It is not uncommon for global markets to face crisis from time to time but George Soros warns his clients to be careful this year, given that the pattern of the following predicted crisis is going to be harsh on the economy and bad for investors in particular. What does this mean? If you look at China as an example, you will find that this country has been struggling to find a growth model that is suitable for the future market and the way it is devaluing currency on is going to spread the existing issue to the rest of the world, according to George Soros. Returning to a positive interest rate is going to be challenging for the developing world as well. All these facts indicate that the current situation is no different than the recession in 2008, says George Soros. In essence, China’s economy is in jeopardy so are the economies around the world due to a number of factors such as global currency, depleting stock market, lowering commodity market as well as the sinking yuan. These factors have enabled investors and manufacturing crowd to switch to services and consumption. In fact more than $2.5 trillion has been wiped out from the global equity value as per the recent report that George Soros can confirm. Soros further went on to say that China needs major adjustments in order to prevent the crisis from happening. The financial market according to him is bound to face major challenges very similar to the year 2008. George Soros has been warning his clients and customers with similar predictions as well.

George Soros is a noteworthy figure in devising finance plans and strategies for individuals and firms. He has devised many operating plans for a number of industries through his hedge fund company that is more than $23 billion worth as of the current year. Businesses have been able to put his ideas into action by defining the process or system in an effective manner. As is true for every firm on, a sound operating plan can be helpful for current as well as long term situations. It should be devised in such a way as to be able to provide an understanding of the processes that create value and contribute to the success of the firm. To accomplish these objectives, the plan should be able to provide all of the information for the questions such as what value does the firm create? What resources are needed to create this value? And what factors influence its operations?. Every firm’s operational plan based on George Soros’s ideas include many components of the business with one or more conditions such as operations that are critical to the firm’s success, major change in the overall operation and details that go into the process. George Soros has come up with many strategies that are helpful for his clients’ business process and goals. His strategies show how to organize logical plan that can be presented to potential investors as well.

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George Soros is a man on a mission. In fact, Soros has several missions. He has already made more than enough money. His current net worth is more than $27 billion. His main mission is to promote human rights and to try to establish an open society in countries that oppose than principle. But his other mission, at the moment, is to alert the world that another economic meltdown is in the works, and world leaders must come together to solve that pending crisis. Soros was interviewed by several news agencies recently. But a interview is important because Soros stresses the urgency that is needed to halt the damage another global recession will create.

Global leaders must come together to develop a plan to reflate the sagging global economy. Soros believes now is the time to develop a cohesive plan that produces coordinated expansion rather than contraction. Signs of economic contraction are popping up around the world. Even Japan’s economy is contracting. Brazil, Taiwan, Russia and countries in Asia and South America are heading toward economic contraction. Even the European Union is on the verge of an economic contraction, but world leaders are ignoring those signs.

In the Bloomberg interview, Soros mentioned a very important fact. The civil war in Syria and the violent radicals of ISIS don’t pose the type of security threat to the United States and other countries as another global recession. Another recession will cause more job and home losses. Add those issues to the depression, violence, suicides, and divorces that will follow from another an economic meltdown, and it isn’t a pretty picture. Those issues will take a greater toll on the people of the United States and the other countries than the ISIS call for a holy war. The threat of a global recession is a clear and present danger that must be addressed by world leaders.

But politicians don’t like to talk about recessions. There is no political future in predicting a recession, and then standing by and watching it takes its toll on the people. Most politicians underestimate the damage that is done by weak economic growth. They try to put band Aids on open wounds rather than identifying and correcting the cause of those wounds. The causes of the upcoming economic wounds have already been identified, but world leaders have little say about a solution. The ball is in China’s court, and they are holding it rather than playing fairly, according to Mr. Soros.
The world leaders must develop a plan that ensures economic growth in spite of China’s economic issues. That’s not easy considering the world depends on China commodities. But it is time to move on from the hammer-lock that China has on the world. But the truth is, no one knows how to do that.