Greenspan Says He Was Wrong About the Euro

The transcript discusses the European system, focusing on Germany's role post-WWII and its financial leadership in Europe. It highlights the imbalances within the European system, particularly due to the single currency, the euro. The speaker reflects on their initial skepticism about the euro and acknowledges its success, despite ongoing challenges.

What are the key factors that contributed to Germany's role in the European system after World War Two?

What concerns does the speaker express regarding the size and control of the European system?

Discuss the implications of Germany being a net financial exporter to southern Europe.

What does the speaker mean by saying the one currency experiment failed for Europe?

How did the speaker's views on the euro change over time?