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

Why should investors back China in the worldwide robotics race?

Why should investors back China in the worldwide robotics race?

The race to identify Asia's hidden gems

Xin-Yao Ng
clock 19 June 2026 • 5 min read
UK small-caps – down and out or ready for a rope-a-dope?

UK small-caps – down and out or ready for a rope-a-dope?

'Our faith is rooted in our own in-depth research and direct engagement with businesses'

Eustace Santa Barbara
clock 19 June 2026 • 5 min read
US-Iran truce eases inflation picture but markets to experience 'hangover'

US-Iran truce eases inflation picture but markets to experience 'hangover'

Fed and BoE face 'balancing act'

Michael Nelson
clock 15 June 2026 • 3 min read