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This paper is dedicated to providing new tools and methods for studying the trend to equilibrium of gradient flows in metric spaces in the entropy and metric sense, to establish decay rates, finite time of extinction, and to characterize Lyapunov stable equilibrium points. In addition we outline that the celebrated Entropy-Entropy production inequality used in kinetic theory is nothing less than a global Kurdyka-Lojasiewicz-Simon inequality. This links two different areas, namely, algebraic geometry with kinetic theory. As an application of the tools developed in this paper, we obtain the following results:

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