This comment has received too many negative votesshow
haha, this shit is so retarded.
every anglo-saxon/american news organization predicts the collapse of the EU and the euro. However, european media (scandinavian/dutch/german), are all much more moderate. The point is all of the european countries would have done worse if there was NO euro.
The euro is actually backed by a strong economy, good policy. The dollar is the one that will collapse when only a mere 5% will demand the US to pay back the bonds/loans. Even OPEC starts to use the euro.
@apogist How can you assert it is backed by a strong economy(okay one?) Have a look at the riots in the streets! Lets face it the euro is a lacky band, its getting pulled in every which way by countries wanting a hard or soft currency, it'll snap.The reason the European's are so much more moderate is because they are the Euro and as such they are parochial. By virtue of this fact they are in the trade, and as all good traders know you have to get out of your position to take a realistic view.
Indeed he did..... not sure what that had to do with my point .... or even what that really has to do with me.... but, as you sais, he did say 'even in the UK' at 1:48.
It's rational hedge fund managers that try to keep the Obamas of the world from becoming Perons. In the end, history speaks a certain truth, however disruptive.
Hugh Hendry has been calling for this meltdown for over 6 years. I like the way he takes apart these 2 freeloading socialists on each side of him. Dont throw them out of their houses? Their houses?
Hugh's an Expert . Welcome 2 the Fore
skyriderize 11 months ago
Hmmm interesting listening to this in light of the current pressures on Greece and the other PIGS....
I once read somewhere that Hugh is always wrong until he's right.
d1bx4pp 1 year ago 4
I think I wrote that...
carolako2801 1 year ago
lol, cnbc is so retarded about europe alays
apogist 2 years ago
This comment has received too many negative votes show
haha, this shit is so retarded.
every anglo-saxon/american news organization predicts the collapse of the EU and the euro. However, european media (scandinavian/dutch/german), are all much more moderate. The point is all of the european countries would have done worse if there was NO euro.
The euro is actually backed by a strong economy, good policy. The dollar is the one that will collapse when only a mere 5% will demand the US to pay back the bonds/loans. Even OPEC starts to use the euro.
apogist 2 years ago
@apogist How can you assert it is backed by a strong economy(okay one?) Have a look at the riots in the streets! Lets face it the euro is a lacky band, its getting pulled in every which way by countries wanting a hard or soft currency, it'll snap.The reason the European's are so much more moderate is because they are the Euro and as such they are parochial. By virtue of this fact they are in the trade, and as all good traders know you have to get out of your position to take a realistic view.
carolako2801 1 year ago
Is this guy an Austrian or what? I mean, Austrian economist! Mises till I die brother man! F.%$@k Keynes!
AFRIKTODAY 2 years ago 2
Gosh - another Englishman prophecising the demise of the Euro... never heard that before. In the meantime Britain slides deeper into the shit.
Lets face it, if there's one thing the EU must be glad of, it's that the UK doesn't have the Euro.
maxfm82 2 years ago
He said" But even the UK in 1:50s!
AFRIKTODAY 2 years ago
Indeed he did..... not sure what that had to do with my point .... or even what that really has to do with me.... but, as you sais, he did say 'even in the UK' at 1:48.
maxfm82 2 years ago
Comment removed
carolako2801 1 year ago
hugh is great thx for the vid
dragonissimo 2 years ago
Is he the Uk version of Peter Schiff?
I'd love to see all the bears have a round table discussion.
Hendry, Schiff, Roubini. The only guys who got it right.
RON PAUL
ChristiansMustLearn 3 years ago
Hugh Hendry is on channel 4 this monday at 9pm hopefully he will shed some light on this for the masses
thebrassnut 3 years ago
I saw him filing a very short section of that :)
It was the bit where he speaks to the camera in front of the Thames an the city of London
clyrenternal 3 years ago
It's rational hedge fund managers that try to keep the Obamas of the world from becoming Perons. In the end, history speaks a certain truth, however disruptive.
stockmongercom 3 years ago
Hugh Hendry has been calling for this meltdown for over 6 years. I like the way he takes apart these 2 freeloading socialists on each side of him. Dont throw them out of their houses? Their houses?
IF YOU DON'T PAY....YOU DON'T STAY
demondogg55 3 years ago