Germany to stay alone in the Eurozone

Thursday, May 17, 2012

Germany to stay alone in the Eurozone

Marc Faber : well regardless whether Greece stays in the Eurozone or exit huge losses must be taken on the Greek debt and I think for Greece itself it would be better to exit the Eurozone followed by Italy and Spain and also France and then at the end you should have only one country in the Eurozone that's Germany - in NDTV interview
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Dr. Marc Faber Tomorrow's Gold

Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude. Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, which acts as an investment advisor and fund manager.