04 December 2022

$200 billion dollars

One of the headlines in today's New York times: Worsening debt in poor nations threatens crisis. Looming default risk. Lenders are slow to help--World Bank warns of lost progress.

https://www.nytimes.com/2022/12/03/business/developing-countries-debt-defaults.html

So what's the amount that the poor countries owe, by some calculations? As much as $200 billion dollars to wealthy nations.

An article on visualcapitalist.com has a table of the ten richest billionaires for each year of the last ten. Mostly men. The richest person in 2022 has something over $200 billion. The richest person in 2013 had a rather paltry $73 billion.

Yes, I know it's only money. The 2022 person is Elon Musk so that number may be different now than it was at the beginning of the year. In 2015, two Kochs or two Waltons, together, could have beat out #1, Bill Gates.

No comments:

Post a Comment