$70 Trillion in Inherited Wealth Shows Global ‘Inequality Emergency’ Spiraling Out of Control

$70 Trillion in Inherited Wealth Shows Global ‘Inequality Emergency’ Spiraling Out of Control

“Inequality is a crisis in need of concerted action,” said Nobel Prize-winning economist Joseph Stiglitz. A panel of experts convened by South Africa’s president warned Tuesday that the world is facing an “inequality emergency” as the richest people on the planet capture a disproportionate share of new wealth and prepare to pass it down to their […]

‘So Much for America First’: Trump Admin Says Argentina Bailout Doubling to $40 Billion

‘So Much for America First’: Trump Admin Says Argentina Bailout Doubling to $40 Billion

“Yet, they never have the funds for healthcare coverage for all,” said Congresswoman Rashida Tlaib. Reality once again clashed uncomfortably with Argentinian President Javier Milei’s so-called “libertarian revolution” Wednesday as the Trump administration said it is working to double a $20 billion private sector bailout to prop up the South American nation’s moribund currency amid enduring high poverty and inflation and broader economic […]

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