The Financial Times published a letter by two Italian economists, Emiliano Brancaccio and Riccardo Realfonzo, who exposed Draghi’s agenda as being “creative destruction", something that only EIR had done so far.
“In Italy, the advent of ‘technocrats’ has always coincided with an opposite trend: the need to weaken parliamentary forces so as to increase a government’s autonomy in managing the scarce resources available in economic downturns", the two economists say. This was the case with Mario Monti, who plunged the country in a recession, and it will be worse with Draghi, because there are less resources.
