Euro ‘could fail’ in the next 18 months, says man tipped as US ambassador to EU

BBC: The man tipped to be Donald Trump‘s ambassador to the European Union has told the BBC the single currency “could collapse” in the next 18 months. Professor Ted Malloch said he would “short the euro” – taking a market position which bets on the value of the currency falling. Mr Malloch added that any attempt by the EU to block Britain beginning negotiations with the US would be “absurd” and like a husband “trying to stop his wife having an affair”.

Who is Ted Malloch?

Theodore Roosevelt Malloch (born September 22, 1952) is Chairman and Chief Executive Officer of Global Fiduciary Governance, LLC, a strategy and thought leadership company and served as Chairman and CEO of The Roosevelt Group.

Here his full profile.