What Makes Mario Draghi So Dangerous For Europe

Europe is creating conditions – of misery, poverty and hopelessness – in a number of its member states, more in some than in others at this point in time, that are not unlike those that provided the space needed by the likes of Hitler and Mussolini to rise to power in the 1920s and ’30s. And that is a grave danger.

That is still the essence of the entire crisis: the people in the street being forced to pay for the long lost wagers of those in penthouses and ivory banking towers. And while a shift away from bankers as deciders towards politicians is a good first step, it won’t suffice by itself. What Europe needs now are statesmen (however hard they may be to come by) who focus on the next generation, not politicians, who focus only on the next election. Failing to do that will result in a lot of ugliness and bloodshed. The longer Mario Draghi remains where he is, the more dangerous it gets. It’s not too late yet. But it soon will be.

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4 comments on “What Makes Mario Draghi So Dangerous For Europe
  1. Sir Halibut says:

    oh yeah… the eagle and the fasces… now all we need is a bloody pentagon and a great big statue of Diana Lucifera holding a torch!

  2. gordo says:

    What the writer fails to mention is that that most important part of sovereignty was given up in about 1999 when each nation gave up there ability to control their own currency.

    If you do not understand that, you do not understand the problem.

  3. Micky says:

    The bureaucrats are a plague.

    http://ericsprott.blogspot.ca/

  4. arby says:

    I read over the weekend that Greek pensioners have had their payments cut by 25% so far over the past two years and are facing a further 10% cut from the Troika. Query: What austerity has the ECB and the European Parliament imposed on itself (in terms of salary cuts or pension reductions for retirees) as a way to show leadership in these difficult times for Europe?