An Unofficial Tracking Blog of World Famous Financial Gurus.
This blog tracks famous financial gurus' market commentary, investment ideas, video interviews and media appearances.
Disclaimers: The information on this blog provided is for informational purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose. You should not make any decision, financial investments, trading or otherwise, based on any of the information presented on this blog without undertaking independent due diligence and consultation with a professional broker or competent financial adviser. You understand that you are using any and all Information available on or through this blog at your own risk.
19:10
The crisis has transformed the EU from the “fantastic object” that inspired enthusiasm into something radically different. What was meant to be a voluntary association of equal states that sacrificed part of their sovereignty for the common good – the embodiment of the principles of an open society – has now been transformed by the euro crisis into a relationship between creditor and debtor countries that is neither voluntary nor equal. Indeed, the euro could destroy the EU altogether.
15:41
The hedge fund manager George Soros wrote in an article published in Economia that it has become a critical issue facing the world as to how China will cope with tension between its continual fast-growing economy and the rising burden of major debts, and China's future direction will become the major uncertainty of the global economy.
