Wednesday, July 8, 2015

Greece Should Declare Bankruptcy, Stay In the Euro

I did not say to leave the Euro. I said what they should do is to declare bankruptcy, stay in the Euro and start over. The Euro is good for them and it is good for the world. So they should stay and just go through their bankruptcy.

We`ve had States, cities go bankrupt, Counties go bankrupt, they did not leave the United Staes, they did not leave the U.S. Dollar. So, it can be worked out, it has happened many times in history.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.