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.
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You haven’t tried hard enough my friend
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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.
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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
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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.
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Anything can become a compulsion
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I didn’t even know what a kleptocrat was. -sigh- Sometimes my own ignorance appalls me. 😦
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