The global economy is under attack by the Trump administration. Trump believes the United States is not being treated fairly on the world’s economic stage. Donald wants to remove taxes on exports and impose heavy taxes on imports. If Trump succeeds, the global economy will go into a tailspin. Countries around the world will impose taxes on American goods, and consumers will pay the price. It is true. Global economic reform is needed to balance the global capitalistic system, but Trump’s ideas are not shared by very many economists. In fact, most economists say Trump’s global economic policies will create a recession in the United States and abroad. George Soros, the economic reformer, and social justice pundit thinks Trump is a menace and must be stopped. Soros has enough money and power to slow down the Trump economic agenda. Soros is considered one of the people that know how to fix the global economic situation. According to Discover The Networks, George Soros has donated $5 billion to organizations that share his economic viewpoint.
Global economic reform is a difficult mission. China and India are the countries fueling global economic growth, but China is in the middle of a financial crisis, and India is losing some of its appeal on the world stage. Mexico is another contributor to global growth, but Trump has slowed economic growth in Mexico because of his attacks on the country. The European Union is in trouble financially, and Brazil, Russia, and South Africa are experiencing deep recessions. When emerging and advanced markets are analyzed in terms of future economic growth, the results are disappointing. That’s why George Soros wants to stop Donald Trump from exacerbating the global economic situation. Soros wants China to clean up its banking mess, and he wants the European Union to change the way it handles the migration crisis. Soros also wants the United States to reduce the tax burden on imports, in order to level the global economic playing field. But accomplishing those things will take an enormous amount of support from countries around the world, and Trump is blocking that support. Read this story about George at Politico.com.
George Soros is invited to the Davos Economic Summit every year to speak about the global economic situation. Soros isn’t shy when it comes to telling world leaders that a major recession is coming and it will be worse than the 2007 meltdown. Trump’s proposed policies could be the catalyst that sends the world into a recession. Soros is clear when it comes to his feelings about Trump’s policies. Soros is supporting more than 187 organizations that want to stop Trump from turning the world into an economic disaster. Only time will tell if Soros is successful, but Soros has a successful track record, and his record won’t change as long as he is alive.
Learn more about his profile at Forbes.com.