October 31, 2020

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Economist Paul De Grauwe on the solution to get out of the Corona crisis…

Economist Paul De Grauwe on the solution to get out of the Corona crisis...

The first wave of coronary artisans has already put a good EUR 50 billion into the budget. If the second wave is just as destructive, the gap will be twice as deep, says economics professor Paul De Grauwe. ‘But that shouldn’t stop the government from continuing to pump money into the economy. It’s there with hope.’ A conversation with a hopeful message. “But I’m not optimistic.”

Yes, the situation is serious, says Paul De Grauwe, an economist and professor at the London School of Economics. “Very serious, indeed. But he is not hopeless. As I have said before, we must avoid …