Draghi – The Opportunity & the Nightmare

in #economy5 years ago

Mario Draghi is set to end his term in October.

His legacy will be that he destroyed the European economy. His archaic adherence to the idea of quantative easing is pushing the European economy off a cliff.

The ECB already owns most of the soverign debt in Europe and it cannot unload any amoung of significance without causing a total crash.

We are going to see elections in May which are already in turmoil. Both sides are spewing venom with none being happy.

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