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May 5, 2022 2 mins

The pandemic created a global economic crisis that economists and experts expected would lead to greater wealth inequality than ever before. Host Rebecca Greenfield along with a team of Bloomberg News reporters heads to seven countries around the world to find out what this world changing event has wrought. What they found was surprising.

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Speaker 1 (00:10):
It's kind of wild to think back to the beginning
of the pandemic, when it felt like we were having
a shared experience with billions of people around the world.

(00:34):
Everyone everywhere had to learn to survive and manage the virus,
not just from a public health standpoint, but from an
economic one too. But in the two years since, what's
become clear is that different countries approached to the pandemic
and their relative wealth going in have resulted in vastly
different outcomes. It's almost been like a perverse global experiment.

(00:58):
So for our fourth season, the Paycheck podcast is going
to seven countries to try to understand how those variables
affected economic inequality. In many ways, the pandemic has made
inequality much worse. So this pandemic, we're witnessing the biggest
increase in billionaire Welsh since records began, and a billionaire

(01:19):
was created every twenty six hours during this pandemic. If
you just look at Euan Musk, for example, there was
a lot of chatter at the time that he might
have a chance to become a trillionaire, But not everywhere
or everyone has felt the pain equally. Some places and
people have been hit particularly hard for all Brazilians. The
cost of living is really getting unbearable, and it's the

(01:43):
poor and the once booming middle classes that are bearing
the brun With COVID, it was so big because the
problem was the schools had all shut down and a
lot of support that all these girls get comes from
their schooling. Suddenly we started getting a lot of possible
chili mad it. But some others are showing the way
to a more equal world. Oh my goodness, I said,

(02:07):
is she place tell me I was selected? And she
was just laughing. She's like, oh yeah, just killing me
with this. I'm just loving to react you for me.
I see lights, I see like I'm going to that
moon that I wanted. Season four of The Paycheck launches
next week. You can find us on Apple Podcasts, Spotify,
or wherever you get your podcasts. Seem a twelve
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