Prepare For The World Of Equal Distribution Of Income

Opinion: (Boaz Schwartz, Managing Director at Deutsche Bank in Israel, from “’We should not underestimate strong social feelings, which we see in Israel and around the world, and which will have a big impact in the coming years. We must prepare for the world of a new social concept, equal distribution of income, and equal prices. There will be continuing pressure on companies in terms of determining prices, which will affect profitability. Countries that are not wise enough to make the appropriate changes will be in poor condition; their economy will suffer.’”

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