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Inequality will bring the next financial crisis

Just when you think things couldn’t get worse, they do.

As chaos, civil war and anarchy spread across the Middle East; as Europe is subject to the most massive Muslim invasion since the siege of Vienna by the Ottoman Turks in 1683; as the West idiotically facilitates Iranian nuclear weapons plans and enhances Iranian resources to support terrorism, commodity prices continue to plummet and the IMF and the World Bank reduce their estimates of world growth, another economic and financial crisis threatens to engulf the world, less than ten years after the previous one.

Only this time the event will not be limited to the economic and financial spheres, but will spill over into the social and political arenas as well. In recent days a series of publications have been issued and largely ignored because of the more spectacular events outlined in the previous paragraph. But the medium- and long-term effects of the impending economic upheaval will be even more serious.

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