In Wall Street Wizard, my investments program, we had a homework assignment. It was: Prove or disprove why Haiti is a $375,000,000 loss?
I thought I should prove this because if I try to disprove this it would be to hard knowing in my head that there is no possible way to prove this.
Haiti was found by Christopher Columbus in December 5, 1942. Then colonized by the French. In 1791, the Africans revolted under the direction of Francois Toussaint L'overture. In 1804, after years of bitter and bloody battle, the slaves forced the French to flee the island. The former slaves then formed the first independent black nation. There had been many great black kingdoms in Africa, but never before had a black government replaced a white colonial government. Haiti's recent age average is 15-65 years. Haiti is a place full of riches. It contains nice weather, food, people,etc. It is a place loved by tourist.
I have seen on tv many fundraisers for Haiti. They have donated a lot of money! There has been plenty of them going on. I have heard on the radio that regular people have donated. They all go to charities such as the red cross and others. Basically, it all ends up saying that America has donated this much money. From my mother and father I have heard that Mexico has donated the most money out of all the world. To think that all of the people in Mexico want to come o the US to earn more money because the majority of the people there are poor. It's just odd to hear that. Back on topic, Knowing that the world aiding the damages of Haiti's earthquake disaster.
Think of this the earthquake left a major disaster on a place most visited place by EVERY tourist in the world. People are going to want to rebuild a place they have loved to go to. That means that every one in the wold will be donating money to aid Haiti one way or another. In my opinion it's all going to be one big match to see what country could donate the most money without breaking the bank. Countries will not be donating just measly hundred of dollars. That is not enough. It wont be million of dollars that's still not enough. we are talking BILLIONS of dollars, no doubt. It would come out to be a global lost of around 2.7 billion. To me it's like the time when Russia was the first to go to the moon. America thought they were the best world wide and they were going to beat them and they gave more years of science to school. There for having the best space and science center.
At the end they wont receive all the money sent to help the people damaged by the earthquake. Building will be fully restored but not all. Some ,but not many houses will be built for the people. Food has been sent and that will for sure be given to the people. The plan we should be working on is the long term sustainable projects! That is key! Help the needy when they are 'old news' to people. When they should be helped more that ever and give tons of medicine. At east pay the doctors some way because they have out there volunteering.
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