The Third World War Caused By China's Economic Recession

Soros, George Soros, expressed concern at the world bank's Bretton Woods conference that if China's economy is in poor health, it may lead to the outbreak of the Third World War. To this end, he appealed to the us to "concession" and allow the renminbi to be included in the IMF's SDR basket.

If China fails to transform the export driven economy into a domestic driven economy, he said, China's rulers are likely to create an external conflict so that the country can unite and seize power. Then, "if China and the United States' military allies, such as Japan, have a military conflict, it is no exaggeration to say that we are at the tipping point of the Third World War."

He also said that military spending between China and Russia has been increasing. In order to avoid the outbreak of war, Soros called on the United States to make a "significant concession" and allow the renminbi to be included in the IMF's SDR basket. Of course, this will exacerbate the competition between the RMB and the US dollar.

He also said that in return, China Similar major concessions should also be made to reform. China's economy For example, accepting the rule of law.

Soros said allowing the renminbi to be on the market. Free convertibility It will create a "strong link" for the two major economic systems. Such an agreement is difficult to achieve, but the other options are very bad.

"Without such an agreement, China is likely to strengthen its political and military ties with Russia. In this way, the threat of the third world war will become real. Therefore, it is worth trying to reach an agreement. "

Soros, the investment crocodile, is an investment guru of the United States and Buffett. It is also a speculator, a devil and an economic criminal in the eyes of many people. He once said: "world economic history is a series based on false appearances and lies. The way to get wealth is to recognize the illusion and put it into play, and then quit the game before the illusion is recognized by the public.

He defeated the Central Bank of England in 1992 and became famous in World War I, earning 1 billion dollars in large profits. In 1997, the Thai baht and Hong Kong dollar were sniping, triggering the Asian financial turmoil. In 2013, it succeeded in judging that the yen would depreciate sharply, and it made him make a huge profit of 1 billion dollars. Among them, he struck Hongkong in a fiasco, because Chinese Premier Zhu Rongji held up Hongkong and resisted the depreciation of the Hong Kong dollar.