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How to Save Europe
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How to Save Europe

George Soros
Project Syndicate, 2018
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7

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  • Comprehensive
  • Analytical
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Recommendation

When billionaire investor George Soros makes predictions, people listen. Over the past decades, his knack for recognizing political and economic trends early has allowed him to build and multiply his impressive fortune. Today, Soros is warning about another impending economic downturn. This time, he argues, the Achilles’ heel of the world economy is the European Union. In a speech at the European Council on Foreign Relations and an article written for Project Syndicate, Soros identifies three pressing issues that he fears could bring down the European project – and outlines his plan to save it. getAbstract recommends his analysis to investors and anybody interested in world affairs.

Take-Aways

  • Following the 2008 financial crisis and the refugee influx of 2015, the European Union finds itself in an “existential crisis.”
  • To extricate itself from the current impasse, the EU needs to address three pressing issues.  
  • First, the EU will need to solve the refugee crisis within its borders. Moreover, a ”Marshall Plan for Africa” will stem the flow of future refugees. 

About the Author

George Soros is chairman of Soros Fund Management and of the Open Society Foundations. 

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