Roger’s Rules

By Roger Kimball

Bio

Get Updates From Roger Kimball
A Comment About

An Offer They Couldn’t Refuse

May 10, 2009 - 8:32 am - by Roger Kimball
Concerned Citizen
2009-05-11 12:07:42

Paddy, you’re right on the follow the money. It will lead to the scene(s) of the theft, but I’m not sure you’ll find Soros’ fingerprints on a car.

Soros is playing a much bigger game. He wouldn’t want to touch a crappy Italian car company — there is a lot more to be gained by betting on the demise of the dollar. Using derivatives and leverage, this trade is going to make the $1 billion shorting the British pound look like chicken feed and he’ll be crowing about the killing he made at our expense.

If you are an investor, you are betting against Team Obama, who are massively short the U.S. economy and markets. Play at your own risk.