Reposted by @dianabonfim.bsky.social
Europeans save 15% of household income, more than three times what Americans manage..Between 2015 and 2021, EU households held 32% of their financial assets in cash and deposits, compared with just 13% for US households, who put almost half their financial wealth into equities and investment funds.
on.ft.com
Can Europe finally fix its capital markets?
Stung by its lack of competitiveness, the EU is making a new push to create a deep financial market. Some investors believe this time could be different