Friday, 27 March 2009

Soros warns the world and Brown

The Times carries an interview tomorrow with the financier George Soros who famously broke the Bank of England and made $1b during the Black Wednesday crisis in 1992.

Soros offers a warning both to Britain and the world.

For Britain,he says that there is a possibilty that we may have to go begging to the IMF for funds.

For the world,the warning is of the dangers of failure at the G20

next week's G20 summit in London was the last chance to avert a full-scale depression that could prove worse than that in the 1930s.

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