Max Keiser, a prominent financial journalist, says in an exclusive interview that the eurozone is definitely going to split due to the financial crisis in Europe, Press TV reports.
“The eurozone is going to split, there's no question about that. It's just a matter of how it will split, whether there'll be a Southern Euro or a Northern Euro, whether Germany will split itself off or remain in the Euro,” Keiser, an American analyst based in Paris, told Press TV reporter on Tuesday.
He added that the only powerful member of the eurozone is right now Germany and it is planning to turn into the sole superpower in the European continent.
“Spain looks very weak. Italy looks very, very weak. And Portugal is weak. Ireland is weak. France itself is weak. This is a game that is being orchestrated, to a large degree, by Germany because they stand to result as a big winner in all of this,” he said.
The analyst also mentioned that Greece is certainly headed for a default and there are rumors in Paris that Société Générale -- a large European Bank and a major Financial Services company -- and BNP Paribas -- France's largest bank -- are going to be nationalized “to deal with their exposure to the Greek debt.”
In the foreseeable future, “all balance sheets and administration of the eurozone will be administered by Germany,” which, Keiser said, is a great step ahead toward the federation of the eurozone...
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