Soros, what’s your game?
What is George Soros up to? It’s hard to contemplate without being a mind reader, but we can look at his past and get a good idea. I thought he might be Socialist/Communist, but I’m not so certain now. One thing is clear, he’s an investor. That would make him a Capitalist, but then you look at his political contributions. He promotes the Socialist/Commie cause. Why?
Let’s look at his philosophy, the concept of reflexivity, where the biases of individuals enter into market transactions, potentially changing the perception of fundamentals of the economy. In short, the generally accepted theory is that financial markets tend towards equilibrium. He operate using a different theory, they do not merely discount the future; they help to shape it. Virtuous upside cycles can lead to bubbles and booms, and vicious downside cycles that lead to crises and crashes. When that happens, markets enter into a state of “dynamic disequilibrium”. Soros looks for this, but I also believe he perpetrates it.
Soros felt that German reunification had an inflationary effect and that the traditional currency relationships would have to change. On September 16, 1992, “Black Wednesday”, Soros’ infamy began when he sold short more than $10 billion worth of pounds, profiting from the Bank of England’s reluctance to either raise its interest rates to levels of other European Exchange Rate Mechanism countries or to float its currency. The Bank of England was forced to withdraw the currency from the EERM and devalue the pound. Soros earned an estimated US$ 1.1 billion and was dubbed “the man who broke the Bank of England.”
In July of 1997, Great Britain gave up Hong Kong to China. On the first of July, the deed was done. On the second of July, Thailand baht dropped. Probably coincidence, but if you knew what was going on, the timing was right. Like a stack of dominoes, the economy of the Asian countries were going down. Soros was on top of the game. Soros, made out in Thailand and Malaysia. Not so good in other countries, but he made out. What was left, China picked up the slack, and where are we today?
Soros is one of the world’s most vicious speculators and believes that information or misinformation can not only undermine market fundamentals, but also change the fundamentals. He has used this tactic to short currencies and to “front run” currencies and other commodities.
In August, 1998 Soros played the Russian ruble. He and others, including Warren Buffet lost money in this speculation, Soros losing approximately two billion dollars. Other speculators made money with the ruble, and Soros knew that if he sold short on it he would have made out. Why didn’t he sell short? Maybe he had funds with one of the winning investors? I’m just speculating, tho. Make it look like you don’t always know what your doing, throw people off. But what did happen for sure was Russia’s economy went in the crapper.
Typically for Soros, once the fools rush in to push prices higher, Soros secretly begins to sell for a huge profit. His goal is to loot wherever and however he can. Soros has been called the master manipulator of “hit-and-run capitalism.” Soros likes coming into newly opened financial markets which have little experience with foreign investors, let alone ones with large funds like Soros. Soros begins buying stocks or bonds in the local market, leading others to naively suppose that he knows something they do not. When the smaller investors begin to follow Soros, driving prices of stocks or whatever higher, Soros begins to sell to the eager new buyers, cashing in his 40% to 100% profits, then exiting the market, and often, the entire country, to seek another target for his speculation. What Soros always leaves behind, is a collapsed local market and financial ruin of national investors.
“I am basically there to make money. I cannot and do not look at the social consequences of what I do,” George Soros, commenting on being blamed for the financial collapse of Thailand, Malaysia, Indonesia, Japan and Russia from the 60 Minutes interview transcript, December 20, 1998.
So we have a man that has made his money without a care how he got it. This man is not Robin Hood. He does not steal from the rich to give to the poor. Most of the countries he’s raided are poor. We have a man with all of this money. Why? I can only surmise. My guess is to pay U.S. leaders to move the country in a certain direction. Again, why? I think this man is a phony Liberal. He’s been a Bilderberger. He is a “One World Order” man. He’s using Liberalism to destroy our currency. The International Monetary Fund is getting ready to print billions of dollars worth of a global “super-currency” to address the current economic crisis.
Even if your not into conspiracies, our government is in trillions of dollars of debt. Most of that debt owned by China. Our government is printing currency out the wazoo devaluing the dollar, in effect taking your money away from you, but taking money away from creditors (China) also. Soros has figured out how to play the world market and is poised for the imbalance to break the American back and reap the rewards.
But what he also knows, is like Great Britain, Malaysia, Thailand, Russia and other countries, the United States will be left devastated, with the rest of the world waiting to drop the dollar as the world monetary currency. This would be a move that might leave America a third world country permanently and possibly a Chinese province regardless of a one world order reality.
Most of the information here came from Wikipedia. Wiki George Soros, Russian Crisis, Thai Crisis, etc. What I’m saying, is don’t take my word for it. Look it up. If I just gave you links, some of you will say my links are biased, and you’d be right. Google “hit-and-run capitalism”, reflexivity, “Black Wednesday”, “global super currency” or any other term used in this article. You’ll believe it if you find the information yourself.
Other related links:
moonbat-group-of-the-day-acorn Kynikos
another-pipeline-closed-off-house-cuts-acorn-funding Michelle Malkin
triple-snort-worthy-white-house-distances-itself-from-acorn Michelle Malkin
abc-cbs-nbc-kamikaze-media-straight-up-not-your-grandfathers-main-stream-media-anymore VotingFemaleSpeaks
beraking-house-votes-to-suspend-payments-to-acorn Ed Morrissey
acorn-videos-san-diego-and-tijuana-dreaming Ed Morrissey
But will it stand in a House-Senate conference? PoliPundit
acorn-prostitution-scandal-san_17.html Another Black Conservative
conservative-blog-network Conservative Blog Network
more-than-57-varieties-to-this-scandal Diary of a Mad Conservative
video-of-jimmy-carter-calls-barack-obama-a-black-boy GoodTimePolitics
www.commoncts.blogspot.com Common Cents
moonbat-of-the-day-fringe-media-abc-nbc-cnn-msnbc-ny-times-on-and-on-and-on
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