Billionaire warns about Theresa May
It’s tough to be gloomier than billionaire George Soros right now.
America has elected a would-be dictator as president, the European Union is disintegrating, U.K. Prime Minister Theresa May won’t last long as her nation prepares to secede from the EU, and China is poised to become an even more repressive society, the investor told Bloomberg Television’s Francine Lacqua from the World Economic Forum in Davos.
It is unlikely that Prime Minister May is actually going to remain in power, Soros said. She has a divided cabinet and base and Britons are in denial about the economic impact of Brexit, he said.
On Tuesday May, who took office in July after the U.K. voted to leave the EU, set out her strategy for a clean break from the 28-nation trade bloc and pitched the nation as o...
