Three Steps To Avoid A Global Depression: Soros

Reuters: Top News, Reuters
Fri, 09/30/2011 - 6:24am

Three steps to avoid a global depression: Soros

LONDON (Reuters) - Policymakers have lost control of the economic crisis and financial markets are forcing the world into a depression, George Soros said on Friday, urging Europe to create a common Treasury, recapitalize its banks and protect vulnerable states.

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