Posted on 06/28/2016 11:46:39 PM PDT by Trump20162020
BILLIONAIRE investor George Soros took out a staggering €100MILLION bet that a major German bank would collapse after Britain decisions to cut ties with the crumbling EU.
The man who "broke the Bank of England" took a short position of 0.51 per cent in Deutsche Bank shares on Friday - the day after the people of Britain backed Brexit.
In growing signs that desperate Angela Merkel's economy is struggling in the wake of the nation's decision to leave the EU - Soros Fund Management said its short position was now 0.46 per cent - suggesting it had begun to take profits from the trade.
(Excerpt) Read more at express.co.uk ...
Soros’ whole life seems to be about causing chaos...maybe just for the hell of it.
June 29, 2016 - German consumer morale brightens further heading into July
June 28, 2016 - cricket boom in Germany
I would argue that the various banks are creating the chaos themselves, and Soros merely observes the stupidity at work, and accurately predicts the fall-out.
Will celebrate with my good friend JW Black the day this piece of #### dies.
We all need to pray for Sorros. Getting angry at this piece of cap only feeds him more strength.
A prayerful blessing for Sorros is like placing hot coals upon his head.
That’s the way it works. The rubes blame him either way, and he laughs all the way to the bank. One would think that the wise investors would follow him instead, if he was so omniscient.
I would agree with you, particularly in the case of Deutsche Bank.
Deutsche Bank is a complete disaster—no doubt about that.
However, they are banking on a German government bailout.
Why shouldn’t they expect that?—until governments are prepared to let the “too big to banks” fail a banker would be a fool not to double down on “heads we win, tails you lose” gambling.
Soros entire public life has been about serving what the bible describes as ‘principalities and powers’ abetting spiritual wickedness operating from high places,
His aging carcass has been a willing vessel to evil for all the years of his public life, probably longer
We’re seeing in him just what it looks like when Satan gives someone power and authority, he was however never given a seat,
I could see a repeat of the quiet Dresdner debacle. A german bank bailout means the highly intelligent techies and traders will leave the bank to work somewhere else with all their clients’ contacts.
Banking is a networking industry where bankers, programmers and clients know each other. They can all move and recreate shops in other banks in a matter of days.
Soros was one of the biggest supporters of the Muslim invasion of Europe. He was also a big supporter of government programs that are bankrupting the European countries.
Soros also bet against the U.S. economy and U.S. companies while backing destructive politicians and unrest in the U.S.
Soros is the funder and organizer of BlackLivesMatter. Soros controls the Democrat Party in the U.S.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.