‘It is economic REALITY’ Trump’s likely EU envoy doubles down on DIRE predictions for euro

Wednesday, February 8, 2017
By Paul Martin

TED MALLOCH, the US President’s likely choice to become his EU ambassador, has said the fall of the euro is “an economic reality” and Europe should show “gratitude” to the US – not disdain.

By CHRIS CAMPBELL
Express.co.uk
Wed, Feb 8, 2017

The professor, who has a wealth of experience in academia, business and diplomacy, said citizens across Europe should choose whether they want to remain part of the union and on what terms as he said Brexit had sent a tremor through the Brussels establishment.

Mr Malloch has previously predicted the collapse of the euro within two years and has indicated financiers are betting it will decrease in value, also known by investment professionals as ’shorting the euro’.

Speaking to RT, a Kremlin-backed news channel, the 64-year-old said: “The fact that people believe there could be a euro-dollar parity, or that one should go ‘short the euro’, it’s not a political statement, it’s an economic reality.

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