Saturday, 31 May 2008

• 50 Billion Bucks

  

  One of the founders at GSTF asked today what any of us would do for the world if we had Fifty BILLION $. I replied that I wouldn't know what to do with 50 Million, let alone fathom that amount.

  But truly, my answer was pretty straight forward after I googled, "how much would it cost to end world hunger".

  "The cost of providing one billion people with 250 kilograms of grain every year is approximately $40 billion dollars a year. That would seem to be a lot of money, but with one billion people to pay, it is no big deal: $40 a year! An even more moderate estimate is provided by the organization Netaid: Just $13 billion dollars a year and the basic health and food needs of the world's poorest people could be met.

  With $50 billion a year as an estimated cost of ending world hunger, the expense for each well-off person is one dollar a week. It is the growth in the number of rich people on the planet, while the number of poor has not grown, that results in this favorable situation, unprecedented in human history."  Tor Norretranders

  What about you?  What would you do with 50 Billion Dollars?

   

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