Mises Wire

Mark Thornton on the European Debt Crisis

Mark Thornton on the European Debt Crisis

PressTV Reports:

Over the past several years, most of the attention of the eurozone debt crisis has been focused on the economic struggles of Greece, Spain and Portugal and without a doubt things will continue to get even worse in those nations.

However, the predictions have been that in 2014 and 2015, Italy and France will start to take center stage in eurozone debt crisis. France has the fifth largest economy on the planet, and Italy has the 9th largest economy on the planet, and at this point both of those economies are rapidly contracting.

See Mark’s analysis at the 12:12 mark and again at the 20:45 mark.

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