US Economic Recovery Is ‘Temporary,’ George Soros Says

Thursday, 27 Jan 2011 06:59 AM

 

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Economic recovery in the U.S. is “temporary,” billionaire investor George Soros said.

“We are destined for ‘stop, go’” recovery in the U.S., Soros said in a Bloomberg television interview today at the World Economic Forum meeting in Davos, Switzerland. Interest rates in the U.S. will rise and that will hurt growth, he added.

 

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