Markets do not correct their own excesses. Either there is too much demand or too little. This is what the economist John Maynard Keynes explained to the world, except that he is not listened to by some people in Germany. But Keynes explained it very well — when there is a deficiency of demand, you have to use public policy to stimulate the economy. 
In the rest of the interview, I think he says that Germany should bailout the Euro Zone, but as is usually the case with Keynsians, it isn’t completely clear.
“George Soros cannot be trusted with anything he says. He is a calculating liar, and not nearly as smart as people credit him.” James Simpson