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Friday, April 9, 2010

Top currency hedge fund: "Economic reality" will destroy Eurozone

John Taylor of the world's largest currency hedge fund FX Concepts, whom we recently presented as opining that the Euro would drop to $1.20, is pretty much certain what the final outcome from the events in Europe will be:

"The powerful elite political forces, and their co-opted market allies, involved in this fanciful decision-making can not control the economic reality that will eventually destroy Greece and Europe."

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