HOW DO YOU EXPLAIN THIS?

From a report in Times of India [ 13, July 2012 ] :

• During last year , British people left “ unworn “ , 1,700,000,000  items of clothing ( approx. 28 items per person )

• Approx 1/3 rd of these “ unwanted “ clothes ( 430,000 tons ) ended up in landfills ( garbage dumps )

• Total cost of these “ unworn “ items was British Pounds 30 billion

• That means , during last year , on an average , every British person threw away , brand new clothes worth,

·     Pound ……… 484

·     Dollars……….757

·     Rupees…….. 41,624

(more than per capita income of 1.2 billion Indians  !)

• And this is a country with

·     4,500,000  unemployed

·     $ 200  billion of budget deficit

I suppose these ( no doubt ) imported garments must be helping the Chinese Economy !

Hemen  Parekh