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Bailout Is 'Nail in the Coffin' for Euro, Jim Rogers Says

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AND WE'RE THE PALLBEARERS
"Investor Jim Rogers said Europe’s bailout of indebted nations to overcome the sovereign-debt crisis is just “another nail in the coffin” for the euro as higher spending increases the region’s debt," according to Bloomberg. “I was stunned,” Rogers, chairman of Rogers Holdings, said in a Bloomberg Television interview in Singapore. “This means that they’ve given up on the euro, they don’t particularly care if they have a sound currency, you have all these countries spending money they don’t have and it’s now going to continue.”
SOURCE:   Bloomberg

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