Billionaire and philanthropist George Soros told the European Parliament on Thursday that Brexit “unleashed” a financial crisis akin to the 2007-2008 Lehman Brothers meltdown.
Soros described Brexit as a “trigger” rather than a cause iof an unfolding crisis characterized by “… deflationary trends that were already prevalent.” With a weak banking sector, Soros predicts financial market turbulence and further tests to the integrity of the Eurozone.
Aiming specifically at “restrictive fiscal...
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