Soros Says Russia New Rising Global Power

Billionaire investor George Soros said on Monday he saw Russia emerging as a global power as the European Union collapses, in much the same way as the EU flourished when the Soviet Union started falling.

He added that he felt “more than ever” that the EU’s destiny hinged on Ukraine’s future, speaking in London at an event hosted by the Open Russia, a Russian opposition movement founded by Kremlin critic Mikhail Khodorkovsky.

Soros told the Journal there remained a good chance that the European Union will collapse due to the migration crisis, challenges in Greece and a potential British exit from the EU.

“If Britain leaves, it could unleash a general exodus, and the disintegration of the European Union will become practically unavoidable,” Soros told the Journal.

Soros bet successfully that the pound was overvalued against the Deutsche Mark in 1992, culminating in so called ‘Black Wednesday’ when John Major was forced to pull sterling out of the European Exchange Rate Mechanism (ERM).

Full article: Soros Says Russia New Rising Global Power (TruNews)

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s