US Billionaires Gained $1 Trillion Since The Pandemic Started, As Middle Class Loses Everything
Beschreibung
American billionaires haven't been just immune to the pandemic, they have been thriving in it, drastically increasing their collective wealth. An analysis by Chuck Collins at the Institute for Policy Studies found that American billionaires have been their wealth grow by $1 trillion since March of this year - more than 34 percent. That was not the case during the 2008 financial crisis when it took Forbes' 400 richest people three years to recoup their losses from the Great Recession. Collins' findings highlight a wealth gain by a mere 650 individuals that, as Statista's Niall McCarthy notes, seems obscene at a time when nearly 7 million Americans are at risk of eviction when moratoriums expire at the end of the year.-
https://www.youtube.com/watch?v=95ljG-GE0Ro
Learn More: https://www.zerohedge.com/personal-finance/us-billionaires-have-gained-1-trillion-pandemic-started
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