Inevitable Greek default is the start of an EU break-up says Niall Ferguson

Niall Ferguson, a history professor at Harvard University and a Bloomberg Television contributing editor, talks about the outlook for the European debt crisis. Ferguson spoke with Erik Schatzker and Sara Eisen on Bloomberg Television’s ‘InsideTrack’.

He thinks it is ‘only a matter of time until Greece defaults and it could happen in March’. Professor Ferguson is backing George Soros and reckons the eurozone crisis could be the start of a break-up of the European Union.