Zillionaire fake philanthropist Bono is at it again, fronting for global predatory finance at the TED talks. The greedy twat Irishman’s data lays claim to improvements in the world that are completely unrelated to the rapacious predatory capitalism he shills for. His pet continent Africa has grown significantly worse over the past 30 years, but you wouldn’t know it from Bono’s cooked books.
Harry Browne is on the case:
…In sub-Saharan Africa, where Bono’s agenda has been concentrated, the absolute numbers below every poverty threshold have skyrocked since 1981, with the number of extremely poor rising from 205 million to 386 million in 2008; at the below-two-dollar-a-day threshold the sub-Saharan numbers have almost doubled in the same period, to 562.3 million.
…As the World Bank acknowledges: “There has been less long-run progress in getting over the $2 per day hurdle.” The number of people in this category remains, after three decades, around 2.5 billion.
Slide the threshold slowly upwards and you very quickly embrace the majority of the world’s people – 80%, for example, living on less than $10 a day.
In his homeland of Ireland, the megashill is despised by more than a few for storing his multi-millions in off-shore accounts where they can’t be taxed by the desperately strapped Irish government. So much for the concern over poverty. He won’t even pay his share of taxes to help fight poverty in Ireland.
Harry Browne also gives a nod to this film:
The End of Poverty?
The End of Poverty?, and makes the compelling argument that it’s not an accident or simple bad luck that has created a growing underclass around the world.