Category Archives: Economic Situation

George Soros Predict Devaluation Of Pound In The Stock Market

George Soros is a Hungarian-born man who has achieved lots of success in his life. Soros is a man of diverse talents who has been mostly working to better the lives of people. He undertook his higher level education at the School of Economics in London, where he graduated with first class honors. Soros later settled in America, where he decided to use his expertise in business, a scenario that led him to establish an international investment fund, in which he acted as the president.

For more than 30 years, George Soros have been funding GoFundMe to provide a sustainable and enabling environment for the needy. His first humanitarian move was witnessed when he financed black students to attend the University of Cape Town in South Africa. Billionaire Soros is a self-tailored investor who has accomplished the best in life out of his personal interests. He is the president and the founder of Open Society Foundations and the Soros Fund Management.

George Soros success has also been contributed by his dedication and commitments on towards offering quality services to his customers. George Soros is an experienced investor who provides consultation services to his clients and assets management at affordable prices. According to Open Society Foundations report, the company is already operating in more than 100 countries. For more information on the life of billionaire George Soros, open the following link

Recently, made a publication on the achievements of George Soros in the stock exchange markets. George Soros made another prophecy regarding the trend and performance of Britain in the stock exchange, a prediction that came to be true. In 2008, George Soros predicted the economic crisis that would hit most of the investors and companies in the market, a scenario that made him hit the headlines over and over again.

George Soros had predicted that Britain was about to be forced on currency devaluation on, and more likely exit from ERM. Later, Lamont made a liberation that announced the departure of Britain in ERM. George Soros is one of the famous investors in the financial markets all over the world. Soros has been investing a lot of funds in the stock markets, an instance that has been awarding him huge returns.

George Soros had highly invested on the devaluation of the pounds by more than $15 billion dollars, an investment plan that George Soros termed as the Quantum Fund. After the exit of Britain in ERM and the currency devaluation, George Soros managed to take home an extra $4 billion dollars, as the Quantum Fund rose up to $19 billion dollars.

In the long run, the Quantum Fund recorded another rise to $20 billion dollars. George Soros has been helping investors by advising them on the right time to make investments. Open to read more on George Soros predictions.

George Soros Predicts Economic Troubles Ahead

George Soros, a leading investor and financial expert, has recently urged that investors use caution at an economic forum in Sri Lanka. George Soros adds that the recent economic issues in China are going to have a global impact and the results could be disastrous.

One of the challenges that the global financial market will soon have to face is the transition to a positive interest rate economy. Since the global downturn in 2008 on, the world has been operating at near 0 interest rates. While the rates were originally intended to spur economic grown and help stop a recession, the rates could not last forever and many economies will struggle as the rates increase.

George Soros states that the current financial climate is very similar to the financial climate of pre-2008. With China’s financial struggles as they continue to devalue their currency, stock and commodity markets are taking severe blows. While some would contend that the issues are not that serious, Soros states that the adjustment problem in China could amount to a crisis. George Soros continues to say that the financial markets today are in a similar position that they were in 2008 before the market crash. This year alone the stock market has seen unparalleled volatility and many investors are becoming increasingly more nervous. While George Soros admits that his predictions don’t always come to pass, the current financial climate suggests that the concerns that investors have may be warranted, particularly with the economic struggle that China is currently seeing.

China’s devaluation of the Yuan has sparked a lot of financial debate on of the last few years. Their sudden and unexpected measures to devalue the Yuan have caught many countries and economic experts by surprise. Analysis’s say that China’s devaluation marks a shift in the fundamental heart of their economy. The move is in line to help them reform towards a market-oriented economy rather than a production economy. However, some believe that the devaluation of their currency is a desperate attempt to combat the sharp fall in recent Chinese exports. This is a sore subject for US politicians, as many believe that China has already been keeping their currency at artificially low values in order to have an export edge against the US.

George Soros is an investment expert with more than 50 years of experience managing successful investments. His hedge-fund firm has had a consistently high rate of return, with an average rate of around 20% in the last 50 years. Other than his investment ventures, Soros is lauded for his significant charitable donations and initiatives. In his lifetime, Soros has given billions of dollars to charitable initiatives and foundations. Soros is also the author of more than a dozen books. One of his most famous works is The Tragedy of the European Union (2014). His contributions to the financial world are notable.

George Soros Predicts The Second Global Slowdown To Match 2008

The legendary hedge fund manager George Soros has recently been explaining his thoughts on why he believes a second major global slowdown is waiting just around the corner. Soros was detailing the full extent of the problems the global economy is facing in an interview published by Bloomberg that took place at an economic forum in Sri Lanka attended by some of the world’s best known financial experts; Soros took the opportunity to explain just why he believes this is the wrong time for investors to seek new opportunities on global markets, according to Bloomberg.

George Soros places many of the problems being seen in Europe and around the world firmly on the shoulders of Russian premier Vladimir Putin and his desire to cling on to power in his country. 2017 should see the first major issues seen in Russia during the rule of Putin, which will include problems with the maturing of major debts built up over the last two decades, and lowered oil prices throughout the world. Soros has been vocal in his criticism of the Putin regime, which has led to his Open Society Foundations charity being banned from operating within the country for security reasons, CNBC reports. The view of Soros that Russia is driving the refugee crisis in Europe with its continued bombing of civilian targets in Syria has the power to bring down the entire European Union is shared by German Chancellor Angela Merkel, and a growing band of financial and political experts around the world.

Russia is not the only area of the world to be experiencing major difficulties with its economy, which it would rather keep hidden. In the Bloomberg interview the issues facing the Chinese economy were discussed at great detail, including the changing face of one of the world’s most important economies; George Soros explained the Chinese economy has recently shifted from a manufacturing and investment base to one driven by the service industry and consumption. In the view of the man credited with causing the devaluation of the British Pound in 1992 Chinese economic officials have so far failed to handle the problems they face in the correct way; George Soros explained continuing to push more currency into the economy and lower interest rates would push the global economy to the brink of a 2008 style collapse.

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