New Report Highlights How Covid Lockdowns Helped The Rich Get Richer & Decimated The Poor
Covid has been an inconvenience for the rich. If one has a nice isolated home, a nice isolated portfolio, and a nice isolated place to work, life goes on, with fewer overseas vacations. For many people of more limited means, those means have become even more limited over the last year.
(From The Washington Standard)
The Oxfam report, titled “The Inequality Virus”, was published on the first day of the World Economic Forum’s Davos agenda meeting. It exemplifies the stark contrast of wealth inequality between the global elite and the average individual; as it indicates Covid-19* has the potential to increase economic inequality in almost every country simultaneously.
*Policy response to Covid-19
This article was originally posted here: https://www.ac2news.com/2021/02/new-report-highlights-how-covid-lockdowns-helped-the-rich-get-richer-decimated-the-poor/.
