"I am not here to cheer you up. The situation is about as serious and difficult as I’ve experienced in my career,” Soros tells Newsweek. “We are facing an extremely difficult time, comparable in many ways to the 1930s, the Great Depression. We are facing now a general retrenchment in the developed world, which threatens to put us in a decade of more stagnation, or worse. The best-case scenario is a deflationary environment. The worst-case scenario is a collapse of the financial system.”
"As anger rises, riots on the streets of American cities are inevitable. “Yes, yes, yes,” he says. The response to the unrest could be more damaging than the violence itself. “It will be an excuse for cracking down and using strong-arm tactics to maintain law and order, which, carried to an extreme, could bring about a repressive political system, a society where individual liberty is much more constrained, which would be a break with the tradition of the United States.”
Should you listen to this voice? After all it is George Soros, the subject of many a conspircy theory. So of course take it for what its worth. I happen to believe that he is genuine with this prediction. We are entering an incredibly dangerous period in not only this nation but the entire global system. A centrally controlled ponzi that was constructed to benefit a power base designed for control of the world monetary system created a disparate wealth gap that is coming back to haunt them. Tremendous growth and technological developments propelled many nations forward over the past century but the last two decades saw a period of accelerating malinvestment in many developed nations. Instead of the newly created central bank fiat flowing into the hands of the most capable entrepreneurs and innovators.....it flowed into the hands of bloated mega-corporations and mega-banks. These hands were engaged in a systematic rape of the world's economic system. They were the worst form of parasites....ones that KILLED their host. As these mega-parasites grew in size and powere they continued to exert increasing control of the governmental levers that were designed to restrict their power and control to the point that THEY were actually pulling the levers of government....even establishing their own bankers as the presidents of sovereign nations without even an election.
A nation's government that has lost the confidence of its people will not survive. Arguing for continuation of the current crony capitalism has reached the state of absurdity. To compare this current state of affairs to free market capitalism is laughable. If you want to make that argument then by all means go ahead, but I suggest you go back and study WHY the first settlers that arrived on our shores on the Mayflower came. WHAT the system was that they left and what was being done to them. Refresh your history lesson and then note how history repeats. WATCH THE VIDEO BELOW EMERGENCY