Jim Rogers: Surprise 50% Greek haircut not enough to save Europe
October 27 — Jim Rogers has welcomed last night’s eurozone deal, saying the size of the haircut for Greek bondholders was much higher than he had expected.
However, the veteran investor warned eurozone leaders have failed to address the crux of the problem, by only enforcing haircuts on holder of Greek debt. He said the problem is likely to come back to haunt investors in the near term. Read more.
