I would like an answer to your question too. There must be something I'm missing altogether. In the long run, we're all dead. John Maynard Keynes
And I have a great belief that if there was a better mousetrap we'd be using it.
And we have ALREADY started using it: I merely observe what is going on and develop it.
The Hilton group used a >£1bn "capital partnership" LLP to finance development of 10 hotels about five years ago.
The entire Canadian capital market operates in a similar way, by packaging up GROSS revenues of Companies into trusts and selling off units in these "income trusts" to pension investors.
It's just that trusts suck as an enterprise model, although lawyers love them.
LLP's are six years old, and are are only now becoming familiar in the UK.
These "Open" Corporates literally change the game. "Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky
