Wealth and poverty

A question from Yahoo! Answers:

Is there enough wealth in the world to bring everyoune out of poverty ???

The question is hopelessly misguided. Poverty exists not because there is not enough wealth, but because creation of wealth is restricted by poor government policies. Take a look at India; it’s a poor country. Now take a look at Indians who live in the U.S., Britain, Singapore, or even Africa; they tend to succeed well beyond average. What’s the difference? The Indians living overseas don’t have to deal with Indian bureaucracy…

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