THE DIGITAL ECONOMY: WHERE TO GET THE MONEY TO IMPLEMENT INVESTMENT PROJECTS?
A very important question for the life of the population, for the development of business and the economy of all states: where to get the money? Everyone's huge debts are growing because States, companies, banks, citizens spend more than they produce and earn. Although disproportionate consumption is encouraged by low credit rates and 24-hour printing of money, even at almost zero credit percentages, Western banks have too many bad debts destroying the financial system.
The global debt crisis of 2008-2019 means that for 11 years there has been an erroneous model of financial interaction between states, real business, investors and citizens, who share old, unreliable financial instruments, bad strategies, and projects that are dangerous for investors.
A new digital ecosystem with anti-crisis financial technologies can restore the destroyed global monetary system. Heavily affected national and regional economies of Russia, the EAEU countries, Europe, Africa, Asia and America, which have become victims of liberalism, can now apply reliable cloud and blockchain technologies, large-scale public-private partnership and high-yield investment projects in the social and real economy, health care and environmental management.
How do the economies of developed and developing countries now live and are they changing for the better ? Unfortunately, nothing changes in human nature, and the financial world is not getting better. Governments and business do not solve the chronic problems of the population, so all together fall into a global crisis.
In 2001, the USA government debts amounted to 2 trillion dollars, after 2017 - already 20 trillion US$, and under D. Trump in 2018 the americans began to owe another 1.2 trillion dollars more. Over the years 2004-2013, the USA economy increased the debts of the state 5 times faster than their national GDP grew, and the UK - 9 times faster!
Eating through government loans and budgets, without developing their production, trade and competitiveness, using instead of strengthening their own economies humiliating international sanctions, currency and trade wars, the western countries themselves are sinking deeper into the debt hole and pulling the developing economies that depend on exports and imports, on international dollar and euro payments.
Such negative external influence will gradually disappear with the transition of developing countries to settlements among themselves in national currencies, but this alone is not enough to ensure that all countries get rid of the threat of a global crisis and a general economic catastrophe.
Therefore, the subsequent global development of GDP, financial relations and well-being of peoples, businesses and states will determine the digital ecosystem of relations between all participants of the economy, reliable blockchain technology, cloud data storage, anti-crisis innovations, socially-oriented investment projects, multi-purpose large-scale public-private partnership and active international cooperation with large counter investments.
The Open Fund proposes to build such an economic future in 3 years in Russia and in partner countries, the data on the digital economy of which are presented below:
* The Open Fund confirms the planned capital and income by financial calculations, which are transferred under the license agreement within the framework of ecosystem know-how for each country.
** The volume of investments and assets for the countries represented is determined by the calculation within the framework of the global or regional implementation of the project (for example, in the EU, or the EAEU, or APR), subject to a large-scale public-private partnership for the project.