it is Expected a new round of global economic crisis, said the managing Director of the International monetary Fund Kristalina Georgieva, speaking at the Peterson Institute for international Economics in Washington.
the Financier has linked the crisis with the spread of inequalities and instability in the financial sector.
According to Georgieva, in England as ten percent of the richest people in comparable with the total income of the poorest part of the population. The same pattern is observed in many countries of the Organization for economic cooperation and development.
the same phenomenon in the early twentieth century led to the “gilded age”, and then to financial disaster, said Georgieva.
the Gilded age (Gilded Age) – the era of rapid growth of economy and population of the United States after the civil war and reconstruction South. Then USA started the Great depression.
