George Soros Remembers What It Was Like In 2008
George Soros has been a billionaire for a long time, and he has spent every day of his professional life watching the world economy. He knows what it does, and he can see when it is not going in the way that people want it to. He also knows that it was fairly wild in 2008 when the world economy fell apart. He is talking to people today about how it looks pretty similar, and he is wondering if anyone is going to wake up to the reality that it is very much like 2008.
George Soros started talking to Bloomberg about the subject it is the largest financial network talking to one of the richest people in the world. He knows that people think that 2008 was a long time ago, but these people are forgetting that financial patterns repeat themselves. Someone in 2008 would have noticed that China was having problems with its currency, and there were problems with debt in Europe.
Those same things are happening today, but the American dollar on http://latino.foxnews.com/latino/politics/2016/03/10/billionaire-smackdown-george-soros-funds-effort-to-stop-trump-mobilize-latinos/ is a little higher than it was in 2008. The other similarities are so strong that people cannot possibly miss them, but George Soros thinks that people are just ignoring these similarities because they do not want to face the truth. The issue at hand is that people have to remember what it was like in 2008, or they have to study the markets. George Soros studies the markets, and he makes sure that he knows when he sees patterns emerge from long ago.
The problems in China are something that people are going to notice because China is such a big economy. That also means that these people need to make sure that they are watching the way the yuan is going in China. The Chinese government on https://www.project-syndicate.org/columnist/george-soros is coming up with a brand new way of growing their economy, but it is going to be impossible for these people to know if it will work. That is why so many people are shying away from China.
George Soros wants people to have more faith in the economy because he wants them to look out there and see that they have a lot of possibilities if they would just take a chance on the things that they know will pay off for them. There are issues in China that can be resolved, and there are debt problems in Europe that can be fixed if people are willing to help refugees.
There are a lot of problems in the world today that George Soros has called attention to, and he wants people to take action. Mr. Soros wants other people to step to help the world economy get better, and he does not want 2008 to repeat itself. He lost a lot of his own value that day, and he does not want people to repeat that just because they did not see that 2008 was so much like today. Repeating financial history can be avoided with wisdom.