Why George Soros Thinks The European Union Will Collapse

George Soros is a Hungarian Billionaire known as the father of hedge funds. He has accumulated substantial wealth and the 85-year-old spends most of his time spreading his ideologies.

Soros in a recent interview seems convinced the European Union is on the verge of collapse. Soros says German chancellor has delayed the collapse with her timely resolve of the migrant crisis.

The Migrant crisis comes hot on the heels of the Greek debt crisis that divided the European Union. The migrant crisis, Soros observed, has risked every fundamental idea of a European Union since it prevents free travel.

Some of the Paris attackers were shown to have travelled from Greece. It is an essential European Union right that is now being abused by terrorists disguised as refugees. They have taken advantage of the European Union and its structures with devastating effect.

George Soros said the decision by German to take in 1 million refugees was a step in the right direction. Soros said if given jobs and a decent home, the refugees will become productive members of the society.

George Soros says the European Union was founded on the idea of an open society. It is an idea being challenged by both nationalists and East European leaders. The Polish president and Hungarian president are already enacting measures to keep Muslims away and have launched scathing attacks against Merkel in Brussels.

In the interview, Soros said Putin took advantage of the Syrian crisis to increase the standing of Russia on a world stage. According to Soros, it made Obama look weak. Russia has already installed anti-aircraft guns in Syria, and the US must now share the airspace with Russia.

The current desire by the UK to quit the European Union is wrong. According to Soros, half of UK exports go to the European Union. It’s in its best interests to stay there.

George Soros was born in Hungary in 1930.The 85-year-old is Holocaust survivor and escaped with his family to London. Here, he studied economics at the London school of economics and later moved to New York to try his luck.

In New York, he founded Soros Fund, which was to, became the world’s largest hedge fund. He is a well-known philanthropist who founded the Open Society Foundations in 1979.It spreads the ideas of equality and peace around the world.

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