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Mario Draghi Gets It Absolutely Right On ‘Currency Wars’
Listen to Mario Draghi, the head of the ECB, when he talks about the so-called “Currency Wars” AKA, the idea that countries are engaging in competitive currency devaluations for the purpose of boosting their exports. From Reuters,...
- Posted 90 days ago
Mario Draghi Can’t Stop The Bubble In Europe From Bursting
In July 2012, amid a backdrop of serious uncertainty over the future of the euro, ECB President Mario Draghi told the world that the central bank would “do whatever it takes” to save the currency. Prior to...
- Posted 106 days ago
Back In December, Mario Draghi Gave A Speech That Explained Everything That’s Happening In Europe
It’s been a wild two weeks in Europe. A couple weeks ago, borrowing costs in Spain and Italy were soaring, and Mario Draghi was forced to make a crucial statement, that surging borrowing costs were impeding monetary...
- Posted 288 days ago
German Newspaper Bild Demands Mario Draghi Give Back A Prussian Spiked Helmet
German daily newspaper Bild is famous for its anti-bailout, anti-inflation tendencies. Ahead of today’s ECB decision — wherein it’s widely predicted that that Mario Draghi will do something to stem high borrowing costs — Bild is running...
- Posted 291 days ago