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There's the obvious counter-argument about not being able to guarantee that investments will increase in value, but I think the more compelling one is that it's
by cjbprime 12y ago
There's the obvious counter-argument about not being able to guarantee that investments will increase in value, but I think the more compelling one is that it's an especially useful time to be donating. According to the UN:
> in 2011, 17 percent of people in the developing world lived at or below $1.25 a day. That’s down from 43 percent in 1990.
It seems worth pushing to nearly-eradicate this "extreme poverty" now, rather than waiting another 20 years and doing something that would likely have a lesser effect on suffering.