Billionaires’ Wealth Doubled During The Pandemic

Translated by: MOS Gospel Term – happybird

Picture Source: Internet

Oxfam is a league of development and rescue organization with international reach. A new report from it shows that during the COVID-19 pandemic, wealth polarization and inequality have intensified.

The wealth of Australia’s 47 billionaires has doubled in past two years to USD $255 billion .  Looking at it on a global scale, the top 10 richest people in the world have their wealth grown at a rate of USD $1.6 billion per day, now reaching USD $1.9 trillion.  The cause of this unprecedented disparity between the rich and the poor is the COVID-19 pandemic.

Central banks of various countries have pumped trillions of US Dollars into financial markets to rescue their economy, but most of these money went into the pocket of billionaires in inflated stock market.  Their income of the richest 20% in Australia is 90 times that of the 20% of the lowest income

Comment: Mr.Miles Guo mentioned the Davos Party in his live broadcast. They control the world’s wealth and are the makers of the world’s legal and financial order. If you want to know the truth about the virus and the vaccine disaster, go find the CCP and the Davos Party. We have witnessed these rich people grow their wealth at breakneck speed during the COVID-19 pandemic. They used viruses and vaccines to plunder our wealth and take away our health and lives. This is a crime against humanity.

Source:
https://gnews.org/zh-hans/1887773/

https://www.abc.net.au/news/2022-01-17/oxfam-report-covid-pandemic-billionaires-increase-fortune/100760968

Editor in Chief: Maverick

Editor: Maverick

Proofread/Published by: Maverick

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