[lbo-talk] let's all pray for a depression

Doug Henwood dhenwood at panix.com
Thu Jan 24 04:16:41 PST 2008


On Jan 23, 2008, at 11:42 PM, Patrick Bond wrote:


> I see Soros has taken up the thread in the FT a couple of days ago,
> with
> this comment in the same spirit as Chuck and myself: "So, the current
> financial crisis is less likely to cause a global recession than a
> radical realignment of the global economy, with a relative decline of
> the US and the rise of China and other countries in the developing
> world."

Soros must be short the dollar.

Doug



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