The man who saved the euro aims to take on China — and the US
“He will have to convince Europe’s heads of state and heads of government by force of argument,” said Sander Tordoir, who is chief economist at the Centre for European Reform and previously worked at the ECB during Draghi’s tenure as its head. “I think that’s fundamentally the reason he was asked.”
...Tordoir told me this seemed more like a rhetorical device rather than an effort to equate the two. But the U.S. is part of what’s animating the conversation, he added.
“It’s not so much that the Europeans are worried about American economic nationalism — they are worried about it — but the bigger concern is about America’s overperformance and how we’re being left behind,” he said.