We are very happy to be hosting Nickolai Hubble on the podcast today, author of "How the Euro Dies".
Nick talks about his motivation for writing the book, Target2 - the largest debt you have never heard of, why Italy will leave the Euro and how this will cause the largest default in history!
Hope you enjoy.
Nick Hubble -
Fortune & Freedom - fortuneandfreedom.com/
Southbank Investment Research - www.southbankresearch.com/
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0:00 Introduction
0:10 Motivation for writing the book
1:21 Why was the book different to others that predicted the demise of the Euro?
3:30 Differences between current and past monetary Unions in Europe?
5:16 What are the Four Factors of the Euros demise and why do they only occur in Italy?
7:50 Target 2 - what is it and why has no one heard of it?
14:30 Why do people think Target 2 is not an issue?
16:40 Do countries have to pay interest on Target 2?
19:11 Why will Italy be the straw that breaks the camels back?
24:00 Germany followed the rules, but Italy hasn't
29:22 If Italy or Germany were to leave would it be a global crisis?
32:25 With the retirement of Angela Merkel and uncertainty of the CDU, does this bring the risk that Germany may elect more Eurosceptic parties?
36:51 How will Draghi as Prime Minister change Italy's direction?
41:35 How can an individual protect themselves from this crisis?
44:22 What is Fortune & Freedom, the mission and why should someone subscribe to it?
48:13 Where can they hear more about you?
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