Davos: George Soros warns of double-dip recession

• Financier says political resistance to more economic stimulus risks return to recession • Soros says Obama bank reforms do not go far enough and calls for global supervision The speculator and philanthropist George Soros warned today that growing political resistance to fresh state borrowing risks pushing the global economy into a double-dip recession next year. Soros said at the World Economic Forum in Davos that the recovery from the worst recession since the second world war was "incomplete"...

whole article   guardian.co.uk,     business
  27.01.2010. 15:48h

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