Soros sees no bottom for world financial collapse

http://news.yahoo.com/s/nm/
20090221/bs_nm/us_financial_soros

If Soros is right then the sooner all nations nationalize the main banks the better or else nothing will be left to nationalize. The worlds banks have double spent their money or more on credit default swaps. Only nationalization of main banks can bring some normality to the situation.