The Daily Mail (ht Drudge) claims that Soros, who made a billion speculating the pound 9 years ago, is planning to do the same with the euro. He has a record of profiting on currency collapses, and his shorting is thought to have accelerated the collapse of several. But when you look at the story, you wonder who is doing the threatening here:
He believes that unless the European Commission is given sweeping powers over taxation and spending, the single currency will always be vulnerable to financial turbulence in individual states.
'If member countries cannot take the next steps forward, the euro may fall apart,' he added.
Somehow I doubt that the warning arises from his natural altruism. Qui bono? He sounds like a conduit here from another group, saying “OK, we screwed things up so you'd be better off giving us even greater control.”