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Realistbear

Soros: Collapse Of Euro Should Not Be Ruled Out

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http://uk.finance.yahoo.com/news/soros-says-germany-could-cause-euro-collapse-reuters_molt-540d4f38a629.html?x=0

Soros says Germany could cause euro collapse
10:43, Wednesday 23 June 2010
BERLIN (
Reuters
) - German's budget savings policy risks destroying the European project and a collapse of the euro cannot be ruled out, billionaire investor George Soros said in a newspaper interview released on Wednesday.
"German policy is a danger for Europe, it could destroy the European project," he told German weekly Die Zeit.

Nothing has been done to correct the imbalances other than providing a hopeless Greece with more debt. George S has a track record second only to Warren B when it comes to getting to grips with the bottom line so he may be worth listening to in this instance. If the Eurozone starts wobbling again it will unsettle the complacency in the world market and convince the jury that is still out that it is time to deliver its verdict on the consequences of the bursting of the biggest credit bubble since the South Sea debacle. The 300 year correction still looms.

Go lite on stocks and find your safe havens as shinola may be about to rain down again very soon.

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  • 140 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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