SOROS ON CHINA….
Soros: Chinese Government Better than the US
http://www.theglobeandmail.com/report-on-business/economic-power-shifting-from-us-to-china-soros-says/article1800333/
“[President Barack] Obama got the short end of the stick,” Mr. Soros said. Not only is the President getting attacked within his own country, foreign governments are against him even though China’s policies are just as significant. In Mr. Soros’s view, both countries are at fault, yet he added that both of their policies can work together, if used in moderation. “There ought to be some kind of balance or compromise between them,” he said.”
The latest from Soros, as reported by Canada’s Globe and Mail:
“Mr. Soros devoted much of his talk to China because the country’s rapid rise is taking place at the exact same time that the U.S. is losing its global economic dominance. ‘There is a really remarkable, rapid shift of power and influence from the United States to China,’ Mr. Soros said, likening the U.S.’s decline to that of the U.K. after the Second World War.
Because global economic power is shifting, Mr. Soros said China needs to change its focus. ‘China has risen very rapidly by looking out for its own interests,’ he said. ‘They have now got to accept responsibility for world order and the interests of other people as well.’
Mr. Soros even went so far as to say that at times China wields more power than the U.S. because of the political gridlock in Washington. ‘Today China has not only a more vigorous economy, but actually a better functioning government than the United States,’ he said, a hard statement for him to make because he spent much of his life donating to anti-communist groups in Eastern Europe.”
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