Report
Patrick Artus

The young are the big losers from the COVID crisis

It is important to understand that one of the most extreme forms of inequality created by the COVID crisis is the deterioration in the situation of the young: Those leaving the education system in the summer of 2020 will struggle greatly to find work, given the problems facing companies; Many young who are employed are on short-term employment contracts, which are the most at risk; The expansionary monetary policy will probably fuel a real estate bubble, making it even harder for the young to access housing; The increase in the public debt, which results more from public transfer payments than from public investments, will be a burden for the young in the future. So pro-youth economic policies must be implemented today: support for job creation, universal income for the young, etc.
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

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