You might not like Soros, but he and Rogers were astute investors who recognized and profited from doomed government attempts to interfere in the economy, such as the Bank of England’s failed attempt to prop up the pound.
It’s not a question of liking Soros or Rodgers, traitors though they may be. It’s a question of believing what they say.
Here’s the question he needs to answer, “If these banks are technically bankrupt at this moment, would they still be bankrupt if the mark-to-market rule were eliminated?” The answer to that question in almost every case is NO. The SEC, with a stroke of the pen, could make them techically solvent again.
So this is just a Soros scheme to bring down the United States. In my opinion, he’s behind a lot of what’s going on now.