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Income Gap Raises U.S. Crises Vulnerability

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A widening gap between rich and poor is reshaping the U.S. economy, leaving it more vulnerable to recurring financial crises and less likely to generate enduring expansions.

Left unchecked, the decades-long trend toward increasing inequality may condemn Wall Street to a generation of unimpressive returns and even shake social stability, economists and financial-industry executives say.

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As I said before: Once the rich have most of the money it becomes worthless.

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mklsgl

There is no greater threat to the US than its own, self-created socio-economic disparity.

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