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Bury the Euro: Roger Nightingale

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"The euro is dead: bury it. Don't even try to revive it. The problem is that we have no growth in Europe. What you need in Greece and Ireland, and many other places, is devaluation. You need a 20 percent to 50 percent, you get your growth going, and then you gradually pay down your debt," Roger Nightingale, strategist at RDN Associates, told CNBC.

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