CNBC\u0026#039;s Jim Cramer said Thursday that that coronavirus pandemic has triggered \u0022one of the greatest wealth\u0026nbsp;transfers in history.\u0022The remark from the network\u0026#039;s \u0022Mad Money\u0022 host came amid \u0022ominous\u0022 economic data but a rebounding stock market.\u0022How can the market rebound without the economy? Because the market doesn\u0026#039;t\u0026nbsp;represent\u0026nbsp;the economy; it represents the future of big business,\u0022 said Cramer. \u0022The bigger the business, the more it moves the major averages.\u0022\u0022And that matters,\u0022 he continued, \u0026#039;because this is the first recession where big business—along of course with bigger wealth, but that\u0026#039;s not really by show—is coming through virtually unscathed, if not going for the gold.\u0022In contrast, small businesses are \u0022dropping like flies,\u0022 Cramer said, attributing those failures to the fact that smaller businesses are struggling to pay rent as \u0022major landlords\u0022 don\u0026#039;t appear to be offering relief.\u0022That\u0026#039;s the thing about this pandemic,\u0022 Cramer continued, \u0022it\u0026#039;s been one of the greatest wealth\u0026nbsp;transfers in history.\u0022Cramer projected that transfer to have a \u0022horrible effect\u0022 on the country.Further, the CNBC host said, \u0022we\u0026#039;ve barely begun\u0026nbsp;to see the impacts\u0022 of the pandemic\u0026#039;s economic fallout. Cramer pointed to the latest corporate bankruptcy figures he said would \u0022chill both Republicans\u0026nbsp;and Democrats.\u0022The new comments came a day before federal data showed the nation facing a 13.3 percent unemployment rate, and as a new analysis showed the fortunes of U.S. billionaires increased by $565 billion between March 18 and June 4. That 11-week period also saw 42.6 million Americans filing jobless claims.