Jim Rogers: Greek bailout may be prelude to EU zone collapse

Nov. 4 - Jim Rogers tells Reuters the Greek bailout plan merely pushes the debt crisis into the future, and could cause spark an end to the euro zone in five years.

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[EPICELEET]

SOME VALID REASONS TO 'BAIL OUT' A COUNTRY:

UNEXPECTED EARTHQUAKE, CALAMITY, OUTBREAK, ETC.

INVALID REASONS TO 'BAIL OUT' A COUNTRY:

WHATEVER THE greece JUSTIFICATION IS

YOU DON'T GIVE A LAZY DOUCHE WHO THINKS HE/SHE'S ENTITLED TO EVERYTHING A BIGASS CHECK.

ANCIENT GREECE CENTURIES AGO WAS THE ENVY OF THE WORLD. WHAT A FALL FROM GRACE. IT'S A CULTURAL THING AND THEREFORE IT'S ALMOST EMBEDDED IN THEIR DNA TO BE LAZY, COMPLACENT AND ENTITLED.

*SMH*

[Holowachuk]

i'll give a realistic scenario about "the bailout".

greece leaves the eurozone on its "own" wish - and the bailout comes. in this order.

does that mean that the eurozone collapses? well, are you going bancrupt, when your neighbour does? are you incapable because your neighbour is? the eurozone will recover and get rid of greece.

greece will have to star, to payback its debt in the worthless drakma 2.0... or will they? i think, that the money is gone, but the economy recovers.

[newERNIEifyJourney]

Greece should go back to basic and DRAKMA currency. EU coalition is a BANK. Greece is now paying the loans back for what. What a scammed!

[ClarksonsinUSA]

I think EU should reorganize ,Kick the irresponsible club med members out and maybe Ireland....That's how you salvage the EU...

[olrailbird]

Mr. Rogers is an optimist.

He is also a cheerleader for the very system that is enslaving the poor, generation after generation. You are the commodity he really invests in.

All of his wealth is on paper. He's part of the flim-flam to confuse you.

If you want to know how the rich get richer and the poor get poorer, it's called usury. Interest is one form of usury, lying is another. Fine print and filler.

Usury is cheating.

Usury kills.

[ayoopdog]

wow CNN, take notes from Jim Rogers. This is how you properly conduct an interview.

[mwrr25]

This clown needs to learn how to interview and let Jim Rogers speak.

[lack76]

we'll leave it on that sour note. Is this what America churns out now? what a candy-ass.

[dave4708]

The problem is every country just wants to hold this broken system together a little longer.I'm sure at the white house the little weasel,Obama is asking Timmy & Ben to do whatever necessary to keep the ponzi scheme alive just long enough to get past the election.

[davids11131113]

And btw it also wont be some '5 years from now' total nonsense....theyll all collapse very soon, Obama will not stand for re-election he will be a martial law president...5 years from now, yea dream on. They need to establish the new world banking order by spring. Rogers knows this.