Draghi compares the recovery efforts from corona crisis similar to rebuilding after world war 2.
“Mr Draghi said European governments faced “a moral imperative” to invest in educating young people. “The debt created by the pandemic is unprecedented and will have to be repaid mainly by those who are young today,” he said.”
He is now appointed to the Vatican as a consultant.
thanks a lot all involved!
if all that billions and billions not actually flow into small and medium sized businesses – they will just evaporate without any real economic effects.
nice words never forced anyone to change, unless they become law like force every bank to give x billions every year in loans to small and medium sized businesses or face “a fine” and give that money in -3% loans to the state.
So Draghi did what he now warns against?
well well well X-D
like “Hey Shell, don’t you want to invest 3% of income (before taxes) into renewables?” so that future generations actually can survive on this planet?
“Hey Apple, Amazon, Facebook, Google (and others) don’t you wanna pay at least 10% tax on income?”
(while in many EU countries the average Joe pays 50% in tax and more)
make a law! damn it!
to hell and back:
baby boomers should stop preparing hell for generation x rather help their children survive.
riots against the ECB
“Riots erupted outside the ECB’s new $1.3 billion headquarters in March after thousands of protesters gathered to rage against an institution they blame for ruining the lives of millions in the eurozone.
Draghi has been credited with taking bold steps to save Europe from financial disaster: First in 2012 with his famous promise to do “whatever it takes” to prevent the euro from falling apart, and again early this year by launching a $1.3 trillion stimulus program to get the economy moving.
But the ECB is also a high-profile symbol of the austerity that has caused hardship for millions across the region. Together with the International Monetary Fund and European Commission, it formed the so-called “troika” to police bailouts that kept countries such as Greece, Ireland and Portugal afloat.”
Who was the activist?
“On April 15, 2015, (Josephine) Witt disturbed a press conference of the European Central Bank, jumping onto the table in front of ECB president Mario Draghi yelling “end the ECB dick-tatorship” [sic] and tossing confetti over Draghi. After being dragged out and briefly detained, Witt wrote on Twitter that the protest was not associated with FEMEN, and that she was a “freelance activist.” Her protest was in opposition to the bank’s policies, which she describes as “European neo-liberalism” and economic inequality. Speaking after her release, Witt said “The gap between the rich and the poor is bigger here than it’s ever been before.””