‘Europe should not count on a traditional recovery’
Europe should not count on a traditional economic recovery. Due to second-round effects, inflation will widen further by 2023. And, ING chief economist Carsten Brzeski says, don’t count on gas prices coming down either. Nay, on the contrary, the real energy crisis will come next year.
Contrarian prefers growth over green concerns
The idea that economic growth is a problem is seriously outdated, according to University of Ghent philosopher Maarten Boudry (photo), He called divestment “nonsense” and advised investors to be wary of “green” funds. “There is a lot of irrationality in these so-called ethical investment choices”, he said.