George Soros Says That Europe To Have New Recession Next Year
Posted By thestatedtruth.com on June 16, 2010
So,  how far behind is the U.S. …………Europe faces almost inevitable recession next year and years of stagnation as policymakers’ response to the euro zone crisis causes a downward spiral, billionaire U.S. investor George Soros said on Tuesday and “The commercial paper market, for instance, in America is now refusing to lend to European banks so there is even a funding crisis and the ECB (European Central Bank) has to step in and the banks are unwilling to lend to each other,” he said.
More at :http://www.reuters.com/article/idUKTRE65E5JT20100615
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