compounding interest. Instead we buy diary cows, sell them at a profit two years later and give them to their future owner for safe keeping in the meantime ;o) Of course, in the meantime the safe keeper and future owner gets to milk the beast but we still carry the risk that the four-legged wealth producing device dies before ownership changes. That's why we charge a service up front and the future owner is obliged to buy the carcass from us. The two fees make up half the price of the cow, hence we share half the risk. And double our money every 2 1/2 years if the cow survives and the safe keeper pays up. We invest in low cost housing as well ;o) What shall I say? It works like a charm, everybody loves it, and all parties profit. By the way, most of our clients would never qualify for a loan. Cheers, Robert. budget & privacy website hosting http://www.cyberica.net e-commerce & e-business services http://www.cyfrocash.net budget domain registrations http://www.u2planet.com --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.