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SHOKING MONEY NEWS.....World has 10 million "millionaires" among 6 billion humans = 0.16% of world population??!!....WHAT'S WRONG?!
Posted by Champaklal Dajibhai Mistry on September 2, 2010 | 0 Comments
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....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.


CHILD POVERTY IN WEALTHY CANADA....mainly created by MARRAIGE BREAKUP and LOSS OF JOB....
Posted by Champaklal Dajibhai Mistry on August 31, 2010 | 0 Comments
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.....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.


BREAKING SUNDAY NEWS:....PAKISTAN'S MONSOON FLOODING WORSENING....PVAF prays for speedy receding waters and speedy recuperating from all losses....
Posted by Vishva News Reporter on August 29, 2010 | 0 Comments
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......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 


Map: BBC World


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.


SATURDAY SMILE.....PICTURES THAT TELLS THOUSAND WORDS OF JOKES......about human behaviour......
Posted by Vishva News Reporter on August 28, 2010 | 0 Comments
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......window to the world....
.......opened by wind of human wisdom....

....COMEDY OF HUMAN BEHAVIOUR 
IN WORLDLY AFFAIRS....

(from: World Culture Pictorial)
 

A couple attempts to kiss. Across Mexico more than 1,300 people were tested for suspected swine flu infection and 400 were taken to hospital for checks. Health officials believe that tens of thousands, and possibly more, have been infected but have since recovered.

 

H1N1 FLU PANDEMIC: Some protection measure while living regular daily life 

 

funny photo: a surprising episode on the road on wedding day


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.


 

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