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Auction House

Stock exchanges and thus financial speculation will not exist in the future like today. Companies or individuals have no right to jeopardize the environment, animal species and human health through organised profiteering.

 

At a predetermined year and date, all listed companies will be suspended from the stock exchange and the share price (average price over the past 10 years) will be repaid to the shareholders. The same applies to other financial papers. The compensation will be paid out once by the Public Fund and then fully terminated.

Future stock exchanges will be used for non-profit trading within barter ie there shall be 1 auction house in each continent. Raw Materials that are exchanged between the different continents must be available to citizens and the new exchange's future mission is to serve as an auction house for wholesalers.

We need a new ecological trading system NOW

Trade and globalisation creates global competition, resulting in a boost in economic activities that deplete the environment and its natural resources. The increased economic activity leads to greater emissions of industrial pollutants and more environmental degradation.

Current trade agreements are harmful to the earth's resources.

 

Todays trading system is created in such a way that the agreements also can be used as political pressure and gives instability with a significant negative impact on the inhabitants of the earth. Earth's resources must be managed in an eco-economical manner and products must primarily be managed and distributed within a continent.

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Todays hunt for resources and economic gain, depletes and poisons the earth and wildlife is greatly affected and many species are threatened with extinction. The old trade agreement system must be transformed and instead serve as resource depots where world Raw Materials resources are  shared equally between continents through a transformed stock exchange and according to population and other variables.

Resources (raw materials) shall be allocated according to the barter principle - which means non-profit. Raw materials are unprocessed materials that come directly from the nature. Animals, fish and other living creatures are excluded

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© 2023 by BRO TIME. Proudly created with Wix.com

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