Wednesday, June 23, 2010

George Soros sees fall of financial system ‘as we know it’ - The Globe and Mail

George Soros sees fall of financial system ‘as we know it’ - The Globe and Mail: "Soros sees Act II
Renowned investor George Soros says Europe’s financial troubles means the world has “just entered Act II” of the financial crisis. “The collapse of the financial system as we know it is real, and the crisis is far from over,” Mr. Soros told a conference in Vienna. 'Indeed, we have just entered Act II of the drama, when financial markets started losing confidence in the credibility of sovereign debt. Greece and the euro have taken center stage, but the effects are liable to be felt worldwide.“"


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