George Soros: It's 2008 All Over Again

Tyler Durden's picture

Surging volatility in global equity, currency, and credit markets and significant stress in a major world economy have George Soros on edge. Speaking at an economic forum in Sri Lanka, the billionaire hedge fund manager warned global markets are facing a crisis and investors need to be very cautious. On the heels of the second trading halt in four days, Soros exclaimed "I would say it amounts to a crisis... which reminds me of 2008."

 

Volatility is surging everywhere...

 

And as Bloomberg reports, Soros is worried...

Global markets are facing a crisis and investors need to be very cautious, billionaire George Soros told an economic forum in Sri Lanka on Thursday.

 

China is struggling to find a new growth model and its currency devaluation is transferring problems to the rest of the world, Soros said in Colombo. A return to positive interest rates is a challenge for the developing world, he said, adding that the current environment has similarities to 2008.

 

...

 

“China has a major adjustment problem,” Soros said. “I would say it amounts to a crisis. When I look at the financial markets there is a serious challenge which reminds me of the crisis we had in 2008.”

*  *  *

Of course, this is not the message central planners and TV anchors want the mainstream to hear. Every dip is a buying opportunity, and "long-term" is how everyone should invest... no matter that your assets dropped 20% in a week... long-term!!

How about this long-term?

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Bank_sters's picture

How is his coup going in Ukraine? I see the ruble is hitting new lows, which must please him greatly. After all the death and suffering of millions of people are simply means to an end.

WTFRLY's picture

The Joo World Order is right on schedule.

Ham-bone's picture

Central bankers can make the market dance a jig or pretty much make the numbers look however they please or dictate.  What they can’t do is create people, consumers, and grow the base of consumption that drives economies.  Central banks time is pretty much up and their parlor tricks are getting very tired.  Central banks are fighting a foe they could never defeat…and their failure is imminent.  Unfortunately, we'll pay the price for their fuckup...not them.

http://econimica.blogspot.com/2016/01/sources-of-growth-examined-and-found.html

Haus-Targaryen's picture

How long does Mr. Yellen hold rates at ,25% before dropping them back to 0? 

Ham-bone's picture

I'm looking for NIRP implementation in 2016.  q2 jawbone and effective q3?!?

VinceFostersGhost's picture

 

 

They stabbed George with their steely knives.....but they could not kill the beast.

https://www.youtube.com/watch?v=iqODbP1T3nk

americhinaman's picture

fcker is obviously short risk markets, he only talks his book.

new game's picture

hey geogey boy, it is too much debt, which u profited from. can the world return from insolvency, opps, i mean normal interest rates set by the marketplace? huh, u dup. u are the club prez and u know it can't happen or the turmoil we see would be mear flesh wound. can u just die along with about another 1000 of your buds? sudden heart attach? land mine? chainsaw? neck tie?

JRobby's picture

Fuck Soros

An endangered species

FatTony7915726's picture

Georghi Swartz the Nazi collaborator who said, "I have fond memories of that period in my life" while pulling gold teeth from his fellow hebrews after they had been Zyklon B'd!

redpill's picture

Soros doesn't do fucking public service announcements.  He must have all his shorts in place and is trying to set off the panic faster.

detached.amusement's picture

Too bad once one takes a look at the actual math, one sees that 6 million is easily double, if not triple an unrealistic number for those who met gas chambers.

runningman18's picture

I wish their time was "up" but unfortunately not.  They are engineering this crash, have been building it up since before 2008.  It is designed to make way for global economic management and a single world currency system.

gatorengineer's picture

This should be the post of the day.  Not sure this is it. But otherwise you are spot on

willwork4food's picture

You're right, this is not "it". Pretty darn close though. We just need a little ecnomic chaos with tens of thousands people dead and the others cold and hungry after they get evicted by the banks. After a few  reports of canabalism centers growing rapidly real fear will begin to creep in, and they will BEG for anything to stop the hell. That's "it".

PTR's picture

Fear.  Pfft.  I "pfft" at fear.  (Not your prognosis, but fear itself.)  Pfft.

detached.amusement's picture

just doesnt have the same ring as "bankster head on a stick"

Badsamm's picture

I really hope his death hurts a lot, and I hope it is public

Nikki Alexis's picture

Imagine that!  He has been short stocks for at least 2 years.  It's time for that multi-billion dollar pay day. 

It's all part of the grand plan.

thesonandheir's picture

As an Englishman I am suprised that this cunt is still breathing.

 

After all we got rid of Diana for cavorting with a Muslim.

detached.amusement's picture

lol that was just the icing on the cake for those who ordered it

kralizec's picture

There is a better plan...streetlights and rope.

Baby Bladeface's picture

"

After all the death and suffering of millions of people are simply means to an end."

From death and suffering draws Soros sustenance. Such nourishment provides him means to avoid an end.

This guy a quasi-animated monster movie, is Island of Lost Souls in a single entity.

fleur de lis's picture

All Soros is good for is more destruction in the midst of disaster. He has been a sleazy little peddler all his life, and no matter who he double-crosses he gets away with it. Who is his protector? It is a testament to the treachery of our leaders and the cowardice of Intel and LE that Soros has not been arrested or worse.

He must be gloating when he mentions 2008 considering he was in the thick of it and profited well. At least Maurice Strong croaked, that's one less malefactor crawling the Earth.

detached.amusement's picture

From death and suffering draws yaweh's sustinence, plus the energy rape of those who thinkits a good idea to go to the light when they die.

Son of Captain Nemo's picture

Unbelievably brilliant depiction of his life and "end"!

Brewer55's picture

Thanks. I just lost my lunch looking at the picture!

Disc Jockey's picture

George has one hideous face right?

detached.amusement's picture

its funny how that's the most putrid part of the picture

ASACJon's picture

This demoniac must know that he and his tiny collection of slime have lost firm control over things.

The 10,000+ crowds that Trump is drawing shows that the US is ripe for an actual, real shake up.  With a strong man in charge, it is entirely possible that evil fucks like György Schwarz 'Soros' will not fair so well. 

Imagine if a President Trump had the IRS fine this guy and Buffet for openly illegal 'strategies' instead of nickel and diming wage earners?

The powers that be are upping their game: A new rape train for Germany and financial ruin for all masses. 

If you're not all in on Trump 2016, you either need to stop whining about 'not having a choice' and embrace the ass rape.  Or, find your balls and do something that could lead to something better that the current predicament.

MASTER OF UNIVERSE's picture

Almost as disgusting as Clinton's washroom break.

MrNosey's picture

Don't forget that his agenda is always pushed hard by a compliant media, who make sure the public only see and hear what they want them to see and hear!

This is a another prime example of this type of under-reporting, because it does not fit the agenda......

http://beforeitsnews.com/global-unrest/2016/01/1000-depraved-migrants-ra...

katchum's picture

Fund managers collect fees and couldn't care less about returns.

Dre4dwolf's picture

The turn around at fund management institutions is so rapid no one gets pinned with the theft and the clients always get pinned with the losses thats how it works.

The average executive at fund management companies probably stay in their position less than 2 years, enough to steal a little and get out and pass the hot potato to the next exec who ponzis it up more and more, rinse repeat till it goes bust and all the " investors and creditors " get shafted.

FreedomGuy's picture

Isn't this the guy who crashed the Malaysian currency?

Well, I suppose it does make him an expert.

PTR's picture

And broke the British Pound.  As far as I know, Malaysia had a purpose of regime change involved.

GoldenDonuts's picture

How old is that piece of shit?

Dre4dwolf's picture

However old he is its too old, he should of seen the chopping block decades agao for his nazi - ism.

Instead of going to jail hes busy blowing Obama under the desk in the oval office to get more jew blood money out of the nazis.

fleur de lis's picture

Others have been destroyed for merely being related to someone, yet he gets a complete pass for his Nazi role and is furthermore allowed to spout his venom without hindrance.

CPL's picture

Overdue, but gotta let him keep scampering around so he runs to his safe houses.  Better that he's lifting the rocks and incriminating his associates and colleagues.  You know...considering he's the guy that setup the currency contagion because he is the world's master of currency leverage and cross pair trades.  It's his calling card.

And like any good detective, you follow the money.  Then you do a dragnet after your bait has finished running around like an asshole.

Son of Captain Nemo's picture

And like any good detective, you follow the money.  Then you do a dragnet after your bait has finished running around like an asshole.

And just who will be conducting that "dragnet" CPL?...  Not anybody of interest from the Justice Department in the "Nation's Crapital" in D.C. or the Hague???

The only way justice will ever be satisified with this financial war criminal monster/extraordinaire is a bullet to the head or being presented feet first to a half dozen Komodo Dragons that haven't been fed for a week!

CPL's picture

It'll happen once the cops/soldier/vets/intelligence agencies pensions bust like a pinata and it's obvious who's been looting them.  Where do you think any of them are going to hide after they piss off the men and women that guard their walls and make sure they can keep their power? They'll be fighting off the zerg hoard they funded, trained and armed with the latest technology. 

Now there are a couple of rules in history about how to NOT manage your business when running your business; especially by the proxy of large armies.

Rule one of empire building:  Don't shit in your own sandbox. 

Rule two of empire building:  Don't fuck yourself out of existence.

Rule three of empire building:  Don't bounce your checks on your security personelle.

General common sense stuff.  Any case keep watching, the academic analogue of how to never run a shadow empire is going to be highlighted in about 18 key points coming up.  I suggest taking notes.

Son of Captain Nemo's picture

CPL. Very sage advice indeed.

I just wish I had more faith in the intellect of those "that guard the Wall" only because the examples they have furnished since this happened haven't been to say the least inspirational. 

Think Kissinger got one thing right when he called all of them "dumb animals"... In what the MIC has perpetrated the last 14 years alone I think it's denigrating to dumb animals everywhere.  Better to equate the "yellow ribbons" with "pig shit"!

Anyway... Thanks for the tips!