The Eurozone has an unresolved structural problem from the 2008 crisis: debt in southern European countries is much higher now than in 2012, and if yields rise sharply, an asymmetric crisis could emerge where northern countries (Germany) see falling yields while southern countries (Greece, Italy) see sharply rising yields due to default risk.

causalpending

Speaker

Henrik Zberg

Evidence Quote

what we did to the to in the Greece uh Greek situation was that we uh we gave them some better rates some better payment terms and everything was fine the problem is now that the debt is now much much higher than it was 2012 where debt was a problem [24:34]

Source

Gold Won't Save You From Historic Market Bubble Bursting: Henrik ZebergCommodity Culture
Created: 8/11/2026, 7:45:29 AM

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