Clip of the Month: Martin Wolf on the Full Extent of the Eurozone Crisis

September 18, 2015

Just how bad was the eurozone crisis? "Financial Times" columnist Martin Wolf, one of the world's most respected and incisive economic commentators, says that it was "unbelievably costly in aggregate" and the crisis-hit countries of Italy, Greece, Spain, and Portugal have suffered "at least a lost decade." He also provides an update on where these countries are now and what vulnerabilities remain.