Kyle Bass On ¥1 Quadrillion in Debt: The Japanese Zone of Insolvency-They’re Finished!
http://silverdoctors.com/kyle-bass-on-%C2%A51-quadrillion-in-debt-the-japanese-zone-of-insolvency-theyre-finished/
George Soros Warns "Central Banks Are Creating Financial Instability"
"Europe is entering a situation that Japan is desperate to escape from," as "Japan has just abandoned - after 25 years of stagnation - a process that Germany is just in the process of imposing on Europe." But perhaps his clearest concern in this brief clip is that no matter what we are told, the central banks' actions are 'creating' increasing financial instability because, "let's face it, quantitative easing is really and directly competitive devaluation."
http://www.zerohedge.com/news/2013-04-05/george-soros-warns-central-banks-are-creating
-financial-instability
Friday, 5 April 2013
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