11 Timely Insights From George Soros On The Economy

The Criminal Kingpin of finances, have spoken....the public runs like the photographers and reporters around AlCapone , admiring him.....what did he say??....what did he say????....

Soros claims to be a champion of freedom.
The very thing that would allow individuals economic self determenation, which is a sound currency, he abhors.
When Adulthood is achieved the individual has the right to choose how to live using the fruits of ones labor. Life is a journey, but each soul has free choice to live it as they wish.

A debased currency ruins the savings efforts of those who choose to stand on their own two feet. If you earned it, is it not for the indivual to decide whether to save or to spend.

Why are those in positions of power so determined to rule over others?

We have the difference today between those who rule by service, or those who rule by control.

What is freedom? Nature brought the individual into existence. It is nature who gave you the right to be here.

It is Nature that gave you the power to be a whole person, complete as you are from your birth.

Yet todays society demands that you bow to it and serve the special dictates of those who rule. Is this not a perversity.

Rule yourself first, before claiming the rule of others.

...........and your point is?????????????.................

If nature gave you life (supposedly) and nature give you rights, maybe you should go live in a forest and not in a society.

Since you are in a society right now - you should do a reality check and understand that you have most of what you have, due to society????

That should mess up your sence of "who gives you life", since if nature makes you a whole person - what do you use your brain for??

@polka

"you have most of what you have, due to society"

You are making the mistake that nearly all statists make. You are attributing the standard of living we enjoy to the political apparatus that sponges off us. Most of what we have was brought to us by the market. We paid for it and it is ours. The only role the state played was to enforce the protection of the rights of individuals (property rights, safety and peace) to enable entrepreneurs to bring us these things unmolested.

Now that we have them, lazy unproductive beaureaucrats want us to believe that they are responsible for what we have, and they are entitled to their "fair" share. The law, instead of protecting our rights is now violating them.

The point is that you are an individual, presumably an adult, and responsible for your own life.
With that adulthood comes the responsibility of paying your own way.

Polka you can live any way you choose. But if you believe that your choice of life has preeminence over the way I choose to live, then we are going to have a very large disagreement.

PQA123 I fully endorse your true and accurate comments.

As for the Untimely remarks of Soros - he is 12 months behind those who spoke out last year - he's far behind and off the pace. This is the Soros that sold out of gold earlier this year! How wise can this man be?
He also has a shallow analysis of the markets. He's right when he identifies that over the short term emotion and perceptions often override fundamentals. But he's wrong to say current markets prove efficient market theory wrong. To have an efficient market it needs to be free from powerful manipulators, we haven't had that. US Govt agencies backed subprime mortgage lending so it boomed. Same happened in Uk and elsewhere. The forex markets are full of Govt manipulation and interventions (the Euro bounces around, bouyed up on every ECB, ESFS, foray into bonds.) Soros is wrong again - efficient market theory hasn't failed because we've never tried true free markets. What has failed is state manipulation of markets. Every state intervention (with their endless Ponzi schemes) leads to boom and bust. Time to retire George.