Recent Featured Videos and Articles | Eastern “Orthodoxy” Refuted | How To Avoid Sin | The Antichrist Identified! | What Fake Christians Get Wrong About Ephesians | Why So Many Can't Believe | “Magicians” Prove A Spiritual World Exists | Amazing Evidence For God | News Links |
Vatican II “Catholic” Church Exposed | Steps To Convert | Outside The Church There Is No Salvation | E-Exchanges | The Holy Rosary | Padre Pio | Traditional Catholic Issues And Groups | Help Save Souls: Donate |
China Now Runs The World, Soros Says
wikileaks.org
China is now the engine that runs the world,
relegating the U.S. to second fiddle in both economic power and global
influence, says George Soros, the billionaire investor renowned for his
ability to anticipate and capitalize on emerging economic trends.
"The shift is phenomenal - I have never seen anything like it," Soros
said at a New York event hosted by Reuters. "There is no parallel
because the rise of power typically takes decades."
The financial crisis in the U.S. accelerated the power transfer by
shutting down the U.S. consumer, whose historically voracious demand
previously powered the global economies. Now China is in the driver's
seat and the world is running on a supply-side engine, Soros said.
Sign up for our free e-mail list to see future vaticancatholic.com videos and articles.
Recent Content
^