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Cash-addicted Europeans will end up less wealthy

🔒 Europeans need to shift from saving to investing: Chris Bryant

Shunning stocks and hoarding cash is harming European wealth

Were European Union families to tweak their asset allocation, increasing their commitment to equities by a modest 5 percentage points, this could unlock €1.8 trillion of capital for productive investment. Similarly, the UK could unlock £740 billion ($943 billion) of capital if households increased their holdings of equities and funds to one quarter of total financial assets

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