But what if the audacious wager on the British pound had spectacularly misfired? The $10 billion borrowed to fuel the bet would have demanded repayment, a burden falling squarely on Soros’s shoulders. Yet he dismissed [more…]
At the Labour Party conference, Andy Burnham proposed changing the state pension triple lock from 2030, while keeping it unchanged for the rest of the current Parliament. The existing system guarantees annual increases based on [more…]
A bit about me… Hi… i’m Phil.. I live in Northamptonshire, married with two kids, I work in the construction industry, or at least adjacent. I’m a long time lurker (early days of Guido Fawkes [more…]
In 1988, George Soros deftly manoeuvered through the stock holdings of Société Générale, France’s banking titan, executing trades that yielded a modest $2.2 million profit. The transaction, unremarkable at the time, scarcely rippled the financial [more…]
Watching Bodybags making his first speech at Conference as leader I was reminded of a famous quote attributed to George Burns. “Acting is all about honesty. If you can fake that, you’ve got it made”. [more…]
The above is the first half of a famous cartoon quote from the early 1950’s which was reborn, so to speak, on Earth Day 1970. At the end of this short article I will give [more…]
How did George Soros’s saga of triumph unfold from those nascent days in America? As a young émigré, he had charted a modest course: amass $500,000 in five years, return to England, and immerse himself [more…]
Since fiat currencies, per se, are not redeemable for anything other than themselves, their very existence depends upon confidence. The issuing authority must not inflate the currency’s size to the point that it begins to [more…]
According to F. William Engdahl, a German-American political scientist and incisive commentator, George Soros secured the allegiance of 99 “sophisticated investors,” as mandated by U.S. law for a fund of such ambition. Engdahl distilled the [more…]
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