At a time when the world is listening more and more to top money experts for ways and means to solve the current worldwide economic crisis, it is good to know that famed Billionaire George Soros has come forward with real solutions.
“There is plenty to be nervous about,” explained Soros during recent media coverage of the DAVOS World Economic Forum in Switzerland. The billionaire financier also stated how Merkel “correctly predicted” the European Union (EU) “on the verge of collapse.”
Merkel key to solving European migrant crisis, says Soros.
In turn, Soros told the New York Review of Books that he thinks German Chancellor Angela Merkel is in the best EU leader to sort out the crisis that is viewed as serious as the recent recession in America.
Soros also shared in a recent New York Review of Books interview that, “the Greek crisis taught the European authorities the art of muddling through one crisis after another. This practice is popularly known as kicking the can down the road, although it would be more accurate to describe it as kicking a ball uphill so that it keeps rolling back down.”
“Merkel correctly foresaw the potential of the migration crisis to destroy the European Union. What was a prediction has become the reality. The European Union badly needs fixing. This is a fact but it is not irreversible. And the people who can stop Merkel’s dire prediction from coming true are actually the German people,” added Soros during the interview.
Germany must decide to lead, says Soros
“Now it’s time for Germans to decide: Do they want to accept the responsibilities and the liabilities involved in being the dominant power in Europe?” Soros also explained in the interview how Germany’s current policy on the plight of Syrian migrants is now viewed as humane.
The famed financier also thinks Merkel’s move to take in refugees was correct given the fact that today’s crisis is only going to get worse.
It is not lost on Soros and others with a stake in the EU economy that the plight of upwards of a million refugees migrating to the EU from war-torn Syria and other Middle East and Africa nations is considered by the United Nations as the continent’s biggest refugee crisis since World War II.
Overall, the view from Soros is the EU needs to get this refugee crisis right and Germany’s Merkel may be just the person to do it.