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Yes. It's a better term.

But many southern countries are very rich? It's confusing

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All the previous terms were even more confusing. We need another, better better term.

Probably the Global Poor.

We should just not group countries together, treat them as individuals

Group identities is woke bullshit

Yes please. No borders, only consentual trade. Rules without rulers.

Well that's what "global poor" would do: we could refer to the individual people who are poor.