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Date: 2024-11-23 Page is: DBtxt003.php L0900-PP-Billionaire-wealth-during-pandemic-01a
PROGRESS AND PERFORMANCE
WEALTH
BILLIONAIRE WEALTH INCREASE DURING 2020 PANDEMIC
The 2020 Pandemic has caused an economic crisis for most everyone.
.., with the exception of the rich and ultra rich!
Why does this happen?
The socio-enviro-economic system has been gamed by the rich and powerful ... mostly without much understanding of the underlying systemic behaviors.

A year leter, that is July 2021, the increase in wealth by the ultra wealthy has become even more obscene. The financialization of the modern economy is working well for owners, but not at all well for everyone else.

There is something fundamentally wrong when the stock market in New York is at record levels while as many as half the US population is behind on their rent, utility bills, etc., and has difficulty paying to put food on the table.
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