Who develop who?
Two hundreds ago, rich countries are 3 times richer than poor countries. By the end of colonialism the gap widened to 35 times, and today they are 80 times richer!
Hypocritically rich countries are saying to compensate this inequality by giving aid USD 130 billion each year. But why the gap is getting bigger?
Because large corporations from rich countries are taking more than USD 900 billion out of poor countries each year through tax avoidance called TRADE MISPRICING. On top of this, poor countries are paying USD 600 billion debt service every year to rich countries on loan that already paid off many years over; and then there is money that poor countries lose from trade rules that imposed by rich countries to get access to resources and cheap labour. Economist from Massachusetts University calculated this costs poor countries about USD 500 billion a year. Altogether, that is more than USD 2 trillion flows from some part of poorest of the world to the richest every year.
The richest 300 people on earth have more wealth than the poorest 3b billion - almost half the world's population. We chose those numbers because it makes for a clear and memorable comparison, but in truth the situation is even worse: the richest 200 people have about $2.7 trillion, which is more than the poorest 3.5bn people, who have only $2.2 trillion combined. It is very difficult to wrap one's mind around such extreme figures. This rule should be ended.