The countries of the European Union, even though belonging to the group of richest countries on the planet, are in a condition of impotence in relation to the economic ans social consequences of the pandemic,
The United States and the European Union have imposed sanctions against China. In this regard, Giordano Merlicco of "FarodiRoma" interviewed Alberto Bradanini who, as Ambassador, represented Italy in Hong Kong and Beijing.
There is huge confusion on the burden created by the deb,as people often get scared by politicians throwing around “trillions” of dollars. The numbers are huge, but so is our economy.
Is debt really our biggest problem? Are we placing a burden on our children and future generations? The answer to both questions is a clear “no”,. Unfortunately, the European rules, now thankfully suspended, were drawn up from this mistaken perspective.
It rather hurts me to hear that Mario Draghi, the Taciturn, has built up his government team “far from the interferences of the parties”, that “politicians are, by their very nature, incompetent”. As a matter of fact, politics as nuisance.