“I think in the US if we look back and think ‘what a wasted recovery,’ the Europeans are going to do it doubly. And that’s partly because there’s just a whole bunch of institutional architecture that still needs to happen in the Eurozone in order for the Euro to really be a sustainable project.”
Here’s a clear-headed, non-sensationalist view of the state of the eurozone (and the US) in an Expert View I did with Real Vision (Click here for the full video, but that one is paywalled).