In an interview with Bloomberg, Joseph Stiglitz talks about the risk of a recession in Europe and fiscal policy. He speaks from Helsinki with Francine Lacqua.
Few of Stiglitz quotes:
“There is significant likelihood that Europe will face a recession.”
ValueWalk's Raul Panganiban interviews Joseph Cioffi, Author of Credit Chronometer and Partner at Davis + Gilbert where he is Chair of the Insolvency, Creditor’s Rights & Financial Products Practice Group. In the interview, we discuss the findings of the 3rd Annual report. Q2 2021 hedge fund letters, conferences and more The following is a computer Read More
“At the beginning, they took away two important mechanisms of adjustment – the interest rate and exchange rate”
“There has to be a creation of new fiscal frameworks, a solidarity fund for growth and stability, European bonds, something along those lines has to be done”
video of interview is embedded below: