This is a very plain blog with quotes from and links to articles I found interesting, thought-provoking, or relevant to the times. Linking is neither endorsement nor condemnation. Run by http://willslack.com
25 January, 2012
Soros is worried
George Soros on the Coming U.S. Class War - The Daily Beast: “I am not here to cheer you up. The situation is about as serious and difficult as I’ve experienced in my career,” Soros tells Newsweek. “We are facing an extremely difficult time, comparable in many ways to the 1930s, the Great Depression. We are facing now a general retrenchment in the developed world, which threatens to put us in a decade of more stagnation, or worse. The best-case scenario is a deflationary environment. The worst-case scenario is a collapse of the financial system.”