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Friday, 6 January 2012

Soros says EU break-up would be catastrophic: report

A collapse of the euro and break-up of the European Union would have catastrophic consequences for the global financial system, billionaire investor George Soros was quoted as saying.

"Today, the euro is potentially endangering the political cohesion of the European Union."

Wow, I think this guy is ready to take the profit from his bet against the Euro, and turn the ship around.

It is funny that half of those quotes is taken from an obscure Indian paper,- that where Soros is sitting right now and fewereshly spending his monies.

The moment is right, Bloomberg just reported that investors withdraw their funds from BRIC's- about time, suckers!- daddy take it all!

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