Soros: ‘the dollar is a very weak currency except all the others’

| 1 July 2009 08:18

George Soros does not see what the alternative to the dollar is right now.  Yes, the Chinese are making noises about moving away from the dollar.  But, this is a long-term strategy.  Over the short-term, the Chinese still have trillions of dollar assets. What alternatives to the dollar are there?

Video below.

avatar About Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty years of business experience. He is also a regular economic and financial commentator on BBC World News, CNBC Television, Business News Network, CBC, Fox Television and RT Television. He speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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