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morning-run · the-breakfast-grille · 7 Oct 2010 · 24 mins listen
Galileo Global Advisors Chairman & CEO George Ugeux (And former NYSE head) talks about global financial issues and begins with his views on Europe's debt crisis issues, how well recovery efforts are going, the risk of a currency devaluation for the Euro and the sterling, and offers his views on gold and silver prices (and whether they are a bubble).
He also discusses his tenure at the NYSE, the impact of the US having slipped behind China and India in terms of investibility, whehter a US listing has lost its shine, reports that QE (quantitative easing) may again accelerate, that the USD may be further debased and his views of the so-called recovery in the US.
He also discusses his extensive thoughts on why Americans are wrong to be so unhappy and disappointed with President Obama.
He also talks about US efforts in securing its energy future and of renewable energy research and development.
The discussion also centres on China, and pressure on its government to allows its Yuan to appreciate, and whether the world, should be allowed to dictate terms to China.
He also discusses his disdain for a global shift towards protectionism, and talk of mergers among country stock exchanges; as well as which cities around the world will be financial centres in future.
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