While Populist Pundits Fortell DOOM! U.N. foresees dramatic cuts in poverty
This is why you don’t need to buy gold. Shortly two wars will be over, the recession will be over, and overall things are getting generally better in most places.
A decade ago, world leaders at the United Nations signed off on eight goals aimed at transforming the lives of the world’s least fortunate - including cutting extreme poverty in half by 2015. Many Americans were skeptical; in a poll, only 8 percent thought that was possible.
This week, as nations gather to assess the goals, the United Nations countered the skeptics with an announcement: The world is actually on track to halve the percentage of people on the lowest rung of the economic ladder.
Even with the brutal global recession, the ranks of the world’s desperately poor are likely to shrink to 15 percent of the population by 2015, less than half of the original 42 percent, said a recent U.N. report.