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Why do third world countries still exist?

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I was readings up in the new paper a few weeks ago and it said that in north america over 1 billion was spent on cosmetics this year which in turn could have probably saved about over 5million lives in third world countrys. Why do we feel the need to spend our money on consumer good while there are people who are literally straving to death who probably don't even know what makeup is. Its competely unfair for them to be suffering while we live in a place with good standard of living and economy. Why is this still a issue in the world today??? why hasn't this issue been solved yet? is it because we poured our money into fighting a pointless war or is it becuase we just have to buy that lipstick or have that cell phone. It's disgraceful how materalistic people have become with putting themselves before others who actaully need help to survive.