Soros Warns of Riots, Brutal Clampdowns & Possible Total Economic Collapse

[Stryker365]

Soros Warns of Riots, Brutal Clampdowns & Possible Total Economic Collapse

AP

George Soros is no stranger to Blaze readers. The billionaire currency speculator and philanthropisthas long been in the news, especially since the fateful day in 1992 when he helped crash England’s economy. In fact, since that day, he has been commonly referred to as “the man who broke the bank of England.”

Soros is shrewd, he has a keen eye for investments, and he knows how to play the markets. Therefore, when he makes a prediction, it might be safe to say it’s worth a listen. After all, his predictions (among other things) have made him the multi-billionaire he is today.

So you might want to pay attention to a recent story from The Daily Beast that claims George Soros is nervous about the future of the global economy and that he warns of dark things to come.

“At times like these, survival is the most important thing,” Soros said.

As he sees it, the world faces one of the most dangerous periods of modern history—a period of “evil,” writes the Beasts’ John Arlidge. “Europe is confronting a descent into chaos and conflict. In America [soros] predicts riots in the streets that will lead to a brutal clampdown that will dramatically curtail civil liberties [emphases added]. The global economic system could even collapse altogether.”

And to add a little color, Aldridge notes Soros says it all while “peering through his owlish glasses and brushing wisps of gray hair off his forehead.”

“I am not here to cheer you up. The situation is about as serious and difficult as I’ve experienced in my career,” Soros told Newsweek. “We are facing an extremely difficult time, comparable in many ways to the 1930s, the Great Depression. We are facing now a general retrenchment in the developed world, which threatens to put us in a decade of more stagnation, or worse. The best-case scenario is a deflationary environment. The worst-case scenario is a collapse of the financial system.”

Click here to find out more!

As mentioned in the above, and as The Daily Beast points out, Soros’ warning is probably based on his natural market instincts as well as personal experience.

“I did survive a personally much more threatening situation, so it is emotional, as well as rational,” Soros said in reference to his personal experiences with both Nazi and Communist occupations.

“The collapse of the Soviet system was a pretty extraordinary event, and we are currently experiencing something similar in the developed world, without fully realizing what’s happening,” Soros said.

“Unrestrained competition can drive people into actions that they would otherwise regret,” Soros said. “The tragedy of our current situation is the unintended consequence of imperfect understanding. A lot of the evil in the world is actually not intentional. A lot of people in the financial system did a lot of damage without intending to.”

Wait a minute. Soros believes that the economic meltdown was the result of not just poor investments but honest-to-God “evil”?

“That’s correct,” Soros affirmed.

Soros continued in this vein, each prediction getting darker and grimmer than the last.

He believes that the EU must be held together because “if you have a disorderly collapse of the euro, you have the danger of a revival of the political conflicts that have torn Europe apart over the centuries—an extreme form of nationalism, which manifests itself in xenophobia, the exclusion of foreigners and ethnic groups.”

“In Hitler’s time, that was focused on the Jews,” Soros said. “Today, you have that with the Gypsies, the Roma, which is a small minority, and also, of course, Muslim immigrants.”

It is “now more likely than not” that Greece will formally default in 2012, Soros said. For this, he blames the EUs’ leadership and believes that eurozone leaders only know how to “do enough to calm the situation, not to solve the problem.”

Soros then went on to talk about how the Occupy Wall Street movement has added to the ever-changing dynamics in the world economy. Debt, Wall Street and capitalism have been put under intense scrutiny and people are becoming increasingly angry.

As this anger intensifies, will the inevitable result be a spontaneous eruption of violence and riots?

“Yes, yes, yes,” Soros says, almost “gleefully.”

However, according to Soros, worse than the riots and violence will be the government reaction.

“It will be an excuse for cracking down and using strong-arm tactics to maintain law and order, which, carried to an extreme, could bring about a repressive political system, a society where individual liberty is much more constrained, which would be a break with the tradition of the United States,” Soros said.

Perhaps because he sees such a dark future for the West, Soros has staked his “hopes” for the global economy in Middle East and the “democracies” that are springing up over there.

“While the developed world is in a deep crisis, the future for the developing world is very positive,” Soros said. “The aspiration of people for an open society is very inspiring. You have people in Africa lining up for many hours when they are given an opportunity to vote. Dictators have been overthrown. It is very encouraging for freedom and growth.”

Soros insists the key to avoiding cataclysm in 2012 is not to let the crises of 2011 go to waste, writes John Arlidge.

“In the crisis period, the impossible becomes possible,” Soros said. “The European Union could regain its luster. I’m hopeful that the United States, as a political entity, will pass a very severe test and actually strengthen the institution.”

http://www.theblaze.com/stories/soros-warns-of-riots-brutal-clampdowns-possible-total-economic-collapse/

Edited January 24, 2012 by Stryker365

[TrinityeXchange]

interesting. Seems Soros in an indirect way points us to the reasoning behind all of the newly built FEMA camps constructed in states across the nation. Interesting indeed.

[CrappieShark]

Soros is saying the Muslims today are like the jews in Hiltlers time? The only instituion being threatened is the institution of the wealthy. They are now laying the ground work for the next step of atrocious behaviour they will bring about. They want one world economy and one world government will be a direct result. There will be no free world then. They will dictate and rule. The definition of evil to these men is an intelligent America fighting against them. They want rioting in the streets. This will be a war won by thinking men and women who will not give up their guns or freedoms. Rioting in the streets will only result in mass genocide and they will gleefully kill all who take to the street. Be organized people. Have a plan. Be vigilant. Don't look back in anger, don't look forward in fear, but around you with awareness. The Greeks had a saying; They whom the god's would destroy they first make mad. They do well to heed this saying in this modern day and in thiis troubling time. If they can incite you to fear and panic they have won half the war. Think and fight. Do not react but be proactive. The first step is voting for Ron Paul. Get these evil men out of our country not just our government. They should all face a firing squad for the evil they have already done to our nation. They want to call it civil unrest, and loss of civil liberties which is BS of the first degree. It is tyranny of a government who has become the puppets of greedy men fully intent to destroy our nation. Use your minds America. The battle always should begin in the mind.

Edited January 24, 2012 by CrappieShark

[pontiyak]

Soro's Hedge Fund is also one of the major Naked Short Sellers on WalledStreet©.

If you have ever seen your investment in a small cap stock wiped out..you can bet Soros and his Fund was

playing a part. He's as crooked as a 3 dollar bill.

yak

[SocalDinar]

He was looking in the mirror when he talked of Evil!

[Stryker365]

Soros is saying the Muslims today are like the jews in Hiltlers time? The only instituion being threatened is the institution of the wealthy. They are now laying the ground work for the next step of atrocious behaviour they will bring about. They want one world economy and one world government will be a direct result. There will be no free world then. They will dictate and rule. The definition of evil to these men is an intelligent America fighting against them. They want rioting in the streets. This will be a war won by thinking men and women who will not give up their guns or freedoms. Rioting in the streets will only result in mass genocide and they will gleefully kill all who take to the street. Be organized people. Have a plan. Be vigilant. Don't look back in anger, don't look forward in fear, but around you with awareness. The Greeks had a saying; They whom the god's would destroy they first make mad. They do well to heed this saying in this modern day and in thiis troubling time. If they can incite you to fear and panic they have won half the war. Think and fight. Do not react but be proactive. The first step is voting for Ron Paul. Get these evil men out of our country not just our government. They should all face a firing squad for the evil they have already done to our nation. They want to call it civil unrest, and loss of civil liberties which is BS of the first degree. It is tyranny of a government who has become the puppets of greedy men fully intent to destroy our nation. Use your minds America. The battle always should begin in the mind.

Are you the one that neg'ed me for just bringing a news article to the members to read? I'm not a Soros fan myself but I'll be damned if I get preach at by a closed minded person like you. Ron Paul in my opinion is not the answer to the problems that we are facing but I can see where you can think that. Some of you people would rather spend your time in the rumor section following people like randilen or what ever the idiots name is. The only reason I brought this in here was to follow the money, this is how people make money by doing what the wealthy do. It doesn't mean I got to like them.......I'm done with you short sided.......you really think God is bringing this to you.....why would God give you something you did not work for? I do this because I believe that God would want me to help but people like you that want to preach to others to prove your point make me sick. and your just as bad as the ones you think are bad, good luck to you, you are going to need it.

I'm done trying to help you people understand this deal, do it yourselves..

[Abarvets]

Wow Stryker where to begin. I think I read it 4 times.

As we know good old George took down the bank of England, shortly after that was when he and Jimmie Rogers went their separate ways. He also helped take down Argentina but that is a whole other topic. Wonder if he was having buyers remorse when he said

“Unrestrained competition can drive people into actions that they would otherwise regret,” Soros said. “The tragedy of our current situation is the unintended consequence of imperfect understanding. A lot of the evil in the world is actually not intentional. A lot of people in the financial system did a lot of damage without intending to.”

A little late there George. He has taken down how many countries ... 8? Anyway, I digress. I had understood that he had shorted the Euro and the reason he hosted a conference last year in Bretton Wood was to see how things were progressing in taking down the dollar. He tried recently to shake up the gold market buy selling off 1 ton of his gold holdings (big deal he has at least 12 more).

So is he long on emerging markets? That is how I read this

“While the developed world is in a deep crisis, the future for the developing world is very positive,” Soros said. “The aspiration of people for an open society is very inspiring. You have people in Africa lining up for many hours when they are given an opportunity to vote. Dictators have been overthrown. It is very encouraging for freedom and growth.”

If he is then I am doing my happy dance! He has great influence and may have tipped his hand in his old age. One of his companies funds the daily Beast so I always say hmmmm. He is also funding the occupy movement now. Not the original movement when they were protesting the Fed, the latter one. There is an article floating around today on Soros which is actually from April talking about uprising of the middle class, clashes and fascism a vision of things that came? Again I digress.

So with the break up of the EU he would stand to win short term but lose long term, as he is for the one world currency. So, is he hinting at a one world currency or a change on the valuing of the currencies when he says this

“In the crisis period, the impossible becomes possible,” Soros said. “The European Union could regain its luster. I’m hopeful that the United States, as a political entity, will pass a very severe test and actually strengthen the institution.”

I will have to think on this some more. Knowing George something else will be out shortly. I will keep an eye out, it will give more insight. I like his stance though. It could mean a higher rate than we thought originally...........

Edited January 25, 2012 by Abarvets

[Stryker365]

CrappieShark, After reading your post about 4 times now I believe I took some of your comments out of contents and I am very sorry. I hope that you except my apology...I took my anger of others out on you and that was not fair to you....I still don't think Ron Paul is the answer tho.....he wants everything abolished........just look what his son did at the airport the other day....they both want the TSA gone...these people are the ones that keep our planes from being flown into more buildings......enough, I'm getting off track.....sorry again

Abarvets, I will add my 2 dinars in on this but I'll send you a PM to tell you where I post it but thanks for your view on this..

[GinaG]

[Abarvets]

CrappieShark, After reading your post about 4 times now I believe I took some of your comments out of contents and I am very sorry. I hope that you except my apology...I took my anger of others out on you and that was not fair to you....I still don't think Ron Paul is the answer tho.....he wants everything abolished........just look what his son did at the airport the other day....they both want the TSA gone...these people are the ones that keep our planes from being flown into more buildings......enough, I'm getting off track.....sorry again

Abarvets, I will add my 2 dinars in on this but I'll send you a PM to tell you where I post it but thanks for your view on this..

Look forward to hearing from you.