Wilbur Ross has some interesting insights about the Euro-crisis. He thinks that it is not Portugal, Italy, Spain or Greece, which have the most problems. Rather, Ross believes that France is possibly “sick man” of Europe, which is the biggest threat to the Euro-Zone. He is not a big fan of President Hollande, stating ‘The reason is France is very uncompetitive to begin with on a global scale and the measures that Hollande has been putting in have been very, very negative from the point of view of economic growth.’
The video is embedded below:
