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I will return to Sovereign funds in future posts but for now let’s return to what I want to achieve : TO CONQUER GREED.  THE MAIN problem that contributes to WORLD POVERTY.

What is greed?

An excessive desire to acquire or possess more than what one needs, or deserves, especially with respect to material wealth.

When it comes to consumption of or desire for food it becomes Gluttony.

It then turns into Avariciousness, Cupidity, Avarice, Covetousness, Acquisitiveness.

For me it is an indelible survival gene in human DNA no matter how you try to define the word.

The more you get the more you want.

The incorruptible silence of Poverty will haunt us all unless it is eradicated. 

It does not take a genius to know that there are many forms of Poverty.

However if you consider the number of Charitable Organisations in the world ( there is no clear-cut way of knowing the exact number. The Uk alone has over 170,000 the USA over a million) let’s say it’s an industry all on it own with all of them competing for donations that make very little impression.

If you were to ask the question: How much does the world actually spend on Foreign Aid. The answer would set your head in a spin. At the risk of this I set out here below in layman terms some facts.

OVER THE LAST FIFTY YEARS THE DEVELOPING COUNTRIES OF this planet have given as much as $2.3 trillion in foreign aid – and still there is an Overwhelming amount of Poverty.

Let’s try to get the above in to perspective.

In 2001 Donald Rumsfeld Sec of Defense USA ( not a man I admire) stated that the Defense Department was so bad at keeping track of its funds / budget, that there was $2.3 trillion it could not account for.

This as I am sure you have seen is equal to the total amount of aid spent by developing countries.

The cost of the Iraq War is estimated to come to $ 3 trillion. Lies always come back to bite you.

Since 2002-2011 the USA has spent :

Afghanistan  ——- $ 60,017,650,000

Israel ————–$30,645,470,000

I could at this point bombard you with Poverty Facts & Stats, such as almost half the world – over 3 billion people – live on less than $2.50 a day , or 22,000 children die each day, a billion can read or write. On and on till your brain shuts down. ( wwww.global issues.org)

By the year 2030 over 1.5 million people ever year will die from breathing smoke, from poorly – composite biomass fuel. ( www worldengeryoutlook.org.)

In the end just think what 0.0001% on all stock exchange transactions world-wide would do,.( see previous posts)

The third world as we like to call it is not a world apart. It’s voice can be heard with the power of the Smartphone.