Bruno Colmant at the ALFI Spring Conference in Luxembourg
“The crisis is far from over and the level of public debt is unsustainable”. These are the words of Bruno Colmant of Roland Berger Strategy Consultants. The author of more than forty finance books spoke at the ALFI (Association of Luxembourg Investment Fund) Spring Conference in Luxembourg.
In 2008 and 2009, we compared the beginning of the financial crisis with the year 1979, when there was a big shift from an industrial to a service society. Bruno Colmant admits that we have changed our view on how to compare the two crises: “I must confess that today the situation is more similar to what people experienced in 1929. My family got ruined in 1929; my brother told me that they had lost...
|