Online:
Visits:
Stories:
Profile image
By silveristhenew (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

George Soros Warns “No Exaggeration” That China-US On “Threshold Of World War 3″

Thursday, May 21, 2015 23:42
% of readers think this story is Fact. Add your two cents.

(Before It's News)

While admitting that reaching agreement between the two countries will be difficult to achieve, George Soros – speaking at The World Bank’s Bretton Woods conference this week – warned that unless the U.S. makes ‘major concessions’ and allows China’s currency to join the IMF’s basket of currencies, “there is a real danger China will align itself with Russia politically and militarily, and then the threat of world war becomes real.”

Much in global geopolitics depends on the health and trajectory of the Chinese economy, was the undertone of George Soros’ comments as he spoke this week, but as MarketWatch reports,

Billionaire investor George Soros said flatly that he’s concerned about the possibility of another world war.

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.

To avoid this scenario, Soros called on the U.S. to make a “major concession” and allow China’s currency to join the International Monetary Fund’s basket of currencies. This would make the yuan a potential rival to the dollar as a global reserve currency.

In return, China would have to make similar major concessions to reform its economy, such as accepting the rule of law, Soros said.

Allowing China’s yuan to be a market currency would create “a binding connection” between the two systems.

An agreement along these lines will be difficult to achieve, Soros said, but the alternative is so unpleasant.

“Without it, there is a real danger that China will align itself with Russia politically and militarily, and then the threat of third world war becomes real, so it is worth trying.”

And while on the topic, Soros also spoke recently, as ValueWalk notes, on the situation in Europe…

“The European Union was a very inspiring idea to people like me,” he commented, reflecting back to when EU economies were more balanced. “It was the embodiment of the idea of an open society, like minded countries getting together and sacrificing part of their sovereignty for the common good.  It was meant to be a voluntary association of equals.”

Soros continued to say: “Because of the Euro crisis, [the E.U.] has been transformed into something radically different.” He also emphasized that over time two different classes of countries have evolved: creditors and debtors. “The debtors had difficulty meeting their obligations and this put the creditors in charge. They (the creditors) set the rules and made it very difficult for the debtors to exit their inferior status. A voluntary association of equals turned into an involuntary association of un-equals.”

While avoiding making predictions, on Greece Soros noted: “Greece is a poisonous situation. All sides have made a lot of mistakes, and there is a lot of hostility, a lot of negative sentiments…Both sides are willing to hurt the other side even if it hurts them.”

*  *  *

The billionaire investor concluded by pointing out that military spending is currently on the rise in both Russia and China, warning ominously…

“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.”






Source: http://silveristhenew.com/2015/05/21/george-soros-warns-no-exaggeration-that-china-us-on-threshold-of-world-war-3/

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Total 19 comments
  • Pray God will bring this man to the devil where he belongs! How can this sick, hideous, snake live so long!?!

    • Beaver Hunter

      By drinking children blood I understand. His head should be on a pole somewhere like Indonesia… or in the USA. But think of it this way. If Parasites like this man wasn’t around… how would you know what NOT to be in a Human being?

      What I can never understand is why can’t a drone accidentally crash into his house or people like him?

    • NM156

      You got that right brother. The queen is probably what 102??? D rockefeller is 96 or 99 and is on his 3rd heart. Bush sr. is 90 plus, and it just goes on and on. I think they have all the answers to our questions, hidden in plain sight no less, with the result being early death for you and I.

      • I read recently Rockefeller was on his 6th heart.

      • NM156

        Sarah Really?? 6th heart transplant? I guess the heart keeps rejecting the body. It must know what we know about him. :lol:

  • George Soros is a faggot.

  • hopefully an H bomb directly falls on each of the us politicians heads. They won’t be living past 90 after that. :razz:

  • Soros looks more reptilian by the day.

  • This NAZI collaborator is playing the puppet master here. Pure evil. He has no authority, no standing and is a financial fraud . . . serves the global cabal period. Water boy.

    • Doing what AshkeNAZI Jews Do Best, have everyone Fight Each Other..while they make the Shekels and Hide in Switzerland

  • Some people just love to watch the world burn. Who died and left this dude boss?

    • Beaver Hunter

      Using common sense you are probably right. Somebody died who tried to stop him. But, as can be proven, he gained his wealth with a pocket full of politicians worldwide.

  • King Henry ‘n’ Ninth ~ Knight ‘n’ Her Ninny

    The Kissing Germ ~ This King Merges

  • Soros is a prime example of how low you can sink and still draw breath as a human. The problem with monsters is, they look just like the rest of us.

  • Georgey boy needs to quit worrying about the world’s money, and simply pay his $7-Billion in back-taxes that he thinks he won’t have to pay as soon as he crushes the free world markets again.

    Seriously, anyone listening to this old evil toad (one-of-the-three of the Bible end-game, I assume), deserves exactly the guillotining they receive.

    Whatever he says we should do, we should do the exact opposite. Crush him where he stands, take all he has, and explain to him how the world is NEVER FAIR. A lesson he apparently missed in his Nazi youth upbringing.

  • Beaver Hunter

    Remember what he said here…. and then look at this A$$holes History. He walks over people, destroys their economy then steals their money and lives like a King. I hate this Pile of Crap.

    “It was the embodiment of the idea of an open society, like minded countries getting together and sacrificing part of their sovereignty for the common good. It was meant to be a voluntary association of equals.”

    What sacrifices has this turd ever done for humanity? When did he ever get his hands dirty and work with us like “EQUALS”???

    He is full of Crap and the world would be a better place without him. We cannot bury him in the Earth because it will become a toxic waste dump. We need to Cremate him and scatter his ashes in a frequently used outhouse.

    • ” like minded countries getting together and sacrificing part of their sovereignty for the common good.”

      The above is the line that really ticks me off…….

      • Beaver Hunter

        Perhaps, Before he drops dead, hopefully in some horrible way before he enters HELL, we can all chip in to build a statue in his likeness.

        He will be standing looking up to the sky and above his head he is holding a small Bird Bath in his hands. When the bird take a bath and they can also take a poop on his face and shoulders. No-one will be permitted to wash it clean as a reminder that some people are just useless Parasites.

        At the Base of this statue we can list all the “accomplishments” he did against Humanity.

        Once Completed, we can send him and his sons pictures of this Monument in his likeness.

      • Now days the can make flat head stones for graves. On the head stones, they can actually ‘draw’ or engrave the likeness or have actual pictures embedded. Then the stone lies flat on the ground at the head of the grave.

        Easy to place bird seed in embedded flower holder.

        Both ideas would work……but my idea is much less expensive……and he does owe billions in back taxes….the greedy old sell out.

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.