Greenspan: Eurozone a Vulnerable Institution Right Now

The video discusses the UK's decision to leave the EU, suggesting it marks a peak in globalization. It explores the potential for another Scottish referendum and the implications for the EU. The Eurozone's vulnerabilities are highlighted, particularly the lack of a backup for the ECB and the challenges posed by Greece. The discussion extends to the potential need for other countries like Portugal and Italy to leave the Eurozone to maintain economic stability.

What does the UK's decision to leave the EU suggest about globalization?

• Globalization may have peaked.

• Globalization is only beneficial.

• Globalization is accelerating.

• Globalization is unaffected.

What is a potential outcome of another Scottish referendum?

• Scotland leaving the EU.

• Scotland staying in the EU.

• Scotland joining the UK.

• Scotland becoming independent from Europe.

Which institution is considered vulnerable in the current European context?

• The European Parliament

• The World Trade Organization

• The European Central Bank

• The United Nations

What is a suggested action regarding Greece in the Eurozone?

• Increase its debt.

• Integrate it further into the EU.

• Remove it from the Eurozone.

• Strengthen its economy.

Which countries are mentioned as potentially needing to leave the Eurozone?

• Spain and France

• Portugal and Italy

• Belgium and Austria

• Germany and the Netherlands