How to Fix All Global Problems
Reading these figures, I can’t help but think that it’s “each man for himself” in this world.
All figures are for one year:
- Basic education for all the people in the world would cost $6 BILLION
- Installation of water and sanitation for all would cost $9 BILLION
- Basic health care and nutrition would cost $13 BILLION
Total: $40 Billion annually
- $8 BILLION is spent annually for cosmetics in the United States alone
- $11 BILLION is spent annually on ice cream in Europe
- $12 BILLION a year is spent on perfumes in Europe and the U.S
- $17 BILLION a year is spent on pet food in Europe and the U.S
- $35 BILLION is spent on business entertainment in Japan
- $50 BILLION on cigarettes in Europe
- $105 BILLION on alcoholic drinks in Europe
- $400 BILLION on narcotic drugs around the world
- And finally, in ONE year alone $780 BILLION is spent on firearms and munitions (I suspect this number is now higher)
(This, right here, is a list of economic sectors to invest in if you’re inclined to do so.)
More on this topic
(What's this?)
EU President Seeking to Consolidate Economic Power (Dog Bites Man Alert)
(naked capitalism, 2/10/10)
Why is Geithner Lobbying EU on Behalf of Hedge and Private Equity Funds?
(naked capitalism, 3/12/10)
“The $1.6 Trillion ‘Back Mountain’ Covenant”
(Stock Gumshoe, 2/8/10)
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Six billion dollars to educate the world. Less than a dollar per person per year. What a bargain.
Yes, a total bargain. Less than what’s spent on cosmetics, can you imagine?
I always had my doubts about charity, but now even more so.
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