ABSTRACT
This chapter discusses the investing of money in the form of shares in ownership and of financing debt. The lender can take possession of the collateral if the borrower cannot repay the debt. High indebtedness means that the company can quickly be thrown into bankruptcy when profits abate. A high level of debt can only be offset by a splendid profit margin and or excellent operational efficiency. The company's prospects can of course change during the time the passive owner holds its debt. Debt issued by member states of the euro zone has special characteristics. Ownership is the key to economic development and growth. One understands how important private ownership is for economic development and prosperity when one looks to recent history. The direct form of active ownership of the means of production is a company that is run by its owners. The associated indirect form of ownership is the participation in the company through the ownership of stocks.
