"The whole euro thing will eventually be doomed," says Donald Trump, Trump Organization chairman & president, expressing his thoughts on Europe's financial crisis and the future of the euro zone.
19 Jun 2012 CNBC
"It's a total mess. I
know so many people over there, they don't know what's happening. The
whole euro thing is doomed. I can't see Germany bailing out other
people. A lot of these countries are going to go back to their own
currencies. But it won't be nearly as bad as people are saying"
[Are there bargains over there?]
"Yes.
Spain. It has too much debt, all of those empty homes and apartments.
Look at Miami, the greatest example. Miami is booming and a few years
ago it was a disaster. Somebody brought a project to me in Greece!
You're getting everything for nothing, you have to sit on it for a
while. I'm thinking of doing something over there....a great opportunity
is Spain too. It's got a fever, this is the time to take advantage of
it"
[Gillian Tett -
I am sure you can buy a fleet of Greek islands. Will you jump into Spain?]
"The
countries have to go back to their own currencies. Germany is buying
back tremendous amounts of debt [! at discounts. I'm not sure Germany is
suffering. That's not a bad way to make a living. But a lot of these
countries, maybe all of them, will have to go back to their own
currencies. Different people and different thought processes,
Rich Dad Poor Dad is the story of Robert Kiyosaki's financial education. He had two 'dads' - one his real dad, who was poor, and the other, his best friend's dad, who was on his way to becoming a very rich man.
The Richer Daddy Blog Tracking media interviews of Robert Kiyosaki author of the best seller Rich Dad, Poor Dad
