December 6, 2011
"Over the past decade six of the world’s ten fastest-growing countries were African. In eight of the past ten years, Africa has grown faster than East Asia, including Japan. Even allowing for the knock-on effect of the northern hemisphere’s slowdown, the IMF expects Africa to grow by 6% this year and nearly 6% in 2012, about the same as Asia."

— The hopeful continent: Africa rising | The Economist (via mediafuturist)

This is the kind of misleading statistic that should never be published as-is. I assume it’s true of course. But it’s meaningless.

If my income grew at 6% and Warren Buffet’s only grew at 1% I would never in any reasonable period of time catch him. So the real stat is true growth, dollar for dollar, euro for euro.

(via emergentfutures)

6:32am  |   URL: http://tmblr.co/Z81Q7yCu7YKl
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    After reading about and watching documentaries on the personal debt crisis, refugee problems, rapes and human organ...
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    This is the kind of misleading statistic that should never be published as-is. I assume it’s true of course. But it’s...
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