WEF Article: Our global financial system is broken. Here’s a plan for fixing it

WEF Article: Our global financial system is broken. Here’s a plan for fixing it

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It all started with the American Dream. Following World War II, the Marshall plan helped rebuild Europe and Japan: economies were growing and populations healing. Demand for US goods was strong. But as the reconstruction boom faded, the US found itself with slowing growth, rising unemployment and a generation of baby boomers asking for social change. Then came the Vietnam war. By 1971, inflation had reached over 5.8%.