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When inquired about the financial crisis, all European leaders had to say was; “Blame it on Wall Street hedge funds, it is their fault”.
The argument states that investors made a few slippery bets on Greek debt, things didn’t go as expected and...
Thursday 6th May, the New York Stock Exchange plummets 1,000 points; a historical first. By the Monday it recovers and a further 400 points are added. Spikes in graphs don’t get any sharper. In four days $3.7 trillion has disappeared into a black hole....
George Soros recently claimed the euro may not survive and be in danger of total collapse, given the sovereign risk threat from Greece and the growing debt burden of other member states.
Soros declared that gold is a bubble at the World Economic Forum...