1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies

Oaktree's Howard Marks on Why Solving Europe's Problems Is So Difficult

April 01, 2013 | About:
Howard Marks thinks that a core problem in Europe that is going to make solving the crisis very difficult is that there is no mechanism in place to facilitate a solution.

The problems in Cyprus illustrate his point. In order to reach a solution both Cyprus and the rest of Europe had to agree on the solution. There is no single governing body.

When multiple parties have to agree before action can be taken, things get complicated.

Enjoy the full interview with Marks:

Rating: 3.8/5 (6 votes)


Please leave your comment:

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)