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Economists have noted that the level of income inequality between the top 1% and the rest of the country is approaching levels last seen in 1928, which, of course, was just before the tragic financial meltdown that pre-dated, or even caused, massive impacts in the U.S. and the rest of the world.
The obvious implication of this data is that another meltdown looms on the horizon. For further insight into this dynamic, FactorLaw recommends the this article published in Money Watch.
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