Yes it's true. This is how we have re-defined the word Rich, per the world we live in with deminishing values today. 

We are more concerned about ourselves. Yes or no? We value material wealth over moral wealth. Our all external and internal senses are aligned to our desires and wishes. Not even our free will in most cases.

We can continue to write a long list but most important is what we can do to leave behind. The 'New Poor' ? If not, what? 

Often one song reminds me of a world renowned singer LOUIS Armstrong - ' What a wonderful world. I see trees of green, red roses too. I see them bloom for me and you. " 

Louis Armstrong - What A Wonderful World

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If you don't see this world, invite yourself to try once. You may only win. It was, it is and will be a wonderful world, if you choose to see it that way by Not being defined as 'New Poor' and just being you with reminisces of your roots.

Some call these memories of past generations, stories leading to creation of this wonderful world. 

Courtesy : Foreign Affairs Forum