German policy is a danger for Europe, it could destroy the European project
We are not saying this these are the words of billionaire investor George Soros (Hungarian-American currency speculator, stock investor, businessman, philanthropist, and political activist – he earned $1 billion in 1992 by betting against the British pound) told in a newspaper interview on wednesday that “If the Germans don’t change their policy, their exit from the currency union would be helpful for the rest of Europe,”
He also added “Right now the Germans are dragging their neighbors into deflation, which threatens a long phase of stagnation. And that leads to nationalism, social unrest and xenophobia. Democracy itself could be at risk,” he said.