The Flight of the European Bumblebee
In July 2012, while addressing bankers in London, ECB President Mario Draghi likened the euro to the bumblebee, "a mystery of nature, because it shouldn’t fly but instead it does." In fact, it is well understood how bumblebees fly – and Europe would benefit from applying their method.
https://prosyn.org/X2OMLdL
WASHINGTON, DC – In July 2012, while addressing bankers in London, European Central Bank President Mario Draghi likened the euro to the bumblebee. “This is a mystery of nature, because it shouldn’t fly but instead it does. So the euro was a bumblebee that flew very well for several years.” But “something must have changed.” So the “bumblebee would have to graduate to a real bee. And that’s what it’s doing.”