Areas Quote by Mario Draghi
“We won't make the weak stronger by making the strong weaker, as a very wise man once said. That applies to the economy as well. If Germany were less competitive, the euro area as a whole would lose, because less could be produced then.”
About This Quote
Source Speech: Economic Forum, 2019
Strengthening the economy requires keeping the strong competitive, not weakening them to aid the weak.
In simple terms: Strong economies benefit all.
Maintain competitiveness for collective gain.
Themes
Mood
Type
When to use this quote
- trade negotiations
- industrial policy
- regional development
- investment strategies
Key Concepts
Questions to Reflect On
- How to balance equity and efficiency?
- What safeguards protect vulnerable groups?
Weakening strong sectors may cause short‑term social pain.