There is not a financial crisis on today, but this is still a concern for people like George Soros. He is a billionaire who has made a lot of money on investing, but he is also very interested in global politics. George Soros wants to make sure that every country in the world is making the right decisions, and he does not think that that can happen unless countries are informed of how close they are coming to repeating history. He talked to Politico about how the world economy today mirrors the world economy in 2008, his fears about a global crisis and what can be done to stop it.
Wasting time getting to problems is a really big problem in Europe and China. George Soros has invested all over the world, but he also lives in Europe where he can see financial problems play out. The Greek debt crisis was so bad that is nearly bankrupted a country, but the EU did not move very fast to do anything about it. That was such an issue that Greece is still recovering to this day. George Soros is talking to the press and as many leaders as he can to make sure they will not wait to deal with financial issues today.
Read more: Politico Talks To George Soros About The Current Financial Crisis
China is a great place to invest because it has been growing for a long time, but there is no way for people to invest if China cannot keep up with their growth projections. China is supposed to be growing at a fast rate, and they are not projected to do that today. China is going to be in a position where they have to protect their currency, and it is important for them to come up with a plan that can be actionable right now.
George Soros is also talking to investors about how they can make their money go farther, and he think that his lessons are going to be helpful to investors who are starting to become afraid of investing in China or the EU. Volume cannot go down too far or the global economy will stop collapsing. It is a lot like what happened in 2008, but it will be the Chinese economy that takes the biggest hit this time.
George Soros knows a lot about how the economy functions, and he works a lot in political circles to make sure the right leaders are in place. He has given money to political leaders who he wants to see in place to help the world stay stable, but he is still concerned that other world leaders are not listening. His desire to help the world become a better place for every investor is something that distinguishes him from others.
Read more about George Soros: