Europe on the verge of collapse: Soros | Forex Factory

  • Europe on the verge of collapse: Soros

    From cnbc.com

    Billionaire financier George Soros has warned that the European Union is on the "verge of collapse" over the migrant crisis and is in "danger of kicking the ball further up the hill" in its management of the issue which has seen more than a million migrants and refugees arrive in the region in 2015. In an interview with the New York Review of Books, Soros added that the German Chancellor Angela Merkel is key to solving the crisis. Merkel led Europe's response to the migrant crisis, opening Germany to the refugees that had travelled from the Middle East, in particular Syria, to try and find a new home in Europe. The ... (full story)

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Davit
Jan 22, 2016 3:57am
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Quoting Guest
1 million migrants? EU has 500 million people, that is equivalent to 1 migrant per 50000 European. Are you sure it is the migrants or something else? What about the crude oil price, or perhaps the strong USD has something to do. Most EU countries only trade between themselves, like keeping it inside the family. US, China, Japan etc on the other hand has trading partnership with the whole world. Just blaming the minority is an excuse to hide the failure of the EU government. Media has convinced the majority to blame the migrants for all the failure....
Your assessment is wrong!
Migrants are almost 90% heading to Germany,France but mainly Germany now.Who wants to go to Spain, Greece or Portugal where unemployment is 30%
Therefore this issue hits on very nerve of EU economic power.Issue is even deeper because most of the migrants REFUSE to integrate into European values instead prefer creating shithole ghettos reminiscent of shithole places they came from.
France alone has over 700 no go zones where police even refuse to go in.That's significant chunk of land annexation...
Add that over 70% rapes in Sweden,Norway are committed by Muslims (look up PC police) then you have serious social issues....This is going to explode huge very soon in ugly way.
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theforexpert
Jan 22, 2016 5:58am
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Quoting laszlo-1
1 (million) to 500 (million) makes:
1 migrant per 500 Europeans. So your math is 100 fold out...
A quick lookup on Google shows that even the figure quoted as Europe's population is wrong in the first place. Says the continent has 742.5 million heads and that was in 2013.
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attrium
Jan 22, 2016 6:00pm
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This article is a load of crap.
The way I see it, they are trying to save Merkel's ass. After all she was the one who invited those people into the country and now the article sais that she has warned about how bad could things turn out.
It is not the Germans, it is their retarded spineless politicians are the cause of all the doom. No wait, - it actually is the German's fault. They are the ones who let those worms lead them into peril...
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laszlo-1
Jan 22, 2016 5:10am
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Quoting Guest
1 million migrants? EU has 500 million people, that is equivalent to 1 migrant per 50000 European.
1 (million) to 500 (million) makes:
1 migrant per 500 Europeans. So your math is 100 fold out...
Reply
laszlo-1
Jan 22, 2016 10:35am
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Quoting theforexpert
A quick lookup on Google shows that even the figure quoted as Europe's population is wrong in the first place. Says the continent has 742.5 million heads and that was in 2013.
The guest was right about the population of the EU. It is about 500M, just his/her calculation was out.

Not the all continent is part of the EU.
Wikipedia:
"The demographics of the European Union show a highly populated, culturally diverse union of 28 member states. As of 1 January 2015, the population of the EU is about 508.2 million people"
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Bakker
Jan 21, 2016 11:14am
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Bad news, but Eur is climbing??
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Rtm
Jan 21, 2016 11:48am
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EURUSD going to 1.0000
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michaelpelly
Jan 21, 2016 8:35pm
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Quoting Rtm
EURUSD going to 1.0000
When?!
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Rtm
Jan 22, 2016 2:06am — Edited
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Quoting michaelpelly
When?!
spring time, ill let you know if anything changes
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Goldflake
Jan 21, 2016 1:53pm
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Seriously good if it collapses for investors...
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csubbra
Jan 21, 2016 8:47pm
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don't listen to all this bullshits. manage your risk properly...
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KumoBreaker
Jan 21, 2016 11:32am
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so ............... rros !!
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Zer0sum
Jan 21, 2016 1:55pm
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Soros began his US trading career as a rare European analyst... when European markets were still very exotic and little understood on Wall Street. Soros is the best global macro analyst of all-time, but you never know if he's misdirecting you.

At least he didn't force his dog to speak Chinese like Jim Rogers.
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Zer0sum
Jan 22, 2016 5:53am
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Quoting Davit
France alone has over 700 no go zones where police even refuse to go in. That's significant chunk of land annexation... over 70% rapes in Sweden, Norway are committed by Muslims.
It takes a village to raise a rapist.
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pippiphooray
Jan 22, 2016 7:02am
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=GS short EUR/USD
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Trader#41E0
Jan 21, 2016 8:58pm
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1 million migrants? EU has 500 million people, that is equivalent to 1 migrant per 50000 European. Are you sure it is the migrants or something else? What about the crude oil price, or perhaps the strong USD has something to do. Most EU countries only trade between themselves, like keeping it inside the family. US, China, Japan etc on the other hand has trading partnership with the whole world. Just blaming the minority is an excuse to hide the failure of the EU government. Media has convinced the majority to blame the migrants for all the failure. I am not against Soros as everybody has their own hidden agenda and they will say or do whatever it takes to achieve this.
Happy trading people. Remember we are just small fishes in a very very large ocean.
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Trader#18FF
Jan 21, 2016 9:14pm
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[quote=Zer0sum;8704905]Soros began his US trading career as a rare European analyst... when European markets were still very exotic and little understood on Wall Street. Soros is the best global macro analyst of all-time, but you never know if he's misdirecting you.

he is ALWAYS misdirecting you. There are always other motives for these kind of reports. trade the markets and listen to the news timing BUT do not always believe the news or what YOU think it means. The market moves as needed and is quite predictable in short term trades.
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Hurst
Jan 22, 2016 8:57am
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bollocks
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DnettTrader
Jan 22, 2016 7:20pm
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Just follow the trend,short for usdcad. And,go short for eurusd because EU hve a bad news,migrants... Not strange for this..
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Trader#1A7E
Jan 21, 2016 11:22am
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today movement is really strange....CAD, and EUR...big loss for today...why am i still trading???
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Trader#0A43
Jan 22, 2016 3:32am
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Quoting Guest
1 million migrants? EU has 500 million people, that is equivalent to 1 migrant per 50000 European.
Do your calculations again, your results are completely wrong.
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Trader#AF1E
Jan 22, 2016 7:12pm
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Yes,short for EURUSD for Europe situation. And,very strange for USDCAD but just follow the trend,short for USDCAD too. Haha,for this i got a big profit this week. Dont be angry,hehee...
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