George Soros, founder and chairman of Soros Fund Management,
speaks during the 2011 forum "Charting A New Growth Path for the
Euro Zone" in Washington, D.C. Soros now appears concerned that
the global economy's path looks shaky.
Manuel Balce Ceneta/AP
Why should anybody care that billionaire George Soros is trading again and making big bets that will pay off if economies around the world fall on harder times?
When the 85-year-old hedge fund founder did something like this a decade ago, the U.S. housing market was about to implode, Lehman Brothers would soon collapse and the U.S. and global economy was headed into what economists call "the toilet."
One thing Soros appears to be most concerned about this time around is weakness in China.
The rest at NPR.
I would not trust George Soros as far as I could kick him.
But he's not going to lose money.