The international mainstream media is fawning over Mario Draghi, hailed as the saviour not only of Italy but of Europe as whole. In this article I explain why the facts don’t warrant such eulogising. Quite the contrary, in fact.
The international mainstream media is fawning over Mario Draghi, hailed as the saviour not only of Italy but of Europe as whole. In this article I explain why the facts don’t warrant such eulogising. Quite the contrary, in fact.
Paschal Donohoe, the Irish finance minister and president of the Eurogroup, has written a preposterous article in the Financial Times claiming that the budgetary response of the EU and US to the pandemic has been more or less similar. In this article I debunk such claims, showing that the fiscal responses of the EU and US are not even remotely comparable. …
Thomas Fazi 