ECB-Germany Battle ‘Risks the Very Existence of the EU:’ Buiter

The video discusses the European Central Bank's (ECB) Public Emergency Purchase Program (PEP) and the implications of the German Constitutional Court's ruling. The court has given the ECB three months to justify its actions, which could impact the euro system and the European Union's stability. The discussion highlights the unprecedented nature of the court's demands and the potential risks to the EU's existence if the ECB fails to comply.

Discuss the potential consequences if the ECB fails to meet the German Constitutional Court's requirements.

What are the implications of the German Constitutional Court's ruling on the ECB's PEP program?

How might the absence of Germany affect the euro system?

Why is the current threat to the European Union considered more significant than in previous crises?

What does the term 'Joker solution' refer to in the context of the ECB's actions?