Gallo: FX Investors Don’t See Deutsche Bank Systemic Risk

The video discusses the current state of the European markets, focusing on Deutsche Bank's financial health and its implications. It explores Angela Merkel's political challenges, particularly regarding refugee policies and upcoming elections. The discussion extends to Germany's economic policies and the constraints faced by Merkel's government. The role of the ECB in maintaining Eurozone stability is analyzed, highlighting its sovereign bond purchases. Finally, the video examines the broader European political landscape, noting the challenges of federalism and decentralization amid various national elections.

What challenges does Angela Merkel face regarding her policies on refugees?

How does the current situation of Deutsche Bank compare to the financial crisis of 2010-2012?

What role does the ECB play in stabilizing the European banking system?

What are the implications of the upcoming elections in Europe for political stability?

In what ways is the legitimacy of European governments being challenged?