05-31-2012, 11:40 AM
Always take Draghi's quotes with a grain of salt, he wants more power for the ECB for some strange reason.
Thats why the Eurozone will not last in its current form - weak central government is no basis for a monetary union. Its like the Articles of Confederation without any teeth.
And good luck convincing the German voters to share more power over their economy with the likes of Southern Europe.
Thats why the Eurozone will not last in its current form - weak central government is no basis for a monetary union. Its like the Articles of Confederation without any teeth.
And good luck convincing the German voters to share more power over their economy with the likes of Southern Europe.