Recently, George Soros made a prediction that the EU, European Union, is one the verge of collapsing. Let’s go over what he had to say.
Soros, the billionaire financier, said that the European Union is very close to collapsing, and this is because of the migrant crisis, as well as its management over the migrant crisis issue. The issue he was referring to is that more than a million migrants and refugees have arrived in the EU in 2015.
Soros said that one of the keys to solving the issue is Angela Merkel, who is the Chancellor of Germany. As you may remember, Merkel responded to the crisis by opening the border to refugees that have traveled from Syria and other parts of the Middle East. Soros said that he did welcome her move, but there was a lot to be nervous about.
Soros said that Merkel predicted that the EU was close to collapsing and that authorities in Europe were taught how to muddle through crisis after crisis, and the Greek crisis is what taught them. He added that this is more like kicking a ball up a hill and it ends up rolling right back down.
The German people are the ones who can stop Merkel’s prediction from coming true, according to Soros. He said that the Chancellor foresaw that there was the potential for the migrant crisis to wreck havoc in the EU, and that has now become the reality and the EU needs to be fixed.
Soros also said that the people of German must decide whether or not they are willing to accept the liabilities and responsibilities that come along with being a powerhouse in Europe.
The comments Soros made comes just as Alex Stubb had something to say about the crisis. Stubb, who is the Finance Minister of Finland, said that Germany’s policy was humane, but the free movement of Europeans is under threat, as well as the whole Schengen agreement. What he means by that is that Europeans generally are free to move from one European country to the next without passing through border checks and things of that nature.