George Soros Says The Next Financial Crisis Has Already Started
You would be a brave investor to bet against George Soros. The billionaire investor has shown a canny knack of making the right calls over the decades.
As an article in Bloomberg says he rose to fame as the hedge fund manager who broke the Bank of England in 1992, netting $1 billion with a bet that the UK would be forced to devalue the pound.
He also successfully bet that Germany’s deutsche mark would rise after the collapse of the Berlin Wall in 1989 and that Japanese stocks would start to fall in the same year. Between 1969 and 2011, Soros led his hedge fund to average annual gains of about 20{b163ed859cc9a16ba73837184ee02d2cdeccd9aa6dd670f1698634a383290a0c} before returning money back to investors in 2011. AgMetalMiner
