On: Ask HN: What would you do with $700 Billion?

[felipe]

A few years ago I attended a talk by Prof. Jeffrey Sachs, professor at Columbia University who was commissioned by the UN to develop a program to end worldwide poverty with sustainable, long-term initiatives -- Note this is not the standard aid, but stuff like microcredit and micro-entrepreneurship.

He traveled the world and came back with the price tag: $1 trillion. That is not to relief, but to END poverty worldwide.

[kf → felipe]

Sounds about right. This is something worth adding a trillion to the US Debt for.

[yters → felipe]

What kind of guarantee did that have?

[whatusername → yters]

Probably a better one than anything that Paulson is giving!