That's a good start: Mario Draghi, who will publish a much awaited "competitiveness report", says that the €zone crisis "competitiveness strategy" (austerity and downward wage pressure) was bad as it reduced domestic demand, deepened the crisis and undermined the social model.
@heimbergecon any idea who is going to repay the debt?
@heimbergecon I stayed wrong for 30 years after I was corrected and that caused immeasurable suffering so support me now. #MarioDraghi Let's start listening to people who got things right for the last 30 years. #TeachMMT
@heimbergecon A wolf can change his coat but not his character.
@heimbergecon However, shooting in the back would be a little more appropriate than a nomination.
@heimbergecon Mario Draghi è quello che nel 2010 chiese all'Italia più austerità e bassi salari...
@heimbergecon When leftists said this 40 years ago they were roundly ridiculed. They STILL are. Apparently something becomes plausible only when liberals say it. I'll throw in this prediction for free: like the IMF & WB protestations that have come before it, this one will be ignored.