Have you noticed more luxury cars and big houses being built, while seeing more homeless on the streets in your city? The gap between the rich and the poor seems to be everywhere.
Income inequality has greatly expanded over the years, particularly since the Financial Crisis. More money has been flowing into the hands of the rich while the middle class is left with less and less. Interestingly, they seem to be working more and more hours but not able to make ends meet. Something is definitely going on.
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Pensions time-bomb for world’s biggest economies could explode to $400 trillion, says WEF
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These Are the U.S. Cities With the Fastest-Growing Wealth Gaps – Bloomberg
Smaller Subprime Auto Lenders Are Starting to Fold – Bloomberg
The 0% Auto Loan Era Is Fading Into America’s Rearview Mirror – Bloomberg
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