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Hans-Werner Sinn, President of Ifo Institute for Economic Research

The European Monetary Union is currently experiencing a serious internal balance-of-payment crisis. Various bail-out measures have been introduced to save individual Eurozone countries from insolvency. But as of March, Germany’s overall exposure from bailout packages totaled a stunning 694 billion Euros.

Europe is facing system failure. Please join Jack Mintz as he welcomes Hans-Werner Sinn, President of Ifo Institute for Economic Research, as he shows why system failure poses a threat to Germany and the Eurozone.