Bernie on Europe

Saw this quote today from Bernie Eccelstone, the guy that runs the commericial aspects of Formula 1 talking about Europe.
“…Ecclestone suggested that other European races may not be quite so safe, however. “We’ll probably lose races in Europe,” he said. “I suspect Europe will have a third-world economy within the next decade anyhow. European politicians have taken the wrong direction in their thoughts.
“Maybe we won’t have to cut races, Maybe some European GPs will disappear on their own….”