Trump will fail, claims billionaire financier

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DAVOS, Switzerland: Billionaire George Soros on Thursday (Friday in Manila) delivered a scathing assessment of Donald Trump, calling the US President-elect a “would-be-dictator” who is “going to fail.”

NO TO TRUMP Left-wing protesters burn the US flag in front of the American embassy on Roxas Boulevard ahead of the inauguration of Donald Trump as the 45th president of the United States. PHOTO BY ROGER RAÑADA

On the eve of Trump’s inauguration, Soros said Trump was “gearing up for a trade war” that would have “a very far reaching effect in Europe and other parts of the world.”

The “would-be-dictator… didn’t expect to win, he was surprised,” the Hungarian-born financier told an audience of business leaders and journalists at a hotel in Davos, Switzerland where the World Economic Forum was being held.

“I personally have confidence that he’s going to fail…because his ideas, that guide him are inherently self-contradictory,” said Soros, adding that members of Trump’s cabinet are each fighting for different interests.


But he predicted the loss of the US’ “positive influence in the world in favor of an open society,” which would have “a very far reaching effect in Europe and other parts of the world.”

Soros, who was a supporter of Trump’s Democratic rival Hillary Clinton during last year’s campaign, lost nearly a billion dollars as a consequence of the rally prompted by Trump’s surprise election victory, according to press reports.

But the positive reaction in financial markets would not last long, Soros predicted, because ultimately they do not like uncertainty.

US stocks retreated and the dollar fell against most currencies Thursday in the final session before Trump’s inauguration on Friday.

Protests

In Manila, protesters converged in front of the US embassy Friday to denounce Trump ahead of his inauguration, accusing him of sexism, racism and xenophobia.

Chanting “Dump Trump,” the protesters from leftist groups also expressed concerns that Trump was a threat to the millions of Filipino immigrants living in the United States.

“It is alarming to know that an accused sexual predator, a known racist, sexist, xenophobic man is assuming the presidency of the strongest capitalist country in the world,” Joms Salvador, secretary general of women’s group Gabriela, told AFP.

“The decades of struggle of women across the world to fight for their rights is threatened by Trump’s presidency.”

The roughly 300 people who gathered near the US embassy in Manila held placards with the message “@realDonaldTrump hands off Filipino immigrants” and “Trump you’re trash.” They symbolically dumped photos of Trump in the trash bin.

In Hong Kong, a man chained himself to the gate of the US consulate in protest over Trump’s inauguration.
Refusing to give his name or nationality but identifying himself as “Snufkin,” the bearded man in his late 30s said Trump “represents everything bad in the world.”

Incoming first daughter Ivanka Trump appealed to critics to give her father a chance.

“My father is an incredible unifier. For every critic, I would say give him time. Let him come into office. Let him prove you wrong,” the 35-year-old told ABC News as she prepared to move to Washington.

The businesswoman and mother of three however admitted to urging her father to cut out some of his more controversial tweets.

Trump vows unity

In brief remarks on the eve of becoming president, Trump vowed to bring unity, but there was also a rallying cry for his base.

“We’re going to unify our country,” he said, before telling supporters: “You’re not forgotten anymore.”

“We’re going to get our jobs back. We’re not going to let other countries take our jobs any longer. We’re going to build up our great military.”

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7 Comments

  1. Yes, trump (Hitler) will fail. He should have never been installed as president after losing by 3 million popular votes.
    He is little more than the stain in the toilet bowl after repeated use !
    There’s a special place in hell waiting for Daffy trump

  2. Trump will put this corrupt Soros in jail. Soros will rot in jail as long as Trump is the president of USA.

  3. George Soros is an arrogant billionaire who puts his money to leaders of any nation that kow-tow to his demands and say amen to his feet-stomping behavior. He supports any Government where his interest is served. He funds movements of destabilization in any Government/Country where he sees his financial interest will grow more. He supports anything as long as his empire will grow. Why did he support Hilary Clinton? He sees in her an easy prey to continue ravaging the wealth of USA. For example, it was in the Clinton Administration that the International trade with China was opened without evaluating seriously and deeply the possible effects among the american workers. Because of cheap labor in China almost all big manufacturing companies in the United States went to that Country and the gullible American consumers bought their inferior and poor quality products. Almost everything now in the US that one can buy is made from China. Now, you ask me how did Soros has gained on this?. Simple, he was or, is one of the biggest investors in China. He does not want America under the Trump administration to succeed because he will surely lose a ton of his money. And, it is highly the reason why at the early stages of Trump administration Soros is already making a prediction that Trump will surely fail and he is using his money to support his prognosis of failure, to buy the media to spread out his diabolical scheme and the misguided souls in America who think they know a lot because they graduated or getting schooled from top-notch learning institutions believed this divisive lie. They are the millennials who are disrespectful , abrasive, know-it-all, immoral ones. Trump administration is targeting the illegal immigrants who came in the back door or allowed their visas to expire . Not the immigrants who came in to the front door and underwent the proper channels. All men are attracted to beautiful women/girls. They become aggressive and tempted to misbehave when you show them something beyond. Regard that as a complement, not a move of disrespect. It is an admiration to a exceptional endowed beauty. Very few get this attention/treatment from men.

  4. How can Donald Trump be a unifier when he says so many cruel things against anyone who will contradict his statements. George Soros is correct, his allies especially his anointed cabinet members have their own agenda which Trump do not know anything about. Almost all of his anointed cabinet members have an assortment of questionable transactions in the past and several of them have no experience in what they are being appointed to. Our forecast is Trump will be performing just like PNoy but the difference is there are personalities with their fearless forecast that Trump will be impeached within 4 years.

  5. The members of Illuminati and other secret organizations are perturbed by Trumps victory so that want him to fail… Its good that the American people finally thought of somebody that is not a member of this sinister organizations that had been running the world economy for centuries

  6. Wow for a guy (George Soros) that is wanted in almost every country in the world, he could say this.