A Quote by David Korten
It is interesting to note that the 200 richest people have more assets than the 2 billion poorest.
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The wealthiest 300 people have greater riches than the three billion poorest. The three wealthiest people have greater riches than the 48 poorest countries put together. With only limited environmental space to accommodate the expected 9 billion human inhabitants of the world by 2050, such disparities in consumption are clearly not sustainable
The net worth of the 358 richest people in the world was then found to be 'equal to the combined income of the poorest 45 per cent of the worlds population - 2.3 billion people.
That would be nice if [people] stuck [treasury bills] all under a mattress, but they got to buy something with them. Sometimes they buy a treasury note, sometimes they set up sovereign wealth funds. They can do all kinds of things. They can buy our companies here. As long as we consume more than we produce, and we trade away little pieces of the country daily, they're going to own something. Now, they can't run from American assets. I mean every day the rest of the world is going to have about two billion more of American assets than we have, as long as they sell us these goods.
Imagine a political system so radical as to promise to move more of the poorest 20% of the population into the richest 20% than remain in the poorest bracket within the decade? You don't need to imagine it. It's called the United States of America.
Hurricane Katrina, coupled with Hurricane Rita, which came promptly on Katrina's heels, claimed more than 1,200 American lives. Together, they caused more than $200 billion in damage.
Somebody's buying these treasury bills at 1/20th of one percent. I mean we consuming about $2 billion a day of goods and services beyond what we're producing.As long as we consume more than we produce, and we trade away little pieces of the country daily, they're going to own something. Now, they can't run from American assets. I mean every day the rest of the world is going to have about two billion more of American assets than we have, as long as they sell us these goods.
There are a billion people in China. It's not easy to be an individual in a crowd of more than a billion people. Think of it. More than a billion people. That means even if you're a one-in-a-million type of guy, there are still a thousand guys exactly like you.
When my father started talking about strip mining in the Appalachia back in the '60s, I remember a conversation I had with him where he said, you know, this is the richest state in the country if you look at the resources and the land, but the poorest people after the state of Mississippi: the 49th poorest people in the country.
Trade is now clearly designed to favor the wealthiest and most powerful corporations at the expense of the rest of us. The three wealthiest people on earth now control more assets than the combined incomes of 600 million people in the world's 48 poorest countries.
He who praises another enriches himself far more than he does the one praised. To praise is an investment in happiness. The poorest human being has something to give that the richest could not buy.
Imagine what would happen if the government were to take the wealth of 200,000 of India's richest people and redistribute it amongst 2 million of India's poorest? We would hear a lot about socialist appropriation and the death of democracy. Why should taking from the rich be called appropriation and taking from the poor be called development?
More people are interested in trying to shuffle paper assets around than building lasting assets by producing real goods.
There is nothing wrong with the planet. The planet is fine ... been here 4 1/2 billion years. We've been here, what, a 100,000 years, maybe 200,000. And we've only been engaged in heavy industry a little over 200 years. 200 years versus 4 1/2 billion. And we have the conceit to think that somehow we're a threat? The planet isn't going away. We are.
More than a billion people have downloaded Google Earth. More than a billion people use Google Maps. They are very comfortable tools for people to explore the planet in high resolution.
Taxpayers have spent more than $200 billion in the last decade on computer systems that are antiquated, incompatible, and not doing the job.
The U.S. only has 20 billion barrels of oil in reserve. It seems as though there is no more oil around. Venezuela has 300 billion barrels of oil in reserves. Iraq has, like, 150 billion barrels of oil. Iran, close to 300 billion barrels of reserve. Oil for 200 years, of course.
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