Friday, January 20, 2017

Soros believes Brexit will fail as will Donald Trump

Today's Guardian carries a piece on comments made yesterday by Gerorge Soros in Davos.

Below are the opening paragraphs plus a link to the article.

Theresa May will not remain in power long as Brexit cripples her government, while Donald Trump is a “would-be dictator” who is “going to fail”, the billionaire investor George Soros has told the Davos world economic forum.

On the eve of Trump’s inauguration as president, Soros delivered a scathing assessment, saying the “impostor and con-man” was “gearing up for a trade war” which would have “a very far-reaching effect in Europe and other parts of the world”.

The “would-be-dictator … didn’t expect to win, he was surprised”, Soros told an audience of business leaders and journalists in Davos where the World Economic Forum is being held.
“I personally have confidence that he’s going to fail … because his ideas that guide him are inherently self-contradictory,” added Soros, who was a supporter of Trump’s Democratic rival Hillary Clinton during the 2016 US presidential election campaign.

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