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Euro default: pessimists multiply (from Bank of England to Goldman Sachs) but Draghi is there

From the Bank of England to Goldman Sachs, the chorus of those who predict the collapse of the euro is growing, but fortunately SuperMario Draghi is at the helm of the ECB who, highly applauded by the European Parliament, sounds the alarm on the crisis and urges the Governments to save the euro, reiterating that the central bank will do its part in compliance with the Treaties but these may change

Euro default: pessimists multiply (from Bank of England to Goldman Sachs) but Draghi is there

Hand bad there is Super Mario Draghi. The chorus of pessimists who consider the default of the euro to be close by is growing day by day and this can only open the eyes of those who - like many of the political and social forces - have not yet realized that we are at war, a war that is not fought with cannons and tanks, but which can be even bloodier than the traditional ones: it is the war for salvation or the collapse of the euro. And we are on the last resort to avoid the final collapse of the euro, the fate of which will be decided in a handful of days and certainly before Christmas.

Today the messages of the Bank of England, whose governor Mervin King has clearly stated that the British central bank is gearing up to deal with the far from remote eventuality of the euro failing. After the major American and Asian banks, today also Goldman Sachs has a dark opinion on the future of the euro and very dark on that of the Italian economy, whose recession risks being much worse than that of the rest of Europe.

The president of the ECB does not hide all his concern and urges the governments of the Eurozone and Europe itself to do its part to the end with a new and more severe budgetary policy that will regain the confidence of the markets. “The ECB – assures Draghi – it is the bulwark of the euro” and to those who urge him to do more, he replies by recalling that “the ECB can only act in compliance with the Treaties”. But then he comments, warning that "the Treaties can change".

Saving the euro is tough, but SuperMario is there. Now it's the turn of the other SuperMario, the one at Palazzo Chigi.

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