http://www.theglobeandmail.com/news/politics/g20-agrees-on-new-approach-to-fight-global-poverty/article1795472/
G20 agrees on new approach to fight global poverty
Bill Curry and Kevin Carmichael
Seoul— Globe and Mail Update
Published Thursday, Nov. 11, 2010
The focus of the rich world’s efforts will shift to creating private-sector jobs and away from traditional foreign aid.
The declaration is the pride of the G20’s South Korean hosts, who view themselves as a model for poor countries to follow.
===================
The new plan is to create an internal economy in undeveloped countries by following Korea in building export industries. Hello, that's what's currently failing, the currency wars are only a symptom.
Financing factories in undeveloped counties smacks of cheaper labor taking an advantage of the growing middle class in developing countries, now the developed countries consumers are tapped out and facing massive public and private debt.
Solve the poverty program by creating multi-national sweat shops in the poorest of countries, how generous of our world leaders moving people from the outhouse to the sweat shops to grow (save) the global economy.
---------------------
Of the 3 billion people living on the edge of poverty a billion are hungry. Solving world poverty starts there. We can feed all the hungry by diverting .01% of global digital transactions to a central organization responsible for global food purchases for stockpiling.
Would you really mind an extra 10 cents on a $100 meal or a ten bucks on a two week vacation, to feed all the hungry? As a bonus it would create a 10% in prices based on demand, opening the door to eliminate the $400B in agricultural subsides, ya, out of your tax dollars.
It's really time the G-20 looked in a mag lev system to eliminate poverty globally.