[AndyJackson]

We’re now in a period of wealth destruction,” says George Soros

The wealth, the ability to produce, was destroyed long ago. What is left is balancing the books and settling up.

In fairness to Soros, he has never been in the wealth generation mode, but rather in making money off the optimistic delusions of others when they turn sour. The real culprits were the investors who thought that excessive houses in the Nevada desert and a glut of shopping malls everywhere is "wealth."

[CommieCutter]

It looks like were heading for more than a recession.

I hope I’m wrong.

[Frantzie]

Soros is also one of the biggest inside traders in history though he only got nailed by the French once. He had people inisde the govt when he attacked the pound and the fall of 2008 was a total setup.

The left punished manufacturers with regulations, unions,lawsuits and blocking energy development in the United States. Energy costs are a huge component in manufacturing.