Raul Larios

Is the unthinkable possible? Could the euro collapse?

George Soros, Hedge Fund Manager Extraordinaire

According to retired hedge fund manager, George Soros, it’s very possible.  Don’t let the word “retired” fool you.  He may not be managing money for clients anymore, but he remains very active with his own investments, which were recently estimated by the Forbes 400 List of Wealthiest Americans to exceed $22 Billion!!  This staggering sum ranks Mr. Soros as the wealthiest (ex-) hedge fund manager in the world (the next closest is John Paulson at $15.5 Billion.  Remember him?  The one who shorted billions in sub-prime mortgages prior to the Bear Stearns and Lehman collapses).  Forbes also claims that Mr. Soros is the 7th wealthiest American.  John Paulson ranks a “mere” 17; Carl Icahn, 25.

So when someone of Soros’ caliber says that the euro is in real trouble, stand up and listen.  The repercussions could be even more severe than the Lehman bankruptcy.  Don’t believe me?  Read his most recent analysis here (http://www.nybooks.com/articles/archives/2011/oct/13/does-euro-have-future/).

And a followup interview here http://www.businessinsider.com/soros-euro-crisis-to-trigger-breakdown-meltdown-global-financial-system-2011.

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September 28, 2011 - Posted by | New York

1 Comment »

  1. Great piece, Raul. Although Paulson’s star has fallen a bit this year…

    Comment by Merry Sheils | November 17, 2011 | Reply


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