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This Tribal Patronage urge referred in the study above may need to be continued for the time being.

In the long run however one of the best ways to pull the tits from the mouths of tribal patronage sucklings is through a process financial fatwas issued by respected imams and street smart Wall Street bond underwriters.

There is an important qualitative religious difference between the Koran prohibited interest paying (person-to-institution or person-to-person) and the sovereign pledge of debt (country-to-country or country-to-institution).

The poorest Muslim countries will otherwise always be held captive by the rich, dominating Muslim countries bent on perpetuating theocracies and expanding a supreme Caliphate, all under the patronage umbrella.

We see this process beginning to take shape as Islamic lenders make “investments” in homes, for which they collect “rent” in lieu of interest. Now we need to structure “investments” in the financial markets back by “rent” paid by the full faith and promise of the sovereign country, similar to what the West would see as a worth while Utility Bond.