El-Erian: Draghi Saved the Eurozone

The video discusses Mario Draghi's significant role in stabilizing the eurozone, particularly his decisive actions in 2012. It highlights the challenges and criticisms he faced, especially regarding unconventional measures. The transition to Christine Lagarde as ECB President is explored, noting how Draghi's policies have set a path for her tenure. The video also examines Germany's fiscal policy, emphasizing the need for infrastructure investment and green technology to address economic challenges.

Discuss the difference between the ability and willingness to act in fiscal policy as mentioned in the text.

What role does infrastructure investment in green technology play in Germany's economic strategy?