The Billionaire Champion for the Ukraine
The bio at the Syndicate Project for the billionaire columnist, George Soros, seems modest for a man trying to save the Ukraine and the European Union. He is a globally renowned business mogul, but he is best known for chairing and founding the Soros Fund Management and the Open Society Foundations. He’s had best selling novels about business and global financial markets, such as The Credit Crisis of 2008 and What it Means, The Alchemy of Finance and The Tragedy of the European Union.
He has been become more well known with the mainstream in the last few years with his outspoken beliefs and funding of liberal candidates and progressive issues for the United States and Europe. He has also been very outspoken about the European Union’s need to step up to the plate and help save the drowning Ukraine. He feels quite passionately about the country because of his work there in the 1980s and beyond. George Soros was a driving force in assisting countries in the transition to capitalism as communism was beginning to fail. The situation in the Ukraine, which has been ongoing for several years now, has Mr. Soros agitated.
The Financial Pain of the Ukraine
George Soros has been prolific in his intellectual contributions and financial advice about the Ukraine’s financial crisis and Russian problems. He outlined some of the issues in an article for the Wall Street Journal, which can be found in whole by clicking here. Around 2015, the Ukraine was having issues coming to reasonable terms with its creditors. In other words, the Ukraine could not pay back the money for all of the failed projects the International Monetary Fund gave loans it for, and its currency was becoming devalued from inflation because it perpetually owes money to the bond holders of its central bank. In addition to the debt problem, there has been noticeable encroachments made by the Russia Federation in the area, including the annexation of Crimea.
George Soros – The New York Times
The Winning Strategy for the Ukraine
According to an article George Soros wrote for the New York Books, Soros feels as if he has a winning strategy to get the Ukraine out debt, and he desperately wants to save it from Europe. He passed around his outlined, winning strategy to authorities in the EU he hoped would listen. This information and the full article can be found by visiting his article written for the New York Books here.
A Better Ukraine May Mean a Better Europe
In his article on policy rescue for the New York Books, he feels the European Union and all nations of the continent will be making a moral decision by offering aid and debt relief. George Soros has urged the IMF to forgive the debt for its failed projects.
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