Three Months to Save the Euro: George Soros writing:
"“The authorities didn’t understand the nature of the euro crisis; they thought it was a fiscal problem, while it is more of a banking problem and a problem of competitiveness. And they applied the wrong remedy: You cannot reduce the debt burden by shrinking the economy -- only by growing your way out of it,” he said. "Read the whole article here.
Hat tip to CaryGEE.
