Anyone who knows anything about investments in general should have a slight idea of who George Soros is. In fact, you don’t even have to be knowledgeable about investments to have hear his name. The billionaire is not just someone who has invested well over the years, but he has also been active in the political arena as well as the financial and economic ones. In short, George Soros understands the economy and the globe and he has been around long enough to truly understand the long term implications of the short term global marketplace and economy.
That is exactly why so many people are starting to listen to George Soros’ views in general on the current state of things. George has said that he is a big supporter of the phrase, “If we do not learn from the past then we are doomed to repeat it.” That phrase has not been more important than today when looking at the financial markets and the global economy in general. George Soros not only understands that we are seeing an economy reminiscent of 2008 when the great recession was occurring, but also that this time could wind up being a lot worse depending upon how it is handled.
One reason that so many people can take Soros serious about his predictions and what he truly believes is the amount of money and effort he is currently investing into the political campaigns. Whether or not you believe his point of view, the fact remains that he has dumped upwards of $8 million dollars into Hillary Clinton’s campaign alone and he very well could continue to put additional money into her winning the election.
There is some speculation as to what exactly he wants to do moving forward, and of course individuals on either side of the aisle could look to this situation with raised eyebrows because any time big money gets involved in politics there will always be those who simply don’t trust the situation or don’t understand. That being said, when it comes to the urgency of looking at the current economic landscape, George Soros is definitely concerned about something or else he wouldn’t be floating millions of dollars in campaign aide towards Hillary Clinton.
Regardless of your views on the current political landscape or candidates or your views on big banking and Wall Street money in general, you have to realize that when someone as powerful and as prominent of a figure as George Soros starts to get worried, there could be something on the horizon that could affect many people. Whether you love him or hate him (or don’t even know who he is), perhaps it is time to keep your eyes open and your ears to the ground to see what is next in the financial and economic world.