What a waste of money…

October 30th, 2009 § 3 comments § permalink

This link, courtesy of Luna17, takes you to the billion-dollar-gram on the information is beautiful website, check it out:

informationisbeautiful.net/visualizations/the-billion-dollar-gram/

Some highlights:

The OPEC climate change fund is only 0.06% of total OPEC earnings

The value  of the Internet Porn Industry is almost as large as the amount of foreign aid given by the World’s Major Nations

The US defence budget is nearly large enough to feed and educate every child on earth for 5 years

The amount of money that the UK government spent on bailing out the banks would have more than covered the entire debt owed by African Nations to the West…..

Part of me, unfortunately, is not very surprised at the sheer scale of waste and inequality.  What is clear is that the necessary resources exist for us to transform the world – we don’t need huge leaps in technology, or to rely on developing countries to grow their economies for the next 50 years  -we need permanent  Redistribution…

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