But, nobody asks, where did he come into all that money to begin with? He has been working currency manipulations all over the world, and has been instrumental in the collapsing of several economies. George Soros was the “man who broke the Bank of England” in 1992, taking a cool $1 billion out by selling the British pound short.
He worked a similar scheme in France, where he was involved in inside trading with four French companies: Société Générale, as well as Suez, Paribas and the Compagnie Générale d’Électricité. This resulted in Soros’ 2005 conviction for insider trading by the Court of Appeals. The French Supreme Court confirmed the conviction on June 14, 2006.
In 1997, during the Asian financial crisis, the Prime Minister of Malaysia Mahathir bin Mohamad accused Soros of using the wealth under his control to punish the Association of Southeast Asian Nations (ASEAN) for welcoming Myanmar as a member. The financial crisis that originated in Thailand in 1997 was particularly unnerving because of its scope and severity, and Soros was orchestrating the crash. The nominal U.S. dollar GDP of the ASEAN fell by $9.2 billion in 1997 and $218.2 billion (31.7%) in 1998.
“There really are investors who not only move money in anticipation of a currency crisis, but actually do their best to trigger that crisis for fun and profit.” Paul Krugman (yes, THAT Paul Krugman) said this of the various shenanigans that Soros has pulled in the past, and is even now trying to pull on the US Dollar. (You think “quantitative easing” is anything but just another currency manipulation?)
I now an semi retired octogenarian British born physician..an American Citizen... who nearly nuked out when I brought up George Soros in conversation...
The “general public” however,,,,knows scant little about this bustrds hobbies.