STAFF NEWS & ANALYSIS
Brexit Is Justifying Aggressive EU Banking and Political Centralization
By Daily Bell Staff – July 01, 2016
German orthodoxy stands on the way of Eurozone recovery argues the billionaire … 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. European thing
George Soros has been launching broadsides against Brexit during the past week, and this one, above, seems to be in line with the rest, but even broader.
Soros brands Brexit as a “trigger” for an upcoming crisis that includes deflationary trends. The article doesn’t describe the deflationary trends, but what Soros is talking about is the lack of progress central banks are having in stimulating economies via monetary debasement.
Soros is not alone, of course. Brexit has been condemned throughout Europe, with many top politicians and