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Covid Class Warfare- Pandemic Stripped 54 Million of Their Middle Class Status- Billionaires Gain

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 Recall this previous report?

The Great Covid Class War- Pandemic as Pretext

That said the piece below was definitely worth reading aligning very well with my thoughts on why the "lockdowns" were and still are being enacted. The reasoning was NOT to save a single life.It was done to worsen the human condition. In every way possible. Only the most foolish and ignorant would claim otherwise. Sorry if that offends. But at this point in time, I'm unconcerned with that type of offense and am a great deal more concerned with the mass hysteria and blindness that has caused  the reality to go unseen.

Do you need more stating of the obvious?

Pandemic Class Warfare

The coronavirus pandemic erased a year of growth in global living standards while also setting back progress on reducing poverty by several years, the Pew Research Center reported on Thursday.

Using World Bank estimates of where the global middle class stood before the pandemic struck more than a year ago and estimates for growth in gross domestic product before the virus hit worldwide, Pew says the middle class likely lost 54 million people while the ranks of the poor grew by 131 million.

The drop was concentrated in South Asia, primarily India along with sub-Saharan Africa, reversing years of progress. Pew estimates that without COVID-19, some 1.38 billion people were expected to be considered middle class in 2020. The pandemic has lowered that estimate to 1.32 billion. In percentage terms, the rate drops from 17.8% of the world's 7.67 billion to 17.1%. The decline would have been worse had not China, which accounts for more than one-third of the global middle class, avoided an economic contraction similar to those seen in other countries.

 Where did all that wealth go?

U.S. Billionaires Gained $1 Trillion Since The Pandemic Started 

The 1 trillion dollar gain was calculated in Nov 20. I'm sure the profitable pillaging has accrued still more gain to the already super wealthy. 

An analysis by Chuck Collins at the Institute for Policy Studies found that American billionaires have seen their wealth grow by $1 trillion since March of this year - more than 34 percent.  

Not a coincidence. 

From earlier today:




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