Lars Seier Christensen, co-CEO of Saxo Bank, believes the euro is in a crisis that will not just pass.  "It is the renewed reality for traders and investors," he said at #FXDebates, a Saxo Bank event held at Bloomberg's London office on May 7. "The euro is a doomed currency and a lot of people knew that already when it was introduced. Rationality needs to return to the Eurozone.  If it doesn't recesion will turn into depression."

See more of Lars Seier Christensen's commentary on TradingFloor.com.