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Billionaire Soros tells EU leaders they have a “three month window” to save the Euro

Wednesday, June 6th 2012 - 21:42 UTC
Full article 8 comments

Billionaire investor George Soros has warned European leaders they have a “three-month window” to save the Euro and insisted that the EU leaders did not understand “the nature of the crisis”. Read full article

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  • willi1

    always the same scrap:
    :”“You cannot reduce the debt burden by shrinking the economy, only by growing your way out of it,” he added.:

    Growing the economy means having profitable projects which create money. And the state must collect tax from the earnings.
    Only to build streets and bridges and plants with fresh loans in the nowhere is contraproductive. the mobile phone company Nokia is one of the most terrible examples of investments in the nowhere: once they have consumed the public subsidies and must pay normal tax and salaries they flee the country and settle in the next cheaper one. and the community sits on its loans and unemployed workers.

    Soros is only interested in the growing of his own money which he has invested in companies like Nokia.

    Jun 07th, 2012 - 07:50 am - Link - Report abuse 0
  • Ozgood

    willi1 (#)

    George Soros is not really a philanthropist.

    The new French president seems to have the same idea idea as Soros.

    Jun 07th, 2012 - 09:22 am - Link - Report abuse 0
  • ChrisR

    But you would think with all his money he could look happier than this.

    Jun 07th, 2012 - 02:57 pm - Link - Report abuse 0
  • Ozgood

    ChrisR (#)

    The saying goes “Money does not buy happiness but you will suffer in comfort!”

    Soros may well be suffering in extreme comfort.

    Jun 07th, 2012 - 03:10 pm - Link - Report abuse 0
  • ChrisR

    4 Ozgood

    One can only hope.

    Jun 07th, 2012 - 06:52 pm - Link - Report abuse 0
  • Max

    G.Soros understood the nature of crisis in US.

    Jun 07th, 2012 - 06:53 pm - Link - Report abuse 0
  • Ozgood

    Yes, Max, but the government would not listen to him.

    He wrote a book on the bubble of North American supremacy.

    Jun 08th, 2012 - 12:43 am - Link - Report abuse 0
  • drlazin

    Soros' predictions are as true as rain. He is a vampire, blood sucker, a false 'statesman”, an opportunist. Actually an imbecil!

    Jun 12th, 2012 - 06:32 am - Link - Report abuse 0

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