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It has worked for centuries. It works all the time, everywhere. Regions with enough money thrive. When big companies leave, they decline. On the contrary, with investment, they come back to life. What matters is the distribution of money. Money in the hands of a small group of rich people does not create prosperity. The Klondike effect works when a large group of people have enough money. Is it possible to profit from this phenomenon? Today, yes. It will bring prosperity to all regions of the world. Just bring money into the region and keep most of the money in the region. You can't keep dollars or euros. But internet currency can. The question is: can the Klondike effect be created artificially? The natural way is to have a few rich companies in each region, which is unrealistic. So could a region prosper if the money was distributed directly to the inhabitants? And ensure that most of the money stays in the region? What do you think? There are thousands of examples of this effect around the world. The Klondike is the best example. It went from a wasteland to a region of 100,000 people in two years. In January 1897, there were five log cabins in Dawson. By spring it had a population of 1,400. A night at the inn cost $50, an egg $1, a five-minute bath $1.50. By the end of the summer, Dawson had 10 inns. Five years later, the gold rush was over and so was the prosperity of the region. Las Vegas - a place in the desert became a wealthy city. Detroit is the opposite. The car companies left the rich city and the city stopped prospering. In Slovakia, the medieval mining towns of Banská Bystrica and Banská Štiavnica prospered. Rich squares from hundreds of years ago still attract attention. The coming and going of companies and investments in this country provided ample examples of the Klondike effect at work. Contemporary examples include the thriving cities of Dubai, Chinese cities, Singapore... The type of investment does not matter. Cities where industry has invested, where financial institutions, commerce, tourism and gambling operate, thrive. Prosperity is ensured by the inflow of money. It can also be an internet currency. It will have exactly the same effect as investment in industry. Author: Jozef Stasík Contact: info@bossaworld.com |
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