George Soros Predicts Economic Crisis Once Again.

George Soros was born and raised in Hungary until he fled to Britain at the age of seventeen years. He later enrolled to London School of Economics, one of the most reputable universities in the world. After graduating he got an entry job as a banker and worked with a merchant bank- Singer and Friedlander. He also endeared himself in the field of philosophy where he attained a PhD in philosophy from the same university, no wander he is a great philosopher and a mentor to many. His training and experience in financial matters made him becomes a philanthropist billionaire. Visit Open Society Foundations website to know more about George Soros.

His masterly in financial markets has earned him enough reputation and when it comes to predicting future outcomes in matters markets and economic fluctuations he is always right. The billionaire was listed the twenty-seventh richest hedge fund manager in the world by Forbes in the year2014. By then, his net worth was estimated at twenty-three billion dollars. The analyst made a remarkable gamble by taking risk on British pound which earned him a whopping estimated value of two billion dollars in a single day.

George Soros foretold the economic crisis that was experienced in the year 2008. There were major setbacks in economic factors such as mortgage crisis, banks collapsed, government bailout and many more factors. Major economic hub countries were in debts and increased interest rates. This was a big blow to investors who lost value on the capital investments woo unto them if they had lent their years to the economic analyst.

In a recent economic status forum held in Sri-Lanka, George Soros predicted on Street.com an economic recession similar to the one of 2008 crisis to happen in the year2016. This is a result of an enormous Debt-GDP ratio mostly in China and mother countries but subsequently felt by the world at large. China is the second most major economic hub and therefore when her economic growth heads south, its affects the economies of other countries in the world.

Soros warned the investors to make viable decisions on matters investment, putting his prophecy in consideration. Day by day, stocks are losing value an indication that all is not well. The overvalued stocks might reduce in value by a larger margin. Lending banks have increased their lending rates making investors shy away from credit reducing investments and money in circulation. When there is less money in circulation there is less disposable income to consumers therefore the commodity markets is slackened. For further information about George Soros Street visit http://www.thestreet.com/story/13418170/1/is-george-soros-prophecy-of-doom-mostly-hyperbole-or-frighteningly-accurate.html .

New Social Media App Flipora

The response to social media applications online has been overwhelming for many of the developers. They quickly realized that they hit the jackpot with these user friendly and helpful devices. The fact is that social media apps makes life just a little easier and more fun for millions of their fans. The applications are actually on the cutting edge of technology. Those that are attuned to social media realize the massive effect that the applications have online. Social media applications exist for simple chat to those that perform complicated functions for the user.

Sharing Information
Social media is all about connecting with other people online and sharing interesting content. People vote for, like, and share that interesting content with others online. The fact is that one video that is liked or shared could easily go viral and attract thousands of viewers in a matter of hours. Clearly, social media has an enormous appeal to millions online. Consequently, there is always more room for the next big thing in social media. Predictably, the response to a well designed application is quick. Those that are designed for appeal and have a great design catch on quickly. Flipora, is one new social application that is achieving great results and strong interest.

What is Flipora?
Flipora is a social media application that is designed to make it easier for the user to share information with others. Formally, the application was primarily used to document the sites that the user previously visited. The new redesign added another dimension to the application. Now, the application is used to introduce new content to the users that have downloaded the Flipora application. The content found on Flipora is based on the websites that other users found interesting. People click on a site that they would like to visit. Clearly, Flipora is a social discovery engine that is bringing good web content to millions. Some might assume that Flipora is like a few other social media sites that share content. Clearly, Flipora is different. The content on Flipora is purely based on what other user’s have found interesting or visited.