Soros Says Brexit Has ‘Unleashed’ a Financial-Markets Crisis

Soros: Brexit Has Unleashed A Crisis in Financial Markets

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Britain’s decision to leave the European Union has “unleashed” a crisis in financial markets similar to the global financial crisis of 2007 and 2008, George Soros told the European Parliament in Brussels.

“This has been unfolding in slow motion, but Brexit will accelerate it. It is likely to reinforce the deflationary trends that were already prevalent,” the billionaire investor said on Thursday.