Source unknown – the real measure of your wealth
“The real measure of your wealth is how much you’d be worth if you lost all your money.” – Source unknown
Read moreTag: money
Money Moved Into Offshore Bank Accounts
Minimum amount that Chinese citizens have moved into offshore bank accounts since 2002: $1,000,000,000,000
Read moreCartoon – Time is Money
With money you can buy…
“With money you can buy a house, but not a home. With money you can buy a clock, but not time. With money you can buy a book, but not knowledge. With money you can buy blood, but not life. With money you can buy sex, but not love.”
Read moreThe sad state of warehoused children
Russian orphanages are a scandal, said Jennifer Rankin. State institutions house nearly 400,000 children, a population larger than many cities. But less than one third of these children are actually orphans. Many “fall into the system when their parents, often fighting a losing battle with alcohol or drugs,” lose their parental rights. Even more of them—nearly half the total—have disabilities, […]
Read moreCartoon – Can I Borrow Ten Bucks?
Cartoon – Personal Loans
Eight Men Who Are Doing Quite Well
A notice appeared in the paper recently with the names and faces of eight men who have a combined wealth of $426 billion. According to Oxfam International, in 2015 this would have equaled the amount of wealth held by half the world’s population, the poorest half. Oxfam International is a confederation of charitable organizations in 90 countries seeking to stop the injustices that […]
Read moreWhy Poor People’s Bad Decisions Make Perfect Sense
There’s no way to structure this coherently. They are random observations that might help explain the mental processes. But often, I think that we look at the academic problems of poverty and have no idea of the why. We know the what and the how, and we can see systemic problems, but it’s rare to have a poor person actually […]
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