george soros is that dob los and he is giving huge warnings for the rest of the
financial community and to about political leaders
not that anybody a listen to him but say hey
where in much worse shape than you realize and european union is in
terrible shape annual likely break-up night here are some of his quotes
uh... european leaders had little understanding of how financial margus
really work
and did
everything wrong
it but it's not encouraging
a lot of the conservatives in this country our guests or us cuz he gives a
you know some liberal groups he fought communism what a lead
for many years to some causes now that a progressive etcetera
uh... but the reality is george soros is a financial speculate right
we have pretty good evidence that he does have a financial martyrs work
disease made
billions off of that
pretty these events
whatever its someone else's all right winger at his window as other markets
the republicans at all
look at those fire no job
when the weather what every says what is sort of like out embellish stalls and
don't let me tell you about finance
uh...
george soros continues
without a clear game plan europe or remain mired in a larger vicious circle
there which economic decline and political victory should continue to
reinforce one another
that's not really heart-warming
is originally from hungry hungry right now he thinks is one of those situations
where they're getting a more and more militaristic authoritarian right wing
government
uh... that as a people
are legitimately mad about what their governors on
the government clamps down on them more it's a vicious cycle an economy doesn't
get any better from a can only gets worse
uh... so it's a dark future we have a red if it goes in that direction
uh... soros also said
the best-case scenario is a deflationary environment
the worst-case scenario
as a collapse of the financial system
anything so worst case scenario is not unlikely
meaning that there's a decent chance that we we had that iceberg in we hit it
hard
best-case scenarios all your savings that you saved up sad day for you
when abby play shin
not only not gonna be able to live off of it but they're gonna be continually
losing value
by their one of the reasons we have that wine because the banks in the those
loans from the pad
and from the european central bank
at nearly zero percent interest rate
they got out of the money the they're hooked on it and so the government's own
all given to me and almost zero percent
his if i pay more that i won't be able to be my debt
so make that creates
deflationary cycle
but who suffers
the people who did nothing's boatright
the most
the guys who say the guys who are responsible the guys who were concerned
that it
and said hey you know what i would say about my money in the middle of all the
bad when i retire
well too bad may not make any of his love it
because the governments are hooked on that
and the banks lou
lol their the their amorous in getting that free money so you're screwed
and that's the best case scenario reports this is the area was not about
works the best collapse the financial system collapses
and went to a great depression when we've never seen before
i got one more quote for you from george soros
so you think that's bad well as quote from soros
you'll be excuse for cracking down
mcgovern's will use this collapse
and using strong-arm tactics to maintain law and order which carried to an
extreme could bring about repressive
political system
so the news doesn't really get
to go and from there on
uh... he is putting out major warning signs i'd totally agree with them and by
the way despair milken's included with the
we never got a dime from soros about a bone still but but
in ever call great
we just have a degree with them
not like newt gingrich's showman adults are
happened did agree info i think he's right on this i see the same things that
he sees i see the deflation
which by the way in
i know i cannot miss is complicated
but then could at some point if things go really south
sprinted huge inflation
surveying his foot on both sides
let's hope that sources wrong let's hope that i'm wrong
we see disaster on the horizon
i don't know how far out it is
you know i'll tell you something interesting
one of things that makes me worry
is that
mick jagger is leaving make this a wide used only a sad side and you are about
it
yeah of course
ike he can't leave a day to earlier i get out d neat right
but one of the result of our aid is
if the bank seated there man in washington that's their quote about tim
geithner
them and i want his living
they might think
area of allies bail out before he leaves because we don't know who's gonna
replace
in which case they might you know
i think they're inevitably going to collapse so the only question is when
and they might think will better before guide their lease
which would mean that it was quicker
khobor