Goldman Sachs: Inflation Could Be Bigger Threat Than COVID Pandemic to Global Economy and It Will Get Worse Before It Starts Improving

Goldman Sachs: Inflation Could Be Bigger Threat Than COVID Pandemic to Global Economy and It Will Get Worse Before It Starts Improving

A recent Goldman Sachs analysis said that inflation could be a bigger problem than the COVID pandemic when it comes to the global economy.
Stock Market

COVID-19: The Virus That's Killing The Economy

By Danielle Ong
The coronavirus is fast becoming a threat to our economy and leading us to a potential recession.

American Middle Class No Longer the Richest in the World

By Nicole Akoukou Thompson
Recent reports have shown that the American middle class has been bested, and they are no longer the wealthiest among their global peers. The report documents the plummet of the American middle class, large pay disparities, and unbalanced distribution of wealth. The after-tax middle class income in Canada is higher than American wages. In addition, European low-income residents earn more than American low-income residents.
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