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Billionaire investor George Soros says ''we have just entered Act II'' of the crisis as Europe’s fiscal woes worsen and governments are pressured to curb budget deficits that may push the global economy back into recession.
''The collapse of the financial system as we know it is real, and the crisis is far from over,'' Mr Soros said at a conference in Vienna. ''Indeed, we have just entered Act II of the drama.''
Member Submitted News
Medicare & Social Security still on track to go bankrupt. We must save them & solve our spending & debt problems.alexmark
Argentine Gov’t does not regret decision to reveal travel details of Israeli journalist who fled the countrycandc
The Global Economy Is In Danger From A Spiral Of Deflation And Currency Wars. Russia And Netherlands Central Banks Buy 30.34 Tonnes Gold- DNB Quickly Denies!alexmark
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