Monday, June 27, 2016

Soros: "Disintegration of the EU Practically Irreversible"

The anti-globalist secessionist movement has serious momentum and billionaire stock trader and backroom globalist agitator George Soros knows it.

He recently took a large position in gold that profited handsomely from Brexit, and he writes today in an essay on the "catastrophic," from his perspective, consequences of Brexit:
Now the catastrophic scenario that many feared has materialized, making the disintegration of the EU practically irreversible... 
Brexit will open the floodgates for other anti-European forces within the Union. Indeed, no sooner was the referendum’s outcome announced than France’s National Front issued a call for “Frexit,” while Dutch populist Geert Wilders promoted “Nexit.”Moreover, the UK itself may not survive. Scotland, which voted overwhelmingly to remain in the EU, can be expected to make another attempt to gain its independence, and some officials in Northern Ireland, where voters also backed Remain, have already called for unification with the Republic of Ireland.
Soros stabbed his fellow elitist, Angela Merkel, in the back when describing explaining the Brexit victory:
 The answer could be seen in opinion polls in the months leading up to the “Brexit” referendum. The European migration crisis and the Brexit debate fed on each other. The “Leave” campaign exploited the deteriorating refugee situation – symbolized by frightening images of thousands of asylum-seekers concentrating in Calais, desperate to enter Britain by any means necessary – to stoke fear of “uncontrolled” immigration from other EU member states. And the European authorities delayed important decisions on refugee policy in order to avoid a negative effect on the British referendum vote, thereby perpetuating scenes of chaos like the one in Calais.

German Chancellor Angela Merkel’s decision to open her country’s doors wide to refugees was an inspiring gesture, but it was not properly thought out, because it ignored the pull factor. A sudden influx of asylum-seekers disrupted people in their everyday lives across the EU.

The lack of adequate controls, moreover, created panic, affecting everyone: the local population, the authorities in charge of public safety, and the refugees themselves. It has also paved the way for the rapid rise of xenophobic anti-European parties – such as the UK Independence Party, which spearheaded the Leave campaign – as national governments and European institutions seem incapable of handling the crisis.
He concluded with a  call for his fellow elitists and useful idiots to  attempt a restructuring to save the EU, which of course would keep his backroom globalist vision alive:
That is where we are today. All of Europe, including Britain, would suffer from the loss of the common market and the loss of common values that the EU was designed to protect. Yet the EU truly has broken down and ceased to satisfy its citizens’ needs and aspirations. It is heading for a disorderly disintegration that will leave Europe worse off than where it would have been had the EU not been brought into existence.
But we must not give up. Admittedly, the EU is a flawed construction. After Brexit, all of us who believe in the values and principles that the EU was designed to uphold must band together to save it by thoroughly reconstructing it. I am convinced that as the consequences of Brexit unfold in the weeks and months ahead, more and more people will join us.


  1. Greenspan just supported a return to a Gold Standard of 1870-1913 (pre fractional reserved gold standard) on Bloomberg.

  2. So Soros wants to see the EU metastasize, but he is voting against it (with his investments)? I don't get it.

    1. That's not an inconsistency. I would like to see the Fed shutdown, but it would be foolish for me to trade as if it was.

    2. Wouldn't it be the reverse in this case? You wanting the Fed to stay but investing as if it was going to be shut down?

  3. When the cows with full teats start leaving the field, the other cows who don't want sore, over-sucked teats have to follow. The hungry calves either have to leave to search for other teats, or they stand around and cry.