Think Soros Is Right? Traders Chase 76% Returns Shorting Europe

(Bloomberg) George Soros says the euro area is in “existential danger” — and the world’s biggest banks are flogging a flurry of products to parlay his warning into tantalizing returns. Investors spooked by the record sell-off in Italian government bonds can pounce on structured securities to short the single currency or place more-modest bets that the economic recovery is on thin ice. And it can often be done for as little as a few dollars apiece.

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