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| Europe |
| Soros - the EU Sky is Falling (Again - or Still) |
| 2012-04-25 |
| The eurozone is in danger of collapsing in a manner similar to the old Soviet Union, which fell apart amid a crumbling economy that led to social upheaval, says billionaire financier George Soros. "Europe is similar to the Soviet Union in the way that the euro crisis has the potential of destroying, undermining the European Union," Soros said at a debate on public policy in Budapest, according to The Wall Street Journal. "With the profound social, economic and moral crisis that Europe is in, we can see a similar process of disintegration." So how can he a) facilitate the collapse and b) profit by it? Soros has made similar calls in the past, including recently in Denmark. "I'm afraid that the euro crisis is getting worse. It's not over yet, and it is going in the wrong direction," Soros said recently, according to Reuters. Maybe if he is quoted often enough, it will come to pass, and he'll get even richer. "The euro is undermining the political cohesion of the European Union, and if it continues like that could even destroy the European Union," Soros said. Soros recently called on Germany to do more to fight the crisis, according to an interview published in the weekly newspaper Welt am Sonntag. "The Germans should decide if they want the euro or not. If so, they have to carry out financial transfers. If not, they should leave the eurozone," Soros told the weekly, as picked up by the AFP newswire. If Germany chooses to ditch the eurozone, Soros warns, the country's exports would suffer as the "new German currency would find itself at a high value." Leaves you longing for the good old days, eh, George? |
| Posted by:Bobby |
| #7 The sooner Soros dies, the better off the world is. The man is evil. |
| Posted by: OldSpook 2012-04-25 16:49 |
| #6 "So how can he a) facilitate the collapse and b) profit by it?" Bingo, Bobby! |
| Posted by: Barbara 2012-04-25 16:37 |
| #5 Think he's short EUros right now? A better play would be to short French Gov bonds. It's a guaranteed bet if Hollande gets in. |
| Posted by: tipper 2012-04-25 15:55 |
| #4 This Soros fellow knows how to use the news to manipulate currencies. Think he's short EUros right now? |
| Posted by: Nimble Spemble 2012-04-25 13:52 |
| #3 This Soros fellow really is something else. I fear we'll all one day be issuing apologies to the late John Demjanjuk. |
| Posted by: Besoeker 2012-04-25 13:33 |
| #2 It's all his political economic manipulation that's responsible for it. Look at a country going down the tubes, you will find his pitiable dung ass in the mix somewhere. |
| Posted by: newc 2012-04-25 12:09 |
| #1 Soros is merely trying to get the German state to rob Germans and send the money to the feckless where he'll loot a bit on the way... |
| Posted by: Bright Pebbles 2012-04-25 10:50 |