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IPFS News Link • Economy - International

Soros: Global subprime losses likely above $1 trillion

4-9-08 • Guardian.co.uk

Soros said global financial markets are in a period of rapid, massive deleveraging that will keep them volatile. "We are in a period of financial wealth destruction ... and now we have deleveraging,"

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Soros: Global subprime losses likely above $1 trillion

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