"I am not here to cheer you up. The situation is about as serious and difficult as i have experienced in my career" - George Soros
I'm not here to cheer you up. The situation is about as serious and difficult as i have experienced in my career." Soros tells Newsweek. "We're facing an extremely difficult time, comparable in many ways to the 1930s, the Great Depression. We're facing now a general retrenchment in the developed world, which threatens to put us in a decade of more stagnation, or worse. The best-case scenario is a deflationary environment. The worst case senario is a collapse of the financial system." As he sees it, the world faces one of the most dangerous period of modern history and the global economic system could even collapse altogether."
Soros stop betting on anything now? Why? He's holding cash?
What happen !
I'm not here to cheer you up. The situation is about as serious and difficult as i have experienced in my career." Soros tells Newsweek. "We're facing an extremely difficult time, comparable in many ways to the 1930s, the Great Depression. We're facing now a general retrenchment in the developed world, which threatens to put us in a decade of more stagnation, or worse. The best-case scenario is a deflationary environment. The worst case senario is a collapse of the financial system." As he sees it, the world faces one of the most dangerous period of modern history and the global economic system could even collapse altogether."
Soros stop betting on anything now? Why? He's holding cash?
What happen !
Everyone needs to be cheered up once in a while.
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