Friday, May 17, 2013

Europe: Instead Of Trying To Crack Tax Havens, Leaders Should Address The Real Problems

Video Summary: Switzerland's cherished banking secrecy is under threat. In the ongoing battle against tax evasion, EU finance ministers have agreed to put pressure on the non-member nation to share its banking data with the Union. Investor Jim Rogers told RT that instead of trying to crack tax havens, EU leaders should address the real problems - like their own unchecked spending habits. Related ETFs and currencies: iShares MSCI Switzerland Index Fund ETF (EWL), Swiss Franc
Jim Rogers is a bestselling author, financial commentator and successful international investor. Rogers was a co-founder of the Quantum Fund (considered to be the first truly international fund of its kind) and is the creator of the Rogers International Commodities Index (RICI).