Soros manipulates euro – is U.S. dollar next?

Chad Groening
OneNewsNow, March 8, 2010

A scholar and New York Times bestselling author suspects left-wing billionaire George Soros is trying to manipulate the euro as part of his goal of establishing a one-world currency and a one-world government.

The London Daily Mail and The Wall Street Journal both recently reported on what is being described as an all-star “ideas dinner” in New York City that was attended by some heavyweight hedge-fund managers, including George Soros. During that dinner, several participants argued that the euro is likely to fall to “parity” or equal on an exchange basis with the dollar.

Dr. Jerome Corsi, author of America for Sale: Fighting the New World Order, Surviving a Global Depression, and Preserving U.S.A. Sovereignty, believes this is a George Soros-led effort all the way.

“Soros made his first billion in an effort to break the Bank of England when he similarly took short positions on futures and bet against the pound, which was hugely successful,” Corsi explains. “That’s when he made his first billion dollars. And now he is trying to do the same with the euro – and the euro is vulnerable because the European Union has got debt problems.”

The author adds that while bringing the euro closer to parity with the dollar is good for the dollar in the short term, this is not the best way to go about it.

“We should be bolstering the dollar…but not by taking down the euro,” Corsi contends. “In some ways, I’m happy the euro could be taken down. I hope the nation states go back to their individual currencies. But that’s not the outcome of this. The outcome is the globalists like Soros will ultimately say, ‘Now let’s go to a one-world currency and a one-world government.”

The scholar concludes that the latter is what Soros has been working to accomplish. Meanwhile, President Barack Obama has done nothing or even said anything about protecting the dollar.

Source: OneNewsNow

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