Monday, February 13, 2012

And his hedge fund bets against the currency

American billionaire George Soros slammed German Chancellor Angela Merkel in an interview published on Sunday, warning that her policies could lead to a repeat of the Great Depression.
"I admire Chancellor Merkel for her leadership. But unfortunately she is taking Europe in the wrong direction," the financier and philanthropist told the weekly Der Spiegel.AFP
He makes his money by betting against the currency advice he gives. His billions belong to English working people, he should give it back.

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