GEORGE SOROS on UKRAINE CRISIS - Ukraine Could Collapse & Putin Might Move in Troops Within 60 Days

George Soros, the billionaire investor and philanthropist known for his successful attack on the British Pound and, more recently, for his generous support of NGOs and various pro-democracy organizations throughout Eastern Europe, recently wrote an essay for the New York Review of Books. In it, he called on Europe to spend $50 billion (yes, that’s billion with a B) bailing out Ukraine. More generally, Soros argued that Europeans need to realize that Ukraine isn’t just another emerging market and that their future depends on the success of Kiev’s current reform-minded government. Europe needs to wake up and recognize that it is under attack from Russia. Assisting Ukraine should be considered as a defense expenditure by the EU countries.”

When he was a young man, Soros famously had to flee his native Hungary to escape the Soviet-backed communist regime. Given this personal history, Soros’ wariness of the threat posed by Russian revanchism, if a bit overheated, is perfectly understandable. Even if you disagree with his thesis about the “threat” posed by Russia, Soros quite unambiguously argues that Russia’s current regime presents far and away the greatest security risk to Europe, one can easily understand where he is coming from.

But Soros doesn’t just want to make Moscow “pay a price,” he (accurately, in my humble view) argues that it’s not enough for the European Union to simply punish the Russians. Rather, there is an urgent need to actually aid the Ukrainians and to prevent popular living standards from collapsing any further than they already have.

Given Ukraine’s extremely close economic linkages with Russia, Russia is still the country’s largest single trading partner, any disruption to the Russian economy will have an inevitable trick-down effect. In other words when it shoots at the Russian economy, the West inevitably ends up hitting the Ukrainian economy to0.

George Soros told CNN’s Fareed Zakaria over the weekend he is responsible for establishing a foundation in Ukraine that ultimately contributed to the overthrow of the country’s elected leader and the installation of a junta handpicked by the State Department.

“First on Ukraine, one of the things that many people recognized about you was that you during the revolutions of 1989 funded a lot of dissident activities, civil society groups in eastern Europe and Poland, the Czech Republic. Are you doing similar things in Ukraine? .
“Well, I set up a foundation in Ukraine before Ukraine became independent of Russia. And the foundation has been functioning ever since and played an important part in events now,” Soros responded. It is well-known, although forbidden for the establishment media to mention, that Soros worked closely with

Poroshenko and the February coup leaders are now killing civilians in Donetsk as the effort continues to dislodge and eradicate “pro-Russian militants” and “terrorists,” i.e., armed resistance fighters going up against Right Sector enforcers possibly accompanied by American mercenaries with the help of the CIA. Civilians are also victims in “rebel”-held Slovyansk and neighboring Kramatorsk as retaliation against resistance to the junta in Kyiv intensifies. That’s a question Anna Porter attempts to answer in her new book, Buying a Better World: George Soros and Billionaire Philanthropy. What will be his legacy?, she asks in the introduction.

“Right now we are at the cusp,” billionaire George Soros tells the chances of Greece leaving the euro area are now 50-50 and the country could go “down the drain.” The 84-year-old fears that talks between Greece and ‘the institutions’ could “break down,” adding that “Greece is a long-festering problem that was mishandled from the beginning by all parties,” concluding that the chances of Greece leaving the euro area are now 50-50 and the country could go “down the drain.” Finally, Soros notes, what worries him the most is Ukraine.




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