George Soros and Bank of America Merrill Lynch appear to have a significant difference of opinion regarding Greece. One analyst, a hedge fund legend best known for “bringing down” the Bank of England, looks at the dispute from the perspective of the Greek people and knows that compounding debt and government-imposed hardship likely will not last. The other looks at the situation from a financial engineering standpoint, safe and secure in the knowledge that such economic hardships will not likely touch their relatively individually charmed economic life. One analyst is likely the more realistic.
Soros: “Greece still a problem”
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