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This is a really interesting article from George Soros. Check it out!

How to pull Italy and Spain back from the edge | The A-List | Must-read views on today’s top news stories – FT.com – FT.com.

I remember when George Soros brought Sterling to its knees. I am not sure of the best metaphor here but “poacher turned gamekeeper” comes to mind.

As George Soros himself admits, his proposal is complicated but will work. The questions that remains unanswered are:

1. If George Soros can come up with a robust proposal to redress Spain & Italy’s precarious finances, why can’t the troyka of the ECB, EC & the IMF?
2. Is Germany creating roadblocks to effectively redressing Spain & Italy’s finances?
3. If Germany is the barrier, what needs to be done to remove the barrier?  

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