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Financing for What?. Financing for What?. The Global Financial Industry Percentage of Corporate Profits. 1960s = 14% . 2008 = 40%. Casino Economy: $700 trillion. The Casino Economy Eclipsing Reality. Real Econ omy: $60 tr illion. Real Economy: $60 trillion.
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Financing for What? Financing for What?
The Global Financial IndustryPercentage of Corporate Profits 1960s = 14% 2008 = 40%
Casino Economy:$700 trillion The Casino Economy Eclipsing Reality Real Economy:$60trillion Real Economy:$60 trillion
The Challenge: Reclaiming our Capital A Transition Pre-Requisite Predatory financing Homeopathic financing
$307,744 Buying the Average House in Canada $370,000 - $36,500 down = $333,500 to borrow Option 1: Mortgage at 8% over 25 years. Interest = $433,290 Option 2: Loan Fee equivalent to 3% interest = $125,546 Which would you choose?
Local Enterprise Banks - Ekokött • Ethical treatment of animals • Support small farmers • Preserve ecological management
Food Quality & Safety Loss of Farmland Imported Food Hunger, again Hunger, again Hunger, again Seikatsu - Worries
Teikai: “Food with a Farmer’s Face” We will pay a fair price directly to you Guarantee to buy my production Contract
Seikatsu growth Seikatsu Union Club Equity: $1b Sales: $1.1b 32 Seikatsu Consumer Co-operatives
Seikatsu Mega Supermarket Regular Co-op 1600 high-quality products Seikatsu product selection 9,000 products Up to 300,000 products annually • Lower costs of inventory • Less waste • Less carbon • Greater efficiency • Fairer prices to farmers