White's predecessor at BIS got into trouble in the early 1990s for pointing out the structural 'potholes' in the euro project path, facing pressure because politicians did not want to acknowledge design flaws that would require difficult reforms.
factualpending
Speaker
William WhiteEvidence Quote
“my predecessor... got into a lot of trouble by pointing out the potholes along the way to the Euro to the Euro project.”
Created: 8/11/2026, 7:24:53 AM
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