Why the Eurozone Recession Is Important for America

gloriasimmon
By gloriasimmon on Thu, May 2, 2013 - 2:25am

Read More : http://www.investmentcontrarians.com/debt-crisis/why-the-eurozone-recession-is-important-for-america/1942/

George Soros knows a thing or two about making money from big bets. In 1992, Soros made a $10.00 short wager on the British pound and walked away with a billion dollars in profits.

Soros is now convinced Germany needs to rethink its strategy toward the sustainability of the eurozone and, in a draconian manner, believes the country should leave the euro.

Of course, should this happen, the 17-country eurozone would collapse, triggering a massive economic Armageddon and financial crisis in Europe that would ultimately generate chaos for the global economy.

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