Wednesday, October 26, 2011

Zerohedge reporting? No. Bloomberg.

Eurozone ‘Collapsed,’ Euro Will Disappear, FinansInvest CEO Says

The eurozone has “already collapsed” and will vanish as the region is on the brink of a banking crisis that will destroy the currency, said Zafer Onat, the chief executive of FinansInvest, a Turkish broker owned by National Bank of Greece SA. (ETE). “I believe that the European monetary union doesn’t exist anymore,” Onat said in an interview in Istanbul today. “I think it already collapsed but no one has said it yet. Now we are in a deadlock. One of the world’s major reserve currencies will disappear.”

Posted by general congreve @ 01:25 AM (1348 views)
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2 thoughts on “Zerohedge reporting? No. Bloomberg.

  • Written by a Turkish broker, working for a Greek bank, mmmmmmm.

    No sour grapes or vested interest there then.

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  • I’m not sure this guy carries much clout, but I do feel that in ten years time, people in countries that currently have the euro will be saying “why didn’t we ditch it then – when it would have been so much easier..”

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