Concentration of Wealth Causes Political Instability

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Gylfi Magnússon, professor of economics at the University of Iceland, says that there is not very strong evidence of wealth inequality in Iceland, where the wealth ratio is the most equal. However, there are figures from other countries that show this, with a small group owning shares in the United States that have an impact on the financial market. The concentration of wealth and its inequality can cause political imbalance in societies.