Relevant:
- Mario Draghi's Diabolic Spiral
- Mario Draghi: ECB prepared to cut interest rates and expand QE (AKA "DO WHATEVER IT TAKES 2.0"...)
- Draghi Pessimism on European Recovery Stirs Expectations of Stimulus
- ‘Government Sachs,' Italian Style - Michael Hirsh
- A Stress Test for Mario Draghi, Europe's Top Banker
2011-10-15 — telegraph.co.uk
`` "We must act fast. The sorts of interest rate rises seen over the last three months, if protracted, could lead to an uncontrollable spiral," said Mario Draghi, who takes over as head of the European Central Bank next month. '' -- Also a good summary in this article of the condition around the eurozone as well.
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