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Te Cho

Great post Dave, Thank you.

Yes, plague. The 13th century plague in Europe greatly increased average wealth and certainly contributed/caused to the Renaissance.

With increased antibiotic resistance and new viruses popping up, don't rule it out... Also, population density now in 3rd world cities, airline flights spreading infection quickly, and deliberate spread by terrorism.

I'd bet on that and not war. So income inequality will turn around again eventually ... for a while.

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