economy mario draghi Markets

Mario Draghi: This Is A ‘Biblical’ Crisis. It’s ‘War’. Scrap The Rules, Cancel The Debt, Lend To Everyone Right Now.

"Much higher public debt levels will become a permanent feature and will be accompanied by private debt cancellation."

"Much higher public debt levels will become a permanent feature and will be accompanied by private debt cancellation."
This content has been archived. Log in or Subscribe for full access to thousands of archived articles.

3 comments on “Mario Draghi: This Is A ‘Biblical’ Crisis. It’s ‘War’. Scrap The Rules, Cancel The Debt, Lend To Everyone Right Now.

  1. Come November I fully expect to see any candidate talking about consumer debt forgiveness, student loan debt forgiveness, medical debt forgiveness and UBI to trounce their competitors. In 2008 the average citizen was left high and dry if not completely destroyed. I very much doubt anyone is going to be interested in a repeat in the midst of a health crisis.

  2. Draghi is saying it the way it will likely be….. Again the entire deck gets shuffled and there are no guarantees as to who the eventual winners are likely to become….The geopolitics will dictate the winners and losers as well .

  3. Free money for all!!!

    The “engines” of the world will shut down.

Speak On It

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Skip to toolbar