Covid Recession Year One: Who Gained? Who Lost?

We hear a lot lately about the US billionaires increasing their wealth by more than $1 trillion over the past year, as Covid precipitated the most severe recession since the 1930s of the real economy over the past year–from the spring quarter of 2020 …

We hear a lot lately about the US billionaires increasing their wealth by more than $1 trillion over the past year, as Covid precipitated the most severe recession since the 1930s of the real economy over the past year--from the spring quarter of 2020 last year through the spring quarter 2021. Over the same period, however, US stock markets surged to record levels. This past week in early August they attained record breaking levels nearly every consecutive day. More

The post Covid Recession Year One: Who Gained? Who Lost? appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Jack Rasmus.


Print Share Comment Cite Upload Translate Updates

Leave a Reply

APA
Jack Rasmus | Radio Free (2021-10-20T16:18:30+00:00) » Covid Recession Year One: Who Gained? Who Lost?. Retrieved from https://www.radiofree.org/2021/08/16/covid-recession-year-one-who-gained-who-lost/.
MLA
" » Covid Recession Year One: Who Gained? Who Lost?." Jack Rasmus | Radio Free - Monday August 16, 2021, https://www.radiofree.org/2021/08/16/covid-recession-year-one-who-gained-who-lost/
HARVARD
Jack Rasmus | Radio Free Monday August 16, 2021 » Covid Recession Year One: Who Gained? Who Lost?., viewed 2021-10-20T16:18:30+00:00,<https://www.radiofree.org/2021/08/16/covid-recession-year-one-who-gained-who-lost/>
VANCOUVER
Jack Rasmus | Radio Free - » Covid Recession Year One: Who Gained? Who Lost?. [Internet]. [Accessed 2021-10-20T16:18:30+00:00]. Available from: https://www.radiofree.org/2021/08/16/covid-recession-year-one-who-gained-who-lost/
CHICAGO
" » Covid Recession Year One: Who Gained? Who Lost?." Jack Rasmus | Radio Free - Accessed 2021-10-20T16:18:30+00:00. https://www.radiofree.org/2021/08/16/covid-recession-year-one-who-gained-who-lost/
IEEE
" » Covid Recession Year One: Who Gained? Who Lost?." Jack Rasmus | Radio Free [Online]. Available: https://www.radiofree.org/2021/08/16/covid-recession-year-one-who-gained-who-lost/. [Accessed: 2021-10-20T16:18:30+00:00]
rf:citation
» Covid Recession Year One: Who Gained? Who Lost? | Jack Rasmus | Radio Free | https://www.radiofree.org/2021/08/16/covid-recession-year-one-who-gained-who-lost/ | 2021-10-20T16:18:30+00:00
To access this feature you must login or create an account.