The MacroTourist

The MacroTourist

Jan 19/15 – Can Draghi be “responsibly irresponsible” enough?

Kevin Muir's avatar
Kevin Muir
Jan 19, 2015
∙ Paid
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I googled “no-win situation” the other day, and the computer spit out a picture of ECB President Mario Draghi. I actually feel sorry for the guy. Although he understands the severity of the deflationary spiral that has engulfed Europe, the constraints of the European Union make it illegal for him to take the necessary actions. The Germans are insistent …

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