• USD 58.77 +0.02
  • EUR 69.13 -0.17
  • BRENT 63.39 +0.13%

Soros’s prediction of “Russia’s failure”: 24 days left

A prominent American tycoon, currency manipulator and political activist George Soros has predicted bankruptcy of the Putin regime in 2017. So, Russia has only 24 days left to live up to Soros’s expectations he made public as early as in February 2016.

He said the time would come for foreign debt repayment and political turmoil can come even earlier.

In an article for The Guardian Soros wrote that the fact that Putin’s approval ratings remain high is based on a social compact “compact requiring the government to deliver financial stability and a slowly but steadily rising standard of living.”

“Western sanctions, coupled with the sharp decline in the price of oil, will force the regime to fail on both counts,” Soros noted.

According to him, the Russian government would have to cut the budget deficit to 3% not to let the inflation rate grow. This and other developments would affect the living standards negatively.

That is why, Soros continued, in order to divert from collapse Putin would make the European Union collapse even earlier. To do this the best task is to flood the EU with refugees from Syria.

For obvious reasons, Soros did not remind that refugees from the Middle East and North Africa are being illegally brought to the EU by organizations this or that way controlled by his foundation.

Permalink: eadaily.com/en/news/2017/12/07/soross-prediction-of-russias-failure-24-days-left
Published on December 7th, 2017 02:15 PM
All news

14.12.2017

13.12.2017

12.12.2017

11.12.2017

09.12.2017

08.12.2017

07.12.2017

Show more news
December 2017
262728293012
3456789
10111213141516
17181920212223
24252627282930
31123456
Facebook
Twitter
Information
Press «Like», to read
EurAsia Daily in Facebook
Press «Follow», to read
EurAsia Daily in VK
Thank you, don't show this to me again