http://www.thenewamerican.com/economy-mainmenu-44/10644-george-soros-talks-of-economic-collapse-in-the-west
In a recent interview with Newsweek, George Soros basically said that an economic collapse of the West IS inevitable. At best, there would be a massive deflationary period comparable to the Great Depression, but at worst a complete collapse of Western economics as we know it could also occur. He said these things almost gleefully, and warned of a very possible era of "evil" as governments in the West clamp down on its citizens in the wake of riots and civil upheaval.
Soros and other top advisors have long been calling for what they label a 'New
World Order" and complete with global currency managed by the IMF. In late 2010, while accepting his "Globalist of the Year" award, he actually touted the mass murdering communist dictatorship ruling mainland China as a leader for the new order he envisions.
So are there any apologies from all you Soros lovers out there who ranted on Glenn Beck for basically saying the same things, only not saying them gleefully and salivating at the mouth for a New World Order and praising the communist dicatorship in the same breath? No? I thought not. 😛
26 Jan 12
Originally posted by whodeyI couldn't access your site, but did get this:
What was I thinking? All we need to do is reelect George's buddy Obamer and all will be well with the world!!
http://www.thedailybeast.com/newsweek/2012/01/22/george-soros-on-the-coming-u-s-class-war.html
I've read a bit on Soros over the years, and this seems reasonably balanced; the "almost gleefully" comment is, of course, pure editorializing.
26 Jan 12
Originally posted by vistesdIf you have followed Soros over the years then you would know that he has a habit of throwing his money and influence around to try and effect political change. I think he, and other globalists like him, see the economic collapse as catalyst for that globalist utopia they dream of.
I couldn't access your site, but did get this:
http://www.thedailybeast.com/newsweek/2012/01/22/george-soros-on-the-coming-u-s-class-war.html
I've read a bit on Soros over the years, and this seems reasonably balanced; the "almost gleefully" comment is, of course, pure editorializing.
As fpr Soros saying that the end is near, what say you? We all inow that Soros is well connected and knowledgable, wouldn't you agree that odds are he is right?
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26 Jan 12
Originally posted by whodeyJust relax the Koch brothers have everything covered. All the dung is stacked up just waiting to shovel down your gullet. Open wide!
If you have followed Soros over the years then you would know that he has a habit of throwing his money and influence around to try and effect political change. I think he, and other globalists like him, see the economic collapse as catalyst for that globalist utopia they dream of.
As fpr Soros saying that the end is near, what say you? We all inow that Soros is well connected and knowledgable, wouldn't you agree that odds are he is right?
26 Jan 12
Originally posted by whodeyIf you have followed Soros over the years then you would know that he has a habit of throwing his money and influence around to try and effect political change.
If you have followed Soros over the years then you would know that he has a habit of throwing his money and influence around to try and effect political change. I think he, and other globalists like him, see the economic collapse as catalyst for that globalist utopia they dream of.
As fpr Soros saying that the end is near, what say you? We all inow that Soros is well connected and knowledgable, wouldn't you agree that odds are he is right?
Well, he’s hardly alone, or perhaps even exceptional, among wealthy individuals on that score. Conservatives seemed generally fine with Soros’ Open Society foundations as long as he promoted the philosophy overseas (e.g., in the Soviet bloc countries).
I think he, and other globalists like him, see the economic collapse as catalyst for that globalist utopia they dream of.
I don’t think so (though I would agree to putting him in the globalist camp); at least I would say that wishing for such a collapse would run counter to his philosophy. That is generally why he issues warnings, based on his analysis (which is not always correct, bright as he is).
Also, globalists are not necessarily utopians (though some may be): the push by most capitalists for greater globalization (in terms of regulations, access to markets, currency stability, capital movement generally) is likely seen in terms of business pragmatism. Economists with strong belief in “free market” may see more globalism as facilitating “free trade”. Old-school political Marxists would favor globalization of the proletariat. Etc., etc. Movements toward economic globalization are not necessarily the same thing as movements toward political globalization (witness the tension between questions of economic union and political union in the EU). So I think that it’s too easy to speak of “globalism” in simplistic ways.
As fpr Soros saying that the end is near, what say you? We all inow that Soros is well connected and knowledgable, wouldn't you agree that odds are he is right?
No. That does not mean that there may not be major economic dislocations (e.g., if the Eurozone collapses), and considerable political disruptions (e.g., in reaction to what might be viewed as externally imposed austerity, say in Greece, as well as “Arab Spring” type movements)—but I think these latter are, in the end, more likely to remain national, not global, in nature. Multilateral alliances are not the same as globalism.
26 Jan 12
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Originally posted by Metal BrainSomething like $2 billion worth. Which is a bet against “econogedin”, at least with respect to Italy (as opposed to, say, loading up on CDS’s, betting on default). Apparently he was able to buy the bonds at a discount from KMPG, MF Global’s bankruptcy administrator.
Soros bought up a lot of Italian bonds recently. He sure is a big money man with a lot of influence.
“Implicit in this bet, obviously, is the idea that Italy won’t default. On that question he simply responds that it won’t happen, because a default by Italy would be the ‘End of Europe.’”
—http://nzpis.com/why-george-soros-wishes-he-had-even-more-italian-bonds/
Soros has a long habit of communicating a message that goes something like: “You guys need to do X; but if you don’t, I’m going to make a lot of money from your failure.” In a book on hedge funds that I read recently, one chapter was called “Soros versus Soros” in reference to the dichotomy between his social/political (and philanthropic) behavior and his trading/investment behavior.
Then again, he may be just using his “bully pulpit” to sound alarm against an EU meltdown, in order to press for a solution that will “make his bet”. That would likely be, in his mind, a "win-win".