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Euro area government
debt
down to 88.6% of GDP in Q4 2023 (89.6% in Q3 2023) |
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00:01 -
24/04/24 |
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Historic debt reductions in small South European economies
continue. Public debt to GDP ratio in Greece is now the
lowest since mid-2012 (debt write-off), and in Portugal
since mid-2010, dropping to below 100%. The two have cast
off the long shadow of the Eurozone debt crisis. |
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“You get recessions, you have stock market declines. If you
don’t understand that’s going to happen, then you’re not
ready, you won’t do well in the markets.” - Peter Lynch |
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What a difference five months makes for the Fed rate cut
outlook |
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Oil
and gas are here to stay. Coal will be replaced by
renewables and nuclear.
Plan accordingly |
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