Advises EU states to use money to combat “anti-immigrant sentiment”
Kurt Nimmo | Infowars.com - APRIL 12, 2016
George Soros has called for imposing a new debt burden on Europeans to pay for the destruction of their countries.
“EU leaders need to embrace the idea that effectively addressing the crisis will require ‘surge’ funding, rather than scraping together insufficient funds year after year. Spending a large amount at the outset would allow the EU to respond more effectively to some of the most dangerous consequences of the refugee crisis,” writes the billionaire “philanthropist” for The New York Review of Books.
In addition to an increase in VAT (value added tax) “contributions” from member states, Soros calls for states to borrow money from financial markets, thus adding to a debt obligation that has swamped the continent and produced the so-called “eurozone crisis” responsible for anemic economic growth and unemployment.
“The EU presently enjoys a triple-A credit rating that is underused and that allows it to borrow in the capital markets on very attractive terms. And with global interest rates at near historic lows, now is a particularly favorable moment to take on such debt,” he writes.