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“We got to remember that you cannot disconnect the markets from the real economy forever,” Mohamed El-Erian, chief economic advisor at Allianz and Gramercy, told CNBC’s “Squawk Box” Monday. “If you do, there will be a significant backlash. Second, we cannot continue with worsening inequality. That in itself will cause populism that will be problematic for the markets.”

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29 minutes ago