Perhaps this is an idea that encompasses many of the points made in your comments.



http://greenrivergroup.blogspot.com/



It is an idea for a mutual fund, a management company and a foundation covering the globe. It would also include 6 publicly owned property management companies that would each cover a designated region by dividing the world in to 6 development regions.



These 6 companies would provide funding for building infrastructure projects, within their respective regions while at the same time remaining debt free.



It is simply an idea for a mutual fund, a very large mutual fund, based somewhere such as the Cayman Islands. It is run by a management company 80% owned by a foundation and 20% owned by a publicly owned company that also owns a construction management and back office IT company to manage projects funded by the foundation.



With a management fee of between 1 and 1.3% annually, and a fund of assets of between 12 and 24 trillion dollars one could easily see the types of numbers available to the foundation and management company. This could indeed provide non government, non borrowed stimulus funding for projects worldwide.



The fund and foundation would also be, in a real sense, be providing a much needed service to some 150+ nations and the international monetary system worldwide.



The foundation would initially provide money for clean water projects worldwide. It would also provide money for the planting of tree's etc and other projects to counter global climate change.



In order to appreciate the true effectiveness of the idea one must abandon all old preconceived ideas of size.



It is envisioned that with a wide acceptance of the fund as a repository of cash, stocks, bonds and such from virtually every country and region of the world, originally by banks, sovereign funds and other financial institutions that the amounts being discussed could be in the trillions of dollars.



This would act not only as a major alternative to the dollar and other currencies as a reserve "asset", it would hopefully tend to moderate such wide swings in values over time.



The other consideration is that many individuals and companies that are involved in capital flight from their own respective countries could make it their first stop to place all those assets in the fund. They investor could then withdraw such equal value of currencies over time while the fund would be able to return much of that capital to the country of origin over time.



It is just the spreading of risk across an entire globe that makes the fund, as well as the clients, each get the value that the fund has to offer by the spreading of not only the risk but the length of time horizon inherent in the fund.



As to the 6 regional development companies, these would replace the governments role in many cases for stimulated spending on projects in down cycles while cutting back in times of boom. As the regional development companies are not only covering every nation in an entire region, they would also be interconnected with at least 2 other regional development companies in partnership ownership's but would also have mutual investment relationships with the mutual fund as well.



They true value of this group of companies is that they 1. Divide the world into 6 regions for the purpose of regional investing and risk spread. 2. They are in no way connected to any government or governments except for the investment by certain governments in the unit trusts and development company shares. 3. They are all publicly traded and are open to ownership by all those who qualify as owners. 4. They all are based upon the financial principle of no debt to the organizations. 5. The primary focus of all of the companies and organizations of this group is to foster development among the very lowest economic countries in the world, but by the pooling of resources they are able to not only create growth in these countries but by also moving up the development nation ladder in the way of trade of goods and services.



The beauty is it could well be on its way to creation almost overnight. It just needs initial investors and entrepreneurs. Unfortunately the key is that it would only work with one single organization as such an entity. 10 similar organizations would defeat the entire purpose.



I have begun publicizing the idea as my ability to create interest in a private level has been impeded, not by the idea, but by my lack of economic, educational and CV to take a more leadership role in presenting and leading the concept.



As you noted Einsteins comment, "the way out of a problem is not by the way that got us in" is pretty much covered in this idea.



It has been the lack of treating the worlds problems in more of a regional and indeed world wide problem instead of a collection of 150 national problems that need a singular solution to each nation different from all of their regional neighbors and the rest of the world.



The solution to China and Europe and Africa and elsewhere may indeed be solved by the simple idea of Chad and Haiti pooling their money and then another nation and another until there is enough to spread risk, reward and a more stable and interconnected economic system worldwide. And again it is not in any way a government program.











