ABCs of Personal Finance
Can Billionaires End Global Poverty?
Yes, these days, millionaires do not really mean that much because of inflation unless if the million is in US$ or UK Pound or even SGD. However, how rich is really rich and what can the richest in the world do for the poorest in the world? Here is one little suggestion from Oxfam which said that just one year of what billionaires made for one year can lift all the world’s poor out of poverty. I repeat, just one year worth of earnings from the billionaires in leading economies is ENOUGH to lift the WORLD’s poor out of poverty. Means they would have enough to eat and a place to stay. That’s all… Read on.
