<p>Trump&rsquo;s pick for EU Ambassador &ndash; economist Ted Malloch &ndash; believes Europe&rsquo;s largest currency is in serious danger. ;</p>
<p>&ldquo;I think it is a currency that is not only in demise, but has a real problem and could in fact collapse in the coming year, year and a half&hellip; The one thing I would do in 2017 is short the euro,&rdquo; Malloch told the BBC.</p>
<p>Malloch points out that many others, including World Bank economist Joseph Stiglitz, share his opinion. ;</p>
<p>Malloch, a Brexit-supporter, says he expects a &ldquo;clean&rdquo; separation from Britain, after which the UK can dodge &ldquo;the bureaucrats in Brussels&rdquo; and craft a free trade deal with the US. In the meantime, Brussels has ordered the UK to refrain from trade negotiations until it leaves the EU.</p>
<p>&ldquo;I had, in a previous career, a diplomatic post where I helped to bring down the Soviet Union. So maybe there&rsquo;s another union that needs a little taming,&rdquo; said Malloch. ;</p>
<p>Comments like this have led European MPs to believe that Malloch seeks the dissolution of the bloc &#8211; and many have asked the EU to reject him if he is named ambassador to Brussels. ;</p>
<p>Malloch currently works as an economics professor at Henley Business School in Reading, UK. Past positions include professorships at Yale and Oxford, a seat on the executive board of the World Economic Forum, and policy positions in the US State Department and the US Senate Committee on Foreign Relations. ;</p>
<p>Malloch&rsquo;s grim forecast for the euro and the EU is an unpleasant reminder of our own predictions.</p>
<p>As I wrote in a previous article, <em>Punching Bag</em> has theorized that the repeated terror attacks in Europe are part of a larger plan to rip apart the EU and to transform Europe&rsquo;s large (moderate) Muslim population into an insurgent force.</p>
<p>Brexit only makes the situation more tenuous, and the repeated attacks in France have already taken a serious toll on one of the world&rsquo;s most popular tourist destinations.</p>
<p>Here, PB&rsquo;s Sean Gibbons outlines how and why <a href="https://punchingbagpost.com/how-and-why-france-will-be-destroyed-by-terrorism/" target=""><strong>France will be consumed by terrorism</strong></a>. ;</p>