Wednesday, October 12, 2011

Euro crisis could ‘destroy’ financial system, George Soros warns

Soros, others issue warning
About 100 leading figures in Europe, including George Soros, are urging governments to take steps to ease the raging debt crisis, warning the troubles in the euro zone could blow up the financial system.
"The euro is far from perfect," the group wrote in an open letter in a German newspaper, according to Agence France Presse.
"The current crisis has shown that. But as a reaction that, we need to revise the weaknesses in its make-up rather than allow the crisis to undermine, even destroy, the world's financial system."

1 comment:

  1. HAHAHAHA, when the talking heads start spewing dire prophecies...IT IS ALREADY TOO LATE. Got preps? Pray for the best, prepare for the worst.