If I were a rich man ... Oh, I am?

A streamer on RT TV the other day noted that SUVs, “once an example of American excess” are now the most popular vehicle in the world.

Now comes this: “Extreme poverty fell to 15% in 2011, from 36% in 1990. Credit goes to the spread of capitalism.”

http://www.aei.org/publication/greatest-achievement-human-history-one-probably-never-heard/#.VFeCIDpyBTI.twitter

Some months back, a cable news network story mentioned the challenge caused by global obesity.

What all that says to me is, a lot of the world’s population has money to spend, and it’s spent on food and big cars. Rather like the American way.

Link at maggiesfarm.

But wait! There’s more!

“Twenty-five years on (from the collapse of the Berlin Wall), many of the capitals of Eastern Europe are now richer than their counterparts in the West. With freer markets, lower levels of state spending and debt, and mostly outside a dysfunctional eurozone, they look set to easily outstrip them. Since the Wall came down, most of the East has been moving in the right direction, and the West in the wrong one, with a dramatic impact on prosperity.”

http://www.telegraph.co.uk/finance/comment/11205667/Berlin-Wall-is-truly-history-free-market-East-is-overtaking-West.html

Link at gatesofvienna.net