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Category Posts : Economy News

George Soros’s China Prediction

Economy News / April 24, 2016 / No Comments

The American billionaire George Soros looks to China’s economy and finds it familiar. Soros believes that the current state of affairs from Beijing on bloomberg.com, seat of the second-largest economy in the world, is reminiscent of the conditions that the United States was in 2007 prior to the financial crisis of 2008. At an event at the Asia Society in New York City, Soros said China’s unchecked credit growth could lead to a situation similar to what happened in the U.S. where over-extension of lines of credit led to an abundance of debt widely distributed across the market and various sectors on http://www.marketwatch.com/story/is-george-soros-right-about-the-coming-crash-in-china-2016-04-22, leading, ultimately, to the crises of 2008 …..

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George Soros, A Migrant Success Story Himself, Sees The Need For Benevolence For The Current Migrant Crisis

Economy News / January 25, 2016 / No Comments

George Soros knows the impact a massive displacement of people might have on an economy. Not only does he have personal experience as a migrant, he is one of the world’s most renowned sources of economic knowledge. That’s why he is quoted on FX Street as saying that the European Union is “on the verge of collapse” due to the latest migrant crisis of displaced peoples from war-torn Syria and other parts of the Middle East. Already 1 million refugees from Syria and other parts of the Middle East have landed on the European mainland, and they are coming at a rate in which the economy of the European Union …..

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Is The Federal Reserve Going To Keep Interest Rates Down?

Economy News / September 14, 2015 / No Comments

What is the current status of the Federal Reserve’s stance on interest rates? This question is one a host of economists have been asking. The Federal Reserve is slated to have a major meeting over what to do with interest rates. At one point, it was assumed that “the Fed” would opt to raise interest rates for the first time in a long time. Apparently, based on what the Wall Street Journal is reporting, a few private economists are making sounds that the Federal Reserve is probably going to keep interest rates at near record lows. This would be very surprising news to be sure. Economists have fully been expecting …..

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