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> Economy

George Soros: Trump will fail & Brexit will last three days

'The Man Who Broke the Bank of England' spoke about Trump and Brexit

Newsroom January 20 02:50

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According to George Soros, Donald Trump is a “would-be dictator” who will fail and Theresa May will not last because of the Brexit “divorce”.

The Hungarian-American investor, spoke during the World Economic Forum in Davos. And he is convinced about that “not because of people like me who would like him to fail, but because the ideas that guide him are inherently self-contradictory”.

Mr Soros, who donated $1m (£810,000) in June 2015 to Priorities USA Action which supported Hillary Clinton’s campaign, also said Mr Trump “didn’t expect to win, he was surprised”.

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For Theresa May he was not optimistic: “In my opinion it is unlikely that Prime Minister May is actually going to remain in power. Already she has a very divided cabinet, a very small majority in Parliament. And I think she will not last” said Mr Soros”.

“The divorce is going to take a very long time. It’s much harder to divorce than to get married, so I think the desire for rapprochement will develop, and in theory or maybe even in practice you could have a situation in 2019 or 2020 when Britain will leave the EU, because it does have to take place, but they could leave on a Friday but join over the weekend and have the new arrangement in place on Monday morning”.

 

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