Economist Paul Krugman Sees Chance of Euro Collapse

The video discusses the ongoing euro crisis, highlighting the political and economic challenges faced by the eurozone. It explores the potential collapse of the euro, its impact on the global economy, and the mechanics of a currency breakup. The discussion also covers possible catalysts for the euro's disintegration, such as political changes in key countries like France. The video emphasizes the importance of political cohesion among European elites in maintaining the euro and the potential global repercussions if the euro were to collapse.

What has been the political response of European elites towards the euro despite economic challenges?

How might the potential election of President Le Pen impact the euro and the French economy?

What are the possible consequences of a euro collapse on the global economy?

In what ways could the breakup of the euro affect financial institutions and debt holders?

What factors could trigger the euro to fall apart according to the discussion?