{"id":246039,"date":"2010-01-29T00:03:00","date_gmt":"2010-01-29T05:03:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/soros-buy-bubbles-china-dollar-2010-1"},"modified":"2010-01-29T00:03:00","modified_gmt":"2010-01-29T05:03:00","slug":"soros-when-i-see-bubbles-i-buy-them","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/246039","title":{"rendered":"Soros: When I See Bubbles, I Buy Them"},"content":{"rendered":"<p>Soros lays out his latest views on currency and the economy from Davos.<\/p>\n<p><strong>On the dollar:<\/strong><\/p>\n<p>&#8220;There is no alternative to the dollar, the euro has its own problems. And of course for the sterling, the United Kingdom is in worse shape than the U.S..&#8221;<\/p>\n<p>&#8220;The renminbi, which of course is undervalued, is not open for people to buy.&#8221;<\/p>\n<p>&#8220;Thus there is a general aversion to currencies and a flight into real assets such as commodities.&#8221;<\/p>\n<p><strong>On China:<\/strong><\/p>\n<p>&#8220;You said that when you see bubbles, that makes you buy, does that mean you&#8217;re active in the Chinese market?&#8221;<\/p>\n<p>&#8220;Well, I have been active in the Chinese market. Right now the Chinese market is overheating and they have to slow it down. It remains to be seen how successful they are.&#8221;<\/p>\n<p>\n<object id=\"cs_player\" classid=\"clsid:D27CDB6E-AE6D-11cf-96B8-444553540000\" width=\"425\" height=\"330\"><param name=\"movie\" value=\"http:\/\/eplayer.clipsyndicate.com\/cs_api\/get_swf\/3\/&amp;pl_id=8178&amp;page_count=5&amp;windows=1&amp;va_id=1279461&amp;show_title=0&amp;auto_start=0&amp;auto_next=0\" \/><param name=\"allowfullscreen\" value=\"true\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><embed type=\"application\/x-shockwave-flash\" width=\"425\" height=\"330\" src=\"http:\/\/eplayer.clipsyndicate.com\/cs_api\/get_swf\/3\/&amp;pl_id=8178&amp;page_count=5&amp;windows=1&amp;va_id=1279461&amp;show_title=0&amp;auto_start=0&amp;auto_next=0\" allowscriptaccess=\"always\" allowfullscreen=\"true\"><\/embed><\/object>\n<\/p>\n<p>(Via <a href=\"http:\/\/pragcap.com\/george-soros-china-is-overheating\">Pragmatic Capitalist<\/a><strong>)<br \/><\/strong><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/soros-buy-bubbles-china-dollar-2010-1#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/soros-the-ultimate-asset-bubble-is-gold-2010-1\">Soros: &#8216;The Ultimate Asset Bubble Is Gold&#8217;<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/doug-kass-heres-how-to-trade-tonights-state-of-the-union-2010-1\">Doug Kass: Here&#8217;s How To Trade Tonight&#8217;s State Of The Union<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/soros-scott-brown-will-create-a-double-dip-recession-2010-1\">Soros: Scott Brown Will Create A Double Dip Recession<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/SBGzM7LkPEU\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Soros lays out his latest views on currency and the economy from Davos. On the dollar: &#8220;There is no alternative to the dollar, the euro has its own problems. And of course for the sterling, the United Kingdom is in worse shape than the U.S..&#8221; &#8220;The renminbi, which of course is undervalued, is not open [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-246039","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/246039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=246039"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/246039\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=246039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=246039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=246039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}