Europe crisis more dangerous than 2008: Soros

Tuesday, 10 January 2012 00:34 - - {{hitsCtrl.values.hits}}

Reuters: The debt crisis in Europe is more dangerous than the global financial turmoil in 2008, billionaire investor George Soros said on Monday.

Soros, who made investment history by earning $1 billion with a bet against the British pound two decades ago, said the prospect of a “deflationary vicious cycle” could affect the real economy.

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