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Realistically, it will be a case of muddling through, struggling from one crisis to the next. It is difficult to forecast how long this will continue for, but it cannot go on endlessly. Governments will pile up more debt — and then one day, the house of cards will collapse.

Otmar Issing

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Policemen so cherish their status as keepers of the peace and protectors of the public that they have occasionally been known to beat to death those citizens or groups who question that status.
David Mamet

Otmar Issing

Otmar Issing

Born: 1936 (age 89)
Bio: Otmar Issing is a German economist. As the former Chief Economist and Member of the Board of the European Central Bank Issing developed the 'two pillar' approach to monetary policy decision-making that the ECB has adopted.
Known for:
  1. The Birth of the Euro (2008)
  2. Should We Have Faith in Central Banks (2002)

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