The Coronavirus could leave Gen Z & Gen Alpha poorer
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The Coronavirus could leave Gen Z & Gen Alpha poorer
(Updated: )The billions of dollars in stimulus packages that governments are spending today risk leaving future generations in a mountain of debt. In addition, COVID-19 lockdowns are exacerbating the rich-poor gap in many societies, and many families are going to slip from the lower middle class into poverty, economist Raghuram Rajan predicts.
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