Part 1/9:

How the Rich Get Richer During Recession

As the impending recession looms, many wonder how the wealth gap continues to widen, even in economic downturns. This article delves into various strategies employed by the wealthy, revealing how they capitalize on market shifts and government interventions to ensure their financial prosperity.

Government Bailouts

One significant advantage the wealthy have during a recession is the access to government bailouts. Businesses deemed vital for the economy receive financial assistance to prevent collapse. While individuals struggling with bankruptcy do not receive similar support, large corporations are important for maintaining employment rates. Historical examples include bank bailouts post-2008 and airline bailouts during the COVID-19 pandemic.