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Two shocking headlines that sum up Covid: Billionaires MADE $3.9 trillion during the pandemic, while workers LOST $3.7 trillion

The economic impact of Covid-19 on regular folk across the globe is as devastating as the physical toll it has taken, but we can’t just blame the super rich(er) for our woes – the true villains are much closer to home.
In a simple comparison, two headlines seem to say it all about the economic impact of the Covid-19 crisis: the first, from Business Insider, reads “Billionaires made $3.9 trillion during the pandemic” while the second, from The Guardian, shouts “Covid-19 has cost global workers $3.7 trillion in lost earnings.”

A classic case of robbing Peter to pay Paul, it would appear at first glance but of course, the world doesn’t work that way and the two ideas behind the headlines are not directly related, no matter what your bicycle-riding, woolly-sweater wearing, craft-beer-quaffing socialist pals might say.

But that doesn’t make the news any easier to swallow. Frankly, I couldn’t care less about the world’s billionaires, and maybe one day soon I won’t have to. They seem intent on moving to Mars in their big rockets where their wacked-out ideas and dreams of a super-race can become a problem for the little green men to deal with.

[link to www.rt.com (secure)]

Get it?

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