Eventually the Euro will break up says Jim Rogers

I only see two bubbles in the world, one is Chinese urban real estate and the other is the United States government bond market.

Jim Rogers : "The currency crisis has been going on for a while. It did not start this week. It has been happening for a while. It started with, maybe depending on how you want to look at it, with Iceland or Latvia or many other countries who have been having problems, and the currency crisis is continuing and is going to get worse. This is not the end. Over the next year or more, we are going to see more. So prepare yourself." and regarding how he sees the future of the Euro and The EU Jim Rogers says :"Eventually the euro unfortunately is going to break up I am afraid because it keeps weakening itself from within. If they would lead Greece go bankrupt, for instance, it would strengthen the euro, it would strengthen the Eurozone because then people would know you have to maintain a sound economy, you have to maintain a sound currency and everybody would jump in and buy the euro including I would buy more if that would be case. Weakening from within and continuing to lend money and paper over problems is not a solution for a sound currency. I do own the euro, do not get me wrong but I do not thing this is the proper approach. "
"Well I was short on major Western financial institutions in 2008, I am delighted and surprised you remember but I was. Then there were great excesses in the Western financial community. We do not have that kind of excess now. We have excesses but nothing like we did then. I am just shorting this major Western financial institution because it is very high priced and if the markets are going to consolidate, it will be one of the first to get hit because the reasons in my view we will have consolidation because of currency turmoil and financial market turmoil. I do not see a bubble in finance like we had two or three years ago. We could have one again but it is not there, yeah. I only see two bubbles in the world, one is Chinese urban real estate and the other is the United States government bond market. We do not have major periods of excess like we did have three years ago in the Western financial arena. "