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Post by Freedom on May 4, 2016 20:52:17 GMT -6
This would create a new stock exchange that has a board of directors. The stock exchange would include any nation's industry if they apply to have it included. This would add more things for people to do. In the beginning, everyone would start with $100,000 to invest in other nation's industries. It would also create the possibility for insider trading trials for people who try to manipulate the system.
Board of Directors -Overseer For an industry of a particular nation to be included in the stock exchange it would need to have the support of the overseer.
Process of investing 1. You must state on the BUSE thread that you are going to buy a share of a certain industry of a nation and they will remove that much from your balance and add the share(s) to your portfolio. 2. If you want to sell you can say so at any moment. 3. You then will have the stock removed from your portfolio and the value of that stock added to your account.
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Post by Guardians of the Light on May 5, 2016 11:07:32 GMT -6
I would love to see this implemented, but it would be better if you had a certain percentage of your GDP to spend on the stocks.
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Post by West Eritrea on May 6, 2016 6:43:38 GMT -6
The whole point of a stock market is that the stock price changes from day to day so that you can "buy low, sell high." How would this happen?
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Post by Freedom on May 6, 2016 12:13:20 GMT -6
The industries are affected by issues so if it goes down the price will go down.
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Post by West Eritrea on May 9, 2016 10:21:21 GMT -6
Okay, so one final concern:
Do we really need 5 people on the Board of Directors? I would be fine if you just appointed yourself as the Overseer and not have any elected directors. It seems weird to elect directors to a stock exchange in the first place.
If this is done, then I endorse.
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Post by Freedom on May 9, 2016 14:48:30 GMT -6
Ok
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Post by Freedom on May 10, 2016 12:06:14 GMT -6
I endorse this(obviously)
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Post by Faran on May 10, 2016 12:06:46 GMT -6
I endorse
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Post by West Eritrea on May 10, 2016 12:27:30 GMT -6
You still haven't changed it. If you change it, then I will endorse.
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Post by Freedom on May 10, 2016 12:44:04 GMT -6
The edit is not working David will do it now
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Post by Freedom on May 10, 2016 12:48:14 GMT -6
Referendum?
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Post by West Eritrea on May 10, 2016 12:49:19 GMT -6
I endorse, referendum tomorrow
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Post by Le Libertia on May 10, 2016 15:16:33 GMT -6
I endorse this (obviously) I thought you can't endorse your own bill.
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Post by West Eritrea on May 10, 2016 15:55:14 GMT -6
I endorse this (obviously) I thought you can't endorse your own bill. It has support from three of the five congressmen, so I don't why it wouldn't go to referendum. Also considering that this technicality was never in the law or in the Constitution in the first place, it could be argued that this arbitrary rule doesn't exist.
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Post by Freedom on May 10, 2016 15:55:45 GMT -6
I can. I am in congress so I can endorse my law.
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