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George Soros and Doomsday Clock Warn of Trump-Inspired Nuclear War

George Soros and Doomsday Clock Warn of Trump-Inspired Nuclear War

Billionaire investor George Soros on Thursday warned that President Donald Trump's administration threatens to put the USA and North Korea on a war footing.

Soros separately at Davos had, saying he has set the U.S. "Not only the survival of open society but the survival of our entire civilization is at stake", he declared. Left to themselves, Soros warned that Kim Jong Un and Trump would both "risk a nuclear war in order to keep themselves in power".

If the resilience of the US system was encouraging, Soros intimated, there were still grave dangers to be faced, including the rise of authoritarianism in places like Hungary and the fact that under Trump "the United States is set on a course toward nuclear war by refusing to accept that North Korea has become a nuclear power".

George Soros said Facebook Inc. and Google are nearly monopolies and have purposely fostered addiction among users. Soros compared social media to gambling's addictive qualities, noting Facebook uses similar techniques to casinos, luring people in and enticing them to spend more and more time with them. "But I regard it [the Trump administration] as a purely temporary phenomenon that will disappear in 2020, or even sooner".

South Africa's ANC debating Zuma's exit, no date agreed
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As the industry changes, a new business model at social media companies is emerging based not only on advertising revenue but on selling products to users, Soros said. "This can be very harmful, particularly for adolescents". Another disturbing possibility was that USA tech companies would "compromise themselves in order to gain entrance to these vast and fast-growing markets. But the fact that they are near- monopoly distributors makes them public utilities and should subject them to more stringent regulations, aimed at preserving competition, innovation, and fair and open universal access", he said. Speaking at the World Economic Forum in Davos - famously the site of Thomas Mann's novel The Magic Mountain - Soros spoke of the dangers of populist leaders who have tried to establish "various forms of dictatorship and mafia states".

A Reuters Institute for the Study of Journalism report revealed earlier this month that 44 per cent of publishers are more anxious about tech companies compared to the year before. But Soros' main concern is the speed with which these companies took over the world.

And he expressed worry about the European Union's future, saying that the bloc is "in a revolutionary period" where Russian Federation again has arisen and the EU is in disarray.

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