DID GEORGE SOROS CAUSE MARKET CRASH?

NEW YORK – There’s speculation that George Soros placed heavy bets against the U.S.  causing the market crash.
Rumors are swirling that George Soros, 80, reportedly made a bet of almost $1billion at odds of 100/1 last month that the U.S. would lose its AAA credit rating.
It appears that Soros, famously known as ‘the man who broke the Bank of England’, may now have decided to try to break the U.S. stock market.

Questions are being asked of whether Soros had inside information before placing the $850million bet in the futures market.
There have been persistent rumors for the last two decades that Soros has manipulated currencies to increase his staggering wealth.
He made more than $1billion on currency speculation when the British pound left the Exchange Rate Mechanism on Black Wednesday in 1992.

The latest Soros bet was made on July 21 on trades of 50,370 ten-year Treasury futures and 30,100 Treasury bond futures.
The investor’s gamble seems to have paid off after Standard and Poor’s issued a credit rating downgrade from AAA to AA+ last Friday.
Soros stands to earn a 100,000 per cent return on their money, with the expectation that interest rates will be going up after the downgrade.
He stands to make a profit of $100 billion on the downgrade.
Sources close to people who know Soros say he plans to donate at least $1 billion of it to the re-election campaign of Barack Obama.   And $1 billion will be spent on attempting to buy Fox News.  And if he can’t buy Fox News, he intends to spend $5 billion pursuing legal actions against Fox News.
There are also rumors that Soros may buy a few of the United States (by bailing them out).  Soros has his eyes on Rhode Island first, then Illinois and he hopes he can buy the State of California (which already has bids from the Chinese) by the end of the year.
Soros is also looking at buying… Great Britain.
At 80, he still dreams big.

12 thoughts on “DID GEORGE SOROS CAUSE MARKET CRASH?”

  1. Okay So I'm in Bally's I joined sometime in the summer I think… Don't really remember … whatever but I'm kind of unhappy there… i want to start doing Palates.. I havent seen any reformers in the Penta Although I will be a beginner I would Like to get on that one day and get tangeled in all the death positions and ropes.. lol well anyway I dont know if ballys offer this.. and I'm tired of calling up all the ballys in NYC I pay REALLY REALLY cheap Like less than 40 bucks a month with a 2 year contract.. but I was thinking of breaking it and go else where..
    I was thinking of Crunch fitness ..BUT I don't like the enrollment Fee of 300 bucks.. the 94 bucks I don't mind a month..
    I was also thinking of NYSC but I dont know..Cant get info on them lol Dont really have time to go visit them but I will one of these days
    And I'm also really liking Equanox but I hear their enrollment fee is even WORST and I really dont want to pay no more than 100 bucks a month to a gym maybe just a lil over is good too
    now I would stay at ballys if I can find out if there is a plates class that is good and a palates class with the reformer.. I also hear their yoga classes suck… another problem I have is that the card that I originally signed up with is no longer in use.. lol So i pay month 2 month when really I have a contract could this mess my credit up If I just stop paying ? i'm really young about t turn 19 .. I also Like to swim and.. ballys sport club gyms suck.. well I kinda liek the one on 50th … but the penta is crap…
    Anyways Im from nyc so I don't care about location as long as its in Manhatten so what do you think I should do ? and anyone know the prices for them other gyms? (not ballys )

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