Billionaire investor says Greece’s chances good

Ray Dalio, the billionaire investor who runs Bridgewater, the world?s largest hedge fund, said on Wednesday there is a 60 percent chance that Greece will stay in the euro currency.

?If anyone is going to be forced out, it?s more likely that the Germans will be forced out,? Dalio, founder of Bridgewater Associates LP, said during a talk at the Council on Foreign Relations in New York.

?Southern Europeans have the votes that control the monetary policy. You let them vote, they will vote to print money.? [Bloomberg]

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.