A staggering 80% of American households are worse off than they were before COVID-19 — how to shore up your finances now before a strong current carries them away
finance.yahoo.com
Only the richest 20% have held onto their COVID savings.
  • Patches@sh.itjust.works
    16·
    11 months ago

    Actually they are saying that if you were wealthy then you spin that wealth to increase your wealth. Whether that is drastically increasing profits. Using your connections to get free PPP money from the government. Etcetera…

    We did not all lose something during Covid. The richest among us got a lot richer, and they continue to do so.

    We are not in this boat together.

    • Asafum
      10·
      11 months ago

      Boats are expensive!

      We’re all pushed into the water that then raises the tide for the rich in those boats…

    • AUniqueGeek@lemmy.world
      3·
      11 months ago

      Yea that’s what I mean. Those who were wealthy had the means to leverage the situation and at worst maintain. Everyone else sank lower.