Wednesday, June 06, 2007

010 WHY AMERICANS ARE RICHER THAN OTHER NATIONS?

POVERTY COMPARISONS

It is said that a rich Latin American is poorer than 90
% of Americans. It occurs to my mind that same must be the case of Indians, i.e. a rich Indian is poorer than 90% of Americans. The richest among the Indians Mukhesh Ambani and Anil Ambani, rank well among the World Rich.

What does really cause prosperity or poverty of nations and individuals? Ability to produce and sell at exorbitant prices? Export and Marketing successes?

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