Oh, my! If earlier well-known American billionaire, George Soros, has only warned that US financial markets destabilize themselves and their instability slows down rate of economic development of the USA and other dependent from it economies in the world (Europe and Russia), then now he publicly declares that US authorities are not able to get over difficulties of current financial and economic crisis, because they cannot amend the current situation on own financial markets. He says that they have simply not found pressing need for governmental interference in commercial banks’ activities, feeling certain of market’s auto-regulation.
And at this moment G. Soros is sure (and it is quite logic!) that soon the global financial world will change radically. In his interview to Die Welt he openly states that USA and Europe begin to lose their leading positions in the world now, because they have huge debts and ineffective policy of their authorities. And according to Soros only China is able to be their main investor, which turns it into a new global financial empire! As a result of numerous mistakes, committed by America during last 25 years, influence of Asian region, as he consider, will grow greatly.
All that explains Soros’ readiness to become the main sponsor and PR-manager of Chinese current project, directed to quick promotion of new world currency. To all seeming at the initial stage Mr. Soros plans to make use of this new world currency in business contacts between China and countries of Central Asia (I hear Kazakhstan’s leader has been in for the project). Then most likely G. Soros is going to advance new world currency to Asia-Pacific region with further involving in this zone such oil-producing countries as Russia, Azerbaijan and Turkmenistan. Not bad, isn’t it?
Now it becomes clear why US billionaire has organized a campaign in the press, where he openly blames International Monetary Fund, World Bank Group and the Federal Reserve System for their granting absolute freedom in uncontrolled topping up loans all over the world, which has led to destructive consequences for world financial market and as a result of it - to current global financial and economic crisis. Mr. Soros has simply changed his Western orientation to Asian one!