Euro Collapse Could Spark Global Depression, Soros Tells L'Hebdo

[mick silver]

http://www.moneynews.com/StreetTalk/Soros-Euro-Collapse-Depression/2011/08/18/id/407761 ... out of the horses mouth ... Billionaire investor George Soros said a collapse of the euro may spark a global financial crisis in a “new Great Depression,” L’Hebdo magazine reported, citing an interview.

“It seems to me that one still doesn’t understand what would happen if the euro collapsed,” Soros told the Swiss magazine in an e-mailed pre-release of tomorrow’s edition. “It would lead to a banking crisis that would be totally out of control.”

He also said Europe’s future hinges on Germany, which should “dictate its solution” to the region.

© Copyright 2011 Bloomberg News. All rights reserved.


Read more: Euro Collapse Could Spark Global Depression, Soros Tells L'Hebdo (http://www.moneynews.com/StreetTalk/Soros-Euro-Collapse-Depression/2011/08/18/id/407761#ixzz1Vc25iQsV)
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[Eyebone]

You know, theres just nobody out there with the brains or the will to make him and others like him go away.

[Libertarian_Guard]

http://i54.tinypic.com/hu56wy.jpg

[Gaillo]

Soros....
Immortal vampire overlord scumbag who always seems to be at the center of every financial stink filling the nostrils of the world's struggling middle class!
Fuck him and the dark horse of the apocalypse he rode in on! :(

[Libertarian_Guard]

http://i54.tinypic.com/2yun33a.png

[palani]

Could it be that anything that causes the politically connected angst might be considered "good news"?