Unless every country agrees with that we won’t see that happening.
Plus appraising privately owned companies is a pretty hard thing to do and it’s unrealistic to do every year.
Just have a progressively increasing tax system and make it so the system doesn’t allow you to take personal loans with stock as collateral.
The entire US is so loan based and built so people consume as much as possible.
Everybody who choses to use a creditcard when a normal bankcard could have worked is increasing this issue.
The thing with not every country agreeing can be solved by cutting the countries economy off of the other countries. For example if all of the eu would do this if you hava an eu company you can just function normally inside the eu but if you youre outside the eu you have to take a lot of steps to start doing business that assure that you dont ransack the eu. Idk if something likenl this works but this is the best i could come up with.
Unless every country agrees with that we won’t see that happening.
Plus appraising privately owned companies is a pretty hard thing to do and it’s unrealistic to do every year.
Just have a progressively increasing tax system and make it so the system doesn’t allow you to take personal loans with stock as collateral. The entire US is so loan based and built so people consume as much as possible. Everybody who choses to use a creditcard when a normal bankcard could have worked is increasing this issue.
The thing with not every country agreeing can be solved by cutting the countries economy off of the other countries. For example if all of the eu would do this if you hava an eu company you can just function normally inside the eu but if you youre outside the eu you have to take a lot of steps to start doing business that assure that you dont ransack the eu. Idk if something likenl this works but this is the best i could come up with.