'There will be riots on streets of America': George Soros predicts class war in U.S. as euro triggers collapse of global economy

From The Daily Mail UK: http://www.dailymail.co.uk/news/article-2091190/George-Soros-predicts-U-S-riots-insists-Euro-saved-global-economy-collapse.html

• Billionaire New York investor warns of impending economic meltdown
• Backs euro and buys Italian bonds from Jon Corzine's failed MF Global
• Warns it's 'difficult to know right decisions to make' after boom years
• Supports Occupy Wall Street, Democrats and Obama re-election efforts

By Mark Duell
25th January 2012

Billionaire investor George Soros has warned the global economic system could collapse and riots on the streets of America are on the way.

The 81-year-old said he’d rather survive than stay rich as the world faces an ‘evil’ period and Europe fights a ‘descent into chaos and conflict’.

He has backed the euro, bought $2billion in European bonds and insisted the economic climate is similar to the 1930s Great Depression.

‘The euro must survive because the alternative - a breakup - would cause a meltdown that Europe, the world, can’t afford,’ he told Newsweek.

‘The situation is about as serious and difficult as I’ve experienced in my career. We are facing now a general retrenchment in the developed world.’

Read more: http://www.dailymail.co.uk/news/article-2091190/George-Soros-predicts-U-S-riots-insists-Euro-saved-global-economy-collapse.html