George Soros: The Global Financial System is in a ‘Self-Reinforcing Process of Disintegration’

Simone Foxman Business Insider 12/1/2011

Image: Wikimedia Commons

 

Investor George Soros foretold doom in a recent speech in front of the International Senior Lawyers Project, according to the WSJ.

The financial system is collapsing, and the developed world is fast falling into a “deflationary debt trap.”

“The consequences could be quite disastrous,” […]

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