EU George Soros The Euo Crisis

SOROS: THE EU IS ON THE FINANCIAL BRINK…….

The man is evil, but the Tundra Tabloids does hope that he’s right. The EU is one of the most corrupt and anti-democratic political bodies in the West, and seeing it collapse will not cause the Tundra Tabloids to loose a minute of sleep. Most galling of all is the fact that George Soros, who made hundreds of millions of dollars in speculating against the British Pound has been betting against crisis-hit euro’ through the use of hedge funds. If it’s Soros that breaks the bank, and causes individual states to once again take up their own currency, all the better, but the guy is still evil, even if he manages to do a good thing for wrong the reason. KGS

Soros warns Europe of disintegration

The eurozone area and wider European Union is now “on the brink” of disintegration unless Germany steps up and provides loans at below-market rates to Greece, George Soros, the hedge fund manager, has warned.
However, Mr Soros added that he still hoped that Germany and others would be willing to forge a last-minute solution, since the consequence of a break-up would be so dangerous. He was speaking before an announcement on Sunday afternoon by eurozone finance ministers of the terms of a support package for Greece.
It is 50-50 whether the eurozone breaks up. The damage that break up would cause is so great, that I think that as people realise it, they will pull back from the brink,” Soros told the Financial Times in an interview. “But we are at the brink now…a solution has to be found in a matter of days.”

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