Why George Soros bought Italian bonds -
George Soros explains why his fund bought 2 billion dollars of MF Global Italian bonds - and why he would buy even more. The secret sauce: Deflation. That, Soros tells Chrystia Freeland, will give Italian bonds a fantastic yield, even though it shows that financial markets aren't functioning properly.
link-
http://www.reuters.com/video/2012/01/24/reuters-tv-why-george-soros-bought-italian-bonds-fr?videoId=229085600&videoChannel=117853