Jim Rogers: 'Let Greece Fail, It Would Be Good for the Euro'

Includes: ADRU, ERO, EU, FXE
by: Adam Sharp

I love this guy. In the clip below, he dishes out his patently-straightforward analysis of the Greek debt problem. He demands accountability from the Greeks (and anybody else asking for a bailout), and dismisses concerns that sovereign CDS traders are the problem – “Were they the ones who increased deficits to 12% of GDP?”

Other talking points:

  • Will China let their currency float?
  • U.S. equities are “overdue” for a correction
  • He’s been long the dollar for 5-6 months and it’s still working.
  • Calls himself a “horrible stock market timer and trader”. This, from the guy who co-founded the Quantum Fund with George Soros, which saw returns of 4200% over the first 10 years.


hat tip Dollar Collapse.

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