Weaker Germany

Without policies to boost growth, which would enable governments to raise revenue to pay down debt, Mr Soros said time was running out for the euro.

"I expect the Greek public will be sufficiently frightened by the prospect of expulsion from the EU that it will give a narrow majority of seats to a coalition that is ready to abide by the current [bailout] agreement," he said.

However, this would provide only temporary respite, he warned, as the German public becomes less willing to continue bailing out its weaker European neighbours.

"The crisis is likely to come to a climax in the [autumn]. By that time, the German economy will also be weakening, so that Chancellor Merkel will find it even more difficult than today to persuade the German public to accept any additional European responsibilities.

"That is what creates a three-month window."

Does he make more $ billions if they follow his advice or if they reject it?

anymore, but I could be wrong.

He is in fact a dyed-in-the-wool member of the 1%.

and one of Obama's biggest supporters though now he is to the left of Obama

and his friends and family.

contradictions, true.

...which may be the problem all along, in that real growth becomes more difficult the larger the "human economy" gets, on planet of limited size and resources.

Throw in climate change as a disruptor to even maintaining what we have, and then - thinking toward the future - it begins to look like not growing would be a better strategy in the long-term.

in other ways it's worse since it gives an excuse to loosen pollution controls, etc.

What choice do we have other than to grow at this point? Later I can see the point of curtailing growth but to have it sputter to quickly leads to unwinding of the world's economy

Renewable resources like solar and wind and infrastructure improvements. We have a limited window of opportunity to make investments in these areas before our resources run out. The era of unlimited growth is over.