Goldman's Hatzius Sees About 10% Risk of a 'Hard Brexit'

The video discusses the necessity of an economic slowdown to prevent a recession, analyzing the Federal Reserve's monetary policy and its impact on financial conditions. It explores Brexit scenarios, highlighting potential economic effects on Europe, particularly Germany and Ireland. The video also examines Italy's economic challenges, focusing on its debt levels and growth prospects.

What impact could a hard Brexit have on the European economy, particularly Germany?

What concerns are raised regarding Italy's economic situation in the text?