Brexit: Soros Warns of 'Black Friday' if Britain Leaves EU
Innvestor George Soros has issued a stark warning to Britain: If its voters choose to leave the European Union, powerful speculative forces could cause the pound to crash by more than 20%.
“Too many believe that a vote to leave the EU will have no effect on their personal financial position,” Soros wrote in The Guardian. “This is wishful thinking.”
Soros said that his warning was based on “six decades of experience in financial markets,” including a massive speculative bet against the pound in 1992 that earned him a reputation as “The Man Who Broke the Bank of England.
Source: Dahboo77
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Bring it on little man and we will retrospectively tax shorting.
BREXIT HAS WON BREXIT HAS WON BREXIT HAS WON
Yeah, Georgie Boy, just like the world would come to a grinding halt on Y2K or end on Jan 21, in whatever year it was supposed to but DIDN’T !! Soros just took a bath in the markets and Obama was treated like a bald headed orphan after trying to twist arms in Great Britain. The bluffs have been called and the bullies have been punched in the nose. No stopping now. Game over.
Why is this creature allowed to live?
its happening already – gold futures up (1280) and pound Sterling plummeting (-1%)…
It will all settle and come back to normal
Well i will eat my hat and exspectedd the vote to be fixed as usual
The pound can drop 20% for all i care but i bet it won’t drop much against the Europe and thats were the real fireworks will take place me thinks
Maybe the BREXIT number was just too high for them to fix because my ear told me that it was much higher than 50% anyway
So sad, the gnat, thieving, one world scumbag, lapdog of Rothschild,..all the money that he can get his grubby little paws on…yet no cure for the foreskins, hanging from his eyes.
He needs to put his petty name on Ted Turners list of people to be taken of the planet.
Japan who is not in the EU watched as stock went down 9% but the US$ is staying high so maybe this has something to do with TTIP via the back door.
The public don’t care about stocks, bonds and CDS and care more about have good paying jobs and houses they can afford to buy and people around them that they can get on with instead of mass immigration to let more slave into the farm.
I suspect that the BREXIT vote was just too high for them to risk fixing and that we won by a lot, lot more than 52% and the scotish people now have an excuse for a second vote to split from the UK and who can blame them.
David Cameron Leaving speech looked more about his love for mass immigrantion and gays than any leaving speech because he like all the others is NWO scum and i don’t care even if £1=$1 because the price of freedom is priceless.
Sorry to all the Buy-To-Letters and people thats paid silly money gambling on UK house prices because i see interest rates going up and remember the days of 14% base rates and lets face it they cannot go down so now is a good time to panick and get out before it crashes.
Silly people you will always see a relationship between wages and house prices that is about 3.5 X Income but i guess greed got the better of you.
Add Soros to the list of the prisoners who should be put into Alcatraz, should they ever revamp it.
SOROS spelled backward is the code for evil.