iBankCoin
Joined Nov 11, 2007
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Wilbur Ross: “The Real Sick Man of Europe is Liable to Turn out to be France”

“France may be the “sick man” of Europe that threatens the health of the continent the most as opposed to crisis-ridden Greece or Spain, said Wilbur Ross, chairman and CEO of WL Ross and Co.

“I think at the end of the day, the real sick man of Europe is liable to turn out to be France, not Greece, not Portugal, not Spain, not Italy,” he told Newsmax TV in an exclusive interview.

“The reason is France is very uncompetitive to begin with on a global scale and the measures that Hollande has been putting in have been very, very negative from the point of view of economic growth,” Ross said…”

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