Support: Mr Soros has backed the Euro, bought $2billion in European bonds and insisted the economic climate is similar to the 1930s Great Depression
'There Will Be Riots On Streets Of America': George Soros Predicts Class War In U.S. As Euro Triggers Collapse Of Global Economy -- Daily Mail
* Billionaire New York investor warns of impending economic meltdown
* Backs euro and buys Italian bonds from Jon Corzine's failed MF Global
* Warns it's 'difficult to know right decisions to make' after boom years
* Supports Occupy Wall Street, Democrats and Obama re-election efforts
Billionaire investor George Soros has warned the global economic system could collapse and riots on the streets of America are on the way.
The 81-year-old said he’d rather survive than stay rich as the world faces an ‘evil’ period and Europe fights a ‘descent into chaos and conflict’.
He has backed the euro, bought $2billion in European bonds and insisted the economic climate is similar to the 1930s Great Depression.
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My Comment: On one hand he preaches doom and gloom .... on the other hand he is still investing. My suggestion .... do not look at what he is saying .... look at what he is doing.
2 comments:
His views are always worth study.That he is currently investing suggests that he lives for Now but thinks about Later. He knows he may be wrong so continues his life. He knows he may be right but little he can do about it but to go on.
I agree Fred. I disagree with him on most issues .... but I will always post his views and comments.
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