Janissary of the world oligarchy?

15:26, 11 martie 2020 | Actual | 449 vizualizări | Nu există niciun comentariu Autor:
Political scientist Bogdan Tsyrdea published an analytical article dedicated to one of the most famous and prononced names in the financial and political world of the last decades George Soros, whose activities influenced many countries including the Republic of Moldova.

„Today the name of George Soros has become a household one in many countries of the world.

According to The New York Times, the demonization of Soros is turning into a kind of mainstream. The “frontman” of globalism, “The Philanthropist”, “the fighter for human rights and democracy”, “Robin Hood, robbing the banks of the West in favor of the poor countries of Eastern Europe,” – this is what the beneficiaries of the Soros Foundation call him.

Opponents of Soros on both sides of the Atlantic see in him – the leader of the globalist movement, a left radical, undermining the established order, a supporter of the erosion of the white Christian nature of their societies through immigration – personification of all problems.

Soros is openly recognized and proud of his personal contribution to the fall of communist regimes in the late 80s, promotion of abortion, LGBT rights, euthanasia, legalization of drugs (marijuana), support of feminism, protection of migrant rights, and fight against authoritarian leaders such as Trump, Orban, Erdogan, Putin. He denies only participating in some “color” revolutions and phenomenon of controlled migration. D. Trump on his twitter called Soros a Nazi, and his lawyer R. Giuliani called him antichrist, whose assets should be frozen.

Hungarian Prime Minister V. Orban announced on December 1, 2017 that Soros wanted to destroy Hungary by flooding it with Muslim migrants. During the 2018 election campaign in Hungary, the party of V. Orban promoted the slogan “Let’s not let G. Soros laugh last!” Hungarian authorities spent €100 million on this campaign!

In Turkey R. Erdogan called Soros “the core of the Jewish conspiracy, the purpose of which is to divide and undermine Turkey and other countries,” in Israel the attitude towards Soros is extremely negative. Israeli political analyst A. Eskin writes: “The hostility to Soros in Israel is a response to his consistently hostile attitude towards the Jewish state. He not only criticized the policies of this or that government, but actively financed organizations like the BDS, which questioned Israel’s very right to exist. Moreover, Soros actively intervened in the election campaigns in Israel with the goal of bringing people of a left-liberal view to power. ” Where did such a negative assessment of the activities of this philanthropist come from? Maybe this is the product of a sick imagination, „conspiracy theories” and ordinary human envy?

Billionaire G. Soros is the 23rd in the list of the richest people (Forbes, 2016), whose fortune is estimated at $24.9 billion. According to the BBC, the total income of Soros from financial activities is about $44 billion.

He was born in Budapest in 1930 in a Jewish bourgeois family. Mother Erzebet was a housewife, father Tivadar Schwartz – a lawyer. In 1936, fearing the reprisals of the National Socialists, T. Schwartz, who knew well Esperanto, changed his name to Soros that in Esperanto means “rise”, “soar”, “arrow, tending upwards”.

In March 1944, Hitler, fearing that Hungary would join the anti-Hitler coalition, introduced troops into the country. Soros’s father began selling fake documents to his compatriots. He later described this activity in detail in his book Masquerade Around Death. There he writes that he sold new documents to close rich friends only, as he puts it, at market prices, but to poor Jews at cost price. In 1998, in an interview with the CBS television’s 60 Minutes program to the question whether he considers what his family did with the Jews during the war as looting, George Soros replied: “If not us, then somebody else would have done it „.

In 1947, Soros decided to leave communist Hungary, having emigrated to Great Britain. He graduated from the London School of Economics, where he studied for three years. He lectured by the Austrian philosopher Karl Popper. In 1953 he got a place in Singer and Friedlander, where he was an intern in the arbitration department. However, being late once again for work, he was dismissed. The emigrant did not do well in England, so in 1956 Soros emigrated to the United States, where he settled in New York in a small brokerage firm on Wall Street. There, he was helped by a rich relative of his father. At that moment, stocks of the European companies became popular in America, in which a very limited circle of people knew. “In the early 60s, no one here knew anything about European securities,” he described his work later. – This is the case when the blind led the blind. ”

In 1960, Soros achieved major success – he persuaded the Morgan and Dryfus funds to purchase large amounts of shares in the West German insurance company Alianz. After stocks tripled in price, the authority of Soros also grew. Things went bad in 1963 when President J. Kennedy introduced a 15% tax on securities transactions from abroad. But already in 1967, Soros served as research director at Arnhold & S. Bleichroeder, a well-known brokerage company specializing in European stock markets. He met some of the Jones Foundation managers and gave them ideas. In 1967, he managed to convince Arnhold & S.Bleichroeder management to establish an offshore First Eagle investment fund. In 1969, the company, together with G. Soros, established another fund – the Double Eagle Fund hedge fund. Soros invested his own $4 million and managed it on behalf of Arnhold & S. Bleichroeder. The fund was registered in a Dutch colony on the island of Curacao, and it was then inaccessible to American inspection bodies.

Soros refused many wealthy Americans who wanted to invest in the fund, but he attracted wealthy Arabs, Europeans and Latin Americans. When regulators limited Soros’s ability to manage funds, he decided to take a chance. In 1973, together with J. Rogers, he founded the Soros Management Fund, an international investment fund. In 1979, he renamed it the Quantum Group. The fund carried out speculative operations with securities, currencies, commodities, as a result, its profitability in the first ten years of its existence amounted to 3,365% per year. By the end of 1980, Soros’s fortune was estimated at $100 million. In 1985, the Quantum Group had capital of $1 billion, at the end of 1986 – $1.5 billion, in July 2011 – $26 billion. It is important to note that the fund appeared exactly with the first major oil crisis, which opened the door to huge speculation.

So how did Soros earn his money? He is a financial speculator whose actions have always been ON or BEYOND the law.

On August 15, 1971, the US President Richard Nixon dealt a powerful blow to the Bretton Woods financial system, de facto burying it. The dollar was no longer converted to gold; the exchange rate of national currencies became unstable. States were forced to increase the money supply, to take loans from the markets, which increased the importance of banks and hedge funds in setting the exchange rate. It also increased the dependence of states on the global financial oligarchy. “The value of the dollar depended on ideas about it,” Soros explained. R. Nixon opened the door for financial speculators and sharks of big business, which began to make fortunes on stock speculations and on coordinated attacks against national currencies.

In business, Soros’ successes were based on classified information received from senior government officials. One of the scams is described by Forbes analyst Mallaby Sebastian: “On September 22, 1985, US Treasury Secretary James Baker gathered his colleagues from France, Germany, Japan and the United Kingdom at the Plaza Hotel in New York. Five ministers agreed on a joint policy to reduce the real dollar exchange rate. The very next day, the yen grew by more than 7% against the dollar – its largest one-day jump in history. Soros immediately called his brokers in Hong Kong and ordered them to buy more yen. The agreement in the Plaza brought Soros $30 million in profit overnight. By Friday of the same week, he earned an additional $107 million from the depreciation of the American currency. ” By early December, Soros had bought another yen for $500 million and German marks for $300 million. By December 1985, he had earned a total of $230 million!

However, a masterpiece of financial fraud is considered the attack of Soros on the Bank of England in 1992. On September 16, 1992, he earned $1.1 billion during a day from a sharp drop in the British pound against the German mark. Having previously received the information he needed from the head of the German central bank G. Schlesinger, Soros bought a huge amount of British pounds (10 billion!) and exchanged it for German marks at the rate of 2.82. As a result, the next day the British pound depreciated against the mark (the pound lost 15% and the German mark gained 7%) And G. Soros bought back the depreciating English currency at a price of 2.548 marks.

To participate in the scam, Soros took a loan of $15 billion, giving a pledge of only $ 1billion. This was made possible thanks to the participation in the scam of such well-known funds as Caxton Corp, Jones Investment and American giant banks JP Morgan, Chase Manhattan, Bank of America. The collapse of the pound caused an economic crisis in the UK – goods went up, unemployment rose sharply. The country had to overcome these consequences for several years.

Soros conducted the same operation in Italy, in the same 1992. The Italian bank spent about $48 billion to save the country’s lira currency. Italian newspapers wrote that Soros earned more than $1 billion! In 1993, the Quantum Group attacked the French franc and the Japanese yen. As a result of these attacks, the European monetary system (EMS) virtually ceased to exist, paving the way for the euro.

In August-September 1997, Soros brought down the Thai currency (baht), having bought and then sold it, for a billion dollars. Bath collapsed, triggering a chain reaction throughout East Asia. Malaysian Prime Minister said Soros deliberately organized a crisis in the region. According to him, he decided to punish ASEAN for the fact that, contrary to the will of Washington, this organization accepted Myanmar (Burma) into its ranks. G. Soros denied accusations of organizing a currency panic.

The currency crisis dealt a devastating blow to the economies of the southeastern tigers. By the end of August, the Thai baht fell by 50%, the Indonesian rupee by 22.6%, the Malaysian ringgit by 16.5%, the Philippine peso by 13.6% and the Singapore dollar by 6.3%. The losses of Malaysia alone are estimated at 200 billion ringgit, which corresponds to the country’s 4-year budget! As a result, the economy of the whole region collapsed: Thailand, the Philippines, Malaysia, Indonesia and South Korea.

On August 13, 1998, the British newspaper Financial Times published a letter from G. Soros, in which he predicted a default or hyperinflation in Russia with catastrophic consequences. On August 17, the Russian government and the Central Bank announced a default on the main types of government securities. After the publication of his letter in only one day, the yield on short-term government bonds of the Russian Federation grew by 165%, and investors began to massively get rid of the ruble, that provoked its devaluation.

The billionaire’s attempts to justify himself and allegations of his own losses due to the ruble cause little trust – taking into account his background and attitude to Russia. By his own admission, the crisis in the Russian Federation cost him more than $4 billion, with half of the losses accounted for by investments in Russia. But it is worth reading the work of Soros, “The Alchemy of Finance” and his reflective theory of markets, in order to understand: G. Soros intentionally provoked a market reaction in order to collapse it. And the game was in winning them over. In Russia, one of the most severe economic crises in the history of the country began, which hit throughout the CIS, including the Republic of Moldova.”
Published: 12:17 11/03/2020

Source: http://a-tv.md
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