The recent U.S. presidential election saw the participation of the national and international community. However, several individuals including billionaire investor George Soros were directly involved in trying to steer the outcome. Consequently, he has been very vocal about Donald Trump’s win and the consequences for the U.S. and the world as a whole.
Here is what George Soros has to say about President Donald J. Trump’s election win and what the future holds.
Destined for Failure
George Soros has always exhibited confidence over President Donald J. Trump’s failure during interviews with Bloomberg and other media outlets. According to the investor, the president’s failure will emanate from his self-contradictory ideas and policies on opensocietyfoundations.org.
In fact, Soros is of the opinion that Donald Trump did not expect to win the election in the first place, hence the ‘disorganized’ nature of his administration. According to the billionaire investor, Donald Trump was more focused on marketing his brand than winning the elections during the campaign period. To this end, George Soros accuses the president of not thinking his policies through and acting as a divisive figure both at home and internationally.
George Soros has always been critical of the right wing of politics in the U.S. and President Donald J. Trump in particular. In fact, he was so intent on keeping Trump off power that he donated over $20 million to presidential hopeful Hillary Clinton’s campaign on business2community.com. What’s more, he was so confident that Trump would lose that he committed big investments based on this.
The billionaire investor is rumored to have lost over $1 billion in investments as a result of Trump’s win on Forbes. Soros had bet on the market crashing once Donald Trump lost, but it has been rallying since the latter’s victory. Nevertheless, the investor is still hopeful of positive returns in the near future as he is confident that the markets will crash under the president’s divisive policies.
A Would-Be Dictator?
George Soros as well as many of Trump’s critics have labeled him a would-be dictator owing to his campaigning tone and promises. As Soros points out, the president is critical of everyone who does not agree with his ideas and policies. Lately this has been evident in the president’s use of executive orders to implement his policies as well as his dismissal of officials who oppose him.
However, George Soros is confident that President Donald J. Trump cannot impose dictatorship or even sustain his divisive reign. The billionaire investor has expressed his confidence in the different branches of the government and the sovereignty of the constitution over any individual. It is rumored that Soros has been funding organizations and movements protesting against Trump in a bid to force him to step down, but the billionaire has neither accepted nor denied it.
Currently George Soros is rallying other democrats and donors to unite against President Donald J. Trump’s ‘destructive’ policies. He has also been advocating against Trump’s recent ban on refugees by committing $500 million in investments to refugees’ and migrants’ businesses in Europe and the U.S.