Life at № 42
An investigative economist has crunched 45 years of official statistics to discover just how much kleptocrats have plundered from 150 mostly poor nations.
Full text: How the Kleptocrats’ $12 Trillion Heist Helps Keep Most of the World Impoverished – The Daily Beast
One day when I am rich I will understand why people hoard money. At this point I simply can’t
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I always try to hoard money, but since I don’t have any, I’ve yet to succeed.
You haven’t tried hard enough my friend
Remember when they froze Gaddafi’s money? He had 60 Billion that were easily traceable invested in the US and Europe. Imagine how much he had hidden.
I will want lessons in spending a billion dollars before I can learn to hoard them!
You mean 60B! I don’t want to know what he hid and hasn’t been found
I don’t understand how anyone hoards so much money…I have a $20 in my purse and everyone I know crawls out the woodwork (because they smell the money) looking for their piece of it.
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It must mess with their minds. Or maybe it turns into a compulsion.
Anything can become a compulsion
I didn’t even know what a kleptocrat was. -sigh- Sometimes my own ignorance appalls me. 😦
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