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American website: Washington's policy towards the Corona pandemic is compatible with the interests of financial companies

2022-01-06T10:31:49.694Z


Washington, SANA- The American World Socialist website confirmed that the money companies on the Wall Street Stock Exchange are making huge profits.


Washington-Sana

The American World Socialist website confirmed that Wall Street money companies are making huge profits due to the Corona pandemic and the deaths resulting from it, noting that subjecting public health to the orders and interests of these companies has been the constant and constant element in Washington’s policy since the beginning of the pandemic.

The site indicated that with the number of virus infections exceeding the one million mark in the United States last Monday, the Dow Jones Industrial Average, an index of the 30 largest American industrial companies on the New York Stock Exchange, closed at an increase of 400 points, recording a record profit, indicating that the index closed at record heights 70 times. During the past year, in parallel with the deaths of 478,000 Americans as a result of the epidemic, in the third year of double profits achieved by the companies represented by Dow Jones.

The site said that the returns and profits of US stock markets were higher in 2021, compared to 2020, as Dow Jones, for example, rose 18 percent last year, compared to only 7 percent in the previous year.

And the site indicated that the compatibility between the increasing numbers of virus infections and stock prices since the spread of the Corona virus is integrated, as the markets fall when there are indications of implementing strict measures to limit the spread of the virus, and rise when the disease is allowed to spread without the slightest attention.

The site indicated that fears that the spread of the new Omicron mutant from Corona in early December would lead to the closure of schools and businesses resulted in a clear decline in the Wall Street Stock Exchange, but this decline ended on the 21st of the same month when US President Joe Biden announced that his administration would ensure that no The Corona virus leads to the closure of businesses and schools again, and since that time the Dow Jones index rose more than two thousand points to reach unprecedented records, despite the high number of injuries and deaths in Corona.

The site pointed to the complete compatibility between Washington’s policy on the Corona virus and the interests of large companies on Wall Street, pointing in this regard to the admissions of former US President Donald Trump that he reduced the seriousness of the virus when it arrived in the United States for fear of business on Wall Street, and that most of the beneficiaries of the aid package The financial statements approved by Washington in March of 2020, amounting to 2.3 trillion dollars, went directly to companies that have good relations with the American administration.

The site concluded by saying that the ruling elite in the United States, with its large companies represented, knows very well that the American administration, regardless of who heads it, will ensure that there is no decline in the value of shares on Wall Street, pointing out that the huge number of deaths from the Corona virus among Americans is matched in turn by huge profits achieved by these Companies where the wealth of the rich increased by about 2.1 trillion dollars compared to 2019, that is, before the emergence of the virus.

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Source: sena

All news articles on 2022-01-06

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