Soros: ‘Superboom’ Is Over
Apr 1st, 2008 | By Contrarian Profits | Category: Featured, Financial News, Politics & EconomicsThe end of the “superboom” in asset prices has finally arrived, says billionaire investor George Soros.
According to a report in The Daily Telegraph, “Speaking on a BBC documentary, Mr Soros said that at the heart of the financial crisis was the culmination of a 60-year-old boom in leverage, the result of which will be a far deeper downturn than many expect.”