| |
Send your news items to be posted
to news@prajapati-samaj.ca.
| ....GOOD,
BAD & UGLY FACES OF WEALTH... |
The "World Wealth Report"
is a report on individuals with a net worth of at least
$1 million in all assets except their primary residence.
The report is compiled annually by
Capgemini for Merrill Lynch.
|
|
....THE "WORLD WEALTH REPORT" HILITES....
|
High net worth individuals are defined as those with over $1-million
(U.S.) in investable assets and financial services firms from around the
globe.
The number of high-net-worth individuals in the world grew by 17.1% in
2009
(where was the
recession in the life of these peoples), to 10 million. The combined wealth of those individuals rose by
18.9% (how can one make so much money
in a world recession )to an estimated $39-trillion.
The U.S., Japan, and Germany account for 53.5% of
the world's high-net-worth population
(although their combined population is
a small fraction of the world population).
|
|
......COMPARE THE INDIVIDUAL HIGH
NET WORTH TO
THE NET WORTH OF THE WORLD.....
And you will start wondering
why half of the peoples on this planet earth
are living hand to mouth daily and/or
get only one meal a day.....
|
From
GetMoneyEnergy
web site: The entire
world officially owes itself more money than it can produce in the form
of equity assets. Of course, the calculation might be meaningless, since
the numbers are an aggregate of the nations involved, and it doesn’t
make sense to imagine the world not being able to pay itself back. But
it’s still a thought-provoking state of affairs.
According to a recent report in the Financial Post on the precarious
pressure-cooker that is the current bond market, total world debt in the
form of bonds is equivalent to about $82 trillion dollars USD. The
number nearly tripled since 2001 (when it was only $33 trillion U.S.).
Compare total debt with total assets: the total value of world equity
markets amount to only $44 trillion dollars in USD equivalent.
The
world thus has a negative net worth of about -$38 trillion measured in
USD.
I’m not too sure what exactly this indicates, other than, perhaps, the
amount of inflation ready to leak into the global system.
All these bonds are so much money
“printed.” Most of it belongs to the United States, as we all know.
Greece is barely a pebble on the beach.
|
....WHY PVAF IS PUBLISHING TODAY'S NEWS STORY...
(The following
write-up and comments in smaller fonts in this news story and the entire
news story has been compiled and contributed by
Champaklal Dajibhai
Mistry of
Edmonton, Canada, who in 1999 pioneered the PVAF program "Remove Poverty
Through Education".....based on his life education and life experience
gained and through his consulting business in which he has worked for
about 40 years as a business owner, Professional Engineer and Project
Manager representing Project Owners on many community development
programs to remove poverty through community infrastructure development
revolving around life education in Africa, Ontario and Alberta) |
PVAF's primary reason for existence since its self-birth is a hope that
one day PVAF can say it tried and tried and tried to remove poverty
among earthlings for the next 3 generations of humankind (it takes at
least 3 generation to create a social change among humankind)...Poverty
afflicting humans are as many and more as there are human tribes on this
planet earth...and poverty can be generally classified as whatever
created suffering to a human in his/her physical, intellectual,
emotional and spiritual well-being and welfare of his/her existence in a
life-travel.....PVAF has been sharing knowledge on this web site in all
these four aspects of human life and overall existence in the grand
scheme of all creations in this universe......
This sharing includes the continuing education about the vEDik time era
called kli-yug
that the current humanity is living in its 5112nd year of its
total duration of 432,000 years...with the knowledge that money and
women will be the leading agents of societal life making in
kli-yug
....and the percentage of humans living by the rules and regulations of
DHARm
which is 25 at the start of
kli-yug will progressively decrease to about 10
percent when kli-yug
ends....This 10 percent population will transit into the next
vEDik time
era called st`y-yug
in which 100 percent of the humans will live by the tenets of
DHARm
decreasing to 75 percent when
st`y-yug ends after 1,728,000 years duration....(Please
visit "archived" AASHRAM NEWS articles for knowledge
about DHARm
and also click
here for
VEDA section of PVAF to
read more about vEDik era
and other parts of sciences of life and creation collectively called
vED
in sNskRUt
language...and/or
email to Champak Mistry by clicking
here to discuss any
part of this write-up....)
When read together with the above knowledge sharing.....Today's news story hilites the PVAF mandate's seriousness and challenge
to be faced in the next 3 generations....The statistics of today's new
story is very revealing in the fact:
- that the most of the wealth in the current world is
in the hands of 0.16 % of the total world population....and
- more scarier fact is that most of the world wealth is
also negative asset meaning the net worth of the current world is a
debt.....that means it is not the real wealth compared to having hard
cold cash or gold or tangible assets which can be converted to cash....
With the above two realities how will ever the majority of the people in
the world ever have a chance to be what is currently the golden dream of
even being "middle class" peoples who have a comfortable life through a
well paying job......
On behalf of PVAF I invite for your comments on today's news story and
my brief take above....Just click on the button
"POST A COMMENT' in
the header of this news and share away...most gladly how the challenge
of eliminating poverty among humanity will be overcome....If you wish you can email your sharing for publication on this
AASRAM NEWS page by
clicking
here....
You are invited also to join the PVAF volunteers who are current generation and
half highly educated and pro-active and "out of box thinking" minded
professionals around the world who are working with the PVAF PROGRAM
"TO REMOVE POVERTY THROUGH
EDUCATION"....Please click
here to find out how,
what, when and where of joining this PVAF Volunteer Force.....
|
| Please click on the next line to read the full story of today's
news....and also learn all the details on what it means to be a
"millionaire" in today's world..... |
|
Click here for complete story. |
.....WEALTHY CANADIANS CREATE
CHILD POVERTY
BECAUSE THEY DO NOT WANT
TO STAY MARRIED
AND
CANNOT SAVE FOR JOB LOSS CONTIGENCY.....
|
......CANADA SUFFERS FROM
RELATIVE CHILD POVERTY
AND
NOT TRUE POVERTY AS DEFINED BELOW...
|
|
Poverty is the condition in which a person or
community is deprived of or lacks the essentials for a minimum
standard of well-being and life.
Since poverty is understood in many senses, these essentials
may be material resources such as food, safe drinking water, and
shelter, or they may be social resources such as access to
information, education, health care, social status, political
power, or even the opportunity to develop meaningful connections
with other people in society. This is also referred to as
absolute poverty or destitution.
Relative poverty
is the condition of having fewer resources or less income
than others within a society or country, or compared to
worldwide averages and especially in developed countries. |
Relative poverty views poverty as socially defined and dependent
on
social context, hence relative poverty is a measure of
income inequality. There are several other different
income inequality metrics, for example the
Gini coefficient or the
Theil Index.
As such
these relative poverty statistics measure inequality rather than
material deprivation or hardship.
The
measurements are usually based on a person's yearly income and
frequently take no account of total wealth. The main
poverty line used in the
OECD and the
European Union is based on "economic distance", a level of
income set at 60% of the median household income.
|
|
....PVAF BASIC HUMAN TAKE ON
TODAY'S NEWS STORY....
......with the definition of absolute and relative poverty
above....
CANADA CAN EASILY HAVE
ZERO CHILD POVERTY....
IF EACH CANADIAN FAMILY
VALUES
UPHOLDING BASIC HUMAN DHARm OF
NOT HURTING SELF AND EACH OTHER THROUGH
MIND, SPEECH AND
kARm
(basic human behaviour rules in all belief systems)
DUE TO HUMAN WEAKNESSES
CREATED BY LACK OF KNOWLEDGE OF
OF UNIVERSAL RULES AND REGULATIONS OF DHARm
|
PVAF has a primary mandate to empower humanity to get rid of
poverty through acquisition of life and creation sciences knowledge for
life betterment and gainful employment .....
And with this human welfare mandate PVAF is publishing today this very sad news story about child
poverty in Canada because despite Canada being rated the best place to
live on this planet Earth by United Nations for many years
now...it has not only child poverty but looming poverty among
seniors...simply due to the human fact that in
vEDik time
era called kli-yug
we currently live in....as wealth increases
the humans becomes more centered on "me and I" at the expense of his/her
fellow humans.....
PVAF has published many news articles regarding this
kli-yug
(time reckoning in sciences of creation and life called
vED)
phenomenon in which basic human rights and obligations called
DHARm is
eroding mainly due to increasing wealth which makes the one with money
feel that he/she does not need anything in life other than wealth and
wealth can provide all the happiness one wants....
As this is such a human topic where simply a human's lifestyle choice
could eliminate poverty.....PVAF invites YOUR take on the above thoughts
and also comments on the news article on the next page on the following:
- why children are made to
suffer by parental choice for lifestyle of disharmony instead of
harmonious co-existence;
- why Canadians fail to plan
for life contingencies such as loss of job or unforeseen financial
difficulties...meaning Canadians are living beyond their means and/or
living from hand to mouth...
- why new immigrants with high
levels of educations suffer not only child poverty but poverty of loss
of self-esteem and deprivation of right to use their high education;
(simply click on the
POST A
COMMENT button
in the header of this news story or email your writing for publication
on this website page by clicking
here...)
|
| Please click on the next line to read today's statistics based
research report of fundamental human failure in Canada to ensure
children's welfare... |
|
Click here for complete story. |
......Record monsoon torrential rains
in late July AND through AUGUST 2010
unleashed the worst wave of flooding
to hit Pakistan in living memory....
...While flood waters in the
northwestern Khyber-Pakhtunkhwa province are receding,
a second wave of flooding has descended on the Sindh and Balochistan in
the south.
Hundreds of thousands of people were fleeing areas of southern Pakistan
on August 28, 2010 as rising floodwaters breached dykes and
embankments...
|
....AS OF AUGUST 29, 2020
THE monsoon FLOODS HAD AFFECTED ONE FIFTH OF PAKISTAN
(AN
AREA THE SIZE OF ENGLAND)... |
....The Indus River is raging at 40 times its normal volume,
with the largest sea surge of water now in the Thatta district in
southern Sindh...
.....washed away huge swathes of the rich
farmland supporting economy;
Killing Over 1600...Injuring Over
2400;
Damaging/Destroying 1.7 Million Homes;
Displacing 7 Million peoples of which 1 million in on August 27-28,
2010;
The Most Flooded is the Southern Sind's 19 out of its 23 districts are
flooded,
The Hardest Hit is Punjab with 500,000 houses and 8.2 Million peoples
affected
Affecting Over 17 Million of the 167 Million Pakistan population....
(exceeding the combined total of
individuals affected by the 2004 Indian Ocean tsunami and
the 2005 Kashmir earthquake and the 2010 Haiti earthquake)
The
Pakistani economical damage to infrastructure and crops estimated to
exceed 4 billion USD;
and wheat crop damages are estimated to be over 500 million USD;
Total economic impact estimated to be as much as 43 billion USD.
....UN Secretary-general Ban Ki-Moon
has asked for
an initial $460 million for emergency relief,
50% of the relief funds requested has been received as of 15 August
2010....
Pakistan President Asif Ali Zardari
said
it will take years for his
beleaguered nation
to recover from the August 2010 monsoon floods
|
 |
 
Photo Left:
Everything gone, washed away Plates, a
kettle, a dying cow (Daniel Berehulak- Getty Images)
Photo Right: Women affected by the floods wait for daily ration of
food at an army relief camp (Pedro Ugarte - AFP Getty Images
 |
Please click on the next line to see the flooding calamity and human
suffering thereof and also read a report from a Pakistani on-site in the
flooding......and also where you can monitor the news on a daily
basis...and most important how you can help to alleviate the immediate
suffering and also help in re-building all that has been
damaged/destroyed by the worst flooding in Pakistan's history.....
|
|
Click here for complete story. |
......window to the world....
.......opened by wind of human wisdom....
....COMEDY OF HUMAN BEHAVIOUR
IN WORLDLY AFFAIRS....
(from:
World Culture Pictorial) |
|
H1N1 FLU PANDEMIC: Some protection measure while living regular daily
life
|
|
THE MARRAIGE WOWS IMMEDIATE FIRST TEST: "I will be there for you...."
|
|
Please click on the next line to have more smiles at our human
race....and forget about the Monday worries for the weekend....PVAF
wishes you a very happy weekend with reflection on all the life
knowledge sharing YOU get from
the window to our daily world opened by wind of human wisdom....of
laughing at ourselves..... |
|
Click here for complete story. |
See items from last:
7 days |
14 days |
21 days |
28 days |
Archive
Send your news items to be posted to news@prajapati-samaj.ca.
You are visitor # 89661
|
| SAMAJ | Western Canada
Toronto
Bilimora
Navsari
Punjab
Degam
Akhil Gujurat |
TODAY'S VED LESSON
The meaning of omkaar...through 3 aKSHr (letters) of omkaar....the 3rd aKSHar makes you do unconditinal eternal sevaa....
|
 Upcoming Events
|
|
|
