Europe’s Economic Collapse: Is the Eurozone Past the Point of No Return?
Over the past two decades, Europe has been hit by one crisis after another — the 2008 financial meltdown, the eurozone debt crisis, the COVID-19 pandemic, and now, out-of-control inflation. Yet despite surviving each shock, the European Union has failed to fix the core structural flaws of the euro — the shared currency used by 20 countries.
In this video, we explore why Europe’s economic model is unraveling — and how mounting debt, political instability, and reckless military spending may trigger the next big financial collapse.
What we cover in this video:
– Why the euro was flawed from the start
– How the EU’s biggest economies — Germany, France, and Italy — are heading toward crisis
– The dangerous consequences of militarizing Europe while cutting social programs
– Why the European Central Bank (ECB) is trapped and can no longer prevent disaster
– The real risk of a sovereign default and eurozone banking collapse
France’s debt is expected to hit 128.4% of GDP by 2030.
Germany’s economy is de-industrializing amid budget deficits and political chaos.
Italy’s debt trajectory is unsustainable and worsening.
And while all of this is happening, EU leaders are approving billions in new military spending. Is this truly about defense — or about propping up broken economies?
Credit to : World Affairs In Context