Gary Edwards's Library tagged soros →  View Popular

The UK Times has a lengthy interview with George Soros, the primary financier and backer of Obama. His hatred of American Capitalism is legendary, but no one really knows what Soros-Socialism is going to be like? Anyone looking for the Obama puppet master need look no further than Soros. The question now however is that of understanding his game plan. Soros' skill has been to predict moments of seismic change by identifying a disjunction between perception and reality.

RELATED LINKS
Soros hints that pound has hit the bottom
George Soros: Crunch will bite deeper in UK
George Soros
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 for the past ten years. When we ask whether he prefers booms or busts, he replies: “I have to admit that actually I flourish, I’m more stimulated by the bust.”

This recession, he explains, is a “once-in-a-lifetime event”, particularly in Britain. “This is a crisis unlike any other. It’s a total collapse of the financial system with tremendous implications for everyday life. On previous occasions when you had a crisis that was threatening the system the authorities intervened and did whatever was necessary to protect the system. This time they failed.”

www.timesonline.co.uk/...article5989163.ece - Preview

financial-crisis soros obama-socialism

NYTImes Review of Soros Book: "The New Paradigm for Financial Markets: The Credit Crisis of 2008 and What It Means": At the start of this year, Soros, convinced (correctly) that the financial crisis was far from over, adopted a bearish investment strategy, which he describes thus: "short US and European stocks, US ten-year government bonds, and the US dollar; long Chinese, Indian, and Gulf States stocks and non-US currencies." Initially, some of these positions didn't pay off. Between January and March, US bonds rallied and Indian stocks tumbled, wiping out gains in other parts of Quantum's portfolio. Just how Soros has fared in the past few months of market turmoil may be known only to investors in Quantum, but it would be foolhardy to bet against him.

www.nybooks.com/21934 - Preview

soros marxism socialism politics financial-crisis economy hedge-funds obama

A YouTube montage of Peter Schiff's comments and predicitons on Fox Business News startign back in 2006. Peter called it exactly right, correctly identifying that mortgages and falling home values would cause a global economic collapse. Incredible foresight.

andrewsullivan.theatlantic.com/...vindication.html - Preview

soros economy politics financial-crisis Peter-Schiff