this post was submitted on 01 Oct 2023
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Again, the WorldBank uses a $1.90/day threshold for extreme poverty, a rate at which no one in any country can sustain basic human nutrition and ensure a standard life expectancy. The UN uses the ~$8/day as a standard by which the aforementioned can be accomplished, and by that measure, the vast majority of poverty reductions in the last 40 years have been in China, and not just any globalized nation. China has brought hundreds of millions of people out of poverty, the rest of the world has done remarkably little in comparison.