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'Would-be-dictator' Trump will fail: Would-be Blofeld Soros
[Bangla Daily Star] Billionaire George Soros on Thursday delivered a scathing assessment of Donald Trump
...New York real estate developer, described by Dems as illiterate, racist, misogynistic, and what ever other unpleasant descriptions they can think of, elected by the rest of us as 45th President of the United States...
, calling the US President-elect a "would-be-dictator" who is "going to fail".

On the eve of Trump's inauguration in Washington, Soros said Trump 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," the Hungarian-born financier told an audience of business leaders and journalists at a Hotel 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," said Soros, adding that members of Trump's cabinet are each fighting for different interests.

But he predicted the loss of the US' "positive influence in the world in favour of an open society", which would have "a very far reaching effect in Europe and other parts of the world".

Soros, who was a supporter of Trump's Democratic rival Hillary Clinton
... former first lady, former secretary of state, former presidential candidate, sometimes described by her supporters as the smartest woman in the world, usually described by the rest of us as a crook...
 during last year's campaign, lost nearly a billion dollars as a consequence of the rally prompted by Trump's surprise election victory, according to press reports.
So lovely of dear Mr. Soros to prime the country's economic pump -- according to Keynes it doesn't matter how the money enters, just that it starts circulating. And didn't Hillary Clinton throw some money of her own into the campaign near the end? Just before the foundation closed its doors, too. Such a pity President Trump will get all the credit for the improvement, but politics is a bitch that way.
But the positive reaction in financial markets would not last long, Soros predicted, because ultimately they do not like uncertainty.

US stocks retreated and the dollar fell against most currencies Thursday in the final session before Trump's inauguration yesterday.

On Brexit and Theresa May, Soros predicted the British Prime Minister's spell in power would not last long and said the UK population were "in denial" about the financial consequences of leaving the European Union
...the successor to the Holy Roman Empire, only without the Hapsburgs and the nifty uniforms and the dancing...
"It's unlikely that Prime Minister May is actually going to remain in power," he said.

"At the moment people in the UK are in denial. The current economic situation is not as bad as it was predicted, they live in hope, but as the currency depreciates, and inflation will be the driving force, that will lead to declining living standards.

"It's going to take some time but when it does happen, they will realise that they are earning less than before, because wages won't rise as fast as the cost of living."
Posted by: Fred 2017-01-21
http://www.rantburg.com/poparticle.php?ID=479085