Sickboy007
Member
Professor Ted Malloch claimed Greek economists are looking into taking on the US banknotes if the country turns its back on the European single currency in a move that he said would ”freak out" Germany.
Trump's tipped ambassador to the EU says the euro could collapse
He said: ”I know some Greek economists who have even gone to leading think tanks in the US to discuss this topic and the question of dollarisation.
”Such a topic of course freaks out the Germans because they really don't want to hear such ideas."
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"The one thing I would do in 2017 is short the euro," he said.
”I think it is a currency that is not only in demise but has a real problem and could in fact collapse in the coming year, year and a half," he added.
http://www.independent.co.uk/news/business/news/greece-latest-euro-us-dollar-ted-malloch-donald-trump-european-currency-debts-loans-us-ambassador-a7580806.html
US President Donald Trump's reported pick for EU ambassador said the bloc is "bloated by both bureaucracy and rampant anti-Americanism," and says each EU state should hold a referendum on membership of the bloc.
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In an article for the Parliament Magazine, a title focusing on EU politics and policy, Malloch said that the Trump administration was "no longer interested in the old forms of European integration" and could try to reverse the EU's drive towards a "socialist, protectionist, United States of Europe."
He said that Europeans were "ungrateful" to the US for its "large contribution to post-war European development and democracy," which he said was rooted in "European resentment of American power."
He added that the EU in its current form is "very harmful to US business, to US investment, to US security, and is categorised by over-regulation, low growth, [and] high unemployment," citing the Common Agricultural Policy — the EU's farming subsidy programme — as an example of European attempts to "distort the world economy and any notion of fair trade."
He suggested that each member state should hold a referendum on the EU to test their commitment "to the values of democracy and freedom."
Malloch is well-known for his anti-EU stance and European leaders have suggested that he is "malevolent" towards the bloc.
Asked in January he wanted to become the American ambassador to the EU, he told BBC News: "I had in a previous career a diplomatic post where I helped bring down the Soviet Union. So maybe there's another union that needs a little taming."
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Malloch's credibility was questioned by the Financial Times, which reported in February that he had embellished or falsified seven claims in his autobiography, including allegedly false claims that his documentary was Emmy-nominated, that he held a professorship at Oxford University, and that he had written for the New York Times and Washington Post. Malloch played down the FT's claims.
http://uk.businessinsider.com/ted-malloch-trump-pick-for-eu-ambassador-driven-by-rampant-anti-americanism-2017-2
Some other gems from Malloch's own essay:
We should be keenly aware that America has strong and long historic ties to Europe; that our genealogy and kinship run deep. Despite our large contribution to post-war European development and democracy, not to mention costly security, anti-Americanism abounds in Europe today. Why?
Furthermore, the EU increasingly openly works against US interests abroad -- in the Middle East, Israel, Iran, on energy, Cuba, at the UN and the list goes on and on. And America with a blind eye just looks the other way. No longer. President Trump is on watch - and looking.