Billionaire investor George Soros
was on Bloomberg to discuss the European debt crisis, Spanish bailout and risks facing the global economy.
-- Thinks Spain's prime minister will avoid taking full bailout to ease country's debt crisis.
-- Germany will have to take the lead and show that it is benevolent and concerned about the welfare of other countries in addition to its own to solve this crisis.
Source and Credit: www.bloomberg.com, Bloomberg
Here is the full 18-minute video:
About the author:I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne
Track Gurus’ Stock Purchases Daily – Real Time Guru Picks
GuruFocus "Real Time Picks" reports the stock purchases and sales that Gurus have made within the prior 2 weeks. The report time lag can be as short as 3 days after the date of the transaction. This is just one of the features provided with GuruFocus Premium Membership.
Click Here to Try It Free!