Soros sees risk of another world war

Currency wrecker, convicted felon and ‘philanthropist’ George Soros would know because he’s in that network circle.

For a background on George Soros, please see HERE and HERE.

 

Much depends on Chinese economy

WASHINGTON (MarketWatch) — Billionaire investor George Soros said flatly that he’s concerned about the possibility of another world war

If China’s efforts to transition to a domestic-demand led economy from an export engine falter, there is a “likelihood” that China’s rulers would foster an external conflict to keep the country together and hold on to power.

“If there is conflict between China and a military ally of the United States, like Japan, then it is not an exaggeration to say that we are on the threshold of a third world war,” Soros said.

Military spending is on the rise in Russia and China, he said.

To avoid this scenario, Soros called on the U.S. to make a “major concession” and allow China’s currency to join the International Monetary Fund’s basket of currencies. This would make the yuan a potential rival to the dollar as a global reserve currency.

Full article: Soros sees risk of another world war (MarketWatch)

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