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First, quite literally every single bit of subject matter in that letter lies well beyond the scope of any imaginable mandate its authors might conceivably be imputed by even the most generous observer.
And second, it's all hair-raising quackery. Like prescribing a heart transplant to a patient suffering from degraded kidney function. Using a heart from someone who died of AIDS.
- Jake Friends come and go. Enemies accumulate.
I approve of the fact that Berlusconi had to go. this does not absolve the ECB of pushing policies on Itlay (and Spain for that matter) which created a total economic disaster.
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