‘There will be riots on streets of America’: George Soros predicts class war in U.S. as euro triggers collapse of global economy
Breaking News, Finance, Headlines Wednesday, January 25th, 2012
By MARK DUELL, MailOnline
Billionaire investor George Soros has warned the global economic system could collapse and riots on the streets of America are on the way.
The 81-year-old said he’d rather survive than stay rich as the world faces an ‘evil’ period and Europe fights a ‘descent into chaos and conflict’.
He has backed the euro, bought $2billion in European bonds and insisted the economic climate is similar to the 1930s Great Depression.
‘The euro must survive because the alternative – a breakup – would cause a meltdown that Europe, the world, can’t afford,’ he told Newsweek.
‘The situation is about as serious and difficult as I’ve experienced in my career. We are facing now a general retrenchment in the developed world.’
His warnings came as U.S. stocks dipped on Tuesday, with talks to resolve Greece’s debt crisis faltering and threatening a five-day winning streak.
To read more, visit: http://www.dailymail.co.uk/news/article-2091190/George-Soros-predicts-U-S-riots-insists-Euro-saved-global-economy-collapse.html
Short URL: https://reteaparty.com/?p=5755
What does a prick like this do with a billion dollars? Makes you wonder why these people try to destroy the greatest country on the earth. If I had my way
someone would beat this bastard until he couldn’t move for at least a year and
run his ugly a** right out of the country!
He’s spent too much time tiptoeing through the tulips with his ukelele.
This is part of a very large movement among several contries to develop a “One World Currency” !
Look at all the stories of countries dumping the dollar and using their own currency among themselves.
I believe it has been a goal for several years here in America to intentionally devalue the dollar via the Federal Reserve in an attempt to get America on board when the collapse finally happens !
The price of Gold And Silver are good indicators.
There are several politicos in countries that switched to the euro saying it was the worst possible thing they could have done, and this was before all this “collapse” talk ever began years ago. They’ve no one to blame but themselves and this is another symptom of giving up your sovereignty in the name of a “global economy.” When are we going to get back to making our own products and not depending on cheap slave labor around the world for every thing we purchase or consume including food? Had we continued to do that would we be in the mess we are in now worrying about a global collapse and rioting in the streets of America?