Europe Is at Point of No Return, Says Dan Alpert

The video discusses the fiscal challenges faced by the EU and US, emphasizing the risks of not addressing these issues. It highlights the need for EU federalization due to the lack of sovereign currency control. The discussion includes the potential issuance of COVID bonds and their limited impact. The video also examines the implications of a strong euro on global trade, particularly affecting competitiveness and exports, with a focus on the pressure from Chinese exports.

How might the strong euro impact exports from countries like Germany?

What challenges does Europe face in terms of competitiveness with a strong euro?