Topic: [The Guardian] 'Heads we win, tails you lose': how America's rich have turned pandemic into profit  (Read 1636 times)

0 Members and 1 Guest are viewing this topic.

'Heads we win, tails you lose': how America's rich have turned pandemic into profit

As 26 million Americans lose their jobs, the billionaire class has added $308bn to its wealth

Never let a good crisis go to waste: as the coronavirus pandemic sweeps the world, America’s 1% have taken profitable advantage of the old saying.

Some of the richest people in the US have been at the front of the queue as the government has handed out trillions of dollars to prop up an economy it shuttered amid the coronavirus pandemic. At the same time, the billionaire class has added $308bn to its wealth in four weeks - even as a record 26 million people lost their jobs.

Continue reading...
Source: 'Heads we win, tails you lose': how America's rich have turned pandemic into profit

Feeds culled from https://www.theguardian.com/uk/rss

 

Related Topics

  Subject / Started by Replies Last post
0 Replies
1830 Views
Last post March 13, 2020, 07:03:55 AM
by PulseNG
0 Replies
2228 Views
Last post March 21, 2020, 01:20:01 AM
by The Guardian
0 Replies
1590 Views
Last post April 10, 2020, 01:07:55 AM
by The Guardian
0 Replies
2049 Views
Last post April 10, 2020, 07:08:31 AM
by The Guardian
0 Replies
2092 Views
Last post April 11, 2020, 01:08:51 PM
by The Guardian
0 Replies
1982 Views
Last post April 13, 2020, 07:17:55 PM
by The Guardian
0 Replies
1821 Views
Last post April 15, 2020, 01:36:35 AM
by The Guardian
0 Replies
1833 Views
Last post April 18, 2020, 07:06:37 AM
by The Guardian
0 Replies
1656 Views
Last post April 22, 2020, 01:10:56 AM
by The Guardian
0 Replies
1857 Views
Last post January 19, 2021, 07:02:51 PM
by PulseNG