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Boom time for US billionaires: why the system perpetuates wealth inequality

As the super rich grow even richer, inequality expert Chuck Collins says the system is broken – but it can be fixedTo many Americans, the economy of the past five years has been rough. Prices have soared yet pay remains stagnant. High mortgage rates have made buying a home a dismal prospect. The unemployment rate has been creeping up.Most people have indicated they’re delaying major life decisions, including having kids or switching jobs, because of the instability. But for a very small group of people, the last five years couldn’t have been any better. Continue reading...

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