Activism,  Economy

The Greatest Transfer of Wealth in History

Billionaire wealth has hit a record of 10.2 trillion dollars during 2020. This video is about the greatest transfer of wealth in history, how the rich got richer while the poor got poorer as the demolition of small business took place.

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Sources:

Billionaire wealth rises to 10.2 trillion https://www.theguardian.com/business/2020/oct/07/covid-19-crisis-boosts-the-fortunes-of-worlds-billionaires

Times the news has lied to Americans https://thoughtcatalog.com/james-swift/2016/06/13-times-the-news-lied-to-the-american-people-that-prove-you-cant-always-trust-journalists/

Yelp stats https://review42.com/yelp-statistics/

61% of Americans will run out of savings by year’s end https://www.cnbc.com/select/americans-running-out-of-emergency-savings-in-2020/

Teen spending hits 40-year low https://www.usatoday.com/story/money/2020/10/06/teen-spending-hits-40-year-low-due-pandemic-survey/3635700001/

Pandemic recession numbers https://www.nytimes.com/2020/10/03/upshot/pandemic-economy-recession.html

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