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Billionaires
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From
09/03/2007 16:03:57
Hilmar Zonneveld
Independent Consultant
Cochabamba, Bolivia
 
 
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Forum:
Finances
Category:
Other
Title:
Billionaires
Miscellaneous
Thread ID:
01202434
Message ID:
01202434
Views:
15
http://news.bbc.co.uk/2/hi/business/6432941.stm

The number of billionaires has risen, and if I understand correctly, Forbes magazine attributes this to an improve in global economy.

I hereby offer two alternative explanations, both of which imply a worsening in the general economic situation.

1. It seems that calculations are done in US$, and it is my understanding that the value of this currency has decreased, compared to other currencies. For example, how would the comparison over the years look if people with more than a certain amount of Euros are searched?

2. I have seen references in several other news items, stating that the rich get richer, and the poor get poorer. Or something to the effect.
Difference in opinions hath cost many millions of lives: for instance, whether flesh be bread, or bread be flesh; whether whistling be a vice or a virtue; whether it be better to kiss a post, or throw it into the fire... (from Gulliver's Travels)
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