Underdeveloped countries scenario

The date of achievement of targets of millennium development goals said to have been achieved by 2015 is really coming closer to reveal its success story to the world. But are those targets really achieving the success. If so to what extent we definitely would like to keep track of these information. Could we really glare at the beautiful, peaceful and wordless environment on earth after 2015. If so, am really excited and looking forward for the same. Hope that underdeveloped countries could get rid of extreme poverty and other extremities such as lack of food stuffs, water resources, poor sanitary conditions and many more so that we people of under developed countries could at least realize how it feels when we have a perfect living conditions. Most probably we also start being creative as their are in developed world as we would have our mind deviate from the sufferings we face in our daily lives towards productivity.

The 1920s were good years for the world economy. On the eve of the great 1929 stock exchange collapse, a journalist asked a speculator how so much money was being made on the market. This was the reply: "One investor buys General Motors at $100" (he meant a GM share) "sells to another at $150, who sells it to a third at $200. Everyone makes money". This seems pure magic, but for a while it can work. In a 'bull market' as in 1925-29 nearly all share prices go up and up. Over those years US industrial shares trebled in price! We all know what happened next.

In recent years the deficits in the household sector, government sector, financial sector and with the rest of the world run by countries such as Britain and the USA have spiraled 
The world consists of a group of rich nations and a large number of poor nations. It is usually held that economic development takes place in a series of capitalist stages and that today’s underdeveloped countries are still in a stage of history through which the now developed countries passed long ago. The countries that are now fully developed have never been underdeveloped in the first place, though they might have been undeveloped.