Thursday, November 02, 2006

It's the way they say it

I say this recently and it made me think

DO YOU KNOW THAT 80% OF THE WORLD’S PEOPLE LIVE IN THE UNDERDEVELOPED WORLD…

…AND THAT THE RICHEST 20% OF THE WORLD’S PEOPLE SHARE 84% OF THE WORLD’S WEALTH…

If we really look at what is being said here, we can see that (a) not all of the richest 20% live in the developed world (b) how are we judging this wealth that people own? After all, if it is cash in the form of currency or stocks or property value then the value of that wealth has more to do with the fact that more wealth pushes up the value of the items than anything else.

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