Posted on 06/28/2011 5:07:06 AM PDT by TigerLikesRooster
Soros Warns of “Economic Collapse,” Nations Leaving Euro
Monday, June 27, 2011, 1:21pm EDT Written by GoldAlert Staff.
nations leaving euro
George Soros warned of an international economic collapse and several nations leaving the euro currency at a panel discussion in Vienna, Austria this past weekend.
Soros, the legendary investor who ran the Quantum Fund with Jim Rogers, stated that “There’s no arrangement for any countries leaving the euro, which in current circumstances is probably inevitable. We are on the verge of an economic collapse which starts, let’s say, in Greece, but it could easily spread. The financial system remains extremely vulnerable,” according to a Bloomberg report.
“I think most of us actually agree that” Europe’s crisis “is actually centered around the euro,” Soros continued. “It’s a kind of financial crisis that is really developing. It’s foreseen. Most people realize it. It’s still developing. The authorities are actually engaged in buying time. And yet time is working against them.”
(Excerpt) Read more at goldalert.com ...
The rioting, looting, and burning will be used as proof that a stronger leader is needed.
Look for the words “emergency measures” to herald in the new era of tyranny.
The “crisis” isn’t “centered around the euro” or the dollar. It was caused by political correctness, and it’s a long way from done. Have fun. Enjoy the slide.
Rahm Emanuel's words, "Don't let a good crisis go to waste."
yitbos
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