Soros Talking Down Economy For Profit
Barack Obama and the Democrats talked down the economy during the campaign to differentiate their policies from Republicans. That was destructible but understandable.
Renowned investor George Soros said the turbulence is actually more severe than during the Great Depression, comparing the current situation to the demise of the Soviet Union.
“We witnessed the collapse of the financial system,” Soros said at a Columbia University dinner. “It was placed on life support, and it’s still on life support. There’s no sign that we are anywhere near a bottom.”
And just would George Soros, besides the ideological reward, have to gain by a collapsed financial system?
Those who believed George Soros was pulling strings can now see that he was more than just a shift in power.
George Soros’s $20bn hedge fund company is looking at potential opportunities in Nigeria’s banking sector, where valuations have collapsed in the past year amid growing fears over the level of supervision and transparency. Senior analysts from Soros Fund Management visited Nigeria this week to meet bankers and government officials, raising hopes in the market of a return of foreign interest after many portfolio investors fled during the course of the past year.
“What makes it interesting is that they are the first to come since the global financial crisis, and since the departure of most other investors from the market,” Mr Babalola told the Financial Times. “It’s going to be a magnet for other investors to come in.”
The Soros Fund Management declined to comment.
The trips come against a backdrop of growing concerns over the health of Nigeria’s banking sector, which enjoyed spectacular growth following a consolidation exercise launched in 2005 before share prices began to tumble in March last year.
So, talk down an economy and then race in and buy when it’s low.
Funny how liberals talk down the evils of capitalism, yet their leader funds most of their causes from the very system they decry, and reap little of the benefits Soros enjoys.
See how that works?
February 21st, 2009 at 8:53 am
Maybe this whole economic downturn is part of a Soros-orchestrated master plan?
February 21st, 2009 at 9:29 am
Damn Nerd, got it in one. How many countries has that individual destroyed through his manipulations of finance?
At least we know one member of The Illuminati. Laugh now at that, if you must. But stand ready.
February 21st, 2009 at 12:02 pm
Soros musta got one of those Nigerian email spams…
February 21st, 2009 at 12:07 pm
Soros is at the top of the economy meltdown….Japan and England will confirm that….their economy went into the tank after Soros got done with them. Soros has been after America for a long time now and here is his golden opportunity. After all the money Soros dumped into the DNC and Obama’s campaign and Moveon.org is finally starting to pay off for him. Grab your ankles people, it’s going to be a rough ride. As cmblake6 Says “Stand Ready”.
February 21st, 2009 at 1:06 pm
This is why some people don’t like banks. Setting aside the failures of the Keynesian school (which the economy has been based on for years, the Great Depression was apart of it and all the depressions before it were short lived and hurt a lot less), if Soros is manipulating this for any reason, seeking to destroy economies for profit or for socialism, the necessary action is to freeze and liquidate his accounts the money going to all his victims in all the countries he’s destroyed and for him to become persona non grata. I don’t want to have to pay for his imprisonment, so I say we should make him persona non grata. Here in Idaho, it used to be if you got this status not only could you not expect the help of the law, if someone recognized you and took the preventative measure of shooting you, he or she would not be breaking the law.
February 21st, 2009 at 1:15 pm
OT
can you imagine how much money soros will be pumping into the alaskan gubernatorial race in two years time?
i bet you could run a medium size country on that money alone.
February 21st, 2009 at 4:07 pm
“Funny how liberals talk down the evils of capitalism, yet their leader funds most of their causes from the very system they decry, and reap little of the benefits Soros enjoys.
See how that works?”
hypocrisy anyone?
“And just would George Soros, besides the ideological reward, have to gain by a collapsed financial system?”
3 unfortunate words – “new world order”. There’s a frightening documentary called “the zeitgeist” out there. only downer is they mention some of Bush’s ties & all that. That aside, it’s a sobering look into the future with things like passports with locater chips in them, a family who ACTUALLY VOLUNTEERED for their baby I believe to have some kind of locater chip IMPLANTED in them or something like that. It touches on things like the Euro, and how they are trying to create some garbage amalgamation currency for North America called the “Amero”. Also says they’re to consolidate all the continental currencies into one world currency, having a one world government…and DAMN is that frightening..good lord…
that’s why George Soros scares the HELL out of me……….
February 21st, 2009 at 7:12 pm
Ya know, the whole thing that got this bailout BS going was some big money being suddenly pulled out of the market, causing a liquidity problem. Isn’t that exactly what Soros did to cause the collapse of the Asian markets some years back?
February 22nd, 2009 at 6:09 am
You would think that SOME government out there would have found some covert way to take him out by now.