Billionaire George Soros, perhaps the single largest campaign contributor to the Democratic Party in the U.S. was heard bashing German fiscal policy in a speech in Berlin. Lately, German Prime Minister Angela Merkel, after sticking her political neck out for the rest of Europe, has been calling on various nations in the Euro Zone to get their fiscal houses in order. Soros finds fault with Merkel, saying the German policy of fiscal responsibility could lead to deflation. Soros called on Germany, which has already backstopped billions in loans to its reckless neighbors to stop being so selfish. Read the story here:
George Soros Lectures Germany
Posted by
Jim Spence
on Thursday, June 24, 2010
Labels:
International News
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