WSJ: Soros Says World Economy Facing 'Vicious' Deflationary Cycle
http://online.wsj.com/article/SB10001424052970204257504577150403662707094.html?mod=rss_economy ASIA BUSINESS JANUARY 9, 2012, 7:54 A.M. ET. Soros Says World Economy Facing 'Vicious' Deflationary Cycle By RUMMAN AHMED And SUDEEP JAIN BANGALORE – George Soros, the billionaire U.S. investor, said Monday the global economy is facing a "vicious" deflationary cycle as members of the euro zone cut back sharply on spending to bring their budget deficits under control, crimping demand and squeezing prices.