George Soros Says Trump Administration Is ‘Danger to the World’

• January 25 2018
• Katia Porzecanski

George Soros said President Donald Trump is risking a nuclear war with North Korea and predicts that the groundswell of opposition he’s generated will be his downfall.

George Soros said President Donald Trump is risking a nuclear war with North Korea and predicts that the groundswell of opposition he’s generated will be his downfall.

“I consider the Trump administration a danger to the world,” the billionaire investor said in a speech from Davos, Switzerland. “But I regard it as a purely temporary phenomenon that will disappear in 2020, or even sooner.” He expects a Democratic “landslide” in the 2018 elections.

Soros, the 87-year-old chairman of Soros Fund Management, said his Open Society Foundations are spending more than half of their budget “closer to home” rather than in the developing world, in an effort to protect democracy. While he said the strength of institutions will help prevent Trump from succeeding, Soros counted nuclear war and climate change as greater threats to civilization.

“Mankind’s ability to harness the forces of nature, both for constructive and destructive purposes, continues to grow while our ability to govern ourselves properly fluctuates, and is now at a low ebb,” he said Thursday in a speech from the World Economic Forum. “The survival of our entire civilization is at stake.”

The U.S. must accept North Korea as a nuclear power, and then cooperate and negotiate with China to establish an alliance that’s better equipped to confront the nation, he said. His comments come amid heightened trade tensions between the world’s two biggest economies.