Monday, February 21, 2011

debt equity sunk costs

sunk costs oughta be immediately equitized
just as debt oughta be free to fall into a negative short term  rate of interest

sunk cost the universal labor  value wanna be
always operates at a deficit
in as much as it piles up as debt
a  pure incubus

society needs to swap the cost of sunk costs  for shares in the project/enterprise's residual stream
even if this involves cashing out some or even  all of  the compensation for the project/enterprise's sunk costs

the notion of a grant however seems too "liberal" a funding mechanism
 to be pre dominant in funding  r and d operations

the mechanism oughta be more complex  time lagged and contingent on results