Warren Buffett was on CNBC a short while ago talking about the euro. He said a if there is enough of a strain the euro could collapse. A collapse is not unthinkable, he said. He noted various currency collapses of the past, like in South Korea and Brazil in the late 1990s. They were disruptive but eventually helped spark the boom we have today.
EUR/USD trades at 1.4130 after stalling again just shy of 1.4150.
