ECB President Draghi Declares War on Europe’s Social Safety Nets
I’m late to the remarkable interview given by ECB president Mario Draghi to the Wall Street Journal. I find the choice of venue curious, since the Financial Times has become the venue for top European politicians and technocrats to communicate with English speaking finance professionals.
But Draghi’s drunk-on-austerity-Kool-Aid message was a perfect fit for the Wall Street Journal.
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