Jim Rogers, chairman of Rogers Holdings, talks with Bloomberg's Betty Liu about Greece's fiscal woes. Rogers, speaking from Vienna, says a bankruptcy for Greece would benefit the euro.
Jim Rogers is of the opinion that the EU should let Greece go bankrupt, stating it is good for the EU and Greece; the Euro will shoot through the roof, for letting Greece fail will show that EU are serious about fiscal responsibility.
Rogers dismissed the notion that hedge fund is responsible for bring the Greece down.
(Source: Bloomberg)
Jim Rogers is of the opinion that the EU should let Greece go bankrupt, stating it is good for the EU and Greece; the Euro will shoot through the roof, for letting Greece fail will show that EU are serious about fiscal responsibility.
Rogers dismissed the notion that hedge fund is responsible for bring the Greece down.
(Source: Bloomberg)
