The euro crisis

Watch the full 22-minute video at http://www.goldmoney.com/zulauf-turk-interview. Felix Zulauf, Chairman of Zulauf Asset Management, and James Turk, Director of the GoldMoney Foundation, talk about the debt crisis spreading from Greece to the rest of Europe. Felix is very euro-sceptic because of the imbalances between saver nations of the euro-core and the debtor nations of the euro-periphery. Felix sees politicians lagging reality, always two steps behind and how this will put the entire banking system at risk. This will also have political consequences.

This interview was recorded on Septemeber 30th 2011 in Vienna.