Soros: EU on verge of economic collapse; some countries will have to exit the Euro

Monday, June 27th 2011 - 15:00 UTC

Full article 5 comments

US/UK Hungarian born billionaire investor George Soros says a country will eventually exit the Euro zone and urged policymakers on Sunday to come up with a “plan B” that could rescue the European Union from looming economic collapse. Read full article

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ElaineB
He is kind of stating the bleedin' obvious. Greece has to stop dithering and make a decision. JMO
Jun 27th, 2011 - 04:29 pm - Link - Report abuse 0
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Tte Estevez
The Euro and the Eu,is a stupidity,from the beginning...You do not need to be a genius to see that....
Jun 27th, 2011 - 11:13 pm - Link - Report abuse 0
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Redhoyt
It doesn't really matter if Greece jumps or is pushed, what dies is the political aspiration of a federal Europe nurtured by France and Germany. I look forward to that wake !

SiEster - so MercoSur weren't planning something similar?
Jun 28th, 2011 - 01:28 am - Link - Report abuse 0
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Martin_Fierro_AR
Europe is so pathetic, so old... so depleted, your delusions of grandeur are just as fictitious as the chronicles of narnia.

You're done Europe. DONE.
Jun 28th, 2011 - 08:01 am - Link - Report abuse 0
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Pedro
@4 - Yes Europe is in trouble. Like Argentina was not so long ago and will be again. Your exitement about that is misplaced, shortsighted and stupid. Europe is one of South Americas biggest markets. China's economy is showing signs of weakening and with Europe in trouble Chinas economy will shrink. Defaults by Greece, Portugal etc will hit China badly as the money borrowed is from them. Do you seriously think it wont affect you very badly? Who will buy your produce?
Jun 29th, 2011 - 08:09 am - Link - Report abuse 0
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