Links 19 January 2022

Global Macro / Markets / Investing:

Trickle down economics: Up to 3/4 of the $800 billion PPP flowed to business owners instead of workers, study finds – Market Watch
The wealth of the 10 richest men in the world has doubled during the pandemic and the income of 99% of humanity has decreased – Madgy67
‘Obscene inequality’: Oxfam says taxing the world’s richest could help save lives – CNBC
UN body warns of slowdown in the jobs recovery due to new variants, Covid uncertainty – CNBC
Global jobs recovery delayed by pandemic uncertainty, Omicron, ILO says – Reuters

Americas:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.