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What are The 7 Major Flaws of the Global Finance System,? Explain. 1. Billions of people remain unbanked. 2. Global financial literacy remains low. 3.

What are The 7 Major Flaws of the Global Finance System,? Explain.

1. Billions of people remain unbanked.

2. Global financial literacy remains low.

3. High intermediary costs and slow transactions.

4. Low trust in financial institutions and governments.

5. Rising global inequality.

6. Currency manipulation and censorship.

7. The buildup of systemic risk.

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