To End the Poverty

To End the Poverty

This article is primarily for ending the extreme poverty (for those who earn less than $1.25 per day).

NOTE: we are constantly updating this page and the entire website till the end of this year.

Before we discuss as to how to end the extreme poverty, we need to be aware of some of the overall patterns in the world.

There are numerous efforts to end the extreme poverty in the world, but the extreme polarizations of the global wealth has been intensifying over more than 2 decades.

Wealth of world’s billionaires doubles since 2009 After the financial crisis in 2008, after all the big bank bailouts, the US middle class shrinked, followed by many other countries, but in 4 years, the number of billionaires doubled. This should be reversed.

As of late 2013, the collective wealth of the world’s billionaires reached $6.5 trillion , which is nearly as large as the gross domestic product of China, the world’s second-largest economy.

, which is nearly as large as the gross domestic product of China, the world’s second-largest economy. T he world’s 100 richest people earned a stunning total of $240 billion in 2012 – enough money to end extreme poverty worldwide four times ove r, Oxfam has revealed, adding that the global economic crisis is further enriching the super-rich.

r, Oxfam has revealed, adding that the global economic crisis is further enriching the super-rich. the world’s 400 richest men have the wealth of a few millions of the poorest Americans .

. Note that in the following documentary, End of the Poverty (2007) , the data are slightly off because it was made some years ago.

, the data are slightly off because it was made some years ago. It costs about $50-60 Billions of USD (per year) to end the extreme poverty according to Jeff Sachs and more from other conservative estimates, not $20-30 Billions to completely end the extreme poverty in the world . So far, the global community is doing badly. How to achieve this within a year? If you want to see the alternative possibility that USL suggests, please CLICK this link, subscribe the free newsletter and get updated.



. So far, the global community is doing badly. How to achieve this within a year? If you want to see the alternative possibility that USL suggests, please Note that the entire asset of Bill Gates is equivalent to or more than the money that can end the extreme poverty per year. More than 50% of the countries with the extreme poverty are located in Africa.

The list goes on and on, but USL’s recent strategy can work miracles if the public consider the possibility and pay attention to support the idea.

We have a related article to this called Why we must reduce the extreme wealth concentration and the extreme poverty.

Q: How are the specialists on the issue: when will be the extreme poverty over?

Ans: The following is an optimistic target that World Bank, UN, etc, are pursuing.

I borrowed the following three charts from an article called

This article was based on the study from the Brookings institute, which shows the interactive graphs.

In the early 1990s, China had the most number of people who live in the extreme poverty as you can see in the graph below. Since then, Chinese in the extreme poverty has been drastically reduced. The next ones are the main peaks from India and the Sub-Saharan countries.

As of now, the graph above seems to indicate the reasonable possibility that by most of the extreme poverty can be possibly over by 2030, but is that so simple?

“In terms of what this all means for people, the graph below shows the range of outcomes the authors estimate might occur depending on growth in the developing world, and how the benefits of growth are distributed. The human implications are staggering: At the world’s current population, the difference between the best- and worst-case outcomes shown below is in excess of 600 million people. And keep in mind, we are talking about $1.25 per day as the marker for “non-poor.””

The margin of error for almost half a billion people is huge.

As the error bar here is 600 Million people, I personally am skeptical to the approaches to World Bank and UN, etc. As far as I am aware, there is nothing even remotely close to the way USL Go Global is proposing for this issue. It is totally a win-win situation. So please share our strategies to people around you as this campaign started lately.

A great discourse on why poverty exists when there is so much wealth in the world. A must see for anyone wanting to understand not only the US economic system but the foundations of today’s global economy.



SOLUTIONS:

Q: So how will USL be able to make this happen? (much faster, effective, and extremely in an unorthodox way)

ANS: a rough blueprints as to how this can be done is given in the following links: converting over 90% of saving time in math/science education or learning with the equal or better proficiency of them than before – for any participating country – worths trillions of dollars in terms of the human capital, which boosts the economy of the countries that embrace USL approaches. The surplus gained from this is partially redistributed in hundreds of billions of dollars for ending the extreme poverty around the globe initially, and then later they will be easily increased after seeing the initial success.

For more details as to how to end the extreme poverty very quickly in a very unorthodox and surprising way, please follow the links, which are sequels to this article, here.

If this works, even if partially, this can end the extreme poverty within few year, and possibly in just 1-2 year, not half + century.

We will start campaigns; so please share our updates.

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© Copyright 2013 admin USL , All rights Reserved. Written For: USL1: to resolve the entire top 5 world crises (of Transition to Renewable Energy, Environment, Sovereign Debts, Population growth, and Poverty) whose total costs will be 3-8x of the current world GDP in 15-25 years using the the world´s surplus GDP induced by USL1.0 (2.5x-10x-40x in 10-20-30 yrs.) instead of collapsing with them (with the UN, gov & NGOs)