George Soros’s EU resembles the Soviet Union and is sleepwalking into oblivion view has thrown the cat amongst the Europhile pigeons in Brussels

While most octogenarian billionaire investors are either toning it down and heading into the metaphoric sunset George Soros, on the other hand, is doing the reverse.

While most octogenarian billionaire investors are either toning it down and heading into the metaphoric sunset George Soros, on the other hand, is doing the reverse

 

The legendary currency speculator once dubbed the man who broke the Bank of England certainly knows how to turn a crisis into a fortune. Put simply, George Soros, unlike most other investors, has an uncanny track-record of not only surviving a crisis but actually thriving in one.

George Soros’s EU resembles Soviet Union view has the 89-year-old billionaire investor all riled up

The magnitude of political economic uncertainties and risks have not been so elevated since WWII but could George Soros’s third eye be seeing occult opportunities in these markets that other investors can’t see.

“Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected”, said George Soros.

So is George Soros’s next big play, a bet on the “unexpected”, the collapse of the EU into a Soviet Union style disintegration. EU disintegration is a radical nonmainstream view but it could be dead-ahead.

Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected

GEORGE SOROS

The obvious disruption that Brexit could pose might be worth discounting, according to George Soros.

In other words, George Soros might not see UK assets as the big short following a Brexit. Indeed, the contrary could play out for the UK after Brexit.Bill Gross’s PIMCO eyes UK banks even in a “chaotic” Brexit.

The tide of capital flowing out of the eurozone could be severe enough to trigger a monetary crisis and thereby topple the existence of the euro

George Soros’s EU resembles the Soviet Union view is likely to have an impact on capital flows in Europe

Capital is free flowing like the tides of the ocean, its gravity is political monetary stability and profitability. If the EU is sleepwalking into oblivion, according to George Soros’s view then that implies EU political instability. But an EU in political crisis would equally threaten the 20-year-old single bloc currency, the euro. The tide of capital flowing out of the eurozone could be severe enough to trigger a monetary crisis and thereby topple the existence of the euro.

But, if such a scenario were to play out would capital then flow into the UK, US assets?

The Euro may not be the weakest link of the western banking paper Empire but instead the sacrificial lamb.

The euro could ceremoniously be placed on the altar to save dollar hegemony. EU has been the US’s “protectorate” since WWII, it will be deterred from developing an independent energy/foreign policy, stopped from breaking away from NATO or creating its own army and roadblocks will be put in place to disrupt Europe’s pivot East.

“EU cannot be saved without transforming its political party system”

Geroge Soros

George Soros’s EU resembles Soviet Union view and is heading for a breakup is not sensational

The “EU cannot be saved without transforming its political party system” said George Soros. But the intention could be not to save the EU at all.

The EU today resembles more a technocracy rather than a democracy. Elected representatives of member countries are not the primary decision-makers in government instead that is left to “expertise”. Put another way, the Brussels Nomenklatura rule over national parliaments, thereby making national elections a farce.