Mark Mobius and Jim Rogers Agree That Greece Should Fail

By on May 5, 2010

In other words, a bailout of Greece makes no sense. When companies and countries are fiscally irresponsible it makes no sense to bail them out. Both Mark Mobius and Jim Rogers agree that although the euro may decline initially, forcing Greece to follow an austerity plan will be better for the currency in the long run.

Sources: Investment Week,

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