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WSJ: Legendary investor George Soros said today that the troubles Europe faces are as serious as those that caused the Soviet Union to collapse

From WSJ:

U.S. billionaire investor George Soros compared the euro-zone crisis with factors that led to the Soviet Union’s collapse in the early 1990s.

“Europe is similar to the Soviet Union in the way that the euro crisis has the potential of destroying, undermining the European Union,” he said in a debate on public policy education Tuesday. “With the profound social, economic and moral crisis that Europe is in, we can see [...]

Chavez, Ahmadinejad joke about bomb

From Reuters:

Iranian President Mahmoud Ahmadinejad and Venezuela’s Hugo Chavez lavished each other with praise on Monday, mocked U.S. disapproval and joked about having an atomic bomb at their disposal.

“Despite those arrogant people who do not wish us to be together, we will unite forever,” the Iranian president told Venezuela’s socialist leader Chavez at the start of a visit to four left-leaning Latin American nations.

Despite their geographical distance, the fiery anti-U.S. [...]

Read this: America’s Bright Future After U.S. Treasury Debt Default

http://www.marketoracle.co.uk/Article23493.html

This is utopia. It will never happen. Why not? Because lenders always return to the scene of the crime. “This time, it’s different.” European kings defaulted for centuries, over and over. The suckers just kept coming back. Latin American nations have repeatedly defaulted since about 1810. The lenders always come back.

So, politicians know that a default is not going to close off the flow [...]

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WSJ: Legendary investor George Soros said today that the troubles Europe faces are as serious as those that caused the Soviet Union to collapse

Chavez, Ahmadinejad joke about bomb

Read this: America’s Bright Future After U.S. Treasury Debt Default

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