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The scoop: The World Bank projects extreme poverty to rise for the first time since the 1990s, while 270 million people are at risk of starvation (2x higher than 2019).
Lockdowns and inequality: 20+ million Americans are still unemployed. 160,000 US business have closed. Despite that, Amazon, Wal-Mart and Costco (for example) are posting record high online sales.
What can we do? Go beyond SBA loans and stimulus checks. We should like, actually be doing everything we can to keep small business owners afloat.
Local coffee shops > Starbucks, Thrift > Marshall's, Art galleries for Home Decor > Amazon.
Bottom line: We can clean up this institutional mess by creating a new structure around congressional term limits, monopoly break-ups, whistleblower support, and free speech... or we can allow the same actors to weave the world we've grown to love and hate.
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