The only thing you need to know about the euro farce

The latest deal to save Greece won't work, because there's only one way out of this mess, says Bengt Saelensminde. Here, he explains how to stay safe when the eurozone collapses.

Forget what you've seen in the news about crisis being averted in the eurozone. Nothing has changed. All the latest deal has achieved is to allow the eurocrats to "buy more time".

It would be laughable if it weren't so serious. And when I say serious I don't mean for bondholders, bank shareholders, or even the poor old Greeks, Italians and Spaniards who are now facing economic depression.

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Bengt graduated from Reading University in 1994 and followed up with a master's degree in business economics.

 

He started stock market investing at the age of 13, and this eventually led to a job in the City of London in 1995. He started on a bond desk at Cantor Fitzgerald and ended up running a desk at stockbroker's Cazenove.

 

Bengt left the City in 2000 to start up his own import and beauty products business which he still runs today.