The dogs are winning

Mar 30th, 2010 – 4 Comments

More than 2.8 billion people almost half the population of the earth lives on less than $2 a day. 1.2 billion people about 20% of the population of the planet live on less than $1 a day.


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Lou Schizas is an equities analyst, investor, entrepreneur, professor and television and radio personality – and a true believer in the happiness-inspiring powers of capitalism.


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I have always looked to raw data to give me a sense of value and there are times that the data makes your head spin.

dog

The cost of owning a dog over an average lifespan of 12 years ranges from a low of $4,620 to a high of $32,900 which on an annualized basis is $385 to $2,741. On a daily basis it works out to $1.05 to $7.50 a day.

The other data set is what people live on.

More than 2.8 billion people almost half the population of the earth lives on less than $2 a day. 1.2 billion people about 20% of the population of the planet live on less than $1 a day.

 

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