The sense in business circles, that demand is weak and growth is slowing down, was…
Growing Inequality: Cause and Consequence of Financial Crisis Mah-Hui Lim
Rising inequality is among the root causes of the recent global financial crisis; and quantitative easing, the pill that was supposed to be the cure, has not only been ineffective but also has produced unintended consequences of rising inequality.
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(Mah-Hui Lim was formerly a post-doctoral fellow at Duke University and Assistant Professor at Temple University in the US, and an international banker. He serves as a city councillor in Penang island, Malaysia.)