Davos day four: ‘Too much pessimism’ about European economy, WEF hears – business live
Rolling coverage of the final day of the World Economic Forum, and the latest economic and financial news
Larry Fink then explains that the US economy has a major advantage over Europe – the deep foundations of its capital markets make it easier for entrepreneurs to raise capital.
That allows the US to change direction and modify faster than another other economy in the world.
I believe it is probably time to be investing back into Europe, focusing on it.
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