The analysis made by a famous economist in Belgium was on the agenda of the country. Famous Belgian economist Bruno Colmant claimed in a television program he participated in that 40 percent of the Belgian people would fall below the poverty line due to the energy crisis that broke out due to the Russia-Ukraine War. “The energy crisis we are going through is much bigger than the Covid crisis. Back in 2008, I was running the stock market. As I see what is happening now, I see details similar to the deep crisis experienced in 2008 and I experience the same fear. In this case, can the social state survive?
“A GREAT SOCIAL DISCHARGE”
Stating that they are heading towards a great social disaster, Colmant stated that states can produce solutions for their citizens and said, “Just as banks were rescued in 2008, a similar initiative should be made for the public now.”
Colmant stated that imposing a ceiling price on energy prices and supporting the public through financial reductions would bring a solution.
“THE MANY BANKRUPTCY WILL HAPPEN IN BELGIUM”
Stating that serious social dangers may arise if the current energy crisis is not managed properly, Colmant suggested that many companies in Belgium will go bankrupt.
“40 PERCENT OF THE PEOPLE WILL FALL BELOW THE POVERTY LINE”
Referring to the failure to provide the necessary support to the Belgian people in this process, Colmant said, “We are on the verge of a possible giant social disaster. If this continues, 40 percent of the Belgian people will fall below the poverty line. (UAV)