Draghi’s out, then in; maestros of misdirection


Italians often thrive under chaos but they don’t like this war in Ukraine. You can see it in their cartoons of Zelensky.

Pepe Escobar, in his latest doom piece warns “They haven’t even starting ratcheting up the pain dial”… and Pepe does report what the players are saying and Russia is saying this:

“We do not refuse peace negotiations, but those who refuse should know that the longer it drags, the more difficult it will be for them to negotiate with us.”

I don’t doubt Germany is being strategic behind the scenes. However, living in Italy I’m concerned with what we’re up to. I do know Europe is wondering why they should continue to side with the Americans. For the first time they are really discussing it in business circles. Europe likes to keep quiet so as not to get America excited, but Germany’s model operates on 3 things; labor, business and government. When one gets excited, this sets the other in motion. They just tend to take their time.

Italy is more mysterious, but as Europe’s second largest exporter never discount them. Draghi, an economist, is still the best candidate to oversee the current economic downturn and gas crunch here Italy, he’s still the best candidate to manage Italy being the largest recipient of EU recovery fund, not to mention the drama at the ECB.

It’s surreal as an American feeling like America is at war with my home. But I’m not alone.

It’s July and it’s just getting hotter and I really miss the silly season. That appears to be long gone…

Published by baileyalexander

An American living in Piemonte. Sailed across the Atlantic aboard our 43 Nauticat in 2002 and spent over a decade living in Rome, Paris, Prague, Malta, Venice and Bucharest before settling in Piemonte, Italia.

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