Thursday, January 26, 2012

Slouching Toward Armageddon With George Soros

George Soros, the billionaire investor and funder of radical leftist causes around the globe, believes that the world is going to hell in a handbasket, and this time I agree with him.  That's not to say that Soros isn't interested in making more money.  It simply means that he thinks the likelihood of global chaos and the concomitant violence that it will engender is greater than the likelihood of making fast money in gold, for instance, which he considers to be the ultimate bubble.

In The Daily Beast, John Arlidge wrote:

Has the great short seller [George Soros] gone soft? Well, yes. Sitting in his 33rd-floor corner office high above Seventh Avenue in New York, preparing for his trip to Davos, he is more concerned with surviving than staying rich. 'At times like these, survival is the most important thing,' he says, peering through his owlish glasses and brushing wisps of gray hair off his forehead. He doesn't just mean it's time to protect your assets. He means it's time to stave off disaster. As he sees it, the world faces one of the most dangerous periods of modern history-a period of 'evil.' Europe is confronting a descent into chaos and conflict. In America he predicts riots on the streets that will lead to a brutal clampdown that will dramatically curtail civil liberties. The global economic system could even collapse altogether.

Read The Full Story At The American Thinker
Posted By: Chris Carmouche