A Coming US Default?
The David McWilliams Podcast
00:00
The Importance of Collateral
Can you imagine giving each citizen a piece of this wealth fund exclusively to be used as collateral to de-risk their new companies? You're at the very, very minimum, create a startup culture. The banks could take the collateral, the young entrepreneurs get the financing, and away they go. And in so doing, you completely create a new type of Ireland that's absolutely fit for the 21st century.
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