Soros said the disruption to global financial markets has implications that remind him of the final years of the Soviet Union.
"Something similar is happening in the West. You had a financial crisis where the market did actually collapse, but it was kept alive by the authorities. People don’t realize that the system has actually collapsed."
I'm allergic to his witticisms. I recognize the source of his epigrams: Karinthy Frigyes (pic: "The whole class is laughing out till stomach cramps") and prewar Budapest (aka Judapest).
4 comments:
Without having read his full quote, I do actually think the bald statement as it stands is correct.
The irony, however, is that the cause of this all is the suicidal economics of the EU project, with its single currency symbolizing the delusion that there are no intellectual differences amongst different groups of people, to say nothing of the economic lunacy of mass immigration, the endless red tape of the bureaucracies,etc, etc.
The irony stems from the support of Mr Soros for most of these projects/policies.
Anon.
They are dead but they dont know it yet is from a Hungarian short story.
The market knows it.
Anon.
Soros plays on both sides of the fence. On the one hand he is the arch-speculator out to punish profligate countries and on the other he pushes all this one- world bullshit, that makes such profligacy inevitable. He really is the embodiment of the Red capitalist.
Ivan
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