George Soros: Europe Faces 25 Year Japanese-Esque Stagnation – ValueWalk Premium

George Soros: Europe Faces 25 Year Japanese-Esque Stagnation

Billionaire investor George Soros discusses the crisis in Ukraine and Europe with Bloomberg Television's Francine Lacqua and said, Europe faces 25 years of Japanese-style stagnation unless politicians pursue further integration of the currency bloc and change policies that have discouraged banks from lending, "[Europe] may not survive 25 years of stagnation. You have to go further with the integration. You have to solve the banking problem, because Europe is lagging behind the rest . . .

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