Hugh Hendry – I Want to Take Soros Down


Apparently I am not the only one getting sick of listening to George Soros. What annoys me about him, is that he talks about how Europe is going down the tubes due to possible austerity measures (similar to Paul Krugman) but if they follow his advice and print money, then they will certainly have crippling inflation (something he predicts but says is necessary)and Soros’ gold holdings will likely spike.

Hedge fund manager Hugh Hendry points out something else interesting – once people become billionaires, they become socialists – they don’t want anyone else to succeed, they try to “build a moat around” themseves. Soros would love to socialize the world, likely as long as he can keep/control his personal multibillion dollar fortune. See video here: