The banks are eliminating or will eliminate a large part of their staff and make them unemployed. Among these are highly experienced people, managers, executives, and many employees with knowledge of financial and management operations.
The many unemployed in the industry must develop different financial entities, which will take into account the “nature and distribution” of profits, which will create “transparency”.
The profits for these new entities should only be the salaries of the employees and the reserves for financing. The control will be done by the representatives of the financial entity, the representatives of the local authorities, the representatives of the companies, each citizen will be able, if he wishes, to obtain precise information on the accounts and the investments of the social bank.
Initial funding will be provided:
– Through “interest-free” loans from the national bank and the state, which will assume the risk initially, because the security and equilibrium of the state is at stake, these are indispensable social investments at the service of all, “of national interest”.
– Through “participations” taken from the profits and reserves of large companies.
– By savers (with the usual interest) who will have an interest in investing their money in the fairest and most balanced way possible.
Regional balance is the best investment we can make in our future.
– The companies that develop thanks to the priority “right” to obtain these loans on favourable terms will have a duty of transparency and participation in the balance of the social bank, once they have stabilised.