Saturday, January 7, 2012

Euro is dying. The decline has begun


George Soros was quoted as saying in the south Indian city of Hyderabad yesterday (Friday)

"A collapse of the Euro and break-up of the European Union would have catastrophic consequences for the global financial system".

"The crisis is more serious and more threatening than the crash of 2008".

"Unfortunately, they haven't yet solved the acute financial crisis and that is causing the situation to deteriorate and it is not at all clear it will have a solution".

A pessimistic article on Euro, click " The decline has begun" to read.



A song from Nana Mouskouri that I can listen again and again and again.






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