Name: Anonymous 2012-05-09 23:59
John Taylor, founder of the world's largest currency hedge fund FX Concepts, spoke with Bloomberg TV's Erik Schatzker and Sara Eisen and said that Greece will leave the euro this year. He went on to say that, "this summer I think is very likely...the Europeans aren't going to give them money, the IMF's not going to give them an OK. They will be out of money in June."
Taylor on whether Greece will leave the euro after the next round of elections:
"There is another round to go yet as I believe they will have another election in June. Then it will come out the same way or perhaps even worse...This summer I think is very likely. The Europeans will not give them the money. The IMF will not give them an ok. They will be out of money in June."
Taylor on whether Greece will leave the euro after the next round of elections:
"There is another round to go yet as I believe they will have another election in June. Then it will come out the same way or perhaps even worse...This summer I think is very likely. The Europeans will not give them the money. The IMF will not give them an ok. They will be out of money in June."