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Euro destroying EU, and Germany should save it: Soros
Fox Business / Reuters ^ | October 15, 2012 | Manuela Badawy and Jonathan Spicer

Posted on 10/15/2012 8:12:00 PM PDT by Olog-hai

The European Union could be destroyed by the "nightmare" euro crisis, and Germany needs to take the responsibility to save the common currency, billionaire fund manager George Soros said on Monday

Soros, who made his mark as an investor on a big bet against the British pound in 1992, said the other alternative is for Germany—the eurozone's biggest economy—to simply leave the 17-member currency bloc. …

Germany should act as the leader of the union in the same that the United States did for the free world after World War Two, Soros said at a luncheon hosted by the National Association for Business Economics. …

(Excerpt) Read more at foxbusiness.com ...


TOPICS: Business/Economy; Crime/Corruption; Foreign Affairs; Germany; Government
KEYWORDS: eurobanking; eurocurrency; eussr; soros
What are you asking for, George?
1 posted on 10/15/2012 8:12:09 PM PDT by Olog-hai
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To: Olog-hai

Deutschland uber alles!

2 posted on 10/15/2012 8:17:07 PM PDT by ClearCase_guy (ua)
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To: Olog-hai; All

Scary about Soros...ao many of the people who complain about him...follow his economic advice...especially on Free Trade and Globalism

Germany needs to get out of the EU, dump the Euro, and start putting tariffs on non-competitive trading partners. If Germany truly wants to lead Europe and the EU...this is what to do

Soros and Free Trade Globalists will not agree with this...but their era is passing.

The first nation to dump Globalism, Regionalism, and Free Trade, will be the first nation to truly rebound economically.


3 posted on 10/15/2012 8:19:43 PM PDT by SeminoleCounty (Political maturity is realizing that the "R" next to someone's name does not mean "conservative")
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To: Olog-hai

Isn’t there a nation or five we could extradite this guy to?


4 posted on 10/15/2012 8:22:12 PM PDT by DoughtyOne (We should ignore the absurd peripheral, and focus on the absurd Obama. People died. He lied!)
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To: Olog-hai

Let S0r0$ save it.


5 posted on 10/15/2012 8:24:09 PM PDT by Paladin2
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To: SeminoleCounty

Germany isn’t going to “get out of” something it invented. The whole shebang, the EU itself, the euro currency, is that country writ large over the other member states. There’s a reason why the “social market economy” is written into the treaties. The euro itself is patterned after the Deutsche mark. (There’s also a reason why the European Central Bank is on German soil.)

Seems like people don’t realize that Germany is not like the USA; it is not a free market, but a social market. German economists are quite hostile to the free market, which they call the “Anglo-Saxon capitalist market”, and would like to see it gone. Whether the EU remains the vehicle to achieve that or it happens via another medium, it’ll be their plan being executed.


6 posted on 10/15/2012 8:25:11 PM PDT by Olog-hai
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To: DoughtyOne

Who wouldn’t welcome him with open arms?


7 posted on 10/15/2012 8:28:05 PM PDT by Olog-hai
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To: Olog-hai

Pay No Attention To That Man Behind the Curtain!!!!

8 posted on 10/15/2012 8:28:20 PM PDT by KC_Lion ( Wherever I find myself standing, I forever stand with Israel.)
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To: Olog-hai

We should petition Romney when he’s in the White House to have Soros arrested for economic terrorism and extradited to Russia. Putin would have him breaking rocks in the gulag where he belongs.


9 posted on 10/15/2012 8:31:46 PM PDT by Viennacon
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To: Olog-hai

He’s likely asking Germany to save him. It’s my understanding that bet big on the Euro and will probably lose billions if it goes under.


10 posted on 10/15/2012 8:33:52 PM PDT by Jonty30 (What Islam and secularism have in common is that they are both death cults.)
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To: Olog-hai

11 posted on 10/15/2012 8:34:37 PM PDT by tumblindice (America's founding fathers: all armed conservatives)
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To: Olog-hai

If I was Merkel I would walk.


12 posted on 10/15/2012 8:36:28 PM PDT by mylife (The Roar Of The Masses Could Be Farts)
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To: Olog-hai

So George Soros is short the Euro....


13 posted on 10/15/2012 8:38:41 PM PDT by PGR88
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To: Olog-hai
George should save it. He can afford it.

He has all that money he made from destroying other currencies.

14 posted on 10/15/2012 8:39:19 PM PDT by E. Pluribus Unum (Government is the religion of the psychopath.)
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To: mylife

After expanding Germany’s hegemony that much?


15 posted on 10/15/2012 8:41:34 PM PDT by Olog-hai
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To: Olog-hai
"The way to escape it is for Germany to accept... the role of the benevolent hegemon."

Most Europeans, including the Germans themselves, have a somewhat unfortunate recollection of German hegemony, even of the supposedly benevolent sort. And if we are to be persuaded that benevolent hegemony is an arrogant posture for the United States to take - persuaded by Soros himself - why on earth would the Germans step into that thankless, expensive, and ultimately futile role?

It certainly wouldn't be in pursuit of any Thousand Year Reich, however newly packaged by Mr. Soros. If the EU is to stand or fall by virtue of a single member state then the Germans may find that they needn't claim hegemony, it will claim them.

16 posted on 10/15/2012 9:00:45 PM PDT by Billthedrill
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To: PGR88

Soros forgot to turn in his Dmarks and they are now worthless.
He wants to correct his blunder.


17 posted on 10/15/2012 9:10:16 PM PDT by alpo (What would Selco do?)
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To: Olog-hai

If I was Angela Merkel, I’d let the Euro and the EU die a painful death, then Germany can do as it chooses. It will be tough, but Germany will be the undisputed big dog along with Great Britain and they can dismiss the PIIGS and other beggars in the EU and, SCREW BRUSSELS! Then, toss all the ragheads off European property.


18 posted on 10/15/2012 9:11:16 PM PDT by Rembrandt (Part of the 51% who pay Federal taxes)
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To: DoughtyOne
Soros is a cancerous tumor. I'd like to know why he has never had a meaningful encounter with some serious chemotherapy or maybe Russian-inspired radiation therapy before now. If one needed some compelling circumstantial evidence that the whole global mess is a corrupt scam, this creep's longevity would do.
19 posted on 10/15/2012 9:13:55 PM PDT by hinckley buzzard
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To: Rembrandt

Unlikely. Right now, the only government in Europe with the balls to actually kick the ragheads out is the Greek one (what have they got left to lose?). Getting rid of the EU is only the beginning. You then have to dethrone all of the multicult nutjobs. Look at Norway. Not in the EU, but still a haven for parasites. These people should be rounded up on treason charges.


20 posted on 10/15/2012 9:37:35 PM PDT by Viennacon
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To: Rembrandt

That’s not the outlook in Germany. Such an alliance with Britain would be distasteful to social marketeers.


21 posted on 10/15/2012 9:40:03 PM PDT by Olog-hai
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To: Olog-hai

I am sure he is invested in it.

whatever.
Let it go, people, let it go


22 posted on 10/15/2012 9:42:45 PM PDT by GeronL (http://asspos.blogspot.com)
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To: Olog-hai

At various times, two nations wanted him. Britain, and Malaysia, or another Asian nation. He screwed with their currencies. As I understand it, he did it with other nations too. Seems I read that he was wanted in two to four nations on currency manipulation. Perhaps those were settled years ago. Perhaps not. I’d sure like to find out and send him on vacation to the one with the stiffest laws.


23 posted on 10/15/2012 10:43:32 PM PDT by DoughtyOne (We should ignore the absurd peripheral, and focus on the absurd Obama. People died. He lied!)
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To: hinckley buzzard

We share the same thoughts on this guy.


24 posted on 10/15/2012 10:54:53 PM PDT by DoughtyOne (We should ignore the absurd peripheral, and focus on the absurd Obama. People died. He lied!)
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To: DoughtyOne

>>At various times, two nations wanted him. Britain, and Malaysia, or another Asian nation

Also Thailand.


25 posted on 10/15/2012 11:04:50 PM PDT by expat1000
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To: expat1000

If we were able to extradite the bastard, a twenty year sentence would pretty well get him out of our hair. They could demand all his financial holdings to recompense his transgressions there.

That’ll put a dent in the Left’s piggy bank.

Then, if we could take down the EPA, they’d be hard pressed to pay for a lot of things that come easy these days.


26 posted on 10/15/2012 11:10:06 PM PDT by DoughtyOne (We should ignore the absurd peripheral, and focus on the absurd Obama. People died. He lied!)
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To: DoughtyOne

Soros has an angle. Soros always has an angle.
He laid out two options as the only options. Therefore, there is a third option, and that’s the way to go.
...Whatever it is.


27 posted on 10/15/2012 11:15:46 PM PDT by Lancey Howard
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To: Lancey Howard

I’m so confused... ;^)


28 posted on 10/15/2012 11:19:49 PM PDT by DoughtyOne (We should ignore the absurd peripheral, and focus on the absurd Obama. People died. He lied!)
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To: Olog-hai

The very last thing Germany wants or needs is advice from the likes of soroz.


29 posted on 10/15/2012 11:22:30 PM PDT by faithhopecharity
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To: DoughtyOne

Maybe I should clarify. Thailand doesn’t ‘want’ him in the sense they issued an arrest warrant for him. But they call him the devil. I think if some people here got their hands on him he’d wish they did issue a warrant!


30 posted on 10/15/2012 11:26:52 PM PDT by expat1000
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To: expat1000

I understand. Sounds like they’ve got his number also.

Good.


31 posted on 10/15/2012 11:43:02 PM PDT by DoughtyOne (We should ignore the absurd peripheral, and focus on the absurd Obama. People died. He lied!)
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To: Olog-hai

Germany isn’t going to “get out of” something it invented. The whole shebang, the EU itself, the euro currency, is that country writ large over the other member states. There’s a reason why the “social market economy” is written into the treaties. The euro itself is patterned after the Deutsche mark. (There’s also a reason why the European Central Bank is on German soil.)

Seems like people don’t realize that Germany is not like the USA; it is not a free market, but a social market. German economists are quite hostile to the free market, which they call the “Anglo-Saxon capitalist market”, and would like to see it gone. Whether the EU remains the vehicle to achieve that or it happens via another medium, it’ll be their plan being executed.


Interesting analysis. Thanks

Seems Germany has two choices: Control the EU by staying in it. Control the EU by getting out of it. The latter will be better for them in the long run


32 posted on 10/16/2012 3:36:23 AM PDT by SeminoleCounty (Political maturity is realizing that the "R" next to someone's name does not mean "conservative")
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