Over the past two decades, the American economy has lost about $16 trillion due to racism.
This is stated in a study by Citigroup, one of the largest financial conglomerates in the world.
According to analysts at the bank, due to the difference in wages between white and black workers, the state received less than $2.7 trillion. Another $13 trillion could have been raised if black entrepreneurs did not face problems obtaining loans. This also became the reason that more than 6 million new jobs were not created in the country.
Discrimination is noticed even when obtaining a housing loan. It cost the States $218 billion. Another $90 to 113 billion was lost to the budget due to unequal access to higher education.