Monday, April 7, 2008

Why Does a Billionaire Financial Speculator Support Barak Obama?

Here's a three-part video clip of an interview on FT that will answer the question. You will have to wait until the last third to get the answer to the teaser question. But watching the first two thirds will give you George Soros' view of the current global financial problems. Simply put he is pessimistic. He notes that while the worst of the financial crunch is over, the repercussions in the broader economy are "yet to come".

The interview is well worth watching.

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