Covid-19, Economics, International, US Politics

Covid recession casts 100 million into extreme poverty, while world’s richest gain record trillions

Two mainstream reports issued in October, the USB Billionaire’s Report and the World Bank Poverty Report, together showed that under the Covid-19 pandemic the rich getting richer and poor getting poorer have reached gargantuan levels. Together they are, as Eric Fretz notes here, an unwitting indictment of capitalism.