Thursday, August 11, 2011

George Soros On The Euro and Germany's Importance to Solution

link here to article

George Soros has built his fortune by understanding how currency markets work. He describes the response in Europe to the current crisis and he argues that more needs to be done. He argues that Germany really has no other choice but to assume the leadership role needed to produce a viable solution that will salvage the euro. He understands, however, that this will not be easy in the current political environment within Germany. There is not a lot of popular support for bailing out the countries that have are believed to have brought their problems onto themselves.

No comments:

Post a Comment