Trump’s Expected Ambassador to EU Says “Short the Euro, Collapse May Come in 12 to18 Months”

Thu, Jan 26, 2017 - 9:05am

Professor Ted Malloch, Trump’s expected ambassador to the EU says “The one thing I would so in 2017 is short the euro.

Partial Transcript

“I am not certain there will be a European Union in which to have negotiations… The one thing I would do in 2017 is short the euro. I think it is a currency that is not only in demise, but has a real problem and could in fact collapse in the coming year or year and a half.”

It nothing else, Trump is sure to provide fodder for media discussion for four full years.

That aside, it is refreshing to hear such discussions. The breakup of the Eurozone or EU is a very distinct possibility.

About the Author

Investment Advisor Representative
investing [at] sitkapacific [dot] com ()
Financial Sense Wealth Management: Invest With Us
Subscribe to Financial Sense Newshour on iTunes