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War on poverty has been successful because of a massive wealth transfer from rich countries. There is nothing wrong with this, except the global financiers kep
by Bucephalus355 8y ago
War on poverty has been successful because of a massive wealth transfer from rich countries.
There is nothing wrong with this, except the global financiers kept around 50% cut for themselves once all intermediaries are added up.
Just like they did to rich countries, they will abandon these countries in due time, setting off social distress just like in the US. While the US has a resistant democracy, these counties will likely spin into dictatorships and totalitarianism states.
World is definitely going to get better, but we’re heading to the part where a bunch of institutions get destroyed in order for new ones to be built. Will be very chaotic.