- Feb 6, 2011
George Soros, the billionaire investor, said Europe is adopting the same policies that led Japan into a quarter of a century of "slow death" that it is desperately trying to escape with "dangerous" new monetary expansion.
Soros: Europe faces 'slow death' Japan is trying to escape - Telegraph
Soros has been making noises during the EZ crisis of impending doom & then sometimes claming that things were getting better.
Should we bother listening to these guys who change their minds whilst the EU changes Policy- compare Cyprus to us.
Soros positive on the euro | European DialogueSoros told Reuters Financial Television the euro has been "a tremendous advantage" to countries that use it and said there was "no question of a weaker country dropping out."
The Eurozone Crisis is constantly modifying, almost as if it has designed itself "virus like" to stay 10 steps ahead of Magnates, Moghuls, Bankers & Govts.
The Doomsters have called it right in that it's worsening by way of more Bailouts & but the Euro hasn't broken up (yet)
The Pollyannas have also called it right in that the Euro hasn't broken up yet - but it's worsening via more Bailouts.
Only a forensic knowledge of Bank Levs, Sov Debt & ECB intentions could permit a correct diagnosis.
Otherwise - how can you call the result if you don't even know who is playing???