George Soros on Ukraine

Ukraine is a country that has struggled for many years to get its economic act together. There are a lot of people who are invested in what the country does in the future. George Soros has a special interest in this area because he is from that part of the world. For many years, the country has struggled in poverty for a variety of reasons. If you want to take your life to a new level, this is the way to go. George Soros Ukraine knows how to help others in a variety of areas. He has recently offered his strong opinion on the situation in Ukraine and how other countries can help protect it. With all of the changes that are coming to the world economy over the next few years, it is vital that countries take his advice.

George Soros

Ever since he was young, George Soros has always had an interest in world markets. There are a lot of people who look up to his example in this area. If you want to invest for your future, you need to make sure you have a strong understanding of how to do so. Ukraine can be a country that prospers over the long term, but there are a lot of issues that need to be resolved. Instead of relying on other nations for a bailout, they should start thinking about ways that they can advance to the next level. George Soros knows what the challenges are in this area, and he is ready to offer his advice to people who are working to change things for the better. Reference: http://www.nybooks.com/articles/2015/10/08/ukraine-europe-what-should-be-done/

Debt

One of the biggest issues that many nations in Europe have is high levels of debt. Over time, this is an issue that a lot of people struggle with. Many nations in this area have falling birth rates. This means that there are not enough young people to care for all of the older people as they age. As more resources are geared towards helping older people, less can be invested in technology in a number of areas. This causes a lot of issues down the road for these countries, and they get into a cycle of slow growth and debt that lasts for many years. Over time, George Soros wants to help these nations develop a plan to get out of this cycle.

Final Thoughts

In the coming years, George Soros sees a lot of economic issues for Ukraine. However, the situation is not hopeless if they will take action today to take things to the next level in their life. Over the long term, a lot of people are excited about the changes that he is proposing. George Soros knows how to take things to the next level in the lives of others, and George Soros is passionate about helping struggling nations in a variety of ways.

Read the articles about George Soros and Ukraine on NY Books

Why the West Needs to Help Ukraine

According to George Soros, sanctions placed on Russia for invading Ukraine have done the damage. One of the sanctions includes blocking Russian financial institutions from the global markets. Soros is well familiar with finance and how such a block can wreak havoc to economy. After all, he made billions speculating on the global markets.

Additional difficulties Russia faces come from low oil prices. Overall, Soros thinks that these sanctions are doing their job in keeping Putin from causing more turmoil. However, when it comes to Ukraine, the country needs help from the West in order to get its economy going.

Even before Russian invasion in 2014 Ukraine suffered economically. The country is run by oligarchs (in similar fashion to Russia) and there’s widespread corruption. So, money alone won’t solve the problem. The Western nations need to help Ukraine eradicate widespread corruption which chokes the country.

Read more:
George Soros | Open Society Foundations (OSF)

Sustaining Ukraine’s Breakthrough

George Soros calls for European leadership in solving the crisis. Specifically, he has Angela Merkel in mind as she’s the leader of Europe’s biggest economy. But, the German chancellor is preoccupied with other issues: migration crisis, Greek debt, and now Brexit.

Merkel stood up to Russia, but didn’t do much to help Ukraine. Soros feels that she has already spent her political capital on fending off the Greek crisis. But, Soros says, Ukraine shouldn’t be treated like another Greece.

Ukraine is a large nation when it comes to its territory and population. In fact, it’s among the biggest in Europe. There are forces there that seek to pursue radical political and economic reforms, something Soros calls “new Ukraine.” But, the entrenched interests of the “old Ukraine” are still strong.  Otherwise, Putin will have more room to play.

Learn more about George Soros:
https://www.project-syndicate.org/commentary/george-soros-shows-why-eu-support-for-ukraine-would-end-up-benefiting-europe?barrier=true

http://www.nytimes.com/topic/person/george-soros