Morgan Stanley: “Go short on Belgium”
€706 BILLION in public debt.
€33 BILLION budget hole in 2025.
Government revenue already equals HALF of Belgium’s GDP and still runs a €33 BILLION deficit.
As a Belgian, this is embarrassing.
They spend beyond their means, borrow against your future, then lecture YOU about paying your fair share.
This guy walking around Costco shares examples of food inflation that are WAY higher than the numbers reported for food inflation by the government.
🔊 ... 😡
Overall, many people know intuitively that food inflation is way higher than the official number of 4.3% from August 2022 thru August 2023. This video shows some of the examples he is seeing.