It’s a matter of 10 years or so, predicts Barbara Kolm, president of the Austrian Economics Center in Vienna, Austria. “The European Union as we know it will not exist in 10 years, believe me,”according with the economist Barbara Kolm .

Kolm stopped by Reason’s LA studio to talk about the economic situation in Europe, the fate of the Euro, and why America should not look to the Old World for financial advice.

Neither should Israel.

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