News Headline Summary
Soros says interest rates will take big leap if growth picks up
- The biggest danger is the currency war.
- The momentum is for the EUR to rise and the JPY to fall, but it will be resisted by the US. The divergence between the JPY and EUR will be aggravated, will badly affect Germany. Europe is an outlier in that it's not involved in quantitative easing.
24 Jan 2013 - 21:51
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