Marshall Auerback on BNN Talking about Hannibal Lector

September 8th, 2012
in econ_news

Econintersect:  In the wee hours of the morning on Thursday (April 6) Marshall Auerback's article "Dr. Draghi:  Name Your Poison" was published at GEI Analysis.  He compared Dealing with the ECB was like "dealing with Hannibal Lector."  Here is part of the opening paragraph:

marshall-auerback... the ECB (European Central Bank) is prepared to initiate unlimited purchases of national government bonds in order to underwrite their solvency.   Of course, as usual with the ECB, there’s a sting in the tail, the sting being additional “conditionality” (for which one can read more fiscal austerity) as a quid pro quo.  It’s like dealing with Hannibal Lecter.

Follow up:

Auerback appeared on BNN later the same day where he discussed his Hannibal Lector comparison:


John Lounsbury

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