Geo-Political Rebalancing
Developed World Population: 1 Billion
Developing World Population: 3 Billion
Underdeveloped World Population: 3 Billion
The Developed world is 10 Times more Expensive to Live in than the Rest of The world for the same Quality of Life.
In The next Decade or two, generally, the People of The Developed World will experience more pain & stress than those in the Developing World. Some kind of a Geo-Political Rebalancing is Taking Place
Developed World Population: 1 Billion
Developing World Population: 3 Billion
Underdeveloped World Population: 3 Billion
The Developed world is 10 Times more Expensive to Live in than the Rest of The world for the same Quality of Life.
In The next Decade or two, generally, the People of The Developed World will experience more pain & stress than those in the Developing World. Some kind of a Geo-Political Rebalancing is Taking Place
"The Developed world is 10 Times more Expensive to Live in than the Rest of The world for the same Quality of Life."
ReplyDelete"Same quality of life"? You know that this is NOT true, right? I live in Brasil, the World's 5th Economy and the major of our population lives with R$ 22,00 per month (something around U$ 0,40 per day - five times BELLOW what UN considers "misery" or "absolute poverty" and, as it happens in most of the world, only 1% of Brazilian's population gains (without honor or even merit) around 90% of all our welth. I find it hard to believe that the famous 1% quoted by Stiglitz will have more difficulties in life than the 99% remaining people.
On other hand, I consider my country divided. There are places you might consider "in development" but most of the country is far bellow undeveloped - those are tricky words.
Thank you very much for the heads up. You gave me a lot to think about.