Jim Rogers says Ireland would be better off 'bankrupt'

clock

Legendary investor Jim Rogers believes Ireland and wider Europe would be better off if the Celtic Tiger was allowed go bankrupt.

Rogers, who started the pioneering Quantum fund with George Soros in 1970, says the European Union and the single currency could withstand letting Ireland run out of money. "I think they should go bankrupt. I think they would be better off, I think Europe would be better off and the world would be better off," Rogers told Russia Today before Ireland had accepted an EU bailout. "Greece is a very small part of the EU; Ireland is a tiny part of the EU. It is not going to end the EU. "It would be good because it would show people they want a strong euro and strong currency and show tha...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Muted response as Labour names Grimsby Town FC co-owner next investment minister

Muted response as Labour names Grimsby Town FC co-owner next investment minister

After the sudden exit of Poppy Gustafsson last week

Eve Maddock-Jones
clock 08 September 2025 • 2 min read
Hargreaves Lansdown and Schroders to launch double LTAF offering

Hargreaves Lansdown and Schroders to launch double LTAF offering

From next week

Eve Maddock-Jones
clock 08 September 2025 • 2 min read
Darius McDermott: Complacency at the peak

Darius McDermott: Complacency at the peak

'Markets to hit new highs, while credit spreads are at multi-decade lows'

Darius McDermott
clock 08 September 2025 • 5 min read