The new Global Wealth Report 2017 is out. It says there is 280 trillion dollar global wealth and that there will be 341 trillion dollar by 2022.
As always, you have to consider a few things: Some countries are missing in the stats, it’s only the wealth of adults and it’s a report by a elitist bourgeous bank and not by a radical leftist communist organization. Which means, I would guess the global wealth is even higher than 280 trillion dollar. Panama papers, Paradise papers and the like are a thing. The secretion of wealth, especially by all dictators and quasi-dictators around the globe are a thing and so on.
However, for the FORS simulation I’m calculating with around 350 trillion dollar between now and 2022. The absolute correct number respectively wealth is not the problem. To co-introduce a universal basic property and a universal basic income within a new worldwide online currency, initiated by the FORS organization, you have to hit the approximate wealth – and that’s all you can do, because we dont know and will never know the exact real global wealth because of aforementioned reasons. But luckily, it’s also not necessary.
In addition, FORS also wants to co-introduce 350 trillion dollar in terms of fictitious capital – loans, stocks and bonds – at the same time which also will be splitted in terms of universal basic property and universal basic income. (But I’m still doing some calculation, simulation and experimenting stuff here. I will come to this more exactly in the forthcoming months and years.)
Moreover, FORS will co-introduce another 350 trillion dollar in terms of synthetic capital – which mainly means: derivates. Yep, splitted again in terms of universal basic property and universal basic income. (Doing some calculation, simulation and experimenting stuff here, too. I will also come to this more exactly in the forthcoming months and years.)
Finally, till all organizational things take place and because of establishing the technics, doing some fine-tuning, doing some soft experimenting in terms of praxis, saving the stability and performance of FORS, I’m thinking about offering another 350 trillion dollar which – and that’s so far the idea – will be splitted up in the three former forms of capital (current capital, fictitious capital and synthetic capital). With this last one, we will be able to do the necessary testing and stuff we need before we reset, translate/transfer and undermine the global capital order in all of its turns and flows to a global differential „classless“ communism.
That’s what FORS is about.