Star investor George Soros is worried and is now predicting the next big financial crisis. The current situation in Italy, a possible “Italexit” and EU punitive tariffs are causing concern for investors.
For Soros, there are many unresolved issues, a sharp rise in the dollar and capital flight from emerging markets, just a few reasons for a financial crisis. He warned the European Union in his speech on Tuesday of the imminent threat. According to him, the EU is already in an “existential crisis”.