When some people look at the world scene and they see all of the problems that individuals around the world are facing, they feel overwhelmed and like there is nothing that just one person can do. George Soros is not one of those individuals. He is a philanthropist who has used his time, energy, and money to do good for others. All the way back in the late 1970’s, George Soros was working to help individuals who are facing crisis. For example, he provided scholarships to black individuals from South Africa who were under apartheid. A couple of years later, he gave copy machines to individuals in order to undermine communism in the Eastern Bloc.
Throughout the years, he has done much good to help individuals who are facing oppression and danger. Another outstanding example of his philanthropy was helping the Roma people of Europe. He was at the forefront of the most concerted effort in all history to help the Roma come into the mainstream. He helped promising students get the education they needed to go on and live fulfilling lives. Not only did this include Roma people, but it also included other young people from marginalized groups and refugees.
George Soros is the founder of Open Society. This is a network of charities, foundations, and other organizations that have connections in more than 100 countries. The idea behind this network is that each individual’s rights are respected, no individual or organization monopolizes the truth, and the government is held accountable for their actions. This project is unlike any other that has taken place in history.
During the 1950’s, George Soros began a career in finance in New York City. Throughout the years, he has come to be a respected investor and businessman. His net worth exceeds $27 billion.
In the beginning of 2016, George Soros predicted that the current economic situation in global markets mirrors the crisis that took place in 2008. While speaking in Sri Lanka, he discussed the fact that in just January 2016, the country of China, which is the second largest global economy, is not only struggling to find a new growth model, but their currency is continuing to experience devaluation. This transfers problems to financial markets in other countries.
Soros feels that the country of China is facing major adjustment problems. He feels that it amounts to a crisis, a crisis which echoes the one that took place in 2008. This is not the only time that George Soros has warned that another economic crisis was on the horizon. In September 2011, he talked about the debt crisis in Greece being much worse than the crisis that took place in 2008. The Communist Party in China is taking steps to increase the convertibility of the yuan.