Economic, gender, and racial inequalities have worsened as over 160 million more people were forced into poverty in the past two years, Oxfam said.Billionaires' wealth has risen more in the period since the pandemic began than it has in the past 14 years, according to the report, which compiled data from Forbes.
Nine of the 10 richest men are Americans, including Tesla founder Elon Musk and Amazon founder Jeff Bezos. Oxfam notes that while the richest men's wealth has increased at a rate of $15,000 per second, inequality has contributed to the death of at least 21,000 people each day — or one person every four seconds.that found the gap between rich and poor countries had widened during the pandemic.
Oxfam's report warns that inequality between countries is expected to rise for the first time in a generation, with
Yeah, but it’s those $1300 checks that are the REAL problem 🙄
:-).
Bring out the guillotine
Can someone explain inflation now?
And we are struggling to pay rent on time.
I mean to be fair the stock market did double in value from the bottom in 2020... A ton of people who had money in the stock market saw significant gains, not just the super wealthy.
All the closures, particularly sever in Democratically controlled states, bankrupted thousands of small and medium business and transferred their customers to the big companies, making their owners, executives and investors wealthier.
TaxTheRich
And you got people on here licking his ass, what a shame.
There is a philosophical 'what if we did... something... and then redistributed wealth?' Question here
Wow, so excited for this to trickle down to a resort on Mars or whatever.
Disgusting.
And experienced no compunction, no doubt. Wealth was garnered on the backs of the underpaid producers, as usual.
Chaos creates opportunities
They were getting rich when everybody else was getting poorer
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