According to Bloomberg Business, George Soros believes that the deflation and limits we are now facing are like the ones we faced in 2008. The economy is struggling and the global market is not as strong as it can be. He does, however, say that it is possible to see improvements in the economy for the future. He can see that it will be turning around soon. People that are expecting China to collapse or Europe will be surprised when they turn around for the better. Looking at the Asian market, we see a possible collapse in the making. Their Asian dollar has decreased. The market is decreasing and it is looking scary but they have the time to turn things around.
George Soros was has born an immigrant in England during world war II. He went to school, did his chores, and studied on how to take himself out of the poverty and into the status he wanted to be in. Soros got his education and believes that he is better for his younger start in life. After he grew up, he took on new challenges with his business he started in New York. Now he is showing everyone what it looks like to write your own ticket. He has the money to put in his two cents when it comes to politics and everyone is stopping to listen.
According to the Hedge Fund Billionaire George Soros, we can begin to print more money to help avoid another Great Depression and Deflation. He is worth over 24.5 billion dollars so he is capable of speaking his mind and having others listen. He does know something about finances. To have a better understanding of the Asian market and the way he feels about avoiding a crisis, read his interview and opinions on the Bloomberg. Follow this address to your insight on his views. http://www.bloomberg.com/news/articles/2016-01-07/global-markets-at-the-beginning-of-a-crisis-george-soros-says.
Like some of the people that are heading up the state, we need to take control of our own financial stability and make sure that we cut where we can and add when we can. Everyone works hard for their money and should have a say in the way it works.