Some bonus material for people who actually got through the rest of it without falling asleep!
Let’s say you’re an average family man in an average Western country, and you decide to pack up your kid’s rooms, sell the house, make the huge leap – and buy tickets to Mars.
Chances are, you ain’t coming back. Unless you win the Martian lottery, you can’t afford to come back.
So what do you do with your terrestrial investments? You know: bank accounts, stocks, mutual funds, government pension?
Will there be a First Martian Bank where you can deposit your money? If you still have investments on Earth, how will you manage them? Will First Martian be part of the SWIFT network? How will you buy or sell stocks from your account, when it takes twenty-five minutes to load a browser page? How will you collect your dividends? How will you pay for your National Geographic subscription (extra-terrestrial postage zone!)?
And, if you’re a citizen of one of those countries with
effective irritating tax enforcement, how do you file your annual tax return?
Personal finance is another of those things that short-term NASA missions don’t need to plan for. Martian colony, whole different story.
I’d love to hear what people think.
Mars Colony Administrator’s Handbook – Navigation:
- Part 1 – Introduction
- Part 2 – Resources, Water
- Part 3 – Air, Food
- Part 4 – Energy, Raw Materials, People
- Part 5 – Supply Chain Management, Urban Planning
- Brief Intermission
- Part 6 – Jurisdiction and Law, Economics
- Bonus Post
- Part 7 – Manufacturing, Communications
- Part 8 – Emergency Services, Failure Modes