September 19, 2012

Why George Soros Is Wrong About the EU

George Jonas, National Post

AP Photo

George Soros is a financial wizard, and I’m only an ink-stained wretch. I probably haven’t made as much money in my entire life as Soros pays his accountants each year just to figure out how much money he has made the previous 12 months. It seems ludicrous that I could have told the multi-billionaire speculator-philanthropist anything about political economy that he didn’t know, yet I could have told him years ago that Europe isn’t likely to work.

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TAGGED: European Union, EU, Europe, Eurozone, George Soros


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George Soros, NY Review of Books
The policies pursued under German leadership will likely hold the euro together for an indefinite period, but not forever. The permanent division of the European Union into creditor and debtor countries with the creditors... more ››
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In my judgment, the best course of action is to persuade Germany to choose between either leading the creation of a political union with genuine burden-sharing, or leaving the euro. more ››
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Mr. Mario Draghi, president of the European Central Bank (ECB), has made the boldest move yet to halt the economic crisis that threatens the solvency of European governments, the future of the euro and the very dream of a... more ››
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