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News@lemmy.world · 1 year ago

A staggering 80% of American households are financially worse off than they were before COVID-19

finance.yahoo.com

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A staggering 80% of American households are financially worse off than they were before COVID-19

finance.yahoo.com

return2ozma@lemmy.world to

News@lemmy.world · 1 year ago

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.

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1 year ago
Most of them got richer. So no they did not put off anything.

About $42 trillion in new wealth was created in the first two years of the pandemic. Two-thirds of that has gone to the richest 1% of the world’s people

https://www.marketplace.org/2023/01/16/how-the-worlds-richest-people-became-much-richer-during-the-pandemic/

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