Chitchat Brexit is just the tip of iceberg, Soros say EU will collapse

http://www.express.co.uk/news/world...erendum-European-Union-George-Soros-investors


EU collapse is now 'practically IRREVERSIBLE' after Brexit, says George Soros

BRITAIN'S decision to break away from the EU makes the eventual dissolution of the EU 'practically irreversible', George Soros has claimed.
By EMILY FOX
04:07, Mon, Jun 27, 2016 | UPDATED: 08:00, Mon, Jun 27, 2016


George Soros claims Brexit means EU collapse is 'practically irreversible'
The billionaire, known as the man who broke the Bank of England, has said that Brexit is the final nail in the coffin for the EU.

He said the UK's split from the EU is likely to hasten the break-up of the 28 member bloc, to be 27 after UK exit.

He said:"The consequences for the real economy will be comparable to the financial crisis of 2007-2008 but the implications for Europe could be far worse.

"Tensions among member states have reached breaking point, not only over refugees but also as a result of exceptional strains between creditor and debtor countries within the eurozone."

Mr Soros made around £690million after his infamous bet that sterling was overvalued against the Deutsche Mark, which forced former Prime Minister John Major to pull the pound out of the European Exchange Rate Mechanism (ERM).

And now Soros appears to be profiting from the turmoil stemming from Britain's vote.

On Friday, investors, including Soros rushed to buy gold which pushed its price to a two year high because both the pound and the FTSE 100 fell sharply in the hours following the result.

Soros added: "Brexit will open the floodgates for other anti-European forces within the Union."

Already, political opposition is growing in other countries opposed to further European integration.

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Barely a day after the U.K. referendum, parties in places like the Netherlands and Austria suggested they might hold votes of their own.

Soros claimed the largest threat in Europe also comes from Italy, where the populist Five Star Movement may rise to power as a "full blown banking crisis" looms.

He added that the EU was a "flawed construction."

The honorable LKY said exactly the same thing.

How often is Mr LKY 100% accurate in what he said?

1. " You marry a non-graduate, then you are going to worry if your son or daughter is going to make it to the university."

2. In 1967, Mr LKY said:" That every society has approximately 5 percent of the population who are more than ordinarily endowed physically and mentally and in whom we must extend our limited and slender resources in order that they will provide that yeast, that ferment, that catalyst in our society which alone will ensure that Singapore shall maintain its pre-eminent place in the societies that exist in South and Southeast Asia." If truth be told, the PAP's neglect of the poor may have come directly from this personal philosophy of Mr LKY.

3. In 1969, Mr LKY also said that:"Our problem is how to devise a system of disincentives, so that the irresponsible, the social delinquents, do not believe that all they have to do is to produce their children and the government then owes them and their children sufficient food, medicine, housing, education and jobs. So we must encourage those who earn less than $200 per month and cannot afford to nurture and educate many children never to have more than two."

4.In 1997, Mr LKY said this in his book-The Man & His Ideas:"The Bell curve is a fact of life. The blacks on average score 85 per cent on IQ and it is accurate, nothing to do with culture. The whites score on average 100. Asians score more ... the Bell curve authors put it at least 10 points higher. These are realities that, if you do not accept, will lead to frustration because you will be spending money on wrong assumptions and the results cannot follow."

5. And in 1987, he said this:"I am often accused of interfering in the private lives of citizens. Yes, if I did not, had I not done that, we wouldn't be here today. And I say without the slightest remorse, that we wouldn't be here, we would not have made economic progress, if we had not intervened on very personal matters - who your neighbour is, how you live, the noise you make, how you spit, or what language you use. We decide what is right. Never mind what the people think."

I am not against or for what Mr LKY had said. Just raising a simple question in my mind.

He was 100% accurate. He was one of the greatest men that have ever walked this earth.

Leongsam said:

He was 100% accurate. He was one of the greatest men that have ever walked this earth.

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Yet he sired a "dishonourable son".

Reddog said:

Yet he sired a "dishonourable son".

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The sperm bank should ask the father to donate a large amount of his sperm.

how ironic in his supreme belief in the superior elite of humanity yet in the end,he still needed to import hundreds and hundreds of thousands of pinoys and bangalas and viets and indos and mymars and m&ds and other dubious third world trash in order to build his country,drive his buses and power his economy,without which he would not have a 300 bil gdp economy and his vast army of scholar generals,ministars,mps,glc ceos would not be able to enjoy their million dollar salaries and perks.if his so called physically and mentally endowed was so talented surely they could generate economic growth without having to rely on one or two million cheap labour and foreigners.

PAP are the pigs exploiting the labour and hard work of the animals on animal farm,claiming pigs to be superior.nothing but a elaborate lie and scam.

served Lee Kuan Yew good
he has 2 "gong soon" (stupid grandchildren) and one of them is albino and confirmed no sperm.

His "stop at 2" policy has caused a population shortage leading to mass immigration. This has changed the fabric of our society.

Would he be considered successful using a team of imported labour for growth?

Meanwhile, local Singaporeans will go the way of the Orang Laut (or Aborigines )- marginalised and unwanted......

Force 136 said:

His "stop at 2" policy has caused a population shortage leading to mass immigration. This has changed the fabric of our society.

Would he be considered successful using a team of imported labour for growth?

Meanwhile, local Singaporeans will go the way of the Orang Laut (or Aborigines )- marginalised and unwanted......

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population shortage is just an excuse,they were going to mass import human beings either way just like australia and many other countries.even if our birth rate is at healthy levels,the organic population growth would have been too slow.....it would have taken us 20 years at least for the population to grow from 4 million to 5 million naturally.which would have been great since we get to delay the problem of overcrowding temporarily.

but i believe his mass immigration policy to boost the economy is failing,the gdp per capital has been falling for the past few years,in fact we have regressed back to 2011 levels.the growth is no longer quality but quantity,and no longer riding on the wave of prosperity of asia and china.

Leongsam said:

The honorable LKY said exactly the same thing.

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What so honorable abt being a zao kao for japanese invader?

Leongsam said:

He was 100% accurate. He was one of the greatest men that have ever walked this earth.

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Do you worship Lee CONS You as god?

Leongsam said:

He was 100% accurate. He was one of the greatest men that have ever walked this earth.

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talk cok leh. he predicted bremain and lost money again. soros is butthurt as fuck. just most of the billionaires all over the world who lost ~20% of their asset/stock value over brexit. they guessed wrong. they were wrong.