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Plutonomics - The Wealth Report - WSJ - 0 views

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plutonomy economics economy

shared by Tim Mansfield on 16 Aug 11 - Cached

Tim Mansfield on 16 Aug 11

Ajay Kapur, global strategist at Citigroup, and his research team came up with the term "Plutonomy" in 2005 to describe a country that is defined by massive income and wealth inequality. According to their definition, the U.S. is a Plutonomy, along with the U.K., Canada and >>>Australia<<<. [my emphasis - TM]

<div class="cArrow"> </div><div class="cContentInner">Ajay Kapur, global strategist at Citigroup, and his research team came up with the term "Plutonomy" in 2005 to describe a country that is defined by massive income and wealth inequality. According to their definition, the U.S. is a Plutonomy, along with the U.K., Canada and >>>Australia<<<. [my emphasis - TM]</div>

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