Revolution


         ‘Do you think there is a chance that there will be a reset from income inequality to fair wealth distribution in the rich nations.’

         ‘You mean the poor should be richer and the rich poorer?’ Camp said, raising one of his prominent, white eyebrows. 

         ‘Well, kind off. I guess I’m talking about the fact that according to the Federal Reserve, the top 1% of households in the US holds 32% of the country’s wealth, while the bottom 50%, the least wealthy households, accounted for 2.6%. That’s at the end of 2021. In Canada it’s a bit better.

         ‘Doesn’t surprise me,’ Camp said. According to Forbes data, the combined wealth of all US billionaires increased by 2 trillion dollars, 70%, between March 2020 and October 2021, that is during Covid.’

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