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George Soros, The Man Who Broke The Bank, Sees A Global Meltdown
London Times ^ | March 27, 2009

Posted on 03/27/2009 7:58:08 PM PDT by Steelfish

March 28, 2009

George Soros, the man who broke the Bank, sees a global meltdown

Alice Thomson and Rachel Sylvester

George Soros was 13 when the Nazis invaded his homeland of Hungary.

As a Jew, he was forced to adopt a false identity and live separately from his parents in Budapest.

Instead of being traumatised by the experience, though, he found the danger exhilarating. “It was high adventure,” he says, “like living through Raiders of the Lost Ark.”

Sixty-five years later, he still thrives on danger.

He famously made $1 billion on Black Wednesday by shorting the pound, earning him the label of “the man who broke the Bank of England”.

Last year, as the world tipped into financial chaos, Mr Soros pocketed another $1.1 billion by correctly predicting the downturn. “I’m an expert in crises,” he says.

The man who has a phobia about maths has made his name as the philosopher king of economics – his book The Crash of 2008, out in paper-back next week, has been a bestseller on both sides of the Atlantic.

Since 1944 he has believed in what he calls “reflexivity” – the idea that people base their decisions on their own perception of a situation rather than on the reality.

He has applied this both to investment and to politics: his skill has been to predict moments of seismic change by identifying a disjunction between perception and reality.

When everyone else was convinced that the markets would automatically correct themselves, the 78-year-old “old fogey”, as he calls himself, was one of the few warning of recession.

He put all his chips on “the Barack guy” early on when all around him were still gunning for Hillary Clinton.

It’s almost as if he has been waiting for the Great Recession

(Excerpt) Read more at timesonline.co.uk ...


TOPICS: Business/Economy; News/Current Events; United Kingdom
KEYWORDS:

1 posted on 03/27/2009 7:58:08 PM PDT by Steelfish
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To: Steelfish

“As a Jew, he was forced to adopt a false identity and live separately from his parents in Budapest.”

Too bad he escaped. This is truly an evil man.


2 posted on 03/27/2009 7:59:31 PM PDT by ScottinVA (Christian and armed)
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See, also.....http://www.freerepublic.com/focus/f-news/2216581/posts


3 posted on 03/27/2009 8:00:36 PM PDT by ButThreeLeftsDo (Fight Crime. Shoot Back.)
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To: Steelfish

STILL HOPE HE GETS A## CANCER!


4 posted on 03/27/2009 8:01:30 PM PDT by ronnie raygun (LONG LIVE THE REPUBLIC!)
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To: Steelfish

I’m sure someone that rich has great security but I still wonder why he hasn’t been killed yet. I mean, someone got close enough to throw mayonnaise in his face, right? Just sayin’.


5 posted on 03/27/2009 8:07:44 PM PDT by manic4organic (We Are S0 Screwed)
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To: ScottinVA

I heard the Soros survived by ratting out fellow Jews to the Gestapo .


6 posted on 03/27/2009 8:13:46 PM PDT by LeoWindhorse
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To: Steelfish

Hey George, we have an opening. Wanna go hunting with us?


7 posted on 03/27/2009 8:15:58 PM PDT by cork (From my cold dead hands, with an empty clip, did my job!!)
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To: ScottinVA

Soros has almost single handedly brought the
persistent death ethic to America.

Soros = starvation/dehydration deaths for the disabled or
those with a quality of life of which the anointed don’t approve.

www.lifetree.org/timeline/index.html


8 posted on 03/27/2009 8:17:17 PM PDT by Lesforlife
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To: Steelfish

Soros knows he is at deaths doorstep. He would like to bring down the US (and perhaps the world) as his last hurrah!


9 posted on 03/27/2009 8:21:08 PM PDT by doc1019 (Idiocy is as Obama does)
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To: Steelfish
Instead of being traumatised by the experience, though, he found the danger exhilarating. “It was high adventure,” he says, “like living through Raiders of the Lost Ark.”

Yes. I am sure the SIX MILLION feel the same way. "Wow what a ride! Hoooo! Boxcar ride. Death camp. Gas chamber! Mass grave! Wow! What an adventure! Let's go through again!"

What a F*CKING beast. Soros should be tried as a war criminal. He admits he was sympathetic with the Nazis.

10 posted on 03/27/2009 8:27:47 PM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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To: ScottinVA

Heard a report saying Soros was a Nazi capulator and bragged about it.

You bet he had good timing on the 2008 crash, he initiated it.

Can’t figure why someone hasn’t ventilated this POS yet.


11 posted on 03/27/2009 8:34:15 PM PDT by dusttoyou
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To: LeoWindhorse

No doubt....


12 posted on 03/27/2009 9:19:33 PM PDT by antceecee (Bless us Father.. have mercy on us and protect us from evil.)
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Last year, as the world tipped into financial chaos, Mr Soros pocketed another $1.1 billion by correctly predicting the downturn. “I’m an expert in crises,” he says.

That's because he manufactures crises in currencies. Soros is evil, and I will celebrate when I hear he's dead. He's caused more damage to the world, the USA, and the entire concepts of liberty and freedom than anyone else in a generation.

Mark

13 posted on 03/27/2009 9:52:20 PM PDT by MarkL (Do I really look like a guy with a plan?)
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To: MarkL

Wonder if he’d loan me a hundred thou, hehehe.


14 posted on 03/27/2009 10:36:02 PM PDT by Ciexyz
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