The elites think we are stupid. They are in the main quite correct.
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Who will save the euro after Mario Draghi has gone?
Mario Draghi – a safe pair of hands at the ECB – is succeeded by Christine Lagarde, a lawyer who thought Argentina good for a loan. As Joni Mitchell so memorably put it, sometimes you don’t know what you’ve got till it’s gone. Next week Mario Draghi, head of the European Central Bank (ECB), will hand over the presidency to his successor, former International Monetary Fund (IMF) managing director and French finance minister Christine Lagarde. That might just look like one technocrat handing over to another. But it might have serious and worrying consequences for investors. Stepping into a storm When Draghi ... (full story)
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- UKBanter
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The elites think we are stupid. They are in the main quite correct.