War Erupts Between Italy's Government And Soros: "You Profited From The Death Of Hundreds Of People"

A feud has broken out between liberal billionaire activist and fervent Clinton supporter, George Soros, and Italy's anti-immigrant League party, which on Friday formed a populist movement in coalition with the 5-Star party, and whose leader Matteo Salvini stepped into his new job as Deputy Prime Minister and Minister of the Interior on Friday, pledging to deport hundreds of thousands of illegal immigrants.

Salvini's League and the 5-Star Movement struck a deal Thursday on a coalition government which will work towards "putting Italians first" (and potentially making life for Europe a living hell with the ongoing threat of Quitaly, which according to JPMorgan may be Rome's best outcome), ending five days of market volatility and political chaos.

In response, George Soros flipped out, openly suggesting that Salvini might be financed by Vladimir Putin, saying he is "very worried about Russia's influence on Europe in general and on the new Italian government."

+++ George Soros : “gli italiani hanno diritto a sapere se Salvini è finanziato da Putin, io sono molto preoccupato per influenze russe “+++ #economicfest

— Stefano Feltri (@StefanoFeltri) June 3, 2018

"I do not know if Salvini was funded by Moscow, but the public has a right to know" said Soros.

Soros translated: Any government who puts their citizens ahead of migrants is now a Putin puppet.

The League's economics policy chief, Claudio Borghi hit back against Soros, stating (translated):

"Soros worried by the Italian government? Then it means that we are going in the right direction… We understand that those who have speculated for years on the skin of immigrants, financing NGOs and smugglers to invade Italy.

"The wind has changed for [Soros] and for all those who have profited from the deaths of hundreds of people."

BORGHI – LEGA: REPLICA A SOROS: “ IL VENTO È CAMBIATO, SE NE FACCIANO UNA RAGIONE COLORO CHE HANNO GUADAGNATO SULLA MORTE DELLE PERSONE “ https://t.co/uZETxii0RY

— Claudio Borghi A. (@borghi_claudio) June 3, 2018

Soros also admits in Italy's Corriere della Sera newspaper that the League's growing influence is a reflection on "Europe's flawed migration policies that imposed an unfair burden on Italy." His solution? Instead of resettling the migrants, the EU needs to pay Italy.

https:// www.zerohedge.com/news/2018-06-03/war-erupts-between-italys-government-and-soros-you-profited-death-hundreds-people

Hedge Fund CIO: "The Long Season Of Central Bankers Has Ended"

Anecdote

Change is magnificent, he thought, along the stream. Walking. Spring had become summer, lush, in what seemed an instant, little by little, then all at once. The barren banks were now covered in green, dense bramble, concealing.

Across the world change is taking hold. For the entirety of his career, with few exceptions, the study of markets had been an examination of central bank policy. On the Chicago floor in 1989, Fed Funds had been 9.00%, nearly inconceivable now.

The first Gulf War in 1990 had been something, but politicians and politics were of no real consequence when compared to the power of paper. Greenspan lowered rates to 3% by 1993, the Savings and Loan Crisis, the recession. As the economy recovered, he lifted rates to 6.00%, bonds crashed.

And after saving Asia from its 1997 catastrophe, when their governments proved impotent, Alan rescued the US financial system from the stupid geniuses at LTCM. But this amplified the dotcom bubble, crash.

He cut rates to 1.00%, solving a problem of his own creation. Which fueled the housing fiasco. Politicians came and went throughout, wars too, they barely mattered to markets.

Greenspan had attempted to tame the wild, and 2008 was Nature’s response. Professor Bernanke cut rates to 0%, printed, bought, and guided our every expectation. Yellen was no different really.

And the repression they sought in market volatility led to the financialization of the global economy, profound income and wealth inequality.

Which brought forth something not seen for ages, a demand by the people for real change. For a world no longer led by bankers. For politicians to solve their problems, to sooth their fears, to address their grievances.

In the UK, America, across Europe too, Italy its latest blossom.

The long season of central bankers has ended. And politics is again ascendant, in its lush, wild tangle.

https:// www.zerohedge.com/news/2018-06-03/hedge-fund-cio-long-season-central-bankers-has-ended

"Unacceptable": China Blasts Mattis For "Irresponsible Comments" About South China Sea Islands

A Chinese general on Saturday defended Beijing’s military build-up in the South China Sea, blasting the "irresponsible comments" made by U.S. Defense Secretary James Mattis, who on Saturday accused Beijing of threatening its neighbors in the heavily disputed waters and warned China of "consequences" if it continues weaponizing the South China Sea.

"Any irresponsible comments from other countries cannot be accepted," Lieutenant General He Lei told reporters at the IISS Shangri-La Dialogue, a civilian and military defense summit in Singapore, after Mattis warned that "there are consequences that will continue to come home to roost if China does not find a way to work more collaboratively with nations that have interests in the disputed region." He then clarified that "as long as it is on your own territory you can deploy the army and you can deploy weapons", indicating that to China the "contested" islands are anything but.

"We see any other country that tries to make noise about this as interfering in our internal affairs," General He said, referring to the Pentagon chief's comments.

Beijing’s recent deployment of anti-ship cruise missiles, radar-jamming equipment, and strategic bombers to the disputed islands have dramatically increased geopolitical tensions around the region. In an attempt to counter rising territorial tensions, the Chinese general said Beijing’s militarization of the islands were for "national defense" purposes.

“They are for the purpose of avoiding being invaded by others … As long as it is on your own territory you can deploy the army and you can deploy weapons," he said.

For years Washington has agitated Beijing by claiming “freedom of navigation", sailing its military vessels and flying its warplanes around the heavily disputed islands in the South China Sea. Last Sunday, we reported that the U.S. Navy conducted its “freedom of navigation” patrols near the islands to demonstrate the right to sail through the international waters.

"We did not do freedom of navigation for America alone,” Mattis said in his speech while referencing the recent freedom of navigation drill. "We do freedom of navigation, give freedom for all nations, large and small, that need to transit those waters for their own prosperity and they have every reason to do so,” he added, but what he really meant is that the US continues to engage in ultimately futile attempts to spook China into military submission, even though such overtures are clearly having the opposite ffect.

#SecDef Mattis discusses US leadership and #IndoPacific security challenges during the #ShangriLaDialogue June 2. The #ShangriLa Dialogue, held by the @IISS_org, is an inter-governmental security forum attended by defense ministers and delegates from more than 50 nations. #SLD18 pic.twitter.com/o1VK4UKiSE

— U.S. Dept of Defense (@DeptofDefense) June 2, 2018

Beijing, meanwhile, claims that most of the resource-rich sea, which overlaps claims from Brunei, Malaysia, the Philippines, Taiwan, and Vietnam, belongs to China. To reinforce such claims, Beijing quickly built artificial islands and erected military bases on Parcels and Spratly islands. Regarding trade, more than U.S. five trillion dollars in shipping trade flow through the region per annum.

"China’s policy in the South China Sea stands in stark contrast to the openness our strategy promises, it calls into question China’s broader goals,” said Mattis, accusing Beijing of “intimidation and coercion."

https:// www.zerohedge.com/news/2018-06-03/unacceptable-china-blasts-mattis-irresponsible-comments-about-south-china-sea

Mike Pompeo to China: ‘Make a full public accounting’ of Tiananmen Square massacre

Chinese leaders must “make a full public accounting” of the 1989 crackdown on protestors in Tiananmen Square, Secretary of State Mike Pompeo said Sunday.

“On the 29th anniversary of the violent suppression of peaceful demonstrations in and around Tiananmen Square on June 4, 1989, we remember the tragic loss of innocent lives,” Pompeo said. “As Liu Xiaobo wrote in his 2010 Nobel Peace Prize speech, delivered in absentia, ‘the ghosts of June 4th have not yet been laid to rest.’”

That statement in memoriam is a two-pronged rebuke of the Chinese Communist regime. Liu died in Chinese custody last year after nearly three-decades of political opposition, a career that began with a hunger strike in solidarity with the Tiananmen Square protestors in 1989. Chinese censors work aggressively to censor any mention of the suppressed protests around the time of the anniversary.

“We join others in the international community in urging the Chinese government to make a full public accounting of those killed, detained or missing; to release those who have been jailed for striving to keep the memory of Tiananmen Square alive; and to end the continued harassment of demonstration participants and their families,” Pompeo said.

To the contrary, the Chinese government has ramped up its efforts to censor criticism of the Communist Party, to autocrat Xi Jinping, and any references to Tiananmen Square. “We had about 30-40 employees two years ago; now we have nearly a thousand reviewing and auditing,” one censor told Reuters in September.

Liu’s wife, Xia, lives in Beijing. “They are going to keep me here to serve out Xiaobo’s sentence,” she told a friend in a recorded phone call published last week. “I want to see just how much more cruel they can get and how much more shameless they will become; I want to see how much more depraved this world is.”

The anniversary coincides with the run-up to a high-stakes summit between President Trump and North Korean dictator Kim Jong Un, whose regime long has been a client of its larger Communist neighbor. China also has deployed military assets to artificial islands in the South China Sea to bolster its claim to sovereignty over one of the most vital shipping lanes in the world.

“The United States views the protection of human rights as a fundamental duty of all countries, and we urge the Chinese government to respect the universal rights and fundamental freedoms of all citizens,” Pompeo said.

https:// www.washingtonexaminer.com/policy/defense-national-security/mike-pompeo-to-china-make-a-full-public-accounting-of-tiananmen-square-massacre

>>1622066

>>1622072

I think finally we are going to see things throttle at Soro's for a change. The entire organization and all of his cohorts need to answer for these crimes and crises they caused throughout the world.

Are we talking Bill Gates? If so, the last I knew he was in China or at least within the last week or 2.

>>1622321

I agree, Xi knows he has a serious problem there, as far as I can see by reading the news from there they are working to break it down and jail these individuals. I don't think either leader wants war of any kind. Just an agreement they can all live with.

>>1622389

Epic and Indeed, special place for sure how about Germany!

>>1622396

He's going to run out of places to go soon…..

>>1622453

I agree neither of them can do that. Like Trump said Xi is a good poker player, with that I believe there is a mutual respect there that allows them to find solutions viable to both sides.