Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Soros to Germany: Lead or Get Out

Details

  • Description

    Springer Financial president Keith Springer weighs in on the European markets.

  • Duration 1:46
  • Date

Clips

Also in this playlist...

World Markets

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

-- springer -- -- the president done thus springer financial and has a book called facing Goliath how to triumph in the dangerous markets ahead.

This let me start with this talk that Ashley had just brought up about Soros telling the Germans to either lead or get out does have.

It's a little crazy to David what do you make of it.

But I think it's crazy Connell I think you had around the -- -- -- can imagine someone saying you don't have to be fiscally responsible it's okay debt.

To spend like a drunken sailor were not have to repay your bills I mean.

That's no way to run a country that's no way to run Euro block her continent.

And I don't know how we can really come across -- say something like that be.

Treated seriously but this German court decision is serious the one that his expected out tomorrow they really hold the fifth what kind of the future of the -- European.

Our rescue at least in their hands what do we expect there an effect on the markets and everything else.

Well I expect -- the German parliament if two basically granted there they know what's in the best interest everyone in Germany knows it and they don't wanna give it away.

But they know what's in the best interest of Germany and the rest of Europe so I think what they're trying to get as Europe to be fiscally responsible to -- to say let.

Spend within reason let's get reasonable growth.

Everyone will benefit but you can't just allow countries not to repay their -- -- -- that's there's no way to run a country or government or anything like that.

It's -- same in this country I would expect the German parliament to give its authority.

It's going to be tight there's going to be a lot of bickering back and forth.

Probably gonna help the markets it's gonna help bring US market as well because we're off of that.

And you know everybody have to be careful investors in the US have to be careful that you continue to look for income and dividends that we do for our clients right and just be wary of rational I think too much rescue and -- appear to quarter to the hours to get back to the markets to keep thank you appreciate you coming on thank -- -- -- -- --

Load More