Friday, March 27, 2009

How is wealth is measured?

The wealth of a nation is measured by how the poorest of the poor live in the nation. The wealth of the world is measured by how the poorest of the poor live in the world.

With the financial crises, more people now want to understand the role of the Federal Reserve Bank, the International Monetary Fund and the World Bank. They would like to know how the executives are elected to head these institutions. How their policies affect the lives of everyone. How much are these executives paid? The people have been hovering over the lives of the famous and the rich, but now people want to know about the lives of these people who are heading these financial institutions.

Some basic neccessities like clean water and sanitation, housing for the poor are still not addressed. When the poor have no money, their problems will never go away. By giving money to the poor, businesses can go about solving all these problems and the world will be richer. Enjoying trips on luxury liners are just dreams to the poor and will always remain so. How many percent of the world population watch all these golf tournaments?


All views expressed are soley my own.

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