The tightening cycle by central banks in Emerging Europe is coming to an end as regulators across the region start to get inflationary pressures under control, Capital Economics said in a note on August 8.
Demographics and GDP Many believe that demographics is at most remotely related to economics. If you are one of these, perhaps by the time you finish reading this article, you will be convinced how fundamentally demographics underpins economics.
Despite huge state support (often funded by the EU) the market value of the Hungarian startup ecosystem is estimated at only 0.9% of GDP.
In my opinion, the macro environment is riskier than before the Dotcom Bubble and before the Great Financial Bubble. Why? A nasty cocktail of factors which may reinforce each other:
The debate around inflation is centre-stage at present, with headline and PPI inflation soaring globally in response to a range of factors but including climate change/transition and Covid-related supply disruptions.
There is a widespread feeling of ‘business as usual’. There is very little sense of impending doom. This confidence is misplaced.