NEW REPORT HIGHLIGHTS HOW COVID LOCKDOWNS HELPED THE RICH GET RICHER AND DECIMATED THE POOR

Don Via Jr., The Free Thought Project Waking Times

A new report from the Oxford Committee for Famine Relief has revealed that the economic recession in the wake of the world’s Covid-19 lockdown is over. That is, it is over for the wealthy elite, whom have recuperated from their financial losses in record time. Unfortunately the report states that billions of people globally will continue to feel the sting of devastating economic impacts for more than a decade to come.

The Oxfam report, titled “The Inequality Virus”, was published on the first day of the World Economic Forum’s Davos agenda meeting. It exemplifies the stark contrast of wealth inequality between the global elite and the average individual; as it indicates Covid-19 has the potential to increase economic inequality in almost every country simultaneously.

The report states — “Rising inequality means it could take at least 14 times longer for the number of people living in poverty to return to pre-pandemic levels”

“A new global survey of 295 economists from 79 countries, commissioned by Oxfam, reveals that 87 percent of respondents, including Jeffrey Sachs, Jayati Ghosh and Gabriel Zucman, expect an ‘increase’ or a ‘major increase’ in income inequality in their country as a result of the pandemic.

Oxfam’s report shows how the rigged economic system is enabling a super-rich elite to amass wealth in the middle of the worst recession since the Great Depression while billions of people are struggling to make ends meet. It reveals how the pandemic is deepening long-standing economic, racial and gender divides.”

The Executive Director of Oxfam International, Gabriela Bucher, stated —

“We stand to witness the greatest rise in inequality since records began. The deep divide between the rich and poor is proving as deadly as the virus.”

“Rigged economies are funnelling wealth to a rich elite who are riding out the pandemic in luxury, while those on the frontline of the pandemic —shop assistants, healthcare workers, and market vendors— are struggling to pay the bills and put food on the table.

“Women and marginalized racial and ethnic groups are bearing the brunt of this crisis. They are more likely to be pushed into poverty, more likely to go hungry, and more likely to be excluded from healthcare.”

She added, “Extreme inequality is not inevitable, but a policy choice. Governments around the world must seize this opportunity to build more equal, more inclusive economies that end poverty and protect the planet.”

This latest report comes at the pinnacle of what has been the worst year for the global economy in nearly a century. But it is necessary to elaborate, the insinuation that “Covid-19” itself is the sole cause of this is missing the mark. An understanding needs to be had that the primary factor behind these untold amounts of socio-economic strife is not directly resultant of a virus with an approximate 99.75%+ recovery rate. Or that which 99.6% of those infected are in mild condition — but rather, the faulty government policy of global lockdowns.

It has been the decision of governments the world over to exercise wanton reckless abandon to bring the global market to a screeching halt. And on a consensus of what? Faulty computer coding? As many have exhaustively covered throughout this crisis, the policy for governments around the world to institute sweeping lockdown mandates has absolutely no scientific basis.

Beginning in May, first reported by The Telegraph, independent data analyst experts revealed that the Imperial College pandemic projection models were completely inaccurate. It was these models, designed by Professor Neil Ferguson, that were used as justification to begin worldwide lockdowns. Yet upon this groundbreaking news coming to light, it received almost no coverage from mainstream outlets. Analysts showed Ferguson’s models had several mathematical errors, and were ran on obsolete software. Leading experts who examined it say it could be “the most devastating software mistake of all time”. They called it “totally unreadable” & “a buggy mess that would get you fired in the private industry” and whose approach “ignores widely accepted computer science principles”.

Ultimately, Ferguson himself was forced to resign from his position at the Imperial College of London for breaking lockdown protocols. This guy had such little faith in the accuracy of his own models that he was completely comfortable disregarding his own data — with further investigation showing he has a track record of doing so. Despite this, governments around the world hastily accepted these models without first considering if it should undergo an independent peer review. The choice was made to base policy decisions that could potentially change the history of our planet as we know it on blind faith…

more…

New Report Highlights How COVID Lockdowns Helped The Rich Get Richer And Decimated The Poor

F. Kaskais Web Guru

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