NOTE FROM TANANIA:

In interesting conversations, it was a general agreement that the ROLE OF STOCK EXCHANGES and Capital Formation has changed with globalisation and speed of connectivity. Instead of Capital Formation for a return on investment, stock exchanged ave become SPECULATION FOR QUICK PROFIT centres, alsmost based on Casino Models, with limited requirement for skill to make a call.

Therefore, the basis of Capital Formation by the non-public sector in Free Markets has completely changed and needs to be re-designed.

Lets re-examaine the DELIVERABLES required from a Stock Exchange in order to accummulate risk capital for INVESTMENT PURPOSES in employment expansion opportunities.
Peter V -  Near Lake Victoria, Africa