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Soros and Economist on the dangers of Greece leaving the euro November 5, 2011

Posted by proeconomia in Fiscal policy, Main, News on Greece, On the crisis, Opinion.

Here are two interesting links, a (part of a) video with George Soros from Reuters and an article from the Economist – the latter was kindly sent by Timotheos Angelidis.

An important part of George Soros’ discussion is this: that those who would like and probably support a support to a national currency is those that own a lot of back taxes (hey, tax evasion again!). Coming from an ardent capitalist, this is a devastating statement. Its worth listening to the whole discussion from this video.



1. Task Force Urges Greece to Improve Tax Collection « Proeconomia - December 15, 2011

[…] that’s right: only 13.3% of the total arrears is collectible! Yeap, its our own fault and do have a second look at our earlier post on what George Soros has to say. Then, connect the dots with the scare-mongers/euro-bashers/return-to-drachma-lovers that float […]

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