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Don't they know the Cold War's over?

"For confirmation of the old adage that the rich get richer and the poor get poorer, take a look at the US housing market. Lavish Wall Street bonuses mean that apartments and houses for the well-off in New York are still rising smartly in price. Meanwhile, in the poor US city districts where many blacks and Latinos live, something very nasty is going down."

You can read the whole article for more analysis from that fire-breathing Marxist publication, the Financial Times.


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