Tuesday, April 07, 2009


Soros says U.S. faces lasting slowdown | Reuters:

"'What we have created now is a situation where the banks who will be able to earn their way out of a hole, but by doing that, they are going to weigh on the economy.

'Instead of stimulating the economy, they will draw the lifeblood, so to speak, of profits away from the real economy in order to keep themselves alive.'"


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