Could the Euro crash in 2022? In this debate former British politician, Nigel Farage goes head-to-head with leading economist, Daniel Lacalle to talk about Italy’s debt crisis, inflation pressures, Germany’s economy and the impending energy crisis. What could a euro collapse mean for the global economy? To read more from Capital.com and our analysis on the euro, click here: https://capital.com/farage-eur-doomed-does-germany-have-the-will-to-keep-bailing-out-italy
And, here’s our analysis on the likelihood of a big interest rate hike by the ECB:
https://capital.com/eur-supersize-rate-hike-ecb-hawks-inflation
The outlook for Germany’s economy – a key linch-pin of the euro:
https://capital.com/eur-germany-eurozone-confidence-slip
Or this piece on how EUR/USD parity is affecting natural gas prices:
https://capital.com/eur-usd-analysis-and-forecasts-eu-us-natural-gas-spread-to-push-euro-below-parity
0:00 Will the euro crash?
0:21 The Euro is falling, what is the currency’s future?
0:56 What does Nigel Farage think of the euro?
1:20 What does Daniel Lacalle think of the euro?
1:50 Key Points of the Debate
2:20 Opening Statements
5:30 Is the euro in trouble?
9:38 Why does the eurozone have low growth?
18:44 How bad is Italy’s debt crisis?
24:16 Is a single currency good for European countries?
28:50 What could cause a euro meltdown?
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The euro will go down 20% more and the dollar 30% down then it is normal, The overvalued values are what drove the economies to ruin!
When all countries have their own economy and borders, the only thing is right! a tax system that does not work fairly is a fact without borders, no competition is a poison.
The Euro is, was, and always will be a total nonsense unless you don’t mind your national economy being controlled effectively by Germany. It’s destroyed the lives of ordinary people in Southern Europe.
Wow, what a Nigel "The Frogface" Farage fun club 😂😂. See how UK is sinking after Brexit!
So who is it that I can ultimately hold accountable for decision making in the EU.? how do I remove them if they’re not up to the job?The vast majority of legislation is passed through majority voting.
I found that Nigels remarks on the EU tecnolagey sector not doing very well due to the lack of compertison interesting because there is an old saying NECESSARILY IS THE MOTHER OF INVENTION.
To me, Nigel Farage makes the most common sense and accepts and listen to all possibilities and suggestions others have. It was enlightening of listening to of both their few points. It was an interesting and informative program. I'm looking forward to the next session. I just subscribe to your channel, because I don't want to miss any.
The difference in depth and perspective between LaCalle and Farage is stunning and speaks loads – Farage is just another politician speaking to the masses.
Thinking that you can devalue yourself into "growth" is a complete fantasy – as Dr. Faber said, "if it were so easy, then Zimbabwe would be the world's wealthiest country…"
Nigel's logic is completely flawed, he praises a possible devaluation of the Greek currency and goes on to detail the benefits, but does not see the benefits of the devaluation of the EURO?!! As always, Nigel Garbage…
the West in totality is in Terminal Decline and the EU will be the first to go and the 12% of the Worlds population that live in the West will not dominate the remaining 88% for much longer…the BRICS Nation membership will increase, starting with Saudi Arabia and the dollars privilege as the 'Reserve Currency' will end within a decade….
The Italian economy was booming in the 1990’s, because it could devalue and remain competitive. Since Italy joined the Euro, its economy has not grown at all and manufacturing has dropped by 13.8%. Look at youth unemployment in Italy, a Greece and Spain. It is a disgrace. No wonder so many young people are desperate to get to the U.K.
Over 5 million EU citizens were given permanent settlement status after Brexit. They did no want to go back to their own countries. Why? Because the British economy is not over-regulated and it is easy to start a business. You try and start a business in France. It is extremely hard.
The Euro will fail because it has allowed Germany to have a competitive edge by devaluing from a strong Mark into a weak Euro. But southern EU countries are struggling. The Euro will fall apart soon as Lagarde hikes the base rate out of negative territory. There is going to be much social unrest in Europe this winter, as inflation eats into people’s savings. And let’s face it, the German people never wanted to share a currency with Greece.
Nigel Farage: I despise what the Conservatives have done to Britain
https://youtube.com/watch?v=B4AAnzclTsk
Lacalle reveals his support for global elite & European bureaucratic superstate, built on centralised command control & crony capitalism
I sense he is looking out for those poor plebs in EU's second class countries he so describes
Currency parity is an orchestrated event to enable the launch of central bank digital curreny and NWO and the great nazi reset
We are first world.
We have a first world currency. We have a large part of the population in poverty.
Who benefits from being first world.
Nigel is so divine in this!
The lessons to learn in patience and diplomacy and magnificent comebacks Nigel demonstrates whilst listening to this 'economist' are endless.
#CantBarrageTheFarage
Nigel is a Magnus Carslen of political wiff waff.
It won't improve against the dollar I don't think, the likes of Peter Zeihan have me seeing that be the case.
During Covid I predicted that the EURO would go down….
Get me out of here odious Farage and his bs yuk
Great debate, so good to see somebody with a different point of view to Nigel, but as the person who single handedly saved the UK, Nigel, as always ,is spot on and I am sure he will be proved right, hopefully before China invades Taiwan
Nigel🏆
Haha, Farage still wheeling out ten year old arguments. Only a UK right wing channel would be holding a debate on the prospect of a Euro crash while its country is in the process of being flushed down the toilet while its toilets are leaking into its rivers. Hilarious! 🤣🤣🤣🤣
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I think a Brit like Farage (or what is he now) should be more concerned about the tanking pound and the mess produced by Brexit.
Luckily Britain was not a part of the euro zone and thus it was the pound that fell and not so much the euro. And the pound has not recovered since then.
Some Brits like Farage are just annoyed by the fact that the euro easily surpassed both the yen and the pound to become the number two currency in the world behind only the dollar.
They have now for years been dreaming about the downfall of both the EU and the euro and at the same time destroying both the UK and the pound.
Farage tried to find a future in the USA kissing up to Trump, but they did not fall in love with him and I would suggest we don't need him here either and that includes the UK too.
Farage just cannot stop talking shit. And just look at Britain today.
Danny, no sabia que eras pro euro…Joder tio, no puede ser!
I've been a fan of Daniel for a long time; but I think he's completely wrong here. Spain had a robust manufacturing sector prior joining the Euro. All it is now is a low-wage tourism economy.
Farage belongs in the garbage
The euro is in a worst condition now than when it last went bust. Hiding currency value?? What are euro bonds doing? ?
Why should the northern parts of Europe constantly bail out the southern parts of Europe?
From the start of the Union, we agreed the max national debt is 60% of GDP. Those agreements like others aren't held up too by the pigs and France. When COVID came the ECB had to start print extra money. Too bail out those countries. Printing extra money causes inflation what leads too price inflation.
As a Dutchman I'm paying taxes and extra inflation too help those countries. I'm all for a NEXIT.
keep doing the good work 🙂
Nigel Farage makes this debate entertaining🤣😂😅
very much informative -prospective for traders …thank u all
To all 3 of you l strongly reccommend a treep to Athos Mountayn ………. There it still could find God's employees !!! I wish more videos like this with clever guests ! $/Euro till o,85 will continue the sell !!!! Nothing wrong @ Southern states from UE…….Northern Europe will see what hunger menas without all the food from South ……! Holland it is bye, bye 👋! Anyhow Devil stay behind all this political structures and them advocates JEWS who own everything ! Political institution from Bruxell will implode sunn or later ! Unfortunately what coming after will be even worst !
Truth is the Euro will reign only until the German elites wants it too. When this group of German elites start to see their fortunes ebb away then and only then the Deutsch Mark will return, the Spaniard is correct.
Question are, why are politicians in Europe expecting Putin be so nice to European leaders ?
European leaders closed their eyes for what US working on and planned in Ukraine since 2013, they closed their eyes for when US trained Ukrainian military azov dayly shelling Russian speak regions in Ukraine since 2014.
Thousands of Russian speak Ukrainian citizens was killed by their own Ukrainian military azov, European leaders knew genocide was happening for 8 years. They knew US training Ukrainian military azov same time, nobody said nothing.
No western mainstream Journalist's was in Ukraine from 2014 to 2022, because US wanted to work undisturbed in Ukraine since 2014.
It's just insanity, and western leaders collective support US self-destructive decisions and sanctions against a country their own country depends on.
Chooses to support US proxywar against Russia.
And European leaders are surprised he not are more kind ?
What are collective western leaders smoking ?
People should see some education videos from US Professor John Mearsheimer, he knew what US working on and planned in Ukraine since 2013, made a lot of education videos about Ukraine since then.
All US professor John Mearsheimer predicted would happen if US not stop their work in Ukraine trying to provoke Russia.
We all witnesses happening right now, he was right about everything he predicted would happen for years, he warned US officials multiple times since 2014 about consequences we now see. But US didn't care about his warnings, bad choice.
Really bad choice by European leaders, I know how US threatening Germany already over a year ago with aggressive sanctions if they are joining North stream 2 pipeline from Russia.
I am surprised if US not threatening other countries if they don't stop buying cheap green gas from Russia.
Yes I say green, because compared to expensive LPG gas from US who has to be shipped from the other side of the globe.
Gas from Russia are very green, European leaders chooses to letting their own citizens freezing to death when winter coming.
US promised they would supply Europe with enough LPG gas, they have to building many LPG ship's.
And they now says they are not able to deliver so much gas anyway.
US expected Russia would be military and economic bankruptcy in short time, but they failed big time.
And over half of the globe refuse to kneel for US threatening, results in BRICS expansion and US getting more enemies.
US wet dreams creating New world order got Chrushed big time, that's the truth .
Making Russia and over half the globe stronger and independent from US anymore.
They also agree to skip petrodollar, it could not going worse for the west.
Never read or heard of so many collective leaders agree to so many self-destructive decisions and sanctions against a country their own country depends on ever.
Everything who could going wrong for the west, have gotten badly wrong.
Trying to create a New world order, and ended up freezing themselves away from the rest of the globe.
Unbelievable to witnesses this collective self-destruction, just unbelievable stupidity and sad 😢
ECB has turned Eurozone into a union where the more irresponsible you are, the bigger debt you have, the more you gain relative to others. Maybe it could work if they let Greece go bankrupt and were not artificially keeping borrowing rates for countries like Italy artificially low, but ECB is controlled by politicians. And when politicians with zero qualification and accountability stick their nose into monetary policy, it can only end one way.
In the real Universe, "Selfishness" is "The Fundamental Ingredient of "Evolution". The United States of America is based on a different Model as compared to EU which has many many contradictions stoping them to be One. I never understood Brexit but today I am convinced after listening to Nigel.
May we have a great month of September.