Friday, April 10, 2015
The possibility of the Eurozone disintegrating is High
The possibility is high, but it will not happen as the powerful US and European allies will not allow it to happen. Greece will never be able to repay and the allies will still infuse money into Greece. This is not an economic problem, it's a geopolitical issue. Hardliners in Europe know that if Greece moves out of the EU it will be more damaging for them than Greece as Russian and Chinese are more than willing to help Greece.
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.
Posted by Nicole Bourbaki