George Soros is one of the most influential people in the United States on bloomberg.com. He is also one of the wealthiest people in the country, and he uses his money to help different people and organizations. He was born in Hungary, but after some years, he relocated to Britain. He settled in this country for some years and also went for his education here.
After completing his degree, George Soros moved to the United States to look for employment. He was employed in several organizations before he raised enough capital to start his own company. The Soros Foundation did very well, and within a short time, he becomes one of the wealthiest people in the country. He has always loved the idea of having an open society, and when he felt that he was wealthy enough, he started a charitable organization called Open Society. The organization has spread in over 100 nations, and it has helped many. It ensures that fairness and justice on politico.com prevail in different nations by offering lawyers to individuals who have been put in jail without a trial.
George Soros has become a very independent person over the years due to the amount of money and knowledge he has, and this gives him the freedom to express his view on controversial issues affecting the international community without fear. He is also very active in the American politics as well, giving funds to help his preferred candidates.
Before the start of the famous financial crisis that occurred in 2008, George Soros warned the investors about it. Many nations have not yet recovered from the international crisis, more than five years after it took place. This has led to people been extra careful with their investments, and when people like George Soros say anything concerning financial matters, it is taken seriously.
During an economic forum that took place just recently in Sri Lanka, George Soros had something for the investors. According to him, the investors should be very keen at the moment because a financial crisis might be on the way.
During the economic forum, Soros explained that China was facing a serious problem at the moment; there were high chances that these problems could be transferred to the world economy in the recent future. The value of the China currency has not been stable, and the country has registered devaluation for some time now, which is not a good sign.
According to Soros, getting a positive interest rate for a country like China is not easy, and the country might bring the other economies down as it tries to get its original state back. The economic climate at the moment resembles the one that was present before the 2008 financial crisis, and the investors must be very careful.