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Revealed: How immigrants in America are sending $120 BILLION to their struggling families back home

 
JUST HERE
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User ID: 25610447
United States
01/31/2013 10:13 PM
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Revealed: How immigrants in America are sending $120 BILLION to their struggling families back home
Migrants working in the United States sent a staggering $120 billion back to their families last year, it was revealed today.

The amount of money being sent by migrants across the entire world reached $530 billion last year, making it a larger economy than Iran or Argentina, the data from the World Bank showed.


This worldwide figure has tripled in the last ten years and is now three times bigger than the total aid budgets given by countries around the world. It has sparked debate whether this so-called remittance money could be a viable alternative to relying on help from other governments.

In the United States last year, more than $120 billion was sent by workers to families abroad - making it the largest sender of remittances in the world. More than $23 billion went to Mexico, $13.45 billion to China, $10.84 billion to India and $10 billion to the Philippines, among other recipients.
[link to www.dailymail.co.uk] angry
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JUST HERE (OP)

User ID: 25610447
United States
01/31/2013 10:17 PM
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Re: Revealed: How immigrants in America are sending $120 BILLION to their struggling families back home
colorbump
:glp sign:
Anonymous Coward
User ID: 33432243
United States
01/31/2013 10:31 PM
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Re: Revealed: How immigrants in America are sending $120 BILLION to their struggling families back home
of course, but that at all, they are also building business', buying up beach property, etc.
Anonymous Coward
User ID: 19315397
Mexico
01/31/2013 10:38 PM
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Re: Revealed: How immigrants in America are sending $120 BILLION to their struggling families back home
Well , they must be working hard and saving money , definitely they are not living on welfare !!


wtfwhatever
Anonymous Coward
User ID: 33432613
Japan
01/31/2013 10:39 PM
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Re: Revealed: How immigrants in America are sending $120 BILLION to their struggling families back home
Stingy?

As long as the Work legally i
cant see a problem here!
Anonymous Coward
User ID: 21903530
Canada
01/31/2013 10:51 PM
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Re: Revealed: How immigrants in America are sending $120 BILLION to their struggling families back home
All those billions?

You didn't print them.
Anonymous Coward
User ID: 8260452
United States
01/31/2013 11:01 PM
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Re: Revealed: How immigrants in America are sending $120 BILLION to their struggling families back home
Don't worry, part of the immigration reform that they are working on right now is that the illegals' families can come to America and become citizens as well.
Anonymous Coward
User ID: 5337378
United States
01/31/2013 11:22 PM
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Re: Revealed: How immigrants in America are sending $120 BILLION to their struggling families back home
where is the problem here? working hard and drinking beer and complaining,,,gtfoh
Anonymous Coward
User ID: 28229045
United Kingdom
01/31/2013 11:25 PM
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Re: Revealed: How immigrants in America are sending $120 BILLION to their struggling families back home
whatever

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