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Soros: If G20 Fails, Global Depression Ahead
http://moneynews.newsmax.com/streettalk/soros_global_depression/2009/04/01/198390.html?s=al&promo_code=7D3D-1 ^

Posted on 04/01/2009 1:18:37 PM PDT by FromLori

If the G20 meeting of world leaders this week results in nothing but more hot air, billionaire George Soros says all bets are off — the global economy is heading for a huge meltdown.

“That could push the world into depression. It’s really a make-or-break occasion. That’s why it’s so important. The chances of a depression are quite high — even if that is averted, the recession will last a long time. Look, we are not going back to where we came from. In that sense it’s going to last forever.”

While most investors are worried about the sorry state of the global markets, Soros finds the economic gloom-and-doom "exhilarating," and reckons a full-blown depression is inevitable.

(Excerpt) Read more at moneynews.newsmax.com ...


TOPICS: Business/Economy; Government
KEYWORDS:

1 posted on 04/01/2009 1:18:37 PM PDT by FromLori
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To: FromLori

Soreass can only hope. He’s making billions on our problems.


2 posted on 04/01/2009 1:20:41 PM PDT by b4its2late (Ignorance allows liberalism to prosper.)
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To: FromLori

so, if he reckons it is inevitable, why does he care one way or the other about the outcome of G20?


3 posted on 04/01/2009 1:20:43 PM PDT by Buckeye McFrog
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To: Buckeye McFrog

He’s leaping onto the news reports in order to cause fear, which in turn adds to his investment bottom-line.


4 posted on 04/01/2009 1:23:11 PM PDT by 1rudeboy
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To: FromLori

Since that old parasite has bet against the U.S. dollar and our economy for the past decade, he’s looking forward to our demise. Why we ever let this con man into our country when he was wanted in other countries is beyond me. I guess he paid off the right people. Corruption brings its own punishment.


5 posted on 04/01/2009 1:24:51 PM PDT by kittymyrib
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To: FromLori

Hey Soros—Bite it!


6 posted on 04/01/2009 1:25:51 PM PDT by GOP Poet
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To: Buckeye McFrog

He does remind one of Satan, does he not? It’s like we’re Job, and he’s rejoicing over our imminent apostasy.


7 posted on 04/01/2009 1:28:00 PM PDT by Mamzelle
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To: FromLori
If the G20 meeting of world leaders this week results in nothing but more hot air, billionaire George Soros says all bets are off — the global economy is heading for a huge meltdown.

It's already there. The effects just haven't been seen yet.

8 posted on 04/01/2009 1:30:24 PM PDT by Centurion2000 (01-20-2009 : The end of the PAX AMERICANA.)
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To: b4its2late

He is an old man. What good is all that money,he can’t buy his way into heaven.


9 posted on 04/01/2009 1:32:50 PM PDT by TLEIBY308 (Keep yer powder dry and watch yer top Knot.)
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To: FromLori

Is bad news for the G20 good news for Soros?


10 posted on 04/01/2009 1:33:46 PM PDT by theBuckwheat
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Comment #11 Removed by Moderator

To: FromLori

As I noted in a previous post, when Soros made noises about making a run on the Chinese currency. A Chinese government official announced that any attempts at collapsing the Chinese currency will be considered an act of war and any speculators, such as Soros, will be killed.

If you think about it, what difference is there from someone trying to destroy your currency and your financial system versus an enemy who bombs your factories, your ports and airports, and your power plants?


12 posted on 04/01/2009 1:44:32 PM PDT by PanzerKardinal
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To: Centurion2000
It's already there. The effects just haven't been seen yet.

That's my take also, and when it sinks in, the Proles ain't gonna be happy. Lock and load.

13 posted on 04/01/2009 1:48:19 PM PDT by Oatka ("A society of sheep must in time beget a government of wolves." –Bertrand de Jouvenel)
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To: FromLori

It is designed to fail.


14 posted on 04/01/2009 2:22:30 PM PDT by TASMANIANRED (TAZ:Untamed, Unpredictable, Uninhibited.)
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To: FromLori

Anything Barack touches and fails at is good for America so hopefully G20 will fail. Georgie Sorass is the cause of this global mess - what a scumbag.


15 posted on 04/01/2009 2:23:32 PM PDT by cblue55 (If you aren't outraged you aren't paying attention)
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To: cblue55
soros produces the kool aid....he is of the DARK SIDE and should go home.


16 posted on 04/01/2009 2:33:00 PM PDT by Colonial Warrior (Never approach a bull from the front, a horse from the rear, or a fool from any direction.)
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To: PanzerKardinal

I have looked and looked and cannot find anything like that do you have an article with that in it by chance?


17 posted on 04/01/2009 2:49:48 PM PDT by FromLori (FromLori)
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To: FromLori

Soros craves to be the behind-the-scenes dictator of a nation, any nation. His flunkies have now been kicked out of half a dozen countries, and always for the same reason—trying to undermine the government with the idea of putting a Soros figurehead in place.

It is interesting to analyze the underlying psychology of such supervillains as Soros and Madoff.

In Madoff’s case, several things stick out. He always embraced Jews and left wing organizations, while at the same time horribly double crossing or even wiping them out. His favorite types of left wing organization that he would promise money to had one thing in common—trying to prevent juvenile criminals from being punished in any way, no matter their crime.

That is, overtly Madoff obviously hated the very idea of punishing juveniles for anything, even terrible, violent crimes. And is that ever an interesting starting point for analyzing his psyche. But at the same time, he *knew* that the people he was supposedly helping, he was actually destroying. So is he an anti-Semite and anti-leftist?

Soros, family name Schwartz, on the other hand, has a Machiavellian lust for power and control over others. But coupled with that, he seems to see *any* form of government other than his personal rule as evil. In many ways, he is philosophically an anarchist, and seeks to tear down any society he penetrates. But add to that his bizarre personal mission to legalize marijuana, and he is enigmatic.

At times, considered opinion was that his wealth was created by some communist front organization to undermine western nations, but over time, he has become like the James Bond villain Max Zorin, in the rather grotesque movie, A View To A Kill. That is, a loose cannon free agent, who seeks chaos for his own personal enrichment. That doing so will cost millions of lives and vast suffering is of little concern.


18 posted on 04/01/2009 3:19:42 PM PDT by yefragetuwrabrumuy
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To: FromLori

“What if a man gain the whole world and lose his own soul”
This is the only comfortable world that PAGAN Soros will ever know. His man, Obama, and the demonRATS caused the financial meltdown!


19 posted on 04/01/2009 4:46:49 PM PDT by Doctor Don
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