Thursday, June 30, 2016

Soros: Can trigger a new financial crisis – Business World


     The investor George Soros. Photo: Lise Åserud / TT
     

The renowned American investor George Soros warns of catastrophic consequences in the class with the financial crisis in 2008 after the British people decided to leave the EU, writes Digital Look.

“the sequence of events has occurred in slow motion, but Brexit will accelerate it. most likely they deflationary trends will be strengthened,” he said Thursday at the European Parliament in Brussels.

“We know what must be done, but unfortunately, so are the political and ideological differences in the way the euro zone, “he says, and stresses the importance of a budget for the entire euro zone, which seems counter-cyclical.

the recovery in the euro zone since the 2008 financial crisis has not gone as fast as other places because of the restrictive fiscal policy, according to George Soros

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