|SIGNAL: While millions around the world face uncertain or bleak financial futures, large state rescue packages have seen the wealthiest get wealthier still, with stock and asset prices soaring despite declining economic activity. |
NOISE: Given that the current state affairs in the US and UK is enriching the top .01% why would they want anything to change?
- During the coronavirus pandemic, American billionaires have seen their collective wealth grow to $4 trillion.
- The 10 richest billionaires are now worth more than $1 trillion, which is larger than the current stimulus package being negotiated.
- Meanwhile, lower-income Americans have been particularly hard hit during the coronavirus pandemic.
Read the full story on Insider (AKA Business Insider)
Why the rich are getting richer but the economy will NOT recover from COVID-19 – GarysEconomics
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