No more sugar-coating for George Soros, who says the global financial system is in a...

|By:, SA News Editor

No more sugar-coating for George Soros, who says the global financial system is in a "self-reinforcing process of disintegration" with "consequences that could be quite disastrous. You have to do what you can to stop it developing in that direction." He's optimistic on the Middle East and Africa though, seeing them escaping the "deflationary debt trap the developed world is falling into."