For Every $1 Gained by a Bottom 90 Percenter Since 2020, a Billionaire Got $1.7M

While the vast majority of people were struggling to stay alive and weather economic instability during the first two years of the pandemic, the world’s richest 1 percent were thriving as the proportion of new global wealth they were capturing soared to new heights, a report reveals. Over the past decade, the global top 1 percent has taken about half of all new wealth — an already extremely high…

Source

This post was originally published on Latest – Truthout.