Source: WeMissJoe.com

A great man has recently passed and we would like to take the time to mourn this great loss. Joseph M. Connell was a long time resident of the Las Vegas suburb Boulder City, NV and had much history in the city. He moved to Las Vegas from Michigan about 30 years ago and originally played bass guitar in rock bands. Over the years Joe was a great entrepreneur and started many businesses, including The Big Picture Company, Flying A automotive, and Cottonwood Developers LLC. He had a passion for his work but also the funner things in life. Joe always liked to have fun and tell jokes in hope of a laugh or smile. Joe Connell was a great man who will be missed by all, but especially us here at ConnellFinance.com and our parent company Connell Technologies. He was, in fact the inspiration for Connell Tech and all of our endeavors. For more information about Joe, go to this website: WeMissJoe.com

(Source: CNBC) According to CNBC’s Jim Rogers has predicted that the euro is not likely to exist over the longer term, about 15-20 years. Rogers said that the value of the British pound is expected to fall substantially in the coming years.

“The euro will probably break up in the next 15 to 20 years,” Rogers explained in an interview, “we’ve had currency unions in history, they didn’t survive, this one won’t survive either.”

Lately, the euro has been under pressure due to Greece’s debt concerns. But EU finance ministers agreed to bail out Greece if it will need aid because of its growing public debt.

Rogers said that the pound’s forecasted problems are expected to be caused by Britain’s “gigantic debt and huge trade deficit. The Chinese renminbi may replace other currencies in 20 years, but it is absurd to think of this now, as it is still a controlled currency.”

Due to continued economic worry, stocks have fallen recently to a 12 year low of 7,114, while crude oil fell to $38.44.  European markets fell as well.  Watch the video of the report below: