---------- Forwarded message ----------
Date: Tue, 28 Oct 1997 02:43:25 -0500
From: Das GOAT <[EMAIL PROTECTED]>
Reply-To: Conspiracy Theory Research List <[EMAIL PROTECTED]>
To: [EMAIL PROTECTED]
Subject: In July, Soros Predicted Crash
Tuesday, July 8 1997
SOROS EXPECTS WORLD STOCK MARKETS TO CRASH
(Bonn, July 7): Billionaire US financier George Soros
fears that the world stock markets' current bull run will be
followed by a massive crash, he told the German weekly Focus.
Soros said he feared "panic by inexperienced stock market
investors," the magazine reported.
"Lots of new investors have little experience of stock
markets. If these inexperienced investors are all seized by panic
and quit the market together, there will be a crash," he said.
Soros also said he feared conflict between France and
Germany over the French government's demand that jobs be Europe's
number one priority, could delay the start of the single European
currency.
"A conflict is on its way and it could lead to a delay in
the start of the euro," he said.
Soros is renowned as having contributed to the withdrawal of
the pound sterling from the European monetary system in 1992 by
betting against the Bank of England.
Copyright (c) 1997 Indian Express Newspapers (Bombay) Ltd.
