(AGENPARL) – Rome, 29 March 2020 – “Nationalization of the Coronabonds to finance the national economic fabric, that is, the state that buys the products of national companies in this period, thus supporting production for the whole time of the suspension of the global economy”. This was stated by Giuseppe Incarnato, president of the Igi Investimenti Group.
“A state that buys and stimulates the productive economy through substitute orders to companies that produce in Italy, is a powerful push to support the productive economy of all sectors, including tourism. In other words, the state that balances the lost turnover of companies in this period due to the blockade of the economy. The financing of this operation to stimulate private turnover (ed. I.e. production) would take place through Coronabonds reserved for Italian citizens at the rate of 5%. In this way, the productive activities of this country would also be safeguarded in the hypothesis in the change of international relations after the epidemic. The national Coronabond system that will be proposed to the Italian institutions focuses on the principles of the circular economy, where each nation defends and safeguards the its productive and distributive framework of its economy. At this moment, imagining the community Coronabond, where the only underwriters could be the Chinese, does not appear to be a wise move and the opposition of the individual European partners must be sought in the fact that there is no direct correlation between the well-being of one’s community with the effort subscription. It is time to nationalize savings with a Coronabond bond issue. Money that should be directly used to meet state orders for the private productive economy. “