High Gearing is Good PROVIDED loans are properly covered with proper assets.
Stupid Stupid Stupid Bankers lent stupidly on stupid mortgages.
Regulators let it happen.
Here I show in 'small money' how High Gearing should be done. I will lend 80% of the cost of a Travel Membership - so my loan is US$200 - but that loan is not repayable until US$17,500 is received by the borrower.
Read Chapters 1, 2, & 3 for more information.
It is time for a change!
Chapter 2 A 'friends financial system' http://permatricity.com/permatricity.html
Chapter 3 THINK ABOUT THE MONEY http://www.permatricity.info/Money_Solution.html
Chapter 4 Faye's Friends http://permatricity.com/Faye_s_Friends.html Chapter 6 Earth Tilts - Disaster Film http://www.permatricity.info/Earth_Tilts John Robertson
Chapter 5
Chapter 7 Travel, Nuclear Waste and Planting Trees http://www.permatricity.info/Permatricity_Travel.html
Chapter 8 FLOODS and Volcanos - OR -
Chapter 9 Invention to Double Electricity Output from Wind Farms
http://effectivelawreform.org/Wind_Barn.html
Chapter 10 Deepening Flooding Rivers
http://effectivelawreform.org/Deepening_Flooding_Rivers.html
Chapter 11
Chapter 12 Permatricity Corporation http://effectivelawreform.org/Permatricity_Corporation.html
Chapter 13 Clubfreedom / Permatricity http://clubfreedom.biz/robertson
Chapter 14
Chapter 15 Conclusion http://www.permatricity.info/Conclusion.html
