Wednesday, January 23, 2008

George Soros on why the U.S. economy is at a 60-year low

Soros claims that "The current crisis is the culmination of a super-boom that has lasted for more than 60 years." and that the "current financial crisis is less likely to cause a global recession than a radical realignment of the global economy, with a relative decline of the US and the rise of China and other countries in the developing world."

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