Jim Rogers : Greece should declare bankruptcy

Jim Rogers : Should they stay in the EU? Of course, they should. And they should stay in the Euro as well. But what they should do is declare bankruptcy and everybody takes some losses, and there will be huge losses. You ring fence the bags and you know, make sure everybody's checks clear. But just pushing this out into the future, you know, all of these plans, Jon, show everybody deeper in debt next year; deeper and deeper in debt in two years; deeper, deeper, deeper in debt in three years. This is not going to solve our problems. - in Reuters Interview