George Soros lays out his solution the eurozone crisis at Davos
Legendary investor George Soros arrived in Davos with his own comprehensive solution to the European debt crisis. He spoke with Erik Schatzker on Bloomberg Television’s ‘InsideTrack’ and spent the whole conference lobbying for his plan.…
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IMF chief not ‘terribly positive’ about Greek debt outlook
International Monetary Fund Managing Director Christine Lagarde discusses Greece’s progress on structural overhauls and the role of the IMF in avoiding a default.
She admitted to being not ‘terribly positive’ about the outlook, and spoke…
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How long can the Fed pump up the US bond bubble? Time to shift into hard assets?
The most obvious bubble in the global financial system is the US bond market and by far the biggest today. Holding interest rates until late 2014 as the Fed announced yesterday should hold it stable…
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Soros tells Davos forum eurozone and Iranian crises bad news for the Arab Spring
Billionaire investor and philanthropist George Soros has warned that the eurozone economic crisis poses a ‘big danger’ to the direction of the Arab Spring protests, revolutions and civil wars that started suddenly a year ago…
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Beware the positive spin on negative news for financial markets
Wall Street’s spin factory is working overtime as we get into the New Year. The slowdown in the Chinese economy is good news for new stimulus money. Greece is a small problem. Hungary is tiny.…
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Is this the week that financial markets lose their sangfroid and sink?
Perhaps volumes in global financial market will step up this week with the eurozone back on the brink of armageddon again. The problem is that rather like the little boy who cried fire. Nobody is…
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Cracks are already showing in global financial markets
It does not take much to see beneath the thin charade of the New Year rally to see ominous signs of far more difficult days to come, with a banking crisis in the eurozone the…
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How much longer will the US dollar be the global reserve currency?
To replace the US dollar as the global reserve currency there has to be a credible alternative. At the moment no contender exists with the barely a decade-old euro showing signs of falling apart rather…
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Eurozone crisis ‘more dangerous’ than 2008 warns George Soros
George Soros, the multi-billionaire hedge fund manager who broke the Bank of England in the early 90s is warning that the current eurozone sovereign debt crisis is ‘more dangerous’ than the crisis of late 2008…
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Goldman, UBS predict 20-50% gain for gold price in 2012, what about silver?
Gold looks to be amongst the top performing major asset classes again in 2012 if US banking giant Goldman Sachs and the most accurate forecaster of precious metals for the past two years UBS are…
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