European Household Wealth Is 10% Below Pre-Crisis Levels; But Don’t Cry For The Top 5 Percent
Rupert Hargreaves2016-12-27T07:53:26-04:00
European Household Wealth Is Still 10% Below Pre-Crisis Levels
The 2008 financial crisis and subsequent Eurozone crisis, which lasted from 2010 to 2014 impacted the major Eurozone economies more than initially predicted according to a new study out from the European Central Bank.
The scale of the double-dip crisis has been well documented. From the ghost villages in Spain to the 30% plus levels of youth unemployment across southern Europe, the fallout of the crisis’ is all too easy to see.
Author
Rupert Hargreaves
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Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway.
Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK.
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