Yanis Varoufakis: Brexit Would "Speed Up" EU Disintegration

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Former Greek Finance Minister Yanis Varoufakis talks with David Gura about what he sees as potential Brexit fallout for the European Union and EU's ability to withstand another shock similar to the financial crisis of 2008.

YANIS VAROUFAKIS: The European Union is not a given. The European Union is a work in progress and indeed it's disintegration in progress. And a Brexit would speed up this disintegration. And the speeding up of this disintegration will create a gigantic deflationary force, a vortex, within continental Europe, which will consume Britain. The Brits can vote to get out, but they cannot leave the mess that will be left behind.

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