U.S.

The Guardian

‘Heads we win, tails you lose’: how America’s rich have turned pandemic into profit

As 26 million Americans lose their jobs, the billionaire class has added $308bn to its wealthNever let a good crisis go to waste: as the coronavirus pandemic sweeps the world, America’s 1% have taken profitable advantage of the old saying.Some of the richest people in the US have been at the front of the queue as the government has handed out trillions of dollars to prop up an economy it shuttered amid the coronavirus pandemic. At the same time, the billionaire class has added $308bn to its wealth in four weeks – even as a record 26 million people lost their jobs.According to a new report from the

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