BUSINESS

U.S. Economy Has Hit Bottom: George Soros

09/11/2009 05:12 am ET | Updated May 25, 2011

conomy has hit bottom and the current quarter will see positive growth due to the government's stimulus spending, billionaire financier George Soros said on Tuesday.

"I think it (the stimulus) has made a difference, the economy has actually bottomed and I think we are facing a positive quarter, and I think that is largely due to the stimulus," he said in an interview with Reuters Television in New York.

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