COVID-19 Pandemic Capitalism and Bonds
COVID-19 Pandemic Capitalism and Bonds The world as we knew it seemingly turned upside down overnight. With stay at home orders in place, we are no longer rushing to work each day, getting stuck in traffic, hustling to get the kids to school, and scrambling for time to take care of chores. This strange and abrupt stop to “business as usual” has shined a light on the capitalist systems that are now crumbling down, and offers...
Wealth Inequity and Universal Basic Income
Chuck Collins When Donald Trump was sworn in as the 45th president of the United states, the wealth gap between rich and poor was already very wide. The top 10% of families — those who had at least $942,000 — held 76% of total wealth. The average amount of wealth in this group was $4 million. And the entire bottom half of the population had just 1% of the total wealth pie, this gap continues to rise and when the...
Wealth Inequity and Universal Basic Income
When Donald Trump was sworn in as the 45th president of the United states, the wealth gap between rich and poor was already very wide. The top 10% of families — those who had at least $942,000 — held 76% of total wealth. The average amount of wealth in this group was $4 million. And the entire bottom half of the population had just 1% of the total wealth pie, this gap continues to rise and when the statistical scope...
