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The COVID-19 Crisis Is Driving the EU to the Brink

Audio Mises Wire

Tags Big GovernmentGlobal EconomyMoney and Banking

04/25/2020Philipp Bagus

As the debt bombs in Italy and Spain and France get worse, it increasingly looks like the eurozone will have to bail out a huge portion of the European economy. Either that, or break up the EU, provoking a new crisis.

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Original Article: "The COVID-19 Crisis Is Driving the EU to the Brink"

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Contact Philipp Bagus

Philipp Bagus is professor at Universidad Rey Juan Carlos. He is a Fellow of the Mises Institute, an IREF scholar, and the author of numerous books including In Defense of Deflation and The Tragedy of the Euro, and is coauthor of Blind Robbery!, Small States. Big Possibilities.: Small States Are Simply Better!, and Deep Freeze: Iceland's Economic Collapse.

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