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WASHINGTON (MarketWatch) — Billionaire investor George Soros said flatly that he’s concerned about the possibility of another world war
Much depends on the health of the Chinese economy, Soros said in remarks at a Bretton Woods conference at the World Bank.
If China’s efforts to transition to a domestic-demand led economy from an export engine falter, there is a “likelihood” that China’s rulers would foster an external conflict to keep the country together and hold on to power.
“If there is conflict between China and a military ally of the United States, like Japan, then it is not an exaggeration to say that we are on the threshold of a third world war,” Soros said.
originally posted by: infolurker
a reply to: Telos
Like Henry Kissinger, Soros is one evil old SOB in the know.
Never take his words lightly.
originally posted by: ketsuko
Soros reminds me of that Bond villain in Tomorrow Never Dies. He has the power, money and influence to crash entire economies and has just for his own power and profit, Soros that is, not the Bond villain although the same was true of him.
If Soros says we're heading for war, it's because he's in the game and sees profit in it.