George Soros is a well -known individual in the United States. One of the main reasons for his popularity is the amount of wealth he possesses. He is the founder of the Soros Foundation on https://www.opensocietyfoundations.org/people/george-soros, one of the biggest companies in the country. He has made a lot of wealth from this company because of making the right choices when doing his investments. After making enough money in the country, Gorge Soros decided to fulfill his dream of having an open society. This is when he decided to open an organization known as Open Society.
Open Society has done quite well since its introduction, and it is now in more than one hundred countries in the world. The organization helps individuals, organizations, and governments with any help they need, and it has managed to do so much since its introduction.
George Soros has gained a lot of knowledge and expertise over the years in important issues in the society. He is very knowledgeable in financial and political issues, and every time, he gives his opinions when he feels there is any need to warn people. Before the financial crisis on http://www.georgesoros.com/the-life-of-george-soros/ that hit the international community in the year 2008, George Soros had warned investors about it. Many people did not listen to him, and they ended up getting serious problems in their investments.
Recently, George Soros warned the investors to be extremely careful when making their investments. According to the billionaire, there is a potential financial crisis that might happen in the recent future. George believes that the financial crisis will be coming from one of the developing nations, China.
The first crisis that hit the world was from the developed nations. Countries like the US were getting negative interest rates, and this problem was gradually transferred to the rest of the countries in a short duration. Many countries on http://www.profitconfidential.com/economy/economic-collapse-george-soros-delivers-grim-warning-for-investors/, especially in the developing world have not managed to do well since the crisis.
Soros has warned people that the climate at the moment resembles that 2008. China has not been making a positive interest rate in the recent years, and it is evident that the country has serious economic issues. George Soros warns that this problem will be easily transferred to the rest of the world, and another crisis will happen.
China has however been promising its citizens that it will get the economy back to its original state. This has not been seen in the recent months, and the country’s currency has been losing value every now and then. Many officials from the country have not accepted the warning from the billionaire, saying that there is no need to panic. For any developing country, it is not easy to get a positive rate in a short duration, so George warns all investors to be careful.
Read more: George Soros Predicts a Financial Crisis