Will the Euro collapse? - Yanis Varoufakis & Wolfgang Munchau | The Econoclasts

UnHerd • November 12, 2025
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As you may have guessed from our strange spelling, UnHerd aims to do two things: to push back against the herd mentality with new and bold thinking, and to provide a platform for otherwise unheard ideas, people and places. We think this approach is more needed than ever. Societies across the West are divided and stuck, and the established media is struggling to make sense of what’s happening. The governing ideologies of the past generation are too often either unquestioningly defended or rejected wholesale. It’s easy and safe to be in one or other of these two camps – defensive liberal or angry reactionary - but UnHerd is trying to do something different, and harder. We want to be bold enough to identify those things that have been lost, as well as gained, by the liberal world order of the past thirty years; but we strive to be always thoughtful rather than divisive. Welcome to UnHerd. We hope you find something that makes you think again. https://linktr.ee/unherdtv

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📰 Subscribe to UnHerd today at: https://bit.ly/3Qdkd5y Watch it on the UnHerd website: https://unherd.com/watch-listen/the-euros-fatal-flaw/ Listen to the podcast: plinkhq.com/i/1685475850 Advertise on UnHerd @ [email protected] Today on The Econoclasts, Yanis Varoufakis and Wolfgang Munchau challenge the widespread belief that the Euro is a safe and permanent currency and investigate whether a new political shock in a major country like France could be the trigger that finally unravels the entire project. The Econoclasts is the new podcast from UnHerd in which Yanis Varoufakis and Wolfgang Munchau each week pick pillars of the economic orthodoxy - so-called 'settled facts' - and shatter them. Why? Because, while they don't always agree politically, they’re united in one conviction: the consensus is rotten and the establishment's model is failing. //TIMECODES// 00:00 - 01:24 - Introduction 02:15 - 08:35 - The Eurozone crisis 08:35 - 22:19 - The problem with EU bureaucracy 22:19 - 23:40 - Closing thoughts Follow UnHerd on social media: Twitter: https://x.com/Econoclasts Facebook: https://www.facebook.com/unherd/ Instagram: https://www.instagram.com/unherd/ TikTok: https://www.tiktok.com/@unherdtv #UnHerd #Euro #EuropeanUnion

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