Martin Tarpanov: Europe Spends More Than It Earns and May Soon Face Poverty

Picture of an open purse with a few coins inside

Sources: Dreamstime | Author: DeltaStock

Reading time: 3 minutes

European countries are generating huge deficits this year, while at the same time the bond market has slowed to a crawl and is forcing central banks to make difficult decisions that could affect the entire economy.

Here’s what Martin Tarpanov, head of DeltaStock’s “Fixed Income Securities” department, makes of the whole situation and where it could be headed next.

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