Soros sees “serious" economic correction

十一月 7, 2007 at 06:49 | 張貼於China, Economy, USA | 發表留言

We have borrowed an awful lot of money and now the bill is coming to us," he said during a lecture at the New York University, also adding that the war on terror “has thrown America out of the rails." Asked whether a recession was inevitable, Soros said: “I think we are definitely in for a slowdown that I think will be a bigger slowdown than (Fed Chairman Ben) Bernanke is seeing."

Last week, investment guru Jim Rogers, who co-founded the Quantum Fund with Soros in the 1970s, recommended selling the dollar as well as U.S. investment banks and U.S. housing stocks.

Soros said that, for now, China is the ‘absolute winner" in economic terms, and will continue to see its economy soaring during the next few years.

“Now it is going through this fantastic transformation but in 10 years time I think you may well have a financial crisis in China," he said.


發表迴響 »

RSS feed for comments on this post. TrackBack URI


在下方填入你的資料或按右方圖示以社群網站登入: Logo

您的留言將使用 帳號。 登出 /  變更 )

Google+ photo

您的留言將使用 Google+ 帳號。 登出 /  變更 )

Twitter picture

您的留言將使用 Twitter 帳號。 登出 /  變更 )


您的留言將使用 Facebook 帳號。 登出 /  變更 )


連結到 %s

在 建立免費網站或網誌.
Entries留言 feeds.

%d 位部落客按了讚: