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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Frodo Baxter who wrote (1082)	12/3/1998 11:16:00 AM
From: Chip McVickar	Read Replies (2) of 3536

Lawrence, If you dig a little further into that site you linked you will find this piece: "Urgent action needed...number of undernourished in the world increases" fao.org >>"...to wild, unsubstantiated claims seemingly conjured out of thin air."<< If one could review data of general populations in all industrial countries [by industrial I mean any functioning economy that produces substantial trade] and then remove - 'those populations who live near subsistence levels' relative to each nation....then add to this the truly impoverished of those countries.... [leaving out people who survive paycheck to paycheck with no savings].... then do the same for emerging economies (essentially breaking out those who live comfortably)..... One would get an answer on a world wide basis....and this answer would be; that closer to 75-80% then 50-60% of the total world population....lives near or under acceptable levels of living standards relative to international health standards. But this data would be hard to obtain as it would obscured by national interests and inadequate census counts. No doubt this has been attempted by some of the world watch or health organizations. My figures and this conjecture are “not pulled out of thin air”....but I am going to have to rediscover the source and present the documentation....If I cannot do this and have it come from a responsible provider of data, I will not be able to defend my position. In this you are correct...I assumed that you were ‘not' a member of Sen's classroom work; was my assumption wrong..? I wonder what Sen would say to this disagreement? At the basis of this discussion is the belief that Dr. Sen's' work will become more important to the worlds economic policies.....very shortly. Deflationary realities, brought on by over capacity world wide will require the creation of new world markets and improvement of distribution within these markets and this can only be accomplished by attending to the underdeveloped populations in both developed and emerging nations. Along with this will come the problem of increased pollution. Chip

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