Posted on 12/01/2011 3:10:13 PM PST by blam
George Soros: The Global Financial System Is In A 'SELF-REINFORCING PROCESS OF DISINTEGRATION'
Simone Foxman
Dec. 1, 2011, 4:58 PM
Investor George Soros foretold doom in a recent speech in front of the International Senior Lawyers Project, according to the WSJ.
The financial system is collapsing, and the developed world is fast falling into a "deflationary debt trap."
"The consequences could be quite disastrous," he said. "You have to do what you can to stop it developing in that direction."
Soros has been an outspoken advocate of taking more radical action to stem the European debt crisis, endorsing intervention by the European Central Bank and even eurobonds. He doesn't think too highly about the rest of the world either, speculating that global economic imbalances are continuing to destabilize the global economy.
But it's not all bad. "A lot of positive things are happening," Soros said. "I see Africa together with the Arab Spring as areas of progress. The Arab Spring was a revolutionary development."
(Excerpt) Read more at businessinsider.com ...
George should know. He helped put it there.
This guy is happy as a pig in slop.
I read that as, “...The Global Financial System Is In A ‘SOROS-REINFORCING PROCESS OF DISINTEGRATION’
If someone wants to audit someone, start with this piece if “s”.
Read that: “...piece of ‘S’.”
The communist Soros always plays the “casual observer” as his schemes get executed.
Hey George, how much money are you going to skim off the top of a global economic collapse?
His compassion sure is.
He is the pig and our finances are the slop.
He is the pig and our finances are the slop.
Soros was one of those who lobbied The Fed to bail out Europe ... and himself.
From Zero Hedge:
US Yield Curve Rises, Italy/France/Belgium Yields Fall – Simple Swap Cost Lowering or Perceived Bigger Bailout?
http://confoundedinterest.wordpress.com
Pretty much... ;^)
Soros was one of those who lobbied The Fed to bail out Europe ... and himself.
From Zero Hedge:
US Yield Curve Rises, Italy/France/Belgium Yields Fall – Simple Swap Cost Lowering or Perceived Bigger Bailout?
http://confoundedinterest.wordpress.com
No doubt. The guy is scum, and more than one nation is aware of it. So what do we do? We elect someone who is his ally.
Yet his Representative was at a New York Fed meeting on loaning Europe money?
why wouldn't he fund any progressive cause its not his money.
I know is not right to despise someone, however this slime ball is not even American born, I’ll dare him try to destroy our country for his own benefit!!! This man is pure EVIL with a whole hell of a lot of money. WE
out number him WE must prevail!!!!!!
Analogy of the Soros warning: After steeling all the money the bank robber left a note to remind the bank manager to close and lock the vault before going home.
Investor George Soros foretold doom in a recent speech in front of the International Senior Lawyers Project, according to the WSJ.
He is the pig and our finances are the slop.
---------------------------------
Obama & Soros -- the financial terrorist -- are thicker than blood. A man with a checkbook but no country.
Zer0 doesn't care about left or right... he's there to bring down America...
I think it is perfectly alright to despise a person if it is done for rational reasons. I don’t hold with this judge not lest you be judged. The creator gave us reasoning minds and I think he expects us to use them. Evil is always to be despised.
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