Monday, October 3, 2022

Revisiting Emily Tamkin's `The Influence Of Soros' 2020 Book: Pt. 9

 


In her 2020 book, The Influence Of Soros, a U.S. senior editor of New Statesman magazine, Emily Tamkin, noted:


"Soros has justified speculation...The value of the baht plunged 32 percent against the dollar, and millions of Thai people lost their livelihoods. The Soros fund made $750 million...The Thai financial crisis sspread, becoming the Asia financial crisis, and Soros was blamed...At the 1997 World Bank and International Monetary Fund [IMF] meetings, Malaysian Prime Minister Mahather Mohamad called Soros a `criminal'...and claimed that he...caused the crash of the Malaysian ringgit...Soros...shorted the British pound...He and his employees helped trigger the Asian financial crisis..

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"`The industry in which he made his money is an industry whose norms and rules have generally served to disenfranchise regular people over the last thirty, forty years,' said Anand Giridharadas, author of Winners Take All: The Elite Charade of Changing the World, a look at the way in which the very wealthy use philanthropy to protect the status quo and paper over problems they themselves have created, in a September 2019 phone interview...


"Soros...was still participating in a system that actively disenfranchises people...Soros...worked in finance in such a way that it broke countries' currencies..."

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